Philippines Bans Bioethanol Feedstock Imports to Protect Local Industry
The Philippines has banned the importation of bioethanol feedstock, including molasses and other sugar products, to protect local producers and comply with the Biofuels Act promoting domestic biofuel use. This move follows past importations that negatively impacted local farmers.
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The Sugar Regulatory Administration's (SRA) order compelling bioethanol manufacturers to prioritize domestic feedstock over imports could lead to higher prices for local molasses, according to the United Sugar Producers Federation of the Philippines (UNIFED). This stems from an interpretation that the Biofuels Act of 2006 only covers imported bioethanol, not imported feedstock.