Tag: ethanol

UNICA says hard for ethanol to compete with $60 oil as nine more mills shut

UNICA says hard for ethanol to compete with $60 oil as nine more mills shut

December 19, 2014 |

In Brazil, UNICA says that ethanol and all renewable energies become a challenge with oil at $60 per barrel, but that the choice of ethanol over gasoline has to be about more than just price. The ethanol industry is suffering from a lack of confidence, which has partly led to more mills mothballing. Nine more […]

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South Bend ethanol plant negotiating corn oil extraction lease with city

South Bend ethanol plant negotiating corn oil extraction lease with city

December 16, 2014 |

In Indiana, the 100 million gallon ethanol plant in South Bend has come back online following Noble Americas buying the facility in mid-2013 and spending the last year upgrading the facility to come back online. The company has negotiated with the city that the city buy a $2 million corn extraction add-on to the plant […]

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Leadership shuffle supports Green Fuel’s plans for second ethanol plant

Leadership shuffle supports Green Fuel’s plans for second ethanol plant

December 16, 2014 |

In Zimbabwe, a shift in local leadership is opening the way for Green Fuels to develop its second ethanol plant, this time in Mwenezi. The former area leader was blocking the project, but the new leaders want to see the lowveld’s sugarcane plantations expand to help supply fuel towards the country’s blending mandate while also […]

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Indian government sets ethanol price high enough to support sugar mills

Indian government sets ethanol price high enough to support sugar mills

December 11, 2014 |

In India, the Cabinet Cabinet Committee on Economic Affairs has set the price oil marketing companies must pay to sugar mills for ethanol at 77 cents per liter, including taxes and transport, compared to just 46 cents that OMCs have been paying. The move will help support sugar mills to produce more ethanol and even […]

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New South Wales really only blending 3.1% ethanol instead of 6%

New South Wales really only blending 3.1% ethanol instead of 6%

December 11, 2014 |

In Australia, despite having a 6% ethanol blend in New South Wales, actual consumption is only about 3.1% because of market exceptions available to oil companies. Ethanol sales only hit 14.6 million liters in November rather than the 28.21 million liters that should have been sold if the mandate had been enforced. The state pledged […]

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Where’s the upside in $60 oil?

Where’s the upside in $60 oil?

December 11, 2014 |

Boom times for two-product strategies? Can feed markets offer relief for the challenges on the fuel side? The Digest investigates. The energy industry continues to feel the impact of falling energy prices. In Wednesday’s Top Story, we noted that the industry conversation has shifted from long-term fundamentals to a form of “oil price watching” — […]

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Up to $11 million available to help Chicago gas stations switch to E15

Up to $11 million available to help Chicago gas stations switch to E15

December 9, 2014 |

In Illinois, the ethanol industry and the Chicago Lung Association are offering $11 million to gas stations to help them transition their pumps to E15 if the full city council approves a measure to mandate the blend city-wide. The policy has been watered down from its original version, giving stations 360 days to comply with […]

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Chicago Argo ethanol prices lose most of November’s gains

Chicago Argo ethanol prices lose most of November’s gains

December 9, 2014 |

In Illinois, Chicago Argo ethanol has tumbled to its lowest in at least a month at $2.0875/gal, down 11.25 cents from recent levels. After record ethanol production following a record corn crop, the market may at last be oversupplied after soaring nearly 54% in November. Already more than 71 cents of the 98 cents gained […]

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Kansas and Nebraska team to block EPA rules on higher ethanol blends

Kansas and Nebraska team to block EPA rules on higher ethanol blends

December 9, 2014 |

In Kansas, the state’s Attorney General Derek Schmidt has asked a federal appeals court to block new Environmental Protection Agency (EPA) regulations that discourage the use of ethanol by requiring states to adopt conclusions about ethanol emissions not backed by scientific facts. The lawsuit, filed in the D.C. Circuit Court of Appeals, asks the court […]

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Ethanol exports up 31% on year but that’s nothing compared to 2020

Ethanol exports up 31% on year but that’s nothing compared to 2020

December 8, 2014 |

In Illinois, ethanol exports have increased 31% this year, the highest seen since 2011, but Citibank expects exports to double 2010’s levels between 2015-2020 at around 1 billion gallons per year. The longer the RFS remains in limbo, the more attractive and vital exports become. The RFA has already traveled on trade missions to Peru, […]

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