Tag: ethanol

Advanced Bioenergy mothballs smaller Aberdeen ethanol plant

Advanced Bioenergy mothballs smaller Aberdeen ethanol plant

May 4, 2016 |

In South Dakota, Advanced Bioenergy has decided to mothball its ethanol plant in Aberdeen, recognized as one of the first plants in the country, because its technology is outdated and therefore not economically viable in the face of thin margins the industry is suffering from. The company’s CEO said they should have shut down the […]

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Manildra under continued fire for lobbying and manipulation to get blending mandate

Manildra under continued fire for lobbying and manipulation to get blending mandate

May 4, 2016 |

In Australia, Manildra is under fire for allegedly inflating numbers related to jobs in the ethanol sector in order to secure legislation requiring smaller fuel retailers to blend ethanol in New South Wales. The company told the better regulation minister that ethanol supported 3,000 direct and 20,000 indirect jobs. Media reports recently demonstrated that the […]

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US ethanol production seen returning to 1 million b/d after maintenance season

US ethanol production seen returning to 1 million b/d after maintenance season

May 4, 2016 |

In the Midwest, ethanol production is expected to ramp back up to 1 million barrels per day after maintenance season finishes despite margins remaining thin. Production passed 1 million barrels per day in January but has wound down to 927,000 b/d in the week ended April 22 while Platts expects production was 935,000 b/d in […]

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Green Plains expects 2016 ethanol exports to hold steady vs. 2015

Green Plains expects 2016 ethanol exports to hold steady vs. 2015

May 3, 2016 |

In Nebraska, Green Plains said its 2016 ethanol exports are expected to hover around the same levels as 2015 at between 800 million gallons and 1 billion gallons. Brazil’s current sugarcane crush and its relation to ethanol prices will be a major driver for exports coming into the next quarter, determining whether Brazil is competitive […]

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Brazilian ethanol prices dip slightly but holding steady despite the crush

Brazilian ethanol prices dip slightly but holding steady despite the crush

May 3, 2016 |

In Brazil, both hydrous and anhydrous ethanol prices fell last week but the losses were fairly limited, at just 1.99% and 0.93% respectively. Despite the sugarcane crush typically starting in April, mills began early in mid-March in order to try to crush the bumper crop this year, a move which helped to push down prices […]

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Brazilian hydrous ethanol sales fall during H1 April by nearly 20%

Brazilian hydrous ethanol sales fall during H1 April by nearly 20%

May 2, 2016 |

In Brazil, hydrous ethanol sales fell by nearly 20% during the first half of April, the fifth month in a row sales had fallen year-on-year, which is in line with the increased prices as a result of higher demand going into the end of 2015. Sales during the period were better than in March, however, […]

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Renewable Developments Australia receive A$3 million for cellulosic ethanol project development

Renewable Developments Australia receive A$3 million for cellulosic ethanol project development

May 2, 2016 |

In Australia, the national renewable energy agency has approved A$3 million in funding for Renewable Developments Australia to help offset early stage development costs for a proposed A$800 million 350 million liter cellulosic ethanol plant in North Queensland. The funding will go towards irrigation and crop trials for sugarcane and sweet sorghum as well as […]

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EU market expecting Central American ethanol imports in May and June

EU market expecting Central American ethanol imports in May and June

May 2, 2016 |

In the Netherlands, the European market is expecting ethanol to arrive from Central America into Rotterdam this month, with at least 7,000 cubic meters on route and a much larger volume set for arrival in June despite the market being well supplied at the moment. The arrival of the new imports is not expected to […]

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US ethanol production hits 51-week low

US ethanol production hits 51-week low

May 1, 2016 |

In the US, ethanol production averaged 927,000 b/d last week, or 38.93 million gallons daily, down 12,000 b/d from the week before and a 51 week low. The four-week average for ethanol production stood at 945,000 b/d for an annualized rate of 14.49 gallons, reported the Renewable Fuels Association. Stocks of ethanol stood at 21.6 […]

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Iowa extends biofuels incentives through 2024

Iowa extends biofuels incentives through 2024

April 28, 2016 |

In Iowa, the state’s senate has unanimously approved a bill to extend incentives for ethanol and biodiesel blending through 2024 rather than ending in 2017 as planned, with the house voting 88-6 in favor. The bill now goes to the governor for signature. The bill extends the E85 tax credit, E15 credit, the B5 credit […]

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