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The government also subsidizes sugar cane production with a handout of 50 baht per tonne, up to 5,000 tonnes. [ 28 ] The Industry Ministry's Office of Cane and Sugar Board has plans to increase the country's total sugarcane plantations to 16 million rai by 2026 (from 6.5 million rai in 2007–2008).
In 2016, the group became the first company in Thailand and the second firm in Asia to be certified by Bonsucro, an international not for-profit organisation that promotes sustainable sugar cane. Its aim is to reduce the environmental and social impacts of sugarcane production. [6] The group has won numerous other awards. [10]
It is expected to serve as a new bio-industry base of the country, with modern technology implemented throughout the production chain. [2] The NEEC focuses on developing a bioeconomy, specifically in the cultivation and production of rice, tapioca, and sugar cane. [3] [4] [5]
Sugarcane or sugar cane is a species of tall, perennial grass (in the genus Saccharum, tribe Andropogoneae) that is used for sugar production. The plants are 2–6 m (6–20 ft) tall with stout, jointed, fibrous stalks that are rich in sucrose , [ 1 ] which accumulates in the stalk internodes .
Sugar Prices 1962-2022 USD per pound. The sugar industry subsumes the production, processing and marketing of sugars (mostly sucrose and fructose).Globally, about 80% of sugar is extracted from sugar cane, grown predominantly in the tropics, and 20% from sugar beet, grown mostly in temperate climate in North America or Europe.
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Sugar companies of Thailand (5 P) T. Thai distilled drinks (3 P) This page was last edited on 29 October 2024, at 14:51 (UTC). Text is available under the ...