Tag: ethanol

EIA says 2014 ethanol exports reached highest level since 2011

EIA says 2014 ethanol exports reached highest level since 2011

March 26, 2015 |

In Washington, the Energy Information Agency says US ethanol exports in 2014 hit the highest level since 2011 at 826 million gallons in 2014, short of the 1.3 billion gallon record. At the same time, ethanol imports fell to their lowest since 2010 at just 73 million gallons, down 81% on the year. The US […]

Read More

European ethanol front-month/second-month margin reaches 5 month high

European ethanol front-month/second-month margin reaches 5 month high

March 25, 2015 |

In the Netherlands, planned ethanol production downtimes across Europe are supporting prices so much that the margin for front month and second month ethanol prices have reached a five month high of EUR20 per cubic meter. Supply shortages in Rotterdam are supporting prices but as crush margins increase and production comes back online, prices are […]

Read More

Mendota Bioenergy’s phase 1 beet-to-ethanol trial results positive

Mendota Bioenergy’s phase 1 beet-to-ethanol trial results positive

March 25, 2015 |

In California, Mendota Bioenergy’s phase 1 sugarbeet-to-ethanol results are promising which means that phase 2 can soon can get underway. Though the facility is built for 1 million gallons per year of production capacity, production runs will be smaller and dependent on the volume of feedstock available from local farmers. Phase 2 should run in […]

Read More

Fees and taxes increase with highway funding package

Fees and taxes increase with highway funding package

March 24, 2015 |

In South Dakota, a new law will soon come into force, including a 6 cents per gallon tax increase on ethanol at the pump, that would see the state’s revenues increase by $2.25 million. Other motor fuels will also be subject to the same increase, as well as other various license plate and excise taxes, all […]

Read More

Raizen to cut ethanol investments by a quarter during 2015/16

Raizen to cut ethanol investments by a quarter during 2015/16

March 23, 2015 |

In Brazil, along with flat expectations for ethanol production during 2015/16, Raizen expects to cuts its ethanol investments to around $600 million, roughly 25% lower than during the previous season. A weaker Real may boost demand for Brazilian ethanol exports but low gasoline prices dampens domestic demand for ethanol.

Read More

India’s ethanol blend at just 1.4% through February

India’s ethanol blend at just 1.4% through February

March 23, 2015 |

In India, ethanol blending only reached 1.4% through February, down from 2% last year and only a third of the mandated 5% blend. In addition to the ongoing contract disputes between sugar mills and oil marketing companies, state levies on “import” ethanol from other states have become a major dampener to trade. The national sugar […]

Read More

Pemex to offer 5.8% ethanol at the pump

Pemex to offer 5.8% ethanol at the pump

March 23, 2015 |

In Mexico, Pemex will soon offer 5.8% ethanol blends at the pump following deals with ethanol suppliers for up to 123 million liters of ethanol per year during the next 10 years. The ethanol will be produced from sugarcane and sorghum and will be valued at between $524 and $750 million. The company plans to […]

Read More

Alexandria’s mayor dead set against ethanol rail expansion plans

Alexandria’s mayor dead set against ethanol rail expansion plans

March 23, 2015 |

In Virginia, Alexandria’s mayor is against Norfolk Southern’s plans to lengthen the trains carrying ethanol through the city. The company also plans to reconfigure its track layout and install stationary product transfer equipment, including spill containment, along with a truck rack. Its rail-to-truck ethanol transfer point will be moved one-quarter mile west. “An industrial facility […]

Read More

US Ethanol production continues on upward trend

US Ethanol production continues on upward trend

March 23, 2015 |

In the US, ethanol production for last week averaged 947,000 barrels per day (b/d)—or 39.77 million gallons daily. That is up 3,000 b/d from the week before. The four-week average for ethanol production stood at 942,000 b/d for an annualized rate of 14.44 billion gallons. Gasoline demand for the week averaged 388.9 million gallons daily. […]

Read More

Cosan rejects analysts’ expectation of increased ethanol production

Cosan rejects analysts’ expectation of increased ethanol production

March 19, 2015 |

In Brazil, Cosan says it plans to produce more sugar this season while ethanol production should stay flat at around 2 billion liters, contradicting analysts’ expectation that a 27% blending mandate would encourage producers to favor ethanol over sugar production. The government may re-institute a fuel tax that would weigh on overall gasoline consumption, and […]

Read More