In Indonesia, the Jakarta Post newspaper reports that the national palm oil association believes the main reason for major importing countries to hold off on their purchases in January was because they were waiting for the implementation of Indonesia’s B30 mandate and want to wait and see what happens. January exports to China were down […]
In Singapore, Platts reports that Neste believes global demand for renewable diesel will soar to more than 20 million metric tons over the next decade from just 5 million tons last year thanks to demand for sustainable aviation fuel as well as for road transportation in addition to chemical and polymer demand. By mid-2022, the […]
In Illinois, with billions of gallons of ethanol production capacity shutting down in March and April in response to falling demand and negative crushing margins, the News Tribune newspaper reports that Marquis Energy has assured its local community that it has no intention of shutting down. The company’s CEO sent a letter to farmers and […]
In Washington, Reuters reports that Energy Information Administration data shows January biodiesel production was steady at 134 million gallons, just one million gallons higher than in December. Biodiesel production is expected to increase again following the renewal of the biodiesel producers tax approved at the end of 2019. Although January biodiesel production still came predominantly […]
In Brazil, Platts reports that hydrous ethanol prices in Brazil’s center-south region have collapsed to two-year lows following record highs just a month ago as oil prices, and therefore gasoline prices, crumble while supplies begin to pick up as mills kick of the crush. Producers were in a race to the bottom in attempt to […]
In the Netherlands, during the coming weeks Stena Bulk will perform a test running an MR tanker on 100% biofuel. The fuel is the MR1-100 bio-fuel oil, produced from used cooking oil and supplied by GoodFuels in Rotterdam, the Netherlands. It has been bunkered onto the Stena Immortal and will be used to power the main engine in normal […]
In Iowa, Bloomberg reports that Green Plains expects as much as 4 billion gallons of ethanol production to come offline by the end of April, twice as much as the Renewable Fuels Association predicted would shut down by the end of March. With oil prices falling to $20 a barrel and COVID-19 keeping drivers off […]
In Finland, Neste has been ranked as the most sustainable brand within the fuel industry according to Finnish consumers. The Sustainable Brand Index™ study interviewed a total of 9,480 Finnish consumers, aged 16 to 75, on several brands. The ranking shows how sustainable a brand is perceived to be by consumers, and why. The respondents evaluated […]
In Nebraska, Siouxland Ethanol will be suspending ethanol production in April 2020 on the back of the negative impact of the COVID-19 pandemic on gasoline and ethanol demand in the United States. The company anticipates that total U.S. fuel ethanol production needs to be reduced by at least 50% until gasoline demand recovers. While we […]
In California, ICIS reports that similar to many other ethanol producers across the US, Pacific Ethanol told investors that it will mothball 60% of its ethanol production before April as COVID-19 related lockdowns keep drivers off the road, which is estimated to cut fuel demand by at least 50%. Although the company has joined the […]
