Tag: ethanol

Tate & Lyle doesn’t see US ethanol market improving any time soon

Tate & Lyle doesn’t see US ethanol market improving any time soon

February 11, 2016 |

In the UK, Tate & Lyle have put the blame on weakness in the US ethanol market for its poor showing during the past quarter, saying that commodities have and will continue to weigh on the company’s performance. The company’s CEO doesn’t see the market outlook improving any time soon because the installed production capacity […]

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Low oil prices weigh on Canadian biofuels demand but producers seek higher blend

Low oil prices weigh on Canadian biofuels demand but producers seek higher blend

February 11, 2016 |

In Canada, low oil prices are hitting demand for ethanol, with the Canadian Renewable Fuels Association only expecting refiners to blend the mandated 5% rather than up to 7.5% as they have done in the past. It expects biodiesel to only be blended at the mandated 2% as well but is lobbying for the mandate […]

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RFA says 836 million gallons of ethanol worth $1.8 billion exported in 2015

RFA says 836 million gallons of ethanol worth $1.8 billion exported in 2015

February 9, 2016 |

In Washington, the U.S. ethanol industry exported 836 million gallons of ethanol worth $1.8 billion in 2015, according to a new summary of ethanol trade statistics released today by the Renewable Fuels Association (RFA). The final tally for 2015 was identical to the 2014 export total. The RFA publication, which draws data from several U.S. […]

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European T2 ethanol prices down 10% since start of the year

European T2 ethanol prices down 10% since start of the year

February 9, 2016 |

In the Netherlands, prices for T2 ethanol have fallen nearly 10% since the start of the year as slow, seasonal demand keeps buyers from the market. Last Friday, prices fell to their lowest since June, 2015 but even so, prices were still $90 per cubic meter higher than in early February, 2015. Though the European […]

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Grand jury indicts two Iowa ethanol businessmen for employment tax violations

Grand jury indicts two Iowa ethanol businessmen for employment tax violations

February 9, 2016 |

In Iowa, a grand jury sitting in Cedar Rapids, Iowa, returned an indictment on January 21, 2016 charging two Iowa businessmen with federal employment tax violations, announced U.S. Attorney Kevin W. Techau for the Northern District of Iowa and Acting Assistant Attorney General Caroline D. Ciraolo of the Justice Department’s Tax Division. Randy Less, a […]

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Belgium approves E8 for Jan. 1, 2017

Belgium approves E8 for Jan. 1, 2017

February 9, 2016 |

In Belgium, the government has approved the increase of ethanol blending to 8% from the current 4.5% with the mandate coming into force on Jan. 1, 2017. The mandate is expected to rise again to 10% by 2020 in compliance with the European Renewable Energy Directive. As the blending is only in the 95 octane […]

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Ethanol prices jump on hopes of exports to Brazil

Ethanol prices jump on hopes of exports to Brazil

February 8, 2016 |

In Illinois, hopes for exporting ethanol to Brazil during the inter-harvest season and drawing down on near-record stocks has helped to boost ethanol futures to December highs. Ethanol prices in Brazil are near 2011 highs with arbitrage opportunities opening up between the US and the country’s northeast region and just five cents away from entering […]

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Argentina boosts ethanol mandate to 12%

Argentina boosts ethanol mandate to 12%

February 8, 2016 |

In Argentina, the country has approved a shift to 12% ethanol blending from the current 10%, with the additional 20% in demand—about 160,000 cubic meters—to be serviced entirely by sugarcane-based ethanol in an effort to help the industry recover from low sugar prices. Currently sugarcane ethanol represents about 41% of the country’s total ethanol production, […]

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US ethanol producers exported 836 million gallons in 2015: report

US ethanol producers exported 836 million gallons in 2015: report

February 7, 2016 |

In Washington, the Renewable Fuels Association is reporting that the U.S. ethanol industry exported 836 million gallons of ethanol worth $1.8 billion in 2015.  The RFA report finds that U.S. ethanol made its way to all six inhabited continents in 2015, reaching more than 75 countries. The top five countries receiving U.S. ethanol last year […]

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American Coalition for Ethanol announces spring 2016 Washington DC fly-in

American Coalition for Ethanol announces spring 2016 Washington DC fly-in

February 7, 2016 |

In South Dakota, the American Coalition for Ethanol has targeted April 13-14 for its annual grassroots lobbying effort in Washington, DC this year. “The most persuasive and effective spokespeople for our industry are real people, whose everyday life experiences and authenticity illustrate how the decisions made in Washington, DC impact their businesses and communities.  Given […]

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