Tag: India

banner ad

Indian food processor to invest US$65.7 million corn ethanol plant

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.

April 23, 2014 More

India boosts ethanol prices for sugar mills

In India, the Inter-Ministerial Group has agreed to change the formula used to calculate the price sugar mills get for their ethanol, meaning that they will receive between 1 and 5 rupees per liter more during the next tender to supply from the crush starting in October. Mills have been holding back from participating in […]

April 7, 2014 More

Maha mills pass on ethanol supply to OMCs because of payment terms

In India, cooperative sugar mills in Maharashtra say that one of the main challenges of supplying the oil marketing companies with ethanol, despite being the largest producing state in the country, is the fact that OMCs pay with 60 day terms yet mills must pay farmers on a daily basis. The mills can’t afford to […]

March 18, 2014 More

Maharashtra mills having problems dealing with OMCs on ethanol offtake

In India, the state of Maharashtra is the producing state who has provided the least amount of ethanol towards the country’s blending mandate despite being the largest sugar producer. Problems with the oil marketing companies regarding payment and documentation issues have kept the cooperative mills from supplying. OMCs are apparently trying to negotiate down prices […]

March 13, 2014 More

BRICS and mortar: the fast-growing BRIC economies take aim at aviation biofuels

Brazil, Russia, India and China — and throw in South Africa for a complete BRICSA set. The vaunted new economic engines for the 21st century — and, lately, home to a beehive of activity around drop-in, sustainable, aviation biofuels. What’s up, with whom, where, when and why? In the motion picture Casablanca, most of the […]

March 10, 2014 More

Indian edible oils company plans to set up corn-based ethanol

In India, Rasoya Proteins plans to invest $81 million in setting up additional soy oil production as well as a corn-based ethanol plant. The company believes that increased demand for ethanol for blending will provide a market to support the new investment.

February 24, 2014 More

Indian sugar mills dismayed by low prices paid for ethanol

In India, the sugar mills association says the industry has been put in a precarious situation by the oil marketing companies who rejected 370 million liters of ethanol. The OMCs only purchased 250 million liters of ethanol at 44 rupees per liter, but had they been willing to pay up to 55 rupees, they could […]

February 24, 2014 More

Indian oil companies buy record 720 million liters of ethanol from mills

In India, the country’s oil marketing companies have at last finalized a record ethanol purchase of 720 million liters of ethanol from sugar mills, making this the first year the country will reach its E5 blending target. The ethanol will reduce the country’s $20 billion annual fuel import bill by $1 billion. The OMCs paid […]

February 17, 2014 More

Indian biodiesel buses switch back to fossil as prices get too high

In India, Karnataka has stopped blending pongamia oil with diesel to run its public transport buses because the oil company boosted the price of bulk diesel. Since Karnataka State Road Transport Corporation does not have its own blending facility it relies on public pumps. Until the price of bulk diesel comes back down, the nearly […]

February 17, 2014 More

Novozymes sees India growing into top market over next few years

In India, Novozymes expects the country to become one of its biggest markets during the next few years thanks in large part to an increased oil import bill that will further support use of domestically produced biofuels. The country imports 80% of its fuel but is mandated to blend 20% ethanol by 2017. Novozymes expects […]

February 3, 2014 More