Molasses, now that might be do-able. We've been making sorghum syrup a couple yrs, but my mind was stuck on glue. There is always a bucket of skimmings left over from the process. With a compaction auger and the right size holes in the end plate, it might make pellets. Tried it w/a meat grinder and nothing sticky, but the holes were too small, and it just didn't work.
We can get all the sawdust we want from a friend w/a bandmill. Might have to try a sausage press for extrusions. The sugar in the syrup ought to keep a fire hot, too.
I coulda tripped over both items and not put them together.
Thanks for the idea.