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Although the cost of each gallon of ethanol produced in the MicroFueler depends on the price of sugar, electricity, and water, Thomas Quinn maintains that it can be made for somewhere around $1 per gallon. The company is trying to make inedible sugar available from Mexico, which can be bought for as little as 2.5 cents per pound.
In India Ethanol, a type of industrial alcohol, is produced directly from Molasses. The Government offers subsidized loans to sugar mills for setting up an ethanol producing unit, covering 40% of the project cost thus encouraging higher Ethanol production.olasses is sold both for human consumption, to be used in baking and in the brewing of ale, as also for industrial use. In India Molasses is used mainly in manufacture of industrial/ potable alcohol, yeast and cattle feed.