Industry heavyweights like Cosan (CZZ) are also researching ways to make fuel ethanol friendly for jet fuel, and turn sugarcane bagasse, the leafy waste of the cane stalks after they are crushed into sugar molasses, into second generation ethanol, as well.

FORBES: Brazil's BNDES Bank Offers $1 Billion to Ethanol R&D

In Victorian days, ships from Canada's Maritime provinces traded Caribbean sugar and molasses for timber, salt cod and potatoes.

ECONOMIST: The Caribbean: The Canadian connection | The

He is a self-made businessman who owns Cultiba, a corporation that produces cane sugar and molasses, and distributes soft drinks in Mexico, including all Pepsi-brand drinks.

FORBES: Mexican Drug Kingpin El Chapo Out Of Billionaire Ranks

It had its own blacksmith shop, sawmill, a sugar cane and molasses mule-drawn mill, and we didn't want to see that lost.

BBC: Touring wineries in Texas Hill Country

Rum is made from molasses, a by-product of the sugar refining process.

FORBES: DONQ: LEADING LIQUOR TO SUSTAINABILITY

Beisdes, most rums are made from molasses, a by-product of the sugar refining process, so it starts with a recycled product, and that is a good thing.

FORBES: Denizen: Rum From Within

Not only are there strict rules against any harsh treatment of the animals, but also elephants may not play more than two 20-minute games a day and each animal is rewarded with sugar cane or rice balls full of molasses and rock salt after each match.

BBC: Polo-playing elephants in Nepal

Heartland's sister company in Canada buys sugar at international prices, and conjures up a molasses stew specifically designed to avoid America's customs tariffs.

ECONOMIST: Sugar solution