In Washington, D.C., conclusions of a new study commissioned by the U.S. Grains Council show growing ethanol use in India has been linked to increased demand for sanitation products during the COVID-19 pandemic, more ambitious blending targets – now 20 percent by 2023 – and interest from Indian companies in sustainability through bio-based products from […]
In Finland, Neste reports a resilient Renewable Products business and challenging market in Oil Products to start 2021 off and they expect volatility in the oil products and renewable feedstock markets to remain high due to the COVID-19 pandemic. Sales volumes of renewable diesel in the second quarter are expected to be on the same […]
In Finland, Neste released their 2020 financial statements showing an operating profit totaling EUR 828 million (about $995 million) with Renewable Products posting a solid full-year comparable operating profit of EUR 1,334 million (about $1.6 million) and renewable diesel demand remained good during the pandemic, but feedstock markets tightened during the year. Year 2020 in […]
In Washington, D.C., the Renewable Fuels Association said that with COVID-19 cases on the rise again and related actions, consumption of ethanol-blended gasoline is rapidly falling again, threatening to derail an already tenuous economic recovery in the ethanol industry, with U.S. ethanol producers already losing $3.8 billion since the start of the pandemic. Through November, […]
