JBG Books Tolling Contracts
Jamaica Broilers Group Limited (JBG) has advised that JB Ethanol Limited, a subsidiary of JBG has booked processing (tolling) contracts for the period July 2012 to April 2013 which will result in a 200% increase in volumes processed by the Group`s Ethanol operations in the 2012/13 fiscal year, when compared to the previous year.
The increased business is mainly attributable to favourable developments in market conditions which range from reduced cost of Brazilian hydrous ethanol and increased price of fuel grade ethanol in the USA.