Tweet In South Africa, South African-Brazilian company Silvapen Group plans to invest in a $119 million sugar-to-ethanol plant that will use 15,000ha of sugarcane as feedstock. The facility is planned to produce 1.5 million cubic liters of ethanol in addition to 94MW of electricity, of which 84MW will be exported to the grid. Experts expect […]
Tweet In Texas, 3.56 million gallons of ethanol was loaded onto the tanker Nordisle in Houston last week with the aim of delivering the contents to three Brazilian ports. The fuel belongs to Louis Dreyfus-owned Biosev, Total’s Brazilian biofuels arm and Grupo Una. Brazilian ethanol demand was up 15% last year, forcing mills to re-fill […]
Tweet In Brazil, UNICA saw 13.995 million liters of ethanol produced during the first half of February, typically known as the inter-crop season. Just under 5 million liters was hydrous ethanol was the rest was anhydrous. Total ethanol production since April 1 last year is up 19.55% at 25.52 billion liters.
Tweet In Europe, multi-year low prices for ethanol in Rotterdam has traders looking to export to Brazil, where the inter-crop season typically leads to shortages from January through April. Dry weather may lead to a later-than-usual start to the crush which could extend the demand period for ethanol imports.
Tweet In Brazil, BNDES has approved $618 million in loans to promote innovation in sugarcane-based ethanol in partnership with the state research-financing agency Finep. The 10-year loans will be offered at 4% interest.
Tweet In Brazil, the national petroleum agency ANP says that 549.6 million liters of biodiesel was sold at the most recent auction held on Feb. 13 and 14 of a total of 699 million liters offered for sale. The average price was 80 cents per liter. The first day of the auction was restricted to […]
Tweet In Brazil, POET representatives met with the government of Mato Grosso do Sul last Friday where the company hopes to build a $350 million corn-based ethanol plant. The facility would produce 50 million liters of ethanol per year from 350,000 metric tons of corn.
Tweet In the UK, a new report by Merchant Research & Consulting says world ethanol supply registered a 2.3% YoY decline in 2012, exceeding 69.49 million metric tons, but the situation in the market improved the following year, and the global volume of the ethanol production surpassed the 72.5 million tons mark. In the same […]
Tweet In Brazil, Yamaha will launch in March its XTZ150S Crosser BlueFlex motorcycle that has a flex-fuel engine allowing it to run on all blends of ethanol. The move comes after the successful introduction last year of the smaller YS150 Fazer BlueFlex street motorcycle that apparently has sold very well with 75,000 units having likely […]
Tweet In Brazil, Copersugar is importing 45.7 million liters of ethanol from the US, which is set to land in February. Already Brazil imported another 14.3 million liters that already landed earlier this month. Importing ethanol from the US during the interharvest season from January to April has become more and more common place.