Search Results for 'ethanol'

US Ethanol production hits 14B gallons per year rate as production lifts

US Ethanol production hits 14B gallons per year rate as production lifts

May 23, 2015 |

According to EIA data as analyzed by the Renewable Fuels Association, ethanol production averaged 958,000 barrels per day (b/d)—or 40.24 million gallons daily. That is up 46,000 b/d from the week before. The four-week average for ethanol production stood at 920,000 b/d for an annualized rate of 14.10 billion gallons. Stocks of ethanol stood at […]

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CHS buys Illinois ethanol plant for $196 million

CHS buys Illinois ethanol plant for $196 million

May 21, 2015 |

In Illinois, CHS will pay $196 million for Patriot Holdings that owns an ethanol plant in Annawan. REX American Resources Corp owns 26.6% of Patriot so will earn about $49 million from the sale that is expected to close around June 1.

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Biofuels Digest Index is flat at 68.90 despite an ethanol advance

Biofuels Digest Index is flat at 68.90 despite an ethanol advance

May 21, 2015 |

The Biofuels Digest Index, an index of publicly traded biofuels stocks, was flat at 68.90 despite an ethanol advance. For the day, Aemetis (AMTX) retreated 4.40 percent to $4.35, while  Codexis (CDXS) dropped 3.74 percent to $4.12. Among other equities, OriginClear (OOIL) soared 33.47 percent to $0.06. Overall, advances led declines by a 5 to […]

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Wisconsin ethanol lobby looking for cornfields to host road sign campaign

Wisconsin ethanol lobby looking for cornfields to host road sign campaign

May 20, 2015 |

In Wisconsin, the American Lung Association’s Wisconsin Clean Air Choice program, the Wisconsin Corn Promotion Board and the Wisconsin Corn Growers Association are looking for cornfields along six major roadways to place placards promoting ethanol as part of their new E85 statewide campaign. The campaign is designed to be in the “Burma Shave-style” where several […]

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T2 ethanol prices begin to slip as producers seek to score on high margins

T2 ethanol prices begin to slip as producers seek to score on high margins

May 20, 2015 |

In the Netherlands, bidding for T2 ethanol has softened recently in the face of ever more aggressive offers, with prices falling late last week to EUR514.75/cu m, the lowest since March 27. Ethanol producers are making the most of good margins and have boosted production but that has also increased supply which is now weighing […]

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Queensland ethanol industry fighting agriculture over proposed mandate

Queensland ethanol industry fighting agriculture over proposed mandate

May 19, 2015 |

In Australia, the ethanol industry is fighting against the agriculture industry who claim that an ethanol mandate in Queensland would push up the price of food and fuel. The industry says the claims of food vs fuel are untrue, with other arguments also failing to stand up. Instead it is bullish on the opportunity for […]

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Petrojam Ethanol forced to relocate as petroleum refinery expands

Petrojam Ethanol forced to relocate as petroleum refinery expands

May 18, 2015 |

In Jamaica, Petrojam Ethanol Ltd is being forced to relocate as the Petrojam oil refinery expands, putting the distillery in a tricky position. The energy minister insists the refinery expansion be well on its way by year’s end but PEL doesn’t yet have a game plan, though it would prefer to co-locate at a port […]

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US ethanol demand seen increasing as drivers return to the road

US ethanol demand seen increasing as drivers return to the road

May 18, 2015 |

In Minnesota, financial advisory firm Ascendant Partners expects ethanol demand to rise and slowly boost prices—reversing a slowdown during Q1—as drivers get back on the road and consume more fuel at the pump. Increased demand for ethanol exports are also expected to help support prices and therefore margins for ethanol producers.

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Cargo of 40,000 cu2 ethanol booked from Santos to Tampa

Cargo of 40,000 cu2 ethanol booked from Santos to Tampa

May 18, 2015 |

In Brazil, the ethanol export window to the US remains open for vertically integrated producers with a vessel booked for 40,000 cubic meters to load at the Port of Santos with Tampa as its destination. Bids and offers for Brazil ethanol exports were heard by Platts at $450 and $85 per cubic meter last week.

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Ecuador pegs ethanol prices for E10 blending mandate to Platts US Gulf Coast

Ecuador pegs ethanol prices for E10 blending mandate to Platts US Gulf Coast

May 14, 2015 |

In Ecuador, the country will use the Platts US Gulf Coast ethanol pricing index plus delivery and a K factor of 18 cents per liter as it rolls out an E10 blending policy through 2018. The country is looking for nearly $1 billion to invest in sugarcane ethanol production to supply the mandate. Production to […]

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