In Texas, ICIS reports that traditional biodiesel producers are beginning to feel threatened by renewable diesel producers as expansion of the newer technology could potentially threaten market share. With oil industry players like Valero jumping in with major investments like Diamond Green Diesel in Norco, Louisiana where an additional $1.1 billion is destined to expand […]
In Denmark, ICIS reports that Lego has chosen to focus on the sourcing side of bioplastics rather than the degradability properties some bioplastics offer because of concerns that biodegradable plastics could jeopardize child safety. The company undertook an internal assessment of its carbon footprint and found that most of the impact was upstream in its […]
In Singapore, ICIS reports that the Brazilian truckers strike has seen hydrous ethanol trade in Northeast Asia grind to a halt, although prices are holding steady at around $605-620/ton CFR, roughly three year highs, until they are heard differently. In the meantime, no one is talking within the trade. ICIS said Asian buyers were checking with their […]
In Brazil, ICIS reports that the country lowered its blending mandates for both ethanol and biodiesel last week in response to the truckers’ strike that kept fuel from reaching depots and consumers such as sugar mills. Biodiesel is allowed for blends as high as possible but not mandated at 10% as usual while ethanol blending […]
In the UK, ICIS reports that the shift to E10 has been held up primarily due to neither the government nor the oil industry wanting to take the first step in implementation with both sides waiting for the other to take the initiative. If the oil industry leads the shift, some are concerned that the […]
In the Netherlands, ICIS reports that FOB Rotterdam EU T2 ethanol prices have fallen to $522 per cubic meter, the lowest since September 2016, pushing crush margins into negative territory for European producers. With the European Union capping conventional ethanol at 7% through 2020 and likely further through 2030, traders see the European market in […]
In Texas, ICIS reports that the boost biodiesel producers have benefited from over the cold winter months thanks to demand for crude glycerin used to de-ice roads will now begin to wane as spring approaches. The bump in demand typically slows down by mid-March and buyers see no reason why this year should be any […]
In the United Kingdom, ICIS reports that changes in antidumping regulations in the biodiesel market globally in the past year have left the outlook for European biodiesel murky for 2018, with concerns raised about a possible drop in production in the region as a result of the new antidumping landscape. ICIS also reports that Europe’s […]
In California, Genomatica has announced the results of a survey on sustainability issues in the chemical industry. Key findings from 958 respondents include: 69% say their company has a sustainability policy in place or are currently developing one. 67% describe their company’s top business priority in sustainability as either promoting or marketing sustainable products, taking […]
In the UK, the international price reporting service for the global chemical industry, ICIS, has launched a weekly Global Biodiesel report that gives comprehensive coverage of the growing biodiesel market. ICIS has merged its regional biodiesel reports for Asia, Europe and the Americas into one global report now that the biodiesel markets have become more […]
