In Canada, Iogen and Raizen announced they have begun production of cellulosic ethanol on schedule at Raizen’s newly expanded Costa Pinto sugar cane mill in Piracicaba, Sao Paulo, Brazil. Raizen broke ground on the $100 million “biomass-to-ethanol” expansion just over one year ago. The new facility will convert biomass such as sugar cane bagasse and […]
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1 billion liters by 2024, vows Raizen. Record speed on start-up. What’s the story on the ground? The Digest investigates. In Brazil, Iogen and Raízen announced they have begun production of cellulosic ethanol on schedule at Raízen`s newly expanded Costa Pinto sugar cane mill in Piracicaba, São Paulo, Brazil. Raízen broke ground on the $US100 […]
In Indiana, the 100 million gallon ethanol plant in South Bend has come back online following Noble Americas buying the facility in mid-2013 and spending the last year upgrading the facility to come back online. The company has negotiated with the city that the city buy a $2 million corn extraction add-on to the plant […]
In Zimbabwe, a shift in local leadership is opening the way for Green Fuels to develop its second ethanol plant, this time in Mwenezi. The former area leader was blocking the project, but the new leaders want to see the lowveld’s sugarcane plantations expand to help supply fuel towards the country’s blending mandate while also […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, regained 0.63 percent to close at 59.02 as ethanol equities jumped. For the day, Dyadic (DYAI) surged 8.42 percent to $1.03, while Aemetis (AMTX) rebounded 8.37 percent to $5.05. Among other equities, Shell (RDS-A) jumped 3.91 percent to $63.31. Overall, advances led declines 8 […]
In Minnesota, Corn Plus ethanol plant in Winnebago has taken steps to more diligently inspect and maintain equipment that controls air pollutants, under an agreement with the Minnesota Pollution Control Agency (MPCA). The company has also agreed to correct other violations at the plant and pay a $25,141 penalty. State inspections in 2012 and 2014, […]
In India, the Cabinet Cabinet Committee on Economic Affairs has set the price oil marketing companies must pay to sugar mills for ethanol at 77 cents per liter, including taxes and transport, compared to just 46 cents that OMCs have been paying. The move will help support sugar mills to produce more ethanol and even […]
In Australia, despite having a 6% ethanol blend in New South Wales, actual consumption is only about 3.1% because of market exceptions available to oil companies. Ethanol sales only hit 14.6 million liters in November rather than the 28.21 million liters that should have been sold if the mandate had been enforced. The state pledged […]
In Hungary, Pannonia Ethanol is set to invest EUR30 million to expand production capacity at its corn-based plant in Dunaföldvár, partly financed by the Magyar Export Import Bank. Production will reach 450 million liters, up from the current 220 million liters, after the expansion project is completed.
The Biofuels Digest Index, an index of publicly traded biofuels stocks, dumped 3.34 percent to close at 61.28 as ethanol equities tanked. For the day, Pacific Ethanol (PEIX) dropped 8.77 percent to $10.59, while Green Plains (GPRE) fell 9.67 percent to $22.15. Among other equities, Amyris (AMRS) lost 8.68 percent to $2.42. Overall, declines led […]