Tag: biodiesel

Argentina’s Q2 biodiesel exports triple on year

Argentina’s Q2 biodiesel exports triple on year

August 31, 2016 |

In Argentina, biodiesel exports during the second quarter tripled compared to the same period last year at 404,215 metric tons. The jump in exports was supported by a 56% increase in production during the period to 704,717 tons with a total of 1.1 million tons produced in 2016 through June, up nearly 42% on the […]

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Biox gets $1.38 million credit facility to help pay for Ontario biodiesel plant

Biox gets $1.38 million credit facility to help pay for Ontario biodiesel plant

August 30, 2016 |

In Canada, Biox Corp. announced that in connection with its acquisition earlier this year of a 50 million liter per year (13.2 MMgy) biodiesel facility in Sombra, Ontario, the company has obtained a CAD$1.8 million (USD$1.38 million) credit facility from Farm Credit Canada. The credit facility is secured by a mortgage on the facility in […]

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Haryana state ditches 5% VAT on biodiesel

Haryana state ditches 5% VAT on biodiesel

August 29, 2016 |

In India, Haryana state’s Chief Minister has waived the 5% VAT on biodiesel in an effort to boost the fuel’s consumption. The announcement was made during a rally where a number of non-biofuel related issues were covered. Haryana is one of the states currently blending ethanol at 10% but is expected to benefit from increased […]

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India’s oil marketing companies give up on jatropha biodiesel definitively

India’s oil marketing companies give up on jatropha biodiesel definitively

August 25, 2016 |

In India, the joint ventures owned partly by three oil marketing companies that sought to produce biodiesel from jatropha have been shut down due to unviability. Many believed that jatropha could be successfully grown in dry wastelands without irrigation. The three companies had planned to grow jatropha on 180,000 hectares across Chhattisgarh, Madhya Pradesh and […]

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Brazilian biodiesel auction sells 674 million liters

Brazilian biodiesel auction sells 674 million liters

August 16, 2016 |

In Brazil, the ANP fuels agency held its 50th biodiesel auction last week where 674 million liters were sold at an average of 75.5 cents per liter, all of which held the social seal guaranteeing sourcing of feedstock from smallholder farmers. A total of 757.18 million liters were offered at auction by 31 producers. On […]

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Thailand exploring boosting biodiesel blend to 5%

Thailand exploring boosting biodiesel blend to 5%

August 16, 2016 |

In Thailand, the government is looking to boost the biodiesel blending mandate to 5% from the current 3% in an effort to support palm oil producers after lobbying by growers, crushers and biodiesel producers. To stave off a potential shortage of cooking oil, the mandate can be dialed back down to 3% if needed. The […]

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Mato Graso biodiesel production up nearly 5% during H1 2016

Mato Graso biodiesel production up nearly 5% during H1 2016

August 15, 2016 |

In Brazil, biodiesel production in Mato Grosso grew 4.94% in the 1st half of this year over the same period of 2015. Against this result, the national biofuel supply fell 3.45%. The state’s production is about 22% of domestic production. From January to June this year, Mato Grosso secured 408,778,000 liters of biodiesel, compared to […]

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Malaysian biodiesel exports continue to rebound in July but still a fraction of 2015

Malaysian biodiesel exports continue to rebound in July but still a fraction of 2015

August 11, 2016 |

In Malaysia, biodiesel exports soared in July to 16,764 metric tons, up 74% over the previous month, and worth $12.13 million. It was the second highest volume to be exported so far this year. Exports this year are very far below last year’s, compared to July 2015 exports of 46,622 tons. That’s close to the […]

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Brazil to expand feedstocks eligible for biodiesel social seal program in 2017

Brazil to expand feedstocks eligible for biodiesel social seal program in 2017

August 11, 2016 |

In Brazil, the Special Secretariat for Family Agriculture and Agrarian Development is seeking to expand the National Program for Biodiesel Production and Use (PNPB) in 2017 to animal byproducts as feedstocks including beef tallow, fish oil and chicken fat beyond the current soybean oil allowing more families to participate in the program. More than 900,000 […]

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India’s biodiesel industry wants VAT exemption to promote blending

India’s biodiesel industry wants VAT exemption to promote blending

August 11, 2016 |

In India, the country’s biodiesel association is requesting the fuel be exempt of Value Added Tax to boost the industry’s viability. It argues that the tax, that can be up to 24% in some states, applied to the 5% portion blended into fossil diesel will kill demand for the blended fuel entirely. The association’s president […]

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