Business

YPFB only demanded 31% of the ethanol it promised to buy from the sugar mills

Bolivia’s YPFB had to buy 150 million litres of anhydrous alcohol (ethanol) from sugar mills in 2019, but only acquired 47 million or 31%. Although the non-compliance created economic problems, sugar mills are still betting on the project, hoping that the State-owned company will buy the full volume committed for 2020, which will increase by a range of 7 and 33%.

Source: Los Tiempos

Categories:Business, Industry