Tag: South Korea

South Korea switches Brazilian ethanol for Pakistani

South Korea switches Brazilian ethanol for Pakistani

October 16, 2018 |

In South Korea, Platts says Pakistan has become the origin of preference for ENA and REN industrial ethanol imports over Brazil due to appreciation of the Brazilian Real and softening prices expected for Pakistani product. With ongoing extended dryness leading to an early end of the Brazilian crush this year, ethanol prices are expected to […]

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IPCC report says biofuel necessary to keep climate change under control

IPCC report says biofuel necessary to keep climate change under control

October 8, 2018 |

In South Korea, AFP reports the Intergovernmental Panel for Climate Change has launched a new report saying time is running out to stop climate change but that significant investment in biofuels and associated carbon capture and storage could make a big difference. The report says it the Earth’s temperature could rise 1.5C by 2030 and […]

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South Korean August ethanol imports more than 23% higher on month

South Korean August ethanol imports more than 23% higher on month

September 17, 2018 |

In South Korea, Platts reports that August ethanol imports rose to 27,972 metric tons, more than 23% higher than July, with Brazil supplying more than 52% of the 13,030 tons of undenatured ethanol. Pakistan supplied much of the rest of the undenatured ethanol, making it the largest origin of ethanol to South Korea this year […]

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South Korea OKs power production from animal waste fat bio-oils

South Korea OKs power production from animal waste fat bio-oils

September 11, 2018 |

In South Korea, the Korea Herald newspaper reports that the use of waste animal fat-based bio-oil to produce electricity has been approved by the trade ministry as of January as part of the country’s attempt to reduce nuclear energy use by nearly 24% and use 20% renewable energy by 2030. The ministry has been undertaking […]

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South Korean ethanol imports fall 41% from June to July

South Korean ethanol imports fall 41% from June to July

August 14, 2018 |

In South Korea, Platts reports that July ethanol imports fell more than 41% from June at 22,668 metric tons. Nearly 70% of the 10,335 tons of undenatured ethanol imported in July came from Pakistan, followed by Brazil, pushing out Australia who has been the top origin so far this year. Nearly all of the denatured […]

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South Korean May ethanol imports flat on year but down 5% from April

South Korean May ethanol imports flat on year but down 5% from April

June 14, 2018 |

In South Korea, Platts reports that ethanol imports fell nearly 5% in May compared to April at 29,020 metric tons. Imports were slightly higher compared to May 2017, however. More than 40% of the undenatured ethanol came from Australia, followed by Pakistan, while imports from Brazil aren’t expected until Q3. Australia accounts for 47% of […]

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South Korean April ethanol imports up nearly 39% on year

South Korean April ethanol imports up nearly 39% on year

May 15, 2018 |

In South Korea, Platts reports that April ethanol imports reached 30,510 metric tons, up more than 5% from March and nearly 39% higher than last year. Australia was the lead origin for undenatured ethanol, accounting for 37% of the total volume at just under 5,000 tons, followed by Cambodia and Pakistan. For denatured ethanol, 83% […]

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South Korean March ethanol imports jump more than 52%

South Korean March ethanol imports jump more than 52%

April 12, 2018 |

In South Korea, Platts reports that ethanol imports reached 28,946 metric tons in March, more than 52% higher than March 2017 and more than 10% higher than February. With traders eyeing Brazilian B grade ethanol in hopes that growing supplies thanks to the start of the 2018/19 sugarcane crush will push down prices, in March […]

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South Korean ethanol imports jump 87% on year with big push from US

South Korean ethanol imports jump 87% on year with big push from US

March 14, 2018 |

In South Korea, Platts reports that ethanol imports soared to 26,255 metric tons in February, more than 87% higher on the year and 14% from January. More than 88% of the 19,200 tons of denatured ethanol came from the US. While undenatured imports fell more than 35% to 7,054 tons with more than half coming […]

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South Korean ethanol imports fell 32% in January

South Korean ethanol imports fell 32% in January

February 13, 2018 |

In South Korea, Customs Today reports that ethanol imports fell 32% in January to 23,018 metric tons from the month before, but even so, compared to January 2017 the volume was up 215%. Undenatured ethanol imports took a nearly 25% hit with 10,940 tons imported in January, nearly most of which came from Australia with […]

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