Consider the following statements: 1. 1. Molasses is a by-product of sugar production process. 2. 2. Bagasse obtained in the sugar mills is used as a fuel in the boilers to generate steam for the sugar factories. 3. 3. Sugar can only be produced from sugarcane as the raw material. Which of these statements are correct?

1 Statement 1 is correct. Molasses, a thick dark syrup, is indeed a principal by-product obtained during the processing of sugarcane or sugar beets into sugar. 2 Statement 2 is correct. Bagasse is the fibrous residue left after crushing sugarcane to extract its juice. This bagasse is commonly used as a fuel in the boilers of sugar mills to generate steam, which provides power and heat for the factory operations. 3 Statement 3 is incorrect. While sugarcane is the primary raw material for sugar production in many parts of the world including India, sugar can also be produced commercially from sugar beets, which are widely used in temperate regions.