Global biofuel production is forecast to rise by 25% by 2024, with China expected to triple output in the next five years according to the latest International Energy Agency (IEA) report published in late October.
Fractionating corn components elevates the profitability of ethanol production [Full subscriber]
Researchers at the University of Illinois show that implementing fractionation techniques that separate corn components prior to fermentation can improve the profitability of ethanol production.
Brazil – COFCO invests in expanding ethanol production capacity at its mills [Full subscriber]
Chinese commodities trader COFCO International is to expand ethanol production at its four mills in Brazil to increase its competitiveness as returns from sugar are disappointing, reported Reuters.
Researchers convert municipal waste into biofuel precursors [Full subscriber]
Researchers at the Lawrence Berkeley National Laboratory have been successful in producing high yields of biofuel precursors with their process conversion technology exploiting municipal solid waste (MSW).
USA – Trump administration capitulates to farmers over biofuels [Registered]
The Trump administration unveiled a plan on 4th October to boost U.S. biofuels consumption starting next year to help struggling farmers, a move that cheered the agriculture industry but triggered a backlash from Big Oil, reported Reuters.
USA – Trump’s administration granting small refinery exemptions hurts the ethanol industry [Registered]
As the US President Donald Trump faces with mounting anger in the farm belt over policies that allow oil refineries to use less corn-based ethanol, dismal economics that has plagued the US ethanol industry for the past year-and-a-half is beginning to have a significant impact with some plants being shut down or cut back severely on production.
UK – Shell, British Airways and Velocys to build waste-to-biofuels plant pending planning permission [Registered]
Shell, British Airways and Velocys (subsidiary Altalto Immingham) have applied for planning permission for waste-to-biofuels plant from local authorities in North East Lincolnshire. The feedstock will be non-recyclable domestic or commercial waste that would otherwise end up in landfills or incinerators.
Poland – Clariant licenses its sunliquid® technology for commercial-scale production of cellulosic ethanol [Full subscriber]
Clariant has licensed its sunliquid® cellulosic ethanol plant technology to Polish fuel company Orlen, the Swiss specialty chemicals maker said on 20th September.
Brazil – Tariff-free ethanol imports quota increased to 750 million litres [Full subscriber]
The Brazilian government has renewed and increased the size of its tariff-free quota for ethanol imports from 600 million litres to 750 million litres, but the new allotment will last only one year instead of the two years allocated to the former quota that expired on 31st August, according to the country’s official gazette, reported Reuters.
India – Ethanol blending rate expected to rise to 5.8% as output increases [Full subscriber]
India’s average blending rate for ethanol in gasoline is expected to reach a record 5.8%, up from a previous record 4.1% last year and considerably higher than historical levels according to the United States Department of Agriculture’s Foreign Agriculture Service recent report.
Monthly Snapshot
Market overview Raw sugar futures for March was at 12.27 cents per pound. It is apparent that the market is hobbling along, unperturbed by the latest FO Licht update suggesting […]
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