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Seprod focuses on power generation plant and tripling exports

PB-Scott

Seprod, the farming conglomerate, will reconsider setting up its own power plant to cut costs amid posting disappointing earnings from sugar.

It also plans to triple export earnings in three years from its current $1/2-billion level.

Cane typically produces four revenue streams including sugar, molasses, rum and energy. But only sugar and molasses are exploited at its Golden Grove Sugar Company, stated chief executive officer Richard Pandohie.

Published in the Observer
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