Search Results for 'ethanol'

Tate & Lyle doesn’t see US ethanol market improving any time soon

Tate & Lyle doesn’t see US ethanol market improving any time soon

February 11, 2016 |

In the UK, Tate & Lyle have put the blame on weakness in the US ethanol market for its poor showing during the past quarter, saying that commodities have and will continue to weigh on the company’s performance. The company’s CEO doesn’t see the market outlook improving any time soon because the installed production capacity […]

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Digest Bioeconomy Index sheds 3.17 percent to 44.94 as ethanol equities are hit hard

Digest Bioeconomy Index sheds 3.17 percent to 44.94 as ethanol equities are hit hard

February 11, 2016 |

The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, shed 3.17 percent to 44.94 as ethanol equities were hit hard amidst broad market gloom. For the day, Green Plains (GPRE) fell 13.66 percent to $12.96, while Aemetis (AMTX) dumped 10.29 percent to $1.57. Among other equities, The Andersons (ANDE) plunged 10.88 percent […]

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RFA says 836 million gallons of ethanol worth $1.8 billion exported in 2015

RFA says 836 million gallons of ethanol worth $1.8 billion exported in 2015

February 9, 2016 |

In Washington, the U.S. ethanol industry exported 836 million gallons of ethanol worth $1.8 billion in 2015, according to a new summary of ethanol trade statistics released today by the Renewable Fuels Association (RFA). The final tally for 2015 was identical to the 2014 export total. The RFA publication, which draws data from several U.S. […]

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European T2 ethanol prices down 10% since start of the year

European T2 ethanol prices down 10% since start of the year

February 9, 2016 |

In the Netherlands, prices for T2 ethanol have fallen nearly 10% since the start of the year as slow, seasonal demand keeps buyers from the market. Last Friday, prices fell to their lowest since June, 2015 but even so, prices were still $90 per cubic meter higher than in early February, 2015. Though the European […]

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DuPont seeks to intervene in ethanol industry suit against EPA for RFS cuts

DuPont seeks to intervene in ethanol industry suit against EPA for RFS cuts

February 9, 2016 |

In Washington, DuPont has filed a motion to intervene in the case brought against the Environmental Protection Agency by American Coalition for Ethanol, Americans for Clean Energy, Biotechnology Innovation Organization, Growth Energy, National Corn Growers Association, National Sorghum Producers and the Renewable Fuels Association in the DC Circuit Court of Appeals saying that the lower […]

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Grand jury indicts two Iowa ethanol businessmen for employment tax violations

Grand jury indicts two Iowa ethanol businessmen for employment tax violations

February 9, 2016 |

In Iowa, a grand jury sitting in Cedar Rapids, Iowa, returned an indictment on January 21, 2016 charging two Iowa businessmen with federal employment tax violations, announced U.S. Attorney Kevin W. Techau for the Northern District of Iowa and Acting Assistant Attorney General Caroline D. Ciraolo of the Justice Department’s Tax Division. Randy Less, a […]

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Digest Bioeconomy Index slides 1.24 percent to 46.82 as ethanol slumps

Digest Bioeconomy Index slides 1.24 percent to 46.82 as ethanol slumps

February 9, 2016 |

The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, slid 1.24 percent to 46.82 as ethanol slumped.  For the day, BioAmber (BIOA) fell 7.84 percent to $2.94, while Pacific Ethanol (PEIX) shed 6.25 percent yo $3.15. Among other equities, Global Bioenergies (ALGBE.PA) lost 4.85 percent to $20.61. Overall, declines led advances by […]

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Ethanol prices jump on hopes of exports to Brazil

Ethanol prices jump on hopes of exports to Brazil

February 8, 2016 |

In Illinois, hopes for exporting ethanol to Brazil during the inter-harvest season and drawing down on near-record stocks has helped to boost ethanol futures to December highs. Ethanol prices in Brazil are near 2011 highs with arbitrage opportunities opening up between the US and the country’s northeast region and just five cents away from entering […]

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Argentina boosts ethanol mandate to 12%

Argentina boosts ethanol mandate to 12%

February 8, 2016 |

In Argentina, the country has approved a shift to 12% ethanol blending from the current 10%, with the additional 20% in demand—about 160,000 cubic meters—to be serviced entirely by sugarcane-based ethanol in an effort to help the industry recover from low sugar prices. Currently sugarcane ethanol represents about 41% of the country’s total ethanol production, […]

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Digest Bioeconomy Index drops 2.59 percent to 47.41 as advanced bio and ethanol retreat anew

Digest Bioeconomy Index drops 2.59 percent to 47.41 as advanced bio and ethanol retreat anew

February 8, 2016 |

The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, dropped 2.59 percent to 47.41as advanced bio and ethanol retreated again.  For the day, BioAmber (BIOA) fell 14.48 percent to $3.19, while Gevo (GEVO) shed 11.51 percent to $0.36. Among other equities, Abengoa (ABGB) dropped 7.47 percent to $0.92. Overall, declines led advances […]

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