Tag: ethanol

Can corn compete in Brazil with cane? Ethanol Baron’s Summit Group to develop $140M corn ethanol project in Mato Grosso

In Iowa, after tipping earlier in the year that there were substantial opportunities in Brazil and Argentina for corn ethanol expansion, “Ethanol Baron” Bruce Rastetter and his Summit Group have announced a $140 million corn ethanol project for Lucas do Rio Verde in Mato Grosso state. Summit Group will finance the project through its US […]

September 1, 2014 More

Strong ethanol margins bring South Dakota’s Red River Energy plant back online

In South Dakota, the 25 million gallon Red River Energy ethanol plant in Rosholt is re-opening after an idle period that stretches back to early 2013, according to press reports. In an interview with the Watertown (SD) Public Opinion,  general manager Rick Serie said “The margins are good in ethanol, corn is abundant at this […]

September 1, 2014 More

Ethanol production drops again, stocks at 14-week low

In the US, ethanol production for the week before last averaged 913,000 barrels per day, or 38.35 million gallons daily, which is down 24,000 barrels per day from the week before. Stocks of ethanol stood at 17.3 million barrels. That is a 5.1% decrease from last week and a 14-week low. Gasoline demand for the […]

September 1, 2014 More

As huge corn crop looms, corn futures hit new contract lows

In the US, nearby corn futures have seen new contract lows, with low prices benefitting end-users like ethanol producers, causing unusually high margins. With the big crop looming, new crop carry-out is expected to increase but low prices will encourage future demand in 2015. Despite the lows, various private analysts have released final yield estimates […]

August 28, 2014 More

Lobbyists permitted for nomination to Renewable Energy Trade Administration advisory committee

In the US, the Department of Commerce’s International Trade Administration will allow federally-registered lobbyists to be nominated for its renewable energy and energy efficiency advisory committee, which the group is reestablishing. Members will serve a two-year term to advise the secretary on the development and administration of programs and policies to expand the competitiveness of […]

August 28, 2014 More

India launches first ethanol-run public bus in Nagpur

In India, “The Green Bus project” is launching in Nagpur as the country launched its first ethanol-run, environment-friendly public bus last week. Carbon dioxide emissions from the bus will be as low as 15% to 90%; the Union government, Maharashtra state government and Nagpur Municipal Corporation will monitor the emissions of the new bus. The […]

August 25, 2014 More

Ethanol production up, gasoline demand hits 10-week low

In the US, ethanol production averaged 937,000 barrels per day for the week before last, or 39.35 million gallons daily, up 6,000 b/d from the week before. Gasoline demand for the week averaged 368.6 million gallons daily, a 10-week low. Expressed as a percentage of daily gasoline demand, daily ethanol production was 10.68%. On the […]

August 24, 2014 More

Sekawan Intipratama to invest $239 million in coal-based ethanol plant

In Indonesia, Sekawan Intipratama plans to invest $239 million in an ethanol plant in East Kalimantan next year. Swiss-based ProCone will be the technology provider for the 60,000 metric ton per year facility. The project will use coal as feedstock and is expected to come online in December 2016.  

August 22, 2014 More

At least three sugarcane ethanol projects planned for South Africa

In South Africa, at least three project developers are looking to set up sugarcane-based ethanol around KwaZulu Natal. An unnamed investor will reportedly American and Brazilian interests is looking at 30,000ha of irrigated sugar cane around Makhatini, Ubuhle Renewable Energy is looking to develop a 50 million liter per year facility in Siqakatha, while Silvapen […]

August 22, 2014 More

Butamax officially completes phase 1 of installation at Highwater Ethanol

In Minnesota, Butamax Advanced Biofuels announced the official completion of Phase 1 of a Butamax technology installation at Highwater Ethanol, including the installation of a novel corn oil separation technology. Butamax and Highwater Ethanol are happy to announce that the construction is complete and the facility is now in full operation. On October 2nd last […]

August 21, 2014 More