In Thailand, seven ethanol plants have the capacity to use deteriorated rice as feedstock and are likely to be brought into the government’s plan to use up to 1.4 million metric tons for ethanol production. The process should take about four months and will help to offset the lack of available cassava for feedstock. The […]
Search Results for 'ethanol'
In California, Pacific Ethanol announced it completed its merger with Aventine Renewable Energy Holdings, Inc. Per the terms of the definitive merger agreement, Aventine stockholders received 1.25 shares of Pacific Ethanol common stock for each share of Aventine common stock owned at closing. As a result, Pacific Ethanol issued approximately 17.76 million shares in the […]
In California, the Imperial County Board of Supervisors only approved a loan of $750,000 to California Ethanol + Power for its proposed sugarcane and sweet sorghum ethanol plant rather than the $1.5 million loan it had sought.
In Brazil, hydrous ethanol’s fuel price parity with gasoline slipped last week for the 18th consecutive time to the lowest seen since Oct. 2010 with ethanol averaging about 63% of gas in the southeast of the country. Yet even though ethanol prices are slumping, drivers are still filling up with less E100 at the pump, […]
Seen a number of high-profile cellulosic projects open in recent years, and not much ethanol being produced? Wondered why? Here are answers to your questions. As Jack Webb used to say on Dragnet, just the facts, ma’am. Fact one. There’s not much ethanol being produced at the new generation of cellulosic projects. Fact two. We have […]
In the Philippines, the Department of Energy has decided to relax the requirement for 10% ethanol blending in premium 97 octane gasoline in an effort to reduce ethanol import demand following the lack of local production. The circular dated June 9 makes the move temporary until the local supply situation can be resolved.
In California, the Imperial County Board of Supervisors met on Tuesday to discuss a $1.5 million loan application from the Agriculture Benefit Fund for California Ethanol + Power LLC to build its planned sugarcane and sweet sorghum ethanol, power and biogas plant.
In Hawaii, the governor says he’ll veto a bill passed by the state legislature repealing the tax credit on biofuels because it would eventually be found unconstitutional. Another move made to limit ethanol tax breaks had already been found unconstitutional, contravening the U.S. Constitution’s Commerce Clause. The current policy offers up to $4.5 million in […]
In Brazil, Platts reports that about 40,000 cubic meters of ethanol were booked to the US from the port of Santos for shipment in July and August with expectation of prices around $480/cu m FOB. A stronger dollar and stronger ethanol prices in the US made the arbitrage deal viable. A recent rally of D5 […]
In Washington, according to EIA data as analyzed by the Renewable Fuels Association, ethanol production averaged 994,000 barrels per day (b/d)—or 41.75 million gallons daily. That is up 14,000 b/d from the week before and an all-time record high. The four-week average for ethanol production stood at 985,000 b/d for an annualized rate of 15.10 […]