Molasses, meaning honey like, is thick dark syrup that is a by-product of sugar refining through repeated crystallization of sugar syrup obtained by crushing sugar cane. Molasses 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. Alcohol in turn is used to produce ethanol, rectified spirit and various value added chemicals. Ethanol is consumed by chemical industry and is also used in blending with petroleum to produce Ethanol Blended Petroleum (EBP).