Tag: ethanol

Minnesota’s ethanol industry contributed $2.31 billion to state’s GDP in 2018

Minnesota’s ethanol industry contributed $2.31 billion to state’s GDP in 2018

February 20, 2019 |

In Minnesota, the state’s ethanol industry contributed $2.31 billion to the state’s gross domestic product (GDP) in 2018, according to a new study by ABF Economics. In 2018, the study said, Minnesota’s ethanol producers produced 1.27 billion gallons of ethanol, 3.8 million tons of dried distiller’s grains with solubles (a high-protein animal feed) and 283 […]

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Kinder Morgan to boost Argo infrastructure to help reduce ethanol glut

Kinder Morgan to boost Argo infrastructure to help reduce ethanol glut

February 20, 2019 |

In Illinois, Reuters reports that in an effort to slow falling ethanol prices as a result of a supply glut and in response to ADM flooding the benchmark Argo terminal since late 2017, Kinder Morgan will expand its barge-loading capacity to help increase the flow of ethanol towards coastal markets with higher prices. The number […]

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Brazilian H2 February ethanol prices jump more than 10%

Brazilian H2 February ethanol prices jump more than 10%

February 20, 2019 |

In Brazil, Platts reports that hydrous ethanol prices surged to $562.7/cu m during the first half of February, an increase of more than 10% from the second half of January and the highest seen since November 1 due to retailers failing to pass on lower gasoline prices to consumers. As a result, drivers chose to […]

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Record molasses prices boosts Philippine ethanol price to $1,165/cu m

Record molasses prices boosts Philippine ethanol price to $1,165/cu m

February 19, 2019 |

In the Philippines, Platts reports Sugar Regulatory Agency data shows record molasses prices pushed domestic ethanol prices to $1,165/cu m during the first half of February. Molasses prices rose to $194.85/mt during the first half of the month bringing ethanol prices to an equivalent of $0.83/liter. Sugar prices also rose during the period to $588.2/mt, […]

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Brazilian sugar mills seen being more responsive to sugar and ethanol prices

Brazilian sugar mills seen being more responsive to sugar and ethanol prices

February 19, 2019 |

In Brazil, Reuters reports that Louis Dreyfus believes flexible sugar mills that can easily switch between sugar and ethanol will likely make the shift faster this next season than in previous seasons, leading to “dramatic” shifts in production of either product as mills become more pragmatic in their decision making. Alvean believes that sugar prices […]

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Republicans furious EPA chief rejected proposal to cut ethanol blending

Republicans furious EPA chief rejected proposal to cut ethanol blending

February 19, 2019 |

In Washington, Reuters reports that the acting administrator of the Environmental Protection Agency rejected a staff proposal last December that would have cut the biofuel blending mandate, a move that has enraged Republicans and threatened their votes in the Senate confirmation hearing that would make the acting administrator the permanent one. The proposal sought to […]

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AB InBev supplying residual alcohol from 0% beer for ethanol production

AB InBev supplying residual alcohol from 0% beer for ethanol production

February 18, 2019 |

In Belgium, AB InBev has teamed with Alcogroup to produce ethanol from the residual alcohol produced in the manufacturing process for alcohol-free beer. Three tanker trucks per week transport about 75,000 liters of residual alcohol for processing, or roughly one liter for every 85 cans of alcohol-free beer. That comes to about 8,500 cans of […]

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Maharashtra mill takes lead on cane juice as ethanol feedstock

Maharashtra mill takes lead on cane juice as ethanol feedstock

February 18, 2019 |

In India, the Press Trust of India reports that Tatyasaheb Kore Warana Sahakari Sakhar Karkhana is the first mill in Maharashtra to convert to using sugarcane juice as a feedstock for ethanol production following the deregulation of feedstocks in July last year. Although using cane juice for ethanol production is common in Brazil, historically India […]

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Only 7% of Indian soft loans disbursed for ethanol projects

Only 7% of Indian soft loans disbursed for ethanol projects

February 14, 2019 |

In India, Cogencis reports that only 7% of the soft loans approved by the government for ethanol productions—$56.1 million of $856.8 million—have been disbursed so far. The loans include a one-year deferment on payments and were announced in June to speed up the deployment of ethanol projects that would in turn help sugar mills climb […]

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Brazilian H2 January ethanol production up nearly 25% on year

Brazilian H2 January ethanol production up nearly 25% on year

February 13, 2019 |

In Brazil, Platts reports that UNICA data shows ethanol production during the second half of January was nearly 25% higher on the year at 84 million liters, 44 million liters of which was hydrous ethanol. Total ethanol production for the year from April through January was up nearly 20% year-on-year at about 30.3 billion liters. […]

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