With reference to the usefulness of the by-products of Sugar industry, which of the following statement is/are correct?

1. Bagasse can be used as biomass fuel for the generation of energy.

2. Molasses can be used as one of the feedstocks for the production of synthetic chemical fertilizers.

3. Molasses can be used for the production of ethanol.

Select the correct answer using the codes given below :

I.A.S. (Pre) 2013