Jamaica Ethanol shuts down plant, cuts 31 jobs
JAMAICA Ethanol Processing has shut down its ethanol plant and terminated 31 jobs after 26 years in the business.
The move was completed last week after three consecutive years of rising input costs helped to sever margins and drive the company out of an ethanol market in which it started operating long before the other two operators in Jamaica — Jamaica Broilers Group (JBG) and Petrojam.