By Chisomo Phiri
Minister of Trade Sosten Gwengwe has urged Ethanol Malawi Company(EthCO) to ramp up production to meet the soaring demand for its products in both local and global markets.
Speaking during his visit to EthCO in Dwangwa on Thursday, Gwengwe praised the company’s impressive expansion and its ability to satisfy the global ethanol market.
He noted that the company produces high-quality products that can help the country earn foreign currency through exports.
Gwengwe advised the company to scale up its operations
“EthCO is doing quite a lot in terms of venturing into various kinds of products, what I can advise them is simply scaling up what they are doing right now,” he said.
On her part, EthCO Chief Executive Officer (CEO) Lusubilo Chakaniza, revealed that the company plans to construct another production unit in Salima district to increase production.
EthCO is a Malawian company that distills ethanol from molasses, a byproduct of sugar production.
The company was founded in 1982 in response to the fuel crisis of the late 1970s.
EthCo’s main product is ethanol, which is used for a variety of purposes, including fuel, beverage alcohol, and industrial applications.
The company also produces gel fuel for chafing dishes.