Tag: Peru

Peru looks to raise biodiesel blending 1% annually over next five years

Peru looks to raise biodiesel blending 1% annually over next five years

January 2, 2019 |

In Peru, the Nation newspaper reports that following the 2% biodiesel blend that was implemented on January 2 following just 1% blending prior to then, the country is hoping to boost its blending mandate by another 5% over the next five years, increasing 1% annually. The head of the fuels department at the industry and […]

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Petroperú cancels biodiesel purchase tender without explanation

Petroperú cancels biodiesel purchase tender without explanation

December 31, 2018 |

In Peru, local press reports that that Petroperú has canceled the purchase tender of $81 million worth of biodiesel, the volume required for half a year’s consumption, on December 20 when the winning offer was meant to be announced. The tender’s closing date was December 17. The state-owned oil company has not indicated why the […]

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Peru slaps anti-dumping duties on Argentina biodiesel imports

Peru slaps anti-dumping duties on Argentina biodiesel imports

October 27, 2016 |

In Peru, the country’s regulator announced it would slap anti-dumping duties on imports of Argentine biodiesel for five years, saying the imports had a negative impact on domestic producers. Specific duties have been lobbed on specific companies, as follows: Cargill: $134.70 per ton Bunge: $141.40 per ton Noble: $152.70 per ton Louis Dreyfus and others: […]

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Argentine biodiesel producers to appeal Peru’s anti-dumping duties

Argentine biodiesel producers to appeal Peru’s anti-dumping duties

February 4, 2016 |

In Argentina, biofuel producers have rejected anti-dumping measures Peru has implemented against the country’s industry and have said they will appeal it. Peru’s competition regulator Indecopi approved $208.2 per ton anti-dumping duties on all Argentine biodiesel coming into the country at the end of January. Argentina is the source of most of Peru’s biodiesel consumption. […]

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Maple Energy still trying to sort out ethanol debt refinancing

Maple Energy still trying to sort out ethanol debt refinancing

April 1, 2015 |

In Peru, Maple Energy is still trying work with its senior lenders to repay the debt belonging to its ethanol companies. All of the fixed assets held by the ethanol companies has been transferred by the trustee acting on behalf of the senior lenders to subsidiaries of Grupo Gloria for about $108 million before taxes. […]

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PetroPeru’s biodiesel tenders gaining regularity

PetroPeru’s biodiesel tenders gaining regularity

February 16, 2015 |

In Peru, the state-owned PetroPeru is repeatedly tendering for biodiesel imports. The company currently has an open tender for March to May delivery of two times 120,000 barrels, repeating a similar tender that it held in late November for December to January delivery.

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GRFA pushes ethanol as clean energy option at COP Lima

GRFA pushes ethanol as clean energy option at COP Lima

December 9, 2014 |

In Peru, as COP 2014 is fully underway in Lima, the Global Renewable Fuels Alliance (GRFA) reiterated that biofuels, like ethanol, are presently one of the most commercially viable, greenhouse gas (GHG) emissions reducing transport fuel alternatives to crude oil in the medium term. According to the GRFA, it is estimated that 25% to 30% […]

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Maple Energy looking at ethanol options including idling

Maple Energy looking at ethanol options including idling

November 27, 2014 |

In Peru, Maple Energy is exploring various options for its ethanol business, including not re-starting after the 12-week maintenance period that began in August. The company received a loan waiver of five days from senior lenders on Nov. 25. It is dependent on those same lenders to provide working capital until an alternative funding arrangement […]

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Growth Energy participates in US ethanol mission in Panama and Peru

Growth Energy participates in US ethanol mission in Panama and Peru

November 10, 2014 |

In Washington, Growth Energy participated in a market development mission with the U.S. Grains Council and the Renewable Fuels Association to explore export opportunities for U.S. ethanol in Panama and Peru. “The mission delegates met with a number of Peruvian government officials over the span of two days, and the access provided was impressive. Though […]

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Maple Energy rejects $47.4 million offer

Maple Energy rejects $47.4 million offer

October 27, 2014 |

In Peru, Maple Energy has rejected the proposed $47.4 million offer from Graña y Montero SAA and Alcogroup SA because it says the companies didn’t provide sufficient proof that they could secure the needed finance in a timely enough manner, something the company’s senior lenders also found insufficient.  

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