Tag: ethanol

Brazil starts importing ethanol early in the season, could hit 600 million liters

Brazil starts importing ethanol early in the season, could hit 600 million liters

October 23, 2014 |

In Brazil, Datagro says that ethanol imports are likely to resume and could hit 600 million liters during the intercrop period this marketing year. Drought has cut the cane crush by about 10%, forcing imports already earlier in the year than typical. Most of the ethanol is likely to be sourced from the US.  

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EIA says September ethanol production fell to six-month low

EIA says September ethanol production fell to six-month low

October 23, 2014 |

In Washington, the Energy Information Agency says that September’s ethanol production fell to a six-month low of 1.16 billion gallons. That’s 39.22 million gallons, or 3.27%, less than in August. Despite low corn prices, low ethanol prices squeezed margins, leading to lower production.  

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New report looks at global cellulosic ethanol market through 2018

New report looks at global cellulosic ethanol market through 2018

October 21, 2014 |

In Ireland, Research and Markets has announced the addition of the “Global Cellulosic Ethanol Market 2014-2018″ report to their offering. The analysts forecast the Global Cellulosic Ethanol market to grow at a CAGR of 53.3 percent over the period 2013-2018. In terms of feedstock, the Global Cellulosic Ethanol market can be segmented into four: Agricultural […]

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Zimbabwe’s Hippo Valley Estates to boost ethanol production

Zimbabwe’s Hippo Valley Estates to boost ethanol production

October 21, 2014 |

In Zimbabwe, Tongaat Hulett’s Hippo Valley Estates says it plans to boost cane production by 10% annually for diversion to ethanol production, which currently stands at 21 million liters. Installed capacity is currently at 40 million liters but production has stalled due to years of low prices. Now the government has implemented E15, growing demand […]

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US ethanol imports bounce back to 3000 b/d

US ethanol imports bounce back to 3000 b/d

October 20, 2014 |

In the US, weekly ethanol production for the week ending 10/10/2014 averaged 37.17 million gallons daily, down 16,000 b/d from the week before. The four-week average for ethanol production stood at 889,000 b/d for an annualized rate of 13.63 billion gallons. Imports of ethanol were 3,000 b/d, up from zero for the first time in […]

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NWE ethanol premium hits 11-month high over gasoline

NWE ethanol premium hits 11-month high over gasoline

October 16, 2014 |

In the UK, ethanol hit an 11-month premium over Eurobob gasoline on Tuesday at $51.29/cubic meter. On Tuesday, Northwest Europe ethanol prices were seen at $638.68/cu m. Any significant increase in demand is seen limited by the existing blend wall in Europe.  

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Ethanol prices supported by higher corn futures

Ethanol prices supported by higher corn futures

October 16, 2014 |

In Illinois, ethanol prices are being supported by higher corn prices, which hit a five-week high on Monday of $3.46/bushel. CBOT corn prices have risen 7.25% during the period due to rains in the Midwest during harvest. As a result, ethanol prices hit $1.63/gal on Monday.  

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Ethanol companies supporting Brazil’s presidential opposition candidate

Ethanol companies supporting Brazil’s presidential opposition candidate

October 16, 2014 |

In Brazil, ethanol companies such as Copersucar along with banks and industry are throwing last minute cash into the presidential campaign of Aecio Neves, which is having a major impact in helping to weaken incumbent Dilma Rousseff ahead of the runoff on Oct. 26. Neves’ contributions in September nearly doubled to $56 million, helping to […]

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GranBio to soon announce partner for second cellulosic ethanol plant

GranBio to soon announce partner for second cellulosic ethanol plant

October 15, 2014 |

In Brazil, GranBio’s CEO says it is close to announcing the partner for its second cellulosic ethanol plant, which will be similar in size to the 22 million gallon, $190 million facility it recently opened. He didn’t reveal specifics about the new project but says the company expects to invest $1.7 billion through 2020 in […]

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Indonesia’s E1 blend seeing ethanol flow rise to a trickle

Indonesia’s E1 blend seeing ethanol flow rise to a trickle

October 15, 2014 |

In Indonesia, the government’s plans to introduce a 1% ethanol blend has hit snags during implementation, but 10 months late it is finally making progress. The state-owned energy company Enero has sold 25,000 liters of ethanol to the state-owned oil company Pertamina. Though other ethanol producers were invited to tender in April, the volumes sought […]

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