In Canada, the 200 million liter GreenField ethanol plant in Chatham will produce up to 75% industrial alcohol by the end of the year, moving away from fuel ethanol production, because it says that’s where the market is going. It is targeting high quality pharmaceuticals markets. Currently the facility is undertaking $40 million worth of […]
In Brazil, the Brazilian government’s decision to raise taxes on gasoline and diesel is positive for sugar and ethanol (S&E) companies but will not materially alleviate the financial stress of these companies in 2015, according to Fitch Ratings. The new taxes should allow ethanol producers to increase prices, but the positive impact on the EBITDA […]
In Washington, ethanol stocks have risen to their highest since December 2012 at 20.631 million barrels, up 240,000 barrels on the week. Stocks have risen consistently for the past five weeks. The Midwest was the only of five regions to see stocks slip rather than gain. The national blending rate is currently at 9.24%.
In the UK, DEFRA lowered its estimate for the country’s exportable wheat surplus following increased demand from local ethanol plants. Record domestic consumption is expected to reach 7.99 million metric tons. CropEnergies and Vivergo have a combined processing capacity of 2 million tons though both remain well below those levels. CropEnergies is currently running a […]
In the Philippines, Roxol Bioenergy has voluntarily shut down ethanol production temporarily following formal complaints by 757 area fisherman that the facility’s waste had led to fish kills. The 30 million liter per year plant is currently working on putting pollution controls in place but it’s unclear when it plans to re-open.
In Australia, nearly 30 Chinese and Filipino workers are reportedly working at the Manildra Ethanol Plant for under $4 per hour and under unhealthy conditions. All of them are allegedly living together in a five-bedroom, one bathroom house. The workers are apparently run by a Chinese company that provides their services to the ethanol plant.
In Minnesota, using one of the largest supercomputers in the world, a team of researchers led by the University of Minnesota has identified potential materials that could improve the production of ethanol and petroleum products. The discovery could lead to major efficiencies and cost savings in these industries. The University of Minnesota has two patents […]
In the US, ethanol production averaged 979,000 barrels per day for the week before last, up by 1000 b/d from the week before. The four-week average for ethanol production stood at 970,000 b/d for an annualized rate of 14.87 billion gallons. Gasoline demand for the week averaged 371.7 million gallons daily, little changed from last […]
In Brazil, the government is set to approve an increase to the ethanol blend during the first week of February above the current 27.5%. The exact level of the blend hasn’t been announced yet because tests on compatibility with the national fleet are still ongoing.
In Ethiopia, the country can’t reach its E20 goals as planned for this year due to the lack of ethanol supplies following delays in upgrading sugar mills. As a result, the E10 policy will remain in place for now. The Ethiopian Sugar Corp. has 4 million liters of stock on hand, enough for almost four […]