Tag: ethanol

South Korean ethanol imports fall 41% from June to July

South Korean ethanol imports fall 41% from June to July

August 14, 2018 |

In South Korea, Platts reports that July ethanol imports fell more than 41% from June at 22,668 metric tons. Nearly 70% of the 10,335 tons of undenatured ethanol imported in July came from Pakistan, followed by Brazil, pushing out Australia who has been the top origin so far this year. Nearly all of the denatured […]

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Scania closes up ethanol bus service in India

Scania closes up ethanol bus service in India

August 14, 2018 |

In India, Scania notified the Nagpur Municipal Corporation that it would no longer be operating its green ethanol bus fleet as of August 13 after first indicating in June that the project would come to an end. The company began winding up operations for its alternative buses earlier this year, with its Karnataka bus manufacturing […]

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First cargo of 290 million liters of ethanol booked into the US set to land next week

First cargo of 290 million liters of ethanol booked into the US set to land next week

August 13, 2018 |

In California, Platts reports that the first import of ethanol in the US is set to arrive on August 20 into the Port of San Francisco, carrying 40 million liters of ethanol from the Port of Santos, Brazil at $540/cu m FOB Santos but it’s far from the last. Another 250 million liters of ethanol […]

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Indian standalone ethanol distilleries seen coming online in October

Indian standalone ethanol distilleries seen coming online in October

August 13, 2018 |

In India, the sugar millers association expects much of the newly installed 250 million liters of ethanol production capacity at standalone distilleries to come online in October, well ahead of when sugar mills typically start producing ethanol two or three months after the crush begins in October. The additional production capacity will use sugarcane as […]

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Ethanol production almost breaks industry record

Ethanol production almost breaks industry record

August 11, 2018 |

In Washington, D.C., ethanol production rebounded to an average of 1.100 million barrels per day (b/d)—or 46.20 million gallons daily, ballooning 35,000 b/d from the week before, according to government data released and analyzed by the Renewable Fuels Association. This marks the second-highest weekly volume produced by the industry, coming in at just 8,000 b/d […]

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Brazil ethanol production continued to rise during H2 July

Brazil ethanol production continued to rise during H2 July

August 9, 2018 |

In Brazil, Reuters reports that UNICA data shows ethanol production reached 2.6 billion liters during the second half of July compared to 2.39 billion liters during the first half of the month. In line with increased production, mills also sold 35% more ethanol during H2 July than during the same period last year at 1.5 […]

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Indonesian ethanol producer floats IPO to fund second plant

Indonesian ethanol producer floats IPO to fund second plant

August 9, 2018 |

In Indonesia, Madusari Murni Indah plans to float 20% of its share capital in an IPO on the Indonesian Stock Exchange in search for $19 million in fresh capital that will let it finance a second, 70 million liter ethanol facility in Lampung (South Sumatra) as well as some additional ethanol storage in Lawang (East […]

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Philippine ethanol prices seen rising higher through Q4

Philippine ethanol prices seen rising higher through Q4

August 9, 2018 |

In the Philippines, Platts reports that on the back of higher prices for molasses in a tight sugarcane market, domestic prices for ethanol rose to a 19-month high in June at ($1,162/cu m) compared to imported ethanol at $465.09/cu m for CIF Philippines. Molasses is currently at a 10-month high. Prices are seen moving higher […]

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Major Brazilian banks sees mills and distilleries unlikely to increase investments

Major Brazilian banks sees mills and distilleries unlikely to increase investments

August 6, 2018 |

In Brazil, Reuters reports that in contrast with other agricultural sectors, banking giant Itaú BBA doesn’t expect sugar mills and ethanol distilleries to take on more financing. Mills were able to pay down some debt in the last season that ended in March but with concerns about lower production due to aging cane fields and […]

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June Brazilian ethanol imports soar 93% on year

June Brazilian ethanol imports soar 93% on year

August 6, 2018 |

In Brazil, Platts reports that data from the Secretariat of Foreign Trade shows June ethanol imports soared 93% on the year to 142.4 million liters with nearly all of it going to the North-Northeast region and 96.4 million liters into Maranhao State. Nearly all of the imports were sourced from the US. Even though June […]

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