Miami Herald. The Columbia-based Inverandino business group is poised to begin production of sugarcane ethanol in Louisiana by the middle of next year.
According to projections from Louisiana Green Fuels (LGF), the holding company that is advancing the project, the sugarcane ethanol operations will produce 100 million gallons of ethanol within five years.
For the past two years, and in a very discrete manner, the Inverandino business group, controlled by the Santacoloma family of Colombia, has taken over the operations of three sugar mills in the area that will be exclusively dedicated to converting sugar cane into ethanol and organic fertilizers.
“We came to create a change in the paradigm that in the United States it is not possible to produce ethanol from sugar cane in a way that is profitable, and we are determined to make it happen,” said Mario Andres Cortes, LGF director of communications.>
LGF currently manages more than 14,000 acres of sugarcane cultivation in the US through a co-op arrangement with Louisiana farmers. The sugarcane is currently used in syrup production.
The state of Louisiana is providing assistance to the project. The processing plants are located in Lacassine, St. James and Bunkie.