Tag: India
Ethanol prices settles
Tweet In India, after years of battling between sugar mills and oil companies over the fair market price for ethanol, the price has finally been set at INR35 (62 cents), up from INR27 as had been set by a cabinet committee a few years ago as a temporary measure until a fairer pricing formula could [...]
IndianOil develops new biodiesel technology from jatropha
Tweet In India, IndianOil has successfully developed and commercialised a technology to co-process non-edible vegetable oil in the existing Diesel Hydrotreating (DHDT) units of a petroleum Refinery to make biodiesel. This is first time in India and possibly the first in the world when Jatropha oil has been used for co-processing in a petroleum refinery. [...]
Argus launches new Indian ethanol assessment following E5 blend
Tweet In India, Argus has launched the Argus India ethanol assessment to meet growing demand for price references and transparency in the market. The new assessment is in response to India’s mandate for increased ethanol blending in gasoline. The daily assessment is specifically for anhydrous ethanol, delivered to India. Indian demand for ethanol is expected [...]
Indian ethanol price wars continue
Tweet In India, the fight over ethanol prices continues as oil companies seek to pay the same for ethanol no matter the state it’s produced in while producers in Maharashtra are trying to get more to compensate for the difference in distribution costs. About a third of the domestic ethanol to be purchased by oil [...]
DuPont is looking to partner with companies in India
Tweet In India, the Business Standard reports that DuPont seeks to expand its presence in India, with an eye to partner with Indian companies in the animal nutrition, fabric care, household and textile industries, using DuPont Industrial Biosciences technologies and biobased solutions. Jim Collins, president of DuPont Industrial Biosciences, is quoted telling reporters, “With a [...]
Indian oil ministry may have to rein in prices offered for ethanol imports
Tweet In India, the oil ministry may decide on the price paid for ethanol imports because the offers made are nearly twice the price as those paid for domestically produced ethanol at a recent tender. The LOIs have already gone out for 110 million liters of domestic ethanol while the LOIs for the remaining 440 [...]
Indian oil companies struggling to get ethanol supplies needed for E5
Tweet In India, Bharat Petroleum is scrambling to get the ethanol it needs to comply with the E5 blend that begins June 30. It needs 1.4 billion liters, received offers for 550 million liters, but only bought 110 million liters while it remains in talks with the rest of the offered volumes. It sought to [...]
Tamil Nadu government to invest in ethanol distillery at coop sugar mill
Tweet In India, the Tamil Nadu government wants to see the development of an ethanol distillery in Thanjavur, co-located at the Aringar Anna Sugar Mills. It has already ordered the development of a 450,000 liter ethanol distillery at Cheyyar Co-operative Sugar Mills. The government has boosted the sugarcane price for farmers in hopes of encouraging [...]
Indian OMCs buy 1.1 million liters of ethanol from sugar mills at 77 cents
Tweet In India, oil marketing companies have agreed to pay sugar mills 77 cents per liter of ethanol, far above the 49 cents ethanol was set at previously. The OMCs will buy 1.1 million liters of ethanol from the mills and are seeking another 1 million liters in exports. Sugar mills had offered 5.5 million [...]
CPF, Indian food giant, to launch six biomass plants this year
Tweet In India, food giant Charoen Pokphand Goods (CPF) will launch six biomass plants, three cogeneration plants, and a biodiesel plant this year in an effort to cut their use of fossil fuel energy by 20% each year. The plants will use waste from chicken, pig, and shrimp operations, and are expected to cut carbon-dioxide [...]
