India – OMCs reduce ethanol offtake amidst coronavirus lockdown as gasoline demand plunges [Full subscriber]
With the demand for transportation fuel down by over 50% amidst the coronavirus lockdown, producers are facing difficulties in supplying ethanol to the oil marketing companies (OMC) who blend it in fuel, according to local press reports.
COVID-19 related impact on the staggering rise in unemployment (3.3 million people filing for benefits in the 4th week in March) plus the attendant restrictions on movement is invariably resulting in people driving much less than before, thereby reducing demand for transportation fuels – both gasoline and ethanol – according to the study1 published by economists the University of Illinois on March 26.
Ethanol production in the 2020/21 campaign is expected to fall by up to 24% compared to the 19/20 season, according to the analysis by the research economist Haroldo Torres at Pecege (Continuing Education Program in Economics and Business Management).
Ethanol producers are compiling a list of proposals to the federal government to bail them out amid the collapse of demand emanating from both the coronavirus outbreak and plunge in crude oil prices, reported Valor Economico.
Turkey has temporarily scrapped the requirement to include ethanol in gasoline in a bid to boost disinfectant production in the country to help stem the coronavirus outbreak, the country’s industry and technology minister said on 13th March.
The Indian government had received hundreds of proposals from sugar mills seeking a soft loan under the newly legislated national biofuels policy encouraging expansion in capacity through new build activity. However, ethanol production capacities haven’t come on-stream at the desired pace despite swift approval from the food ministry to the proposals, according to local press reports.
Some ethanol producers worldwide said demand is up for their products due to customers stockpiling hand sanitizer – which can be made using the industrial ethanol – as the coronavirus outbreak worsens, reports Reuters.
Combination of eutectic solvents and genetic engineering advances cellulosic biofuels production [Registered]
the international team of researchers led by The Korea Institute of Science and Technology (KIST) have developed a process that leverages the genetic engineering of lignin and bio-derived deep eutectic solvents (DESs).
Researchers at the Institut National de la Recherche Scientifique (INRS) claim to have developed a fairly cost-effective process to produce biodiesel from washed municipal secondary sludge fortified with crude glycerol mediated by the oleaginous yeast, Trichosporon oleaginosus.
The Canadian biofuel start-up FORGE Hydrocarbons Corp recently announced an equity investment from Shell Ventures and a follow-on contribution from Valent Low-Carbon Technologies, which will help build a first-of-its-kind CA$30 million (US$22.4 million) commercial-scale, biofuel production plant in Sombra, Ontario, Canada.