In India, Rasoya Proteins is set to invest US$65.7 million in a corn-based ethanol plant with feedstock sourced locally in Nagpur and surrounding regions in Maharashtra. The facility will complement the company’s other food processing facilities including rice, wheat and soy.
In Nebraska, using corn crop residue to make ethanol and other biofuels reduces soil carbon and can generate more greenhouse gases than gasoline, according to a study published in the journal Nature Climate Change. The findings by a University of Nebraska-Lincoln team of researchers cast doubt on whether corn residue can be used to meet federal […]
In Minnesota, the state’s pollution control agency says the new owners of the ethanol plant in Buffalo Lake, Buffalo Lake Advanced Biofuels, must pay the $10,000 fine for the 2012 wastewater violation. At the time, the plant was owned by Purified Renewable Energy but that company has since gone bankrupt.
In Illinois, the U.S. Environmental Protection Agency is accepting public comment on a proposed permit that would allow Archer Daniels Midland to inject carbon dioxide deep underground at a facility in Decatur, Illinois. This process – known as “carbon sequestration” – is a means of storing carbon dioxide, a greenhouse gas that contributes to climate […]
In Illinois, ethanol imports are lowering the price of ethanol to such an extent that it is having a heavy impact on profit margins for Midwest ethanol plants. Platts is reporting that margins fell to $1.6313/gal last week, down nearly 20% on the week. Ethanol prices hit an eight-year high the last week of March.
In Brazil, the agriculture ministry has confirmed that it is looking to increase the blend of anhydrous ethanol in gasoline to 27.5% from the current 25%. Such a move is expected to reduce Petrobras’ fuel imports, helping to offset some of its losses. The Brazilian stock exchange BOVESPA responded favorable to Petrobras on Friday after […]
In Sierra Leone, Addax Bioenergy is expected to begin ethanol production next week on Tuesday. The country’s president visited the site over the weekend ahead of the opening. When at full capacity, the facility will produce 85 million liters of ethanol per year in addition to 100,000 MWh of electricity.
According to EIA data, ethanol production averaged 896,000 barrels per day, or 37.63 million gallons daily. That is down 26,000 barrels per day from the week before. The four-week average for ethanol production stood at 898,000 barrels per day for an annualized rate of 13.77 billion gallons. Imports of ethanol were up from last week […]
In Brazil, despite the draught that has damaged sugarcane so far this year, the national agriculture statistics agency Conab expects ethanol production to increase 1.47% to a record of 28.37 billion liters. Ethanol production in the northeast will increase 4.53% to just over 2 billion liters. Overall sugarcane production should increase 2% to just under […]
In New York, ethanol prices at the harbor are falling at last with prices running at a discount to Chicago argo ethanol prices for the first time in six months. Platts is reporting the discount is on $0.0015 per gallon, but it’s still a discount. New York Harbor ethanol was assessed at $2.8395/gal on Wednesday. […]