Category: Producer News

Good soybean supply – rapeseed slightly scarcer

Good soybean supply – rapeseed slightly scarcer

November 18, 2018 |

In Germany, UFOP reports that the stock-to-use ratios for soybean and sunflower seed have improved due to larger crops globally; rapeseed has gone down slightly. The stock-to-use ratio for rapeseed and sunflower seed has been in decline for years now. The picture is somewhat different for soybeans. Bumper crops are causing supply and stocks to […]

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Ethanol production at highest average in 8 weeks

Ethanol production at highest average in 8 weeks

November 18, 2018 |

In Washington, D.C., ethanol production averaged 1.067 million barrels per day (b/d)—or 44.81 million gallons daily, down 2,000 b/d from the week before, according to government data released and analyzed by the Renewable Fuels Association. However, the four-week average for ethanol production increased to 1.055 million b/d—the highest average in 8 weeks—for an annualized rate […]

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Green Plains sheds three plants, shutters another and offloads storage and rail assets

Green Plains sheds three plants, shutters another and offloads storage and rail assets

November 15, 2018 |

In Nebraska, Green Plains Inc. announced that it completed the previously announced sale of its three ethanol plants to Valero Renewable Fuels Company LLC for $319 million in cash, including net working capital and other adjustments. The transaction includes ethanol plants located in Bluffton, Ind., Lakota, Iowa, and Riga, Mich. which represented approximately 20% of […]

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Ethanol prices ease away from 13-year lows as plants shutter production

Ethanol prices ease away from 13-year lows as plants shutter production

November 15, 2018 |

In Illinois, Platts reports that expectations that production will ease on the back of low prices had an immediate impact on Argo ethanol prices, lifting them from 13-year lows to $1.2405/gal on Wednesday from $1.2175/gal on Tuesday. There is little fundamental support to be found in the market with the seasonal low demand period approaching […]

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Indian sugar industry seeking license waiver to ramp up ethanol production quicker

Indian sugar industry seeking license waiver to ramp up ethanol production quicker

November 15, 2018 |

In India, the Financial Express newspaper reports that the domestic sugar industry is pleading with the central government to have regulations established by the National Green Tribunal requiring certain licenses for ethanol producers be eased in order to facilitate to a quick ramp up in production. The national government is pushing for sugar mills to […]

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Indonesian biodiesel industry calling for B30

Indonesian biodiesel industry calling for B30

November 15, 2018 |

In Indonesia, while the government has paved the way for an increase in biodiesel blending to 20% in order to combat oversupply of palm oil as well as reduce imports of fossil fuels, the Jakarta Post reports that biodiesel producers are calling on the government to boost the blending rate even further to 30%. Under […]

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UK company wins grant to develop aviation biofuel from waste

UK company wins grant to develop aviation biofuel from waste

November 15, 2018 |

In the UK, Renovare Fuels has been awarded support by Innovate UK for aviation fuel testing through the Sustainable Aviation for Clean Growth program. The company has developed a technology that converts waste into a biofuel that could replace traditional fossil fuels. Fuel standards outlined by the British Ministry of Defense state that turbine-engine airplanes […]

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NREL researchers making carbon fiber from biomass a reality

NREL researchers making carbon fiber from biomass a reality

November 15, 2018 |

In Colorado, taking a page from history, National Renewable Energy Laboratory researchers successfully produced 50 grams of bio-derived acrylonitrile (CAN). That capped the first phase of a DOE-funded program. The second phase, now underway, calls for the production of 50 kilograms of ACN that will be converted into carbon fiber and tested. The nitrilation process, […]

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Bangchak to boost biofuel production to 2.2 million liters per day by 2022

Bangchak to boost biofuel production to 2.2 million liters per day by 2022

November 14, 2018 |

In Thailand, the Bangkok Post reports that as part of its push to invest in the bioeconomy, Bangchak will invest in expansion of its biodiesel and ethanol production to 2.2 million liters per day by 2022 compared to 1.83 million liters per day currently. The company said it expects the bio-based business to comprise 40% […]

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South Korean ethanol imports jump 63% in October

South Korean ethanol imports jump 63% in October

November 14, 2018 |

In South Korea, Platts reports that ethanol imports rose a whopping 63% in October compared to the month prior at 111,418 metric tons. Brazil supplied the majority of undenatured ethanol, followed by Pakistan, with total imports of 16,413 tons, nearly 159% higher than in September. Pakistan is typically the origin of choice of in South […]

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