In Australia, nearly 30 Chinese and Filipino workers are reportedly working at the Manildra Ethanol Plant for under $4 per hour and under unhealthy conditions. All of them are allegedly living together in a five-bedroom, one bathroom house. The workers are apparently run by a Chinese company that provides their services to the ethanol plant.
Search Results for 'ethanol'
In Minnesota, using one of the largest supercomputers in the world, a team of researchers led by the University of Minnesota has identified potential materials that could improve the production of ethanol and petroleum products. The discovery could lead to major efficiencies and cost savings in these industries. The University of Minnesota has two patents […]
In the US, ethanol production averaged 979,000 barrels per day for the week before last, up by 1000 b/d from the week before. The four-week average for ethanol production stood at 970,000 b/d for an annualized rate of 14.87 billion gallons. Gasoline demand for the week averaged 371.7 million gallons daily, little changed from last […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, was flat at 59.80 despite an ethanol share rally. For the day, Solazyme blossomed, up 9,48 percent to $2.31, while Abengoa (ABGB) tumbled 8.13 percent to $14.91. Among other equities, Green Plains (GPRE) rebounded 4.31 percent to $23.24. Overall, declines led advances 19 to […]
In Brazil, the government is set to approve an increase to the ethanol blend during the first week of February above the current 27.5%. The exact level of the blend hasn’t been announced yet because tests on compatibility with the national fleet are still ongoing.
The Biofuels Digest Index, an index of publicly traded biofuels stocks, gained 1.41 percent to 59.87 as ethanol shares rallied. For the day, Ceres (CERE) jumped 11.43 percent to $0.23, while Pacific Ethanol rebounded 9.20 percent to $8.90. Among other equities, Amyris (AMRS) bounced up 9.36 percent to $1.87. Overall, advances led declines 11 to […]
In Ethiopia, the country can’t reach its E20 goals as planned for this year due to the lack of ethanol supplies following delays in upgrading sugar mills. As a result, the E10 policy will remain in place for now. The Ethiopian Sugar Corp. has 4 million liters of stock on hand, enough for almost four […]
In Brazil, the government has announced it will raise one tax on gasoline and diesel on Feb. 1 and another tax 90 days later, a move which is expected to make both fuels more expensive at the pump and as a result drive demand for ethanol. The hope is that the move will encourage mills […]
In India, the food department has called for a meeting at the end of January to determine how many mills are producing how much ethanol. With sugar production continuing to grow, the ministry wants more mills to produce ethanol. Oil marketing companies only received offers for about half of the ethanol they tendered for recently […]
In the Midwest, Platts is reporting that average ethanol crushing margins have fallen to their lowest in two years at 30.84 cents/gal, down nearly 24% on the week. The Platts Chicago Argo ethanol assessment, which the company uses to calculate the crush margin, was down nearly 9% on the week to the lowest since June […]