Jamaica Broilers nabs $1.8 billion in ethanol sales in 2nd half of 2007
In Jamaica, Jamaica Broilers Group achieved $1.8 billion in ethanol sales for the fourth quarter of 2007, up on prices increase from $1.75 per gallon to $2/.20 per gallons at its 60 Mgy ethanol processing plant, which became operational last July.
Jamaica Broilers story offers a cautionary tale, silver linings for ethanol entrepreneursIn Jamaica, more details have emerged in a Jamaica Observer article about the start-up woes of the Jamaica Broilers ethanol operation. It provides an excellent summary of the risks and trading conditi...
Jamaica Broilers doubles earnings as 60 Mgy ethanol plant powers growthIn Jamaica, the Jamaica Broilers conglomerate announced that it had doubled its net profit to $180 million for the first quarter of its fiscal year due to the successful launch of the company's 60 Mgy...
Jamaica Broilers CEO optimistic about ethanol; says JB costs are lower than US; ethanol price drops related to East Coast distribution problemsJamaica Broilers said that US ethanol prices are depressed because, as the US ethanol industry expanded distribution, "manufacturers in the US Midwest corn belt were forced to drop their prices in ord...
Iowa E85 sales double, still below 1 percent of total gasoline salesIn Iowa, the Department of Revenue confirmed that E85 sales for the first half of 2008 reached 3.5 million gallons, already surpassing total 2007 sales. Overall, E85 sales for the state are well under...
Petrobras negotiating with Petrojam to use Jamaica as ethanol distribution hubIn Brazil, Petrobras is negotiating to use Petrojam's Kingston, Jamaica port to distribute ethanol to Latin America and the Caribbean. The project was the subject of discussions by Brazilian President...
$25 billion in 2007 global biofuels sales, to reach $81 billion in 2017The Clean Edge report on the market size of the renewables industry was released, and said that biofuels achieved $25.4 billion in revenues in 2007 from sales of 15 billion gallons of fuel. The market...
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