In the Philippines, the USDA estimates the island archipelago will need to import 200 million liters of ethanol to compliment the 100 million liters of local production in order to reach this year’s blending mandate. Without significant increases in investment, by 2020 when the E20 policy comes into place, the country will need to import […]
Search Results for 'ethanol'
In Egypt, India’s Sanmar group plans to invest $150 million in a 60,000 metric ton per year green ethylene facility that will use ethanol as feedstock. It is part of phase two investments at its chemicals complex in Port Said.
In Washington, the Energy Information Agency has adjusted its estimates of the energy content of retail motor gasoline in the Monthly Energy Review (MER) to reflect its changing composition. Ethanol and other oxygenates, which have lower energy content than petroleum-based gasoline components, have seen their share of total gasoline volumes increase from 2% in 1993 […]
In Nebraska, Green Plains produced a record volume of ethanol during the third quarter at 246.9 million gallons, which led to a four-fold increase in net income of $41.7 million. The company expects strong crush margins as well as strong demand for ethanol globally to keep the company sailing through the second half of the […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, was flat at 69.17 despite an ethanol gain. For the day, Biox (BX.T) jumped 8.33 percent to $0.65, while Pacific Ethanol (PEIX) jumped 5.10 percent to $12.78. Among other equities, Green Plains (GPRE) surged 7.08 percent to $34.49. Overall, advances and declines 4were even […]
With the Abengoa and POET-DSM openings behind us, time to look ahead to the next one: DuPont’s 30 million gallon plant in Nevada, Iowa. We had been expecting mechanical completion by New Year’s — that’s slipped back into Q1, with labor shortages in Iowa dragging out the timeline several weeks. As a result — shortages […]
In Australia, the Queensland parliament’s Development, Infrastructure and Industry Committee has rejected a proposal to mandate ethanol blending because the chairman felt it was too narrow and a dusting off of old legislation proposed in 2009. He said that the entire biofuels industry needs support, not just ethanol, and needs appropriate legislation for this day […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, soared 2.58 percent to 69.06 as ethanol equities rocked. For the day, Pacific Ethanol (PEIX) jumped 7.99 percent to $12.16, while Dyadic (DYAI) soared 8.05 to $1.61. Among other equities, Green Plains (GPRE) surged 4.21 percent to $32.21. Overall, advances led declines 4 to […]
In the US, weekly ethanol production for the week ending 10/17/2014 averaged 37.63 million gallons daily, up 11,,000 b/d from the week before. The four-week average for ethanol production stood at 891,000 b/d for an annualized rate of 13.66 billion gallons. Imports of ethanol again dropped to zero after jumping to 3,000 b/d last week […]
EPA emissions model has fatal flaws for ethanol industry, claim the Urban Air Initiative and Energy Future Coalition
In Washington, the Urban Air Initiative and Energy Future Coalition have jointly sent a letter to EPA Administrator Gina McCarthy claiming that the EPA’s Motor Vehicle Emissions Simulator (MOVES) model for assessing mobile source emissions is seriously flawed, and could effectively block access to the market for higher ethanol blends. The letter requests an immediate […]