As the human demand for energy resources is increasing day to day and such resources are very limited, many researchers attempt to achieve new sources of energy as well as to optimally use the available resources. The initiative of sugarcane development and lateral industries is one of the few initiatives that its executives try from the beginning to meet current needs without compromising the ability of future generations. One of the major problems encountered in the massive initiatives of sugarcane agro-industry is the various wastes produced in these factories. Today, by-products of sugarcane factories are recognized and utilized as valuable materials in various industries instead of being wastes that if there is not an appropriate planning to control them, they can have irreparable effects on the environment. Valuable materials such as bagasse, molasses, filter mould, straw, peat and so forth are considered among these waste materials. On the one hand, waste products create environmental pollution and, on the other hand, as they are renewable, abundant and easy to use, they can be used as an appropriate raw material to produce “bio-ethanol”, which is a kind of clean and environment-friendly fuel and is produced from agricultural crop wastes such as sugarcane, wheat, corn and sugar beet, due to being. If the appropriate recycling planning is adopted in addition to preserving the environment and generating additional income for cane factories, raw materials for many affiliated industries will be supplied, and these industries will flourish. Identification of the waste material applications as valuable raw materials in affiliated industries as well as the existence of a professional management system to provide operating instructions and technical solutions for the environment and economy of the Khuzestan province- considering that only Khuzestan province is the cultivation site of sugarcane in Iran- and whole Iran. The applications of sugarcane refineries’ wastes are found in producing the products such as animal feed, paper, Neopan and industrial boards of MDF, furfural, ethanol, yeast, etc. As it is obvious, one of the most important objectives of this study is to reduce, control and manage the sugarcane agro-industry development wastes optimally in line with the green economy, to create the interaction and link between industry and the environment and to reduce the negative effects of industrial activities in the environment. In current research, after introducing the sugarcane industry and its waste application for the production of lateral products, we economically evaluate products made from sugarcane residues. Haft-Tappeh sugarcane development is one of the major producers of sugar in the country. Excel software was used in this research to economically estimate the initiative. As well as, we estimate the total value of wastes, the income of product, and the revenue generated by the sale of wastes and the cost of the by-products.