To solve supply glut, no new sugarcane plants until 2020Viet Nam will not build more new sugarcane plants between now and 2020, following a plan for the sugar industry’s development until 2020 with a vision to 2030. In the 2017-18 crop, the domestic sugarcane industry has struggled, the Lao Dong (Labour) newspaper cited the Viet Nam Sugarcane and Sugar Association as saying. From now to 2020, the country’s sugarcane growing area will be maintained at 300,000ha while its sugarcane production will be ensured at more than 20 million tonnes and sugar output at 2 million tones, including 1.3 million tonnes of refined sugar. About 5.5 million tonnes or 90 per cent of bagasse will be used to produce 1.1 million kWh of electricity every year. By 2030, sugarcane and sugar output will be respectively increased to 24 million tonnes and 2.5 million tonnes.

Source: VietNamNet News April 26, 2018 01:41 UTC