Maple Energy declares various updates regarding its ethanol business and operations for the period January 1st to June 30th, 2014.
An aggregate amount of approximately 369,105 gross tonnes of sugar cane (approximately 315,755 net tonnes) have been harvested and processed as of June 30, 2014. This net amount of processed sugar cane excludes sugar cane "trash", which primarily consists of green and dry leaves of the sugar cane that are ultimately used as fuel to generate electricity. The Average total recoverable sugars (TRS) from the sugar cane processed was approximately 11.95%.
An aggregate amount of approximately 24,062 cubic metres (approximately 6.4 million gallons) of fuel-grade ethanol have been produced at the Ethanol Plant as of June 30, 2014. The average ethanol yield during this period was approximately 20.1 gallons (approximately 76.2 litres) per net tonne of sugar cane processed.
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Maple Energy plc
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