Search Results for 'ethanol'

BNDES to provide up to $552 million to mills for offsetting ethanol storage costs

BNDES to provide up to $552 million to mills for offsetting ethanol storage costs

September 1, 2015 |

In Brazil, the national development bank, BNDES, has approved up to $552 million in loans to help ethanol producers store the fuel until prices are higher during the intercrop season. The funds could help to store up to 1.4 billion liters of ethanol, roughly 5% of the expected production from the current harvest. Last year’s […]

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Indian Oil to invest $2.4 billion in 1 million ton Celanese coke-to-ethanol facility

Indian Oil to invest $2.4 billion in 1 million ton Celanese coke-to-ethanol facility

August 31, 2015 |

In India, the country’s biggest oil refiner Indian Oil plans to invest $2.4 billion in ramping up its ethanol production program. The company is looking to team with Celanese to build a 1 million metric ton per year of synthetic ethanol production capacity in the eastern town of Paradip. Petroleum coke will be the feedstock […]

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Minnesota ethanol plant gets $750,000 state grant for facility upgrades

Minnesota ethanol plant gets $750,000 state grant for facility upgrades

August 31, 2015 |

In Minnesota, the DENCO II ethanol plant has received a $750,000 grant from the state’s Department of Employment and Economic Development to buy a fifth fermentation tank, an additional hammer mill, and an addition to the plant’s cooling tower to improve the facility’s production efficiency. The overall investment is estimated at around $1.5 million. As […]

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Indian ethanol tender seeks 16% more ethanol than industry can produce

Indian ethanol tender seeks 16% more ethanol than industry can produce

August 31, 2015 |

In India, the tender launched last week to secure enough ethanol supplies to fulfill a 10% ethanol blend only from indigenous sources is yet again set to fail even before it begins due to the fact that the 2.6 billion liters sought is about 16% higher than the entire production capacity from the country’s sugarcane […]

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ACE honors ethanol contributors with 2015 awards

ACE honors ethanol contributors with 2015 awards

August 30, 2015 |

In South Dakota, Nebraska Ethanol Board Administrator Todd Sneller, Husker Ag, Little Sioux Corn Processors CEO Steve Roe, America’s Renewable Future, Kum & Go, and Tom RIter of WNAX Radio were the winners as the American Coalition for Ethanol (ACE) honored a select group of individuals and companies for their substantial efforts to advance the […]

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Colombian ethanol sales rebound in July to January 2014 levels

Colombian ethanol sales rebound in July to January 2014 levels

August 27, 2015 |

In Colombia, ethanol sales in July rebounded to levels not seen since January 2014 at 40.7 million liters, up 9% on the year and up 18% from June. Ethanol sales through July are up 8% on the year at 255 million liters. The domestic ethanol blend is current at 8%. Production though July is also […]

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Ethanol production falls to lowest since May 8

Ethanol production falls to lowest since May 8

August 27, 2015 |

In the Midwest, the Energy Information Agency says ethanol production slipped to its lowest level last week since May 8 at 954,000 barrels per day on average. Despite the fall in production, stocks were higher around the country except for the major production center in the Midwest and Gulf Coast stocks where more exports originate […]

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Patriot Capital teams with Protec Fuel to offer 0% financing on higher level ethanol pumps

Patriot Capital teams with Protec Fuel to offer 0% financing on higher level ethanol pumps

August 27, 2015 |

In Georgia, Fuel marketers seeking a competitive edge by offering alternative fuel options, can now quickly and affordably add ethanol-enhanced fuels to their dispensing lineup. Through an expansion of an existing partnership, Patriot Capital Corporation, a leader in innovative equipment financing solutions, is offering a zero-percent financing program to dealers who enlist Protec Fuel to […]

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Wyoming Ethanol shutting down plant in Torrington after 20 years

Wyoming Ethanol shutting down plant in Torrington after 20 years

August 26, 2015 |

In Wyoming, Wyoming Ethanol is closing its facility in Torrington after 20 years due to the toxic mix of low oil prices and corn prices that make processing the fuel too expensive with almost no chance of profits. The city provides the plant electricity, so without the demand the city may have to raise rates […]

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Hillary Clinton out and proud about her support of RFS and ethanol overall

Hillary Clinton out and proud about her support of RFS and ethanol overall

August 26, 2015 |

In Iowa, Hillary Clinton has come out strongly in favor of ethanol as part of her rural development policy platform. She would seek to strengthen the RFS, to boost use of higher blends such as E15 and E85 as well as promote the development of advanced biofuels. From tax breaks to grants to supporting young […]

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