Category: Producer News

Philippine ethanol producers seek molasses imports to battle rising feedstock costs

Philippine ethanol producers seek molasses imports to battle rising feedstock costs

April 17, 2019 |

In the Philippines, the Sun Star newspaper reports that ethanol producers are seeking permission to import molasses for feedstock due to the high prices of domestic molasses supplies. El Niño is expected to boost sugarcane yields for the next crop but this season was poor, leaving less molasses availability that has pushed up prices beyond […]

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Brazilian biodiesel auction sources of 928.51 million liters at 58 cents/liter average

Brazilian biodiesel auction sources of 928.51 million liters at 58 cents/liter average

April 17, 2019 |

In Brazil, Renewables Now reports that the most recent ANP biodiesel auction saw a total of 928.51 million liters of biodiesel contracted at an average of 58 cents per liter for a total of $545 million. Nearly 40 producers offered more than 1 billion liters of biodiesel at the auction that will supply the B10 […]

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Brazilian hydrous ethanol prices hit record high as rains hamper cane crush

Brazilian hydrous ethanol prices hit record high as rains hamper cane crush

April 16, 2019 |

In Brazil, Platts reports that rains in the main center-south sugarcane growing areas have created a tight supply situation for ethanol, pushing hydrous ethanol prices 18% higher during the first 11 days in April to $604.21 per cubic meter, a record high. One trader told Platts that he couldn’t source either hydrous or anhydrous for […]

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Fortum invests in Infinited Fiber Company to manufacture cotton-like fibers from cellulosic materials

Fortum invests in Infinited Fiber Company to manufacture cotton-like fibers from cellulosic materials

April 16, 2019 |

In Finland, Fortum has complemented its biorefining value chain by investing in the Finnish start-up Infinited Fiber Company Ltd. (IFC). The company develops and will license technology that is used to manufacture cotton-like fiber for the textile industry from recycled fiber and cellulose. After the investment Fortum has approximately four per cent ownership of the company. One of Fortum’s four strategic priorities is to build options for significant new businesses. Bioeconomy is a natural option due to its synergies with the company’s current business and the mission to improve resource […]

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Neutral Fuels one of 7 to win a spot in Mohammed bin Rashid Innovation Fund Accelerator

Neutral Fuels one of 7 to win a spot in Mohammed bin Rashid Innovation Fund Accelerator

April 16, 2019 |

In the UAE, Neutral Fuels, the Dubai-based company that converts locally sourced waste into locally consumed biofuel, has won a place on the Mohammed bin Rashid Innovation Fund Accelerator (MBRIFA). The program was established under the UAE Ministry of Finance to accelerate the expansion of pioneering, innovative businesses. The company was one of just seven […]

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Red Trail Energy moving ahead with CCS project after 3D geological survey

Red Trail Energy moving ahead with CCS project after 3D geological survey

April 16, 2019 |

In North Dakota, following a geological survey of the eight miles surrounding the facility, Red Trail Energy has decided to move forward with its carbon capture plans. The move is meant to reduce the carbon footprint of the ethanol produced at the facility so it may be able to supply more lucrative ethanol markets like […]

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China says it is reviewing the need for anti-dumping measures on US-origin DDGS imports

China says it is reviewing the need for anti-dumping measures on US-origin DDGS imports

April 16, 2019 |

In China, Reuters reports that the government has started to review its tariff policy on US-origin DDGS as requested by the US Grains Council and others. Tariffs were first set in 2016 at 33.8% but were later raised to as high as 53.7% in addition to up to 12% anti-subsidy tariffs but the commerce ministry […]

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South Korea and Japan looking to switch to Brazilian ethanol but crush getting in the way

South Korea and Japan looking to switch to Brazilian ethanol but crush getting in the way

April 16, 2019 |

In Brazil, Platts reports that South Korea and Japan are looking to switch imports to B-grade ethanol from Brazil now that the crushing season has kicked off and should help to push prices lower. Typically, early in the year the two countries buy ethanol from Pakistan whose availability winds down around the time that Brazilian […]

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Spero Renewables signs $1.6 million deal with DOE to scale up SPERLU™ technology

Spero Renewables signs $1.6 million deal with DOE to scale up SPERLU™ technology

April 15, 2019 |

In California, Spero Renewables, announced a $1.6 million cooperative agreement with the Office of Energy Efficiency and Renewable energy division of the Department of Energy (DOE) to develop and scale-up production of the company’s SPERLU™ technology. Spero’s proprietary SPERLU™ technology produces polymers from plant-based sources, like wood pulp. The resulting polymers are renewable, much more […]

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WPP Energy enters into deal to buy 90% of BioPower

WPP Energy enters into deal to buy 90% of BioPower

April 15, 2019 |

In Switzerland, WPP Energy announced that its Board of Directors has approved, and that the Company has entered into a Binding Memorandum Of Understanding with BioPower Operations Corporation, a Nevada corporation, to acquire a 90% interest in the BioPower, OTCMKTS Symbol “BOPO”. Pursuant to the MOU the parties agreed to negotiate and enter into a […]

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