Tag: South Korea

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 […]

Read More

South Korean ethanol imports up 39%

South Korean ethanol imports up 39%

January 14, 2018 |

In South Korea, ethanol imports increased 39% year on year to 261,584 mt in 2017, according to data released by Korea Customs Service. According to Platts, imports of denatured ethanol surged by 238% over the year to 117,782 mt in 2017. The U.S. remained the key import origin last year, accounting for 78% of total […]

Read More

South Korean ethanol imports and exports soar in September

South Korean ethanol imports and exports soar in September

October 16, 2017 |

In South Korea, ethanol imports soared in September to 31,109 metric tons, up 36% from August. Of the 17,838 tons of denatured ethanol, 84% came from the US while the remainder came from South Africa and Pakistan. Most of the undenatured ethanol imports came from Australia, followed by Pakistan and Cambodia. Surprisingly, exports jumped nearly […]

Read More

Algae bioplastics research advanced into biopreservatives

Algae bioplastics research advanced into biopreservatives

March 20, 2017 |

In South Korea, researchers are looking to take advances made in algae processing technology for the creation of bioplastics and apply them to biopreservatives in an attempt to reduce potential side effects from those currently used in cosmetics, food and personal care products. It is the use of enzymes in the process to produce bioplastics […]

Read More

South Korea to invest $8.7 million in virtual currency that would pay people to poop for biofuels

South Korea to invest $8.7 million in virtual currency that would pay people to poop for biofuels

March 9, 2017 |

In South Korea, the government will invest $8.7 million to develop a virtual currency that pays people the equivalent of 43 cents every time they use the new waterless toilet developed by the Ulsan National Institute of Science and Technology that turns human waste directly into biogas. Hope is that by 2020, the value of […]

Read More

Lamplighter Energy to export pellets to South Korea from Hawaii

Lamplighter Energy to export pellets to South Korea from Hawaii

January 26, 2017 |

In Hawaii, Lamplighter Energy will export enough pellets to South Korea’s Hanbo Energy Korea to power 320,000 homes as it looks to diversify markets since Hawaiian Electric hasn’t transitioned to enough biomass power to absorb the company’s production. HECO says it will increase its consumption over time as it works towards its 100% renewable goal […]

Read More

South Korean researchers develop new way to produce biofuel from CO2

South Korean researchers develop new way to produce biofuel from CO2

November 24, 2016 |

In South Korea, researchers at UNIST uncovered new ways to make biofuel from carbon dioxide (CO2), the most troublesome greenhouse gas. In their paper published in the journal Applied Catalysis B: Environmental, the team presented direct CO2 conversion to liquid transportation fuels by reacting with renewable hydrogen (H2) generated by solar water splitting. The currently […]

Read More

New report damns South Korean company for deforesting Indonesia to make way for palm oil

New report damns South Korean company for deforesting Indonesia to make way for palm oil

September 1, 2016 |

In Indonesia, a report commissioned by Mighty, the Korea Federation for Environmental Movements, SKP-KAMe Merauke and PUSAKA, Rainforest Foundation Norway and Transport & Environment, undertaken by Aidenvironment, reveals new satellite, photographic, and video evidence of massive deforestation and illegal burning of pristine rainforest by the Korean-Indonesian corporation Korindo, to support establishment of its palm oil plantations on […]

Read More

Pakistani ethanol beating out Brazil in key Asian markets

Pakistani ethanol beating out Brazil in key Asian markets

August 23, 2016 |

In South Korea, ethanol importers are buying more supplies from Pakistan rather than its traditional origin Brazil due to a growing price difference. S&P Global Platts reported on Friday that ethanol prices were near a five month high at $5/cu m higher from Brazil’s Paranagua port at $550/cu m. High Brazilian prices in August kept […]

Read More

South Korean ethanol companies consolidate in cash deal

South Korean ethanol companies consolidate in cash deal

June 16, 2016 |

In South Korea, after calling negotiations off in April when an agreement on terms couldn’t be reached, Changhae Ethanol finally got a deal to buy the entire 750,000 shares of Hite Jinro Ethanol for $59.2 million.  After the deal fell through, Hite Jinro said it would continue to search for a buyer but apparently in […]

Read More