Tag: Philippines

Philippines CIF ethanol prices fall to four-month low as it tracks Argo lower

Philippines CIF ethanol prices fall to four-month low as it tracks Argo lower

December 13, 2018 |

In the Philippines, Platts reports that imported ethanol prices basis CIF Philippines fell to $415.33/cu m earlier this week, a four-month low US ethanol prices continue to fall. Argo Ethanol prices fell to 15-year lows earlier in the week as production continues to pass more than a billion barrels per day despite rising corn prices […]

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Call for Philippines to boost ethanol blending to 20% in light of higher taxes

Call for Philippines to boost ethanol blending to 20% in light of higher taxes

December 12, 2018 |

In the Philippines, a governor who is running for the Senate next year is calling for an E20 blending mandate to reduce the rising cost of fuel resulting from increased taxes. She claims that the current blending law wouldn’t need to be amended to facilitate the E20 policy because the domestic industry could only support […]

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Philippine investors to develop $323.6 million sorghum-based ethanol plant

Philippine investors to develop $323.6 million sorghum-based ethanol plant

December 3, 2018 |

In the Philippines, the Manila Times reports that the country’s first non-molasses based ethanol plant will be developed in Zamboanga City, using sorghum as feedstock at the $323.6 million facility. The annual production capacity of the project that is seen as a key driver to improving the socio-economic conditions of the region was not announced. […]

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Philippines’ agri secretary agrees to push for B5 but only for military and government agencies

Philippines’ agri secretary agrees to push for B5 but only for military and government agencies

November 26, 2018 |

In the Philippines, the agriculture secretary said he will push for 5% biodiesel blending, up from the current 2% mandate, in an effort to support coconut farmers who are suffering from low prices while also offsetting imports of fossil-based diesel. The increased mandate he is pushing for will only apply to government procurement including military […]

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PCA pushes for B5 instead of B2, IPPCA says no way

PCA pushes for B5 instead of B2, IPPCA says no way

November 11, 2018 |

In the Philippines, the Independent Philippine Petroleum Companies Association (IPPCA) opposed the plan of the Philippine Coconut Authority (PCA) to increase the biodiesel amount to B5 from B2. “With Euro 4, there is no compelling reason to add or increase the biodiesel blend, given that the current diesel standard is already very clean,” IPPCA said […]

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Philippines boosts Q1 2019 ethanol quota despite steady feedstock supplies

Philippines boosts Q1 2019 ethanol quota despite steady feedstock supplies

October 24, 2018 |

In the Philippines, Platts reports that Q1 2019 ethanol quota was set at 91,000 cu m, varying from 29,500 cu m for January to 29,900 cu m for February and 31,600 cu m for March. The quarterly total is nearly 13% lower than from Q4 2018 by more than 20% higher during the same period […]

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Bioethanol producers seek molasses imports approval to meet demand

Bioethanol producers seek molasses imports approval to meet demand

September 27, 2018 |

In the Philippines, bioethanol distillers and producers asked the government, Sugar Regulatory Administration which is part of the Department of Agriculture, to allow molasses imports, in order to meet the yearly demand of 500 million liters of bioethanol and help grow the P30-billion bioethanol industry. Currently, they only can reach about 60% of demand because […]

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Importing bioethanol by oil companies against the law according to Philippines DOE

Importing bioethanol by oil companies against the law according to Philippines DOE

September 25, 2018 |

In the Philippines, government official and Energy Undersecretary, Wimpy Fuentebella from the Department of Energy told ABS CBN News that it is against the law to bring down gasoline prices by allowing oil firms to import cheaper bioethanol. Instead, oil companies need to use locally produced bioethanol. The suggestion to import cheaper bioethanol from abroad […]

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Falling US prices sees US-origin ethanol in the Philippines at all-time lows

Falling US prices sees US-origin ethanol in the Philippines at all-time lows

September 3, 2018 |

In the Philippines, Platts reports that US-origin ethanol fell to an all-time record low last Thursday of $425/cu m as demand for ethanol in the US is expected to slow down following the end of summer driving season and the upcoming corn harvest that pulls feedstock prices down. Most traders booked their Q4 shipments already […]

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Philippines may suspend biofuels mandates to keep oil companies from going to Euro 2

Philippines may suspend biofuels mandates to keep oil companies from going to Euro 2

August 22, 2018 |

In the Philippines, it appears the Department of Energy is open to throwing the biofuels industry under the bus instead of standing up to the oil industry who says that high biofuel costs and higher quality diesel standards are incompatible for their economics. The oil companies want to slide back to Euro 2 diesel standards […]

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