Search Results for 'ethanol'
Tweet In South Africa, South African-Brazilian company Silvapen Group plans to invest in a $119 million sugar-to-ethanol plant that will use 15,000ha of sugarcane as feedstock. The facility is planned to produce 1.5 million cubic liters of ethanol in addition to 94MW of electricity, of which 84MW will be exported to the grid. Experts expect […]
Tweet In Tennessee, Vertimass LLC, a California-based start-up company, has licensed an Oak Ridge National Laboratory technology that directly converts ethanol into a hydrocarbon blend-stock for use in transportation fuels. The ORNL technology offers a new pathway to biomass-derived renewable fuels that can lower greenhouse gas emissions and decrease U.S. reliance on foreign sources of oil.
Tweet In Illinois, sluggish return times for rail cars mean that ethanol prices in Chicago, traded as Chicago R11, are up $1.07 per gallon in the past month at $3.16. Little ethanol is available for prompt delivery, boosting spot prices. It’s the highest price Platts has assessed since it began doing so on Sept. 1, […]
Tweet In Zimbabwe, a group of local investors is looking to set up the country’s third ethanol plant, a move they say would create demand for 2,000 farmers and 5,000 direct jobs. The facility was originally planned for Masvingo before Green Fuel built its plant in Chisumbanje but now Zimbabwe Bio-Energy is looking at Nuanetsi […]
Tweet In the Philippines, Universal Robina plans to open its new $35 million, 30 million liter per year ethanol plant in May, rather than March as originally planned. The facility will use molasses as feedstock and be located in Manjuyod in Negros Oriental province. Once online, total ethanol production nationally will reach 133 million liters […]
Tweet In Nigeria, local investors are keen to develop two separate ethanol projects in the country. One would produce ethanol from cassava in in the Ikpoba Okha area of Edo state that could potentially be online by 2016. The other project, also in Edo state, would use sugarcane as feedstock.
Tweet The Biofuels Digest Index, an index of publicly traded biofuels stocks, rallied 1.71 percent to 82.73 — a 30 month high — as ethanol equities climbed anew. For the day, Amyris (AMRS) rose 5.19 percent to $5.05, while Aemetis (AMTX) was up 5.88 percent to $0.36. Among other equities, Ceres (CERE) dropped 5.19 percent […]
Tweet In Texas, 3.56 million gallons of ethanol was loaded onto the tanker Nordisle in Houston last week with the aim of delivering the contents to three Brazilian ports. The fuel belongs to Louis Dreyfus-owned Biosev, Total’s Brazilian biofuels arm and Grupo Una. Brazilian ethanol demand was up 15% last year, forcing mills to re-fill […]
Tweet In Australia, Korean investors plan to invest $90 million in a grain-based ethanol plant that would produce 110 million liters annually. The facility is likely to be located near Deniliquin with the fuel being supplied to Korea under the recently signed free trade agreement between the two countries. Construction on the facility could start […]
Tweet In Jamaica, ethanol traders contemplated offering European ethanol from Rotterdam at the PetroJam’s 10,000 cu2 buying tender that closed last week, but the lack of available freight from Northwest Europe into the Caribbean got in the way. The ethanol would have had to arrive between March 14-18 but freight could only be secured in […]