In Brazil, Platts reports that hydrous ethanol sales in March fell by nearly 17% to 1.48 billion liters as high prices cut demand. Hydrous ethanol prices rose to record highs before the sugarcane crush ramped up to add additional supplies which in turn pushed the ethanol parity with gasoline to 71.63%. Drivers typically opt for […]
In Canada, Cielo Waste Solutions Corp. has issued a promissory note in favor of 1823741 Alberta Ltd., operating as Kwik-Fab Energy Services, a long-time supplier and contractor of the Company’s. Kwik-Fab, as a result of its solid long-term relationship with Cielo, has agreed to provide additional support to Cielo by converting C$1 million of its […]
In Indiana, Circle Logistics has launched a new bulk division to ship ethanol nationwide for hand sanitizer production. Circle plans to increase its ethanol distribution to 1.5 million gallons by the end of May 2020, as part of the COVID-19 response. Circle is currently shipping loads for the United States Federal Emergency Management Agency (FEMA) […]
In the UK, World Grain reports that the US Grains Council said in a Global Grain webinar that global ethanol production could fall to those not seen since 2013 at around 90 billion gallons globally. It said it could take until 2022 for the market to recover post-COVID-19. Despite the fall in production, it estimates […]
In Nebraska, ICIS reports that despite the drop in fuel consumption due to COVID-19, Green Plains expects China to make good on its promise to buy ethanol from the US. Ethanol purchases are part of the phase 1 trade deal that is meant to end the years-long trade war between the US and China that […]
In Brazil, Platts reports that hydrous ethanol prices that had taken a hit due to the start of the sugarcane crush together with falling demand from COVID-19 impacts have begun to strengthen. Prices rose 7.5% from the recent low in late April in response to higher oil prices that have jumped significantly from their own […]
In Connecticut, FuelCell Energy, Inc. says the commencement of site construction for its 1.4 megawatt SureSource 1500 biofuels fuel cell project with the City of San Bernardino Municipal Water Department (SBMWD) in California. The project is expected to become commercially operational in December 2020. Key highlights include: The SureSource 1500™ power plant will operate on […]
In Finland, Valmet will supply automation to AustroCel’s bioethanol plant currently under construction in Hallein, Austria. The advanced automation technology will provide the plant with high operational flexibility, reliability and availability in producing biofuel to replace fossil fuel. The order was included in Valmet’s orders received of the first quarter 2020. The value of the […]
In Brazil, Reuters reports that with the 50% drop in fuel demand and the related hit on ethanol demand that has cut the profitability of ethanol production, sugarcane mills are switching quickly to sugar production. The national supply agency Conab now estimates that sugar production will jump 18.5% this season with a corresponding fall of […]
In Nebraska, Bloomberg reports that as COVID-19 stay in place restrictions ease, people will move away from public transport and opt for private vehicles, giving a boost to biofuel demand. Calling it a “potential tailwind”, Green Plains’ CEO says that post-COVID-19 will look different than before the pandemic and could help to boost demand for […]
