Following pressure from an important political constituency in the Farm Belt, the Trump administration said on 14th September that it rejected scores of requests from U.S. oil refiners for waivers that would have retroactively spared them from their obligation to blend ethanol into their fuel, reported Reuters.
India – Setting up of escrow account to help millers with weak balance sheets to secure loans for new distilleries [Full subscriber]
Sugar mills, oil marketing companies (OMCs) and banks are willing to enter into an agreement to create an escrow account to enable sugar factories to secure soft loans for setting up distilleries, the food ministry said on 22 August.
The reform in the sugar sector has helped increase both sugar and ethanol output, according to Gashaw Ayichluhim, Corporate Communication Executive Officer, Ethiopian Sugar Corporation, reported The Ethiopian Herald.
India – Progress being made with increasing ethanol blending rate, but more new build is needed [Registered]
Ethanol supply contracts for 1.7 billion litres have been entered into between ethanol manufacturers/sugar mills and oil marketing companies (OMCs) for the current ethanol supply year (ESY, December-November) 2019-20, according to local press reports
Brazil is likely to produce 41 million tonnes of sugar in the 2020/21 campaign, according to the consultancy Job Economia, reported Reuters.
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).
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.
On the back of RenovaBio policy, the biofuel sector is expanding as sugar-energy groups invest in increasing capacity.
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.
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.