Tag: Singapore

Noble Americas South Bend Ethanol sold for final price of $18.1 million

Noble Americas South Bend Ethanol sold for final price of $18.1 million

January 2, 2018 |

In Singapore, the Business Times says the final price paid for Noble Americas South Bend Ethanol plant in South Bend, Indiana was $18.1 million instead of the $18.5 million Mercuria Investments paid on December 12 after an adjustment was made and $400,000 was returned to the new buyer. The sale was part of a larger […]

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Neste moves forward with Renewable Products program

Neste moves forward with Renewable Products program

December 16, 2017 |

In Finland, Neste’s Board of Directors decided that Neste’s additional production capacity for renewable diesel, renewable aviation fuel and raw materials for various biochemical uses will be located in Singapore. The decision initiates technical design of the new production line, with the aim of a final investment decision by the end of 2018. If the […]

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SE Asia ethanol prices fall to near seven-year lows

SE Asia ethanol prices fall to near seven-year lows

November 23, 2017 |

In Singapore, SE Asia ethanol prices fell to near record lows during the week ending Wednesday since ICIS started tracking prices in January 2011 at $465-469/cu m basis cost and freight, down as much as $8/cu m on the week. Chicago Board of Trade ethanol futures fell slightly this past week as well, so SE […]

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Wilmar’s net pre-tax profits slump 51% on lower Indonesian biodiesel quota

Wilmar’s net pre-tax profits slump 51% on lower Indonesian biodiesel quota

November 14, 2017 |

In Singapore, Wilmar’s Indonesian biodiesel business was awarded 175.3 million liters for the May to October period, down from 241.4 million liters during the previous six months, which hit the company’s overall earnings hard. The lack of quota mixed with smaller margins saw a 51% drop in pre-tax profits for the company’s tropical oils business. […]

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Brazilian ethanol prices for Northeast Asia are holding steady due to lack of storage

Brazilian ethanol prices for Northeast Asia are holding steady due to lack of storage

October 26, 2017 |

In Singapore, prices for Brazilian hydrous ethanol exports to northeast Asia are holding steady at around $580-600/cbm CFR for offers and $560 for buyers due to a lack of storage capacity available for new shipments. Lack of demand in the region is likely to continue for sometime, reducing the likelihood of purchases in the near-term. […]

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Singing a song in Singapore: GoodFuels Marine, BHP, and MPA collaborate on biofuels during closed-door roundtable

Singing a song in Singapore: GoodFuels Marine, BHP, and MPA collaborate on biofuels during closed-door roundtable

September 24, 2017 |

In Singapore, a closed-door biofuel roundtable organized by the Maritime and Port Authority of Singapore, BHP and GoodFuels Marine, brought some excitement to the maritime biofuels world – almost as much excitement as when we first saw Monty Python’s the Knights of the Roundtable song and dance. While we didn’t hear about any dancing or […]

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BHP Billiton teams with Good Fuels for biofuel bunkering operation in Singapore

BHP Billiton teams with Good Fuels for biofuel bunkering operation in Singapore

September 21, 2017 |

In Singapore, BHP Billiton has teamed with Good Fuels to trial the first biofuel bunkering operation at the Port of Singapore. One of BHP Billiton’s vessels is expected to be bunkered as part of the project with other shipowners expected to participate at a later date.

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NE Asia hydrous ethanol prices fall to 11-month low on Brazilian weakness

NE Asia hydrous ethanol prices fall to 11-month low on Brazilian weakness

May 31, 2017 |

In Singapore, import prices for hydrous ethanol from Brazil into the Northeast Asian region are the lowest seen since last June at $540-560/cubic meter, basis cost and freight, due to falling prices brought on by weakened demand and rainy weather that has mills producing more ethanol than sugar. The ongoing political scandal with Brazil’s president […]

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Brazilian real weighing on Asian grade b ethanol market

Brazilian real weighing on Asian grade b ethanol market

May 22, 2017 |

In Singapore, the instability of the Brazilian Real and its impact on the global ethanol market is keeping the Asian grade b market on its toes, with prices falling by as much as $50 per cubic meter as a result of the Real’s slide last Friday. But changing import policies into Brazil could mean that […]

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Singapore Airlines launches first of 12 biojet flights on San Francisco route

Singapore Airlines launches first of 12 biojet flights on San Francisco route

May 3, 2017 |

In Singapore, Singapore Airlines (SIA), in partnership with the Civil Aviation Authority of Singapore (CAAS), has started operating a series of 12 ‘green package’ flights over a three-month period on its non-stop San Francisco-Singapore route. Featuring SIA’s latest-generation and most fuel-efficient aircraft – the Airbus A350-900 – the ‘green package’ flights are the first in […]

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