In Thailand, the Bangkok Post newspaper reports that energy major PTG has allotted $15.5 million for this year to invest in its PPP Green Complex joint venture it operates together with partners Thachang Green Energy and RD Kasetpattana. The facility that produces 450,000 liters per day of biodiesel and another 200,000 liters per day of […]
In Illinois, Platts reports that the Chicago Argo ethanol benchmark price has fallen to a historic low of $1.04/gallon on the back of falling demand brought about by the coronavirus outbreak that is keeping people at home and off the roads. The last time the price was near this level was in July 2003 when […]
In the Netherlands, Royal DSM, SABIC, and UPM Biofuels announced a partnership that will help to reduce the environmental footprint of Dyneema®, the world’s strongest fiber. The collaboration will see Dyneema transition to bio-based feedstock leveraging SABIC’s ground-breaking TRUCIRCLE™ solutions for certified renewable products. As such, DSM is delivering on its commitment to improve the […]
In Brazil, Bloomberg reports that the country’s fledgling corn-based ethanol industry is taking the hardest hit from the sudden drop in oil prices that are in turn pushing ethanol prices into the floor. Already crush margins for corn-based ethanol in Goias state have flipped negative and if the trend continues for much longer, as many […]
In Belgium, Horizon Magazine reports that the European Committee for Standardization commissioned a report from its Dutch counterpart NEN to look at the impacts of raising ethanol blending to 20% in Europe as a baseline to help develop future standards for the higher blend by 2030. The study showed that vehicles manufactured after 2011 should […]
In Brazil, Platts reports that ethanol prices have tanked in response to OPEC failing to agree on production cuts, a spat particularly focused between Russia and Saudi Arabia, which in the face of coronavirus impacts that are expected to cut demand for fuel, has also pushed down ethanol prices. Ethanol prices last week were reported […]
In Washington, Politico reports that the White House is trying to organize a meeting between President Trump, the Secretary of Agriculture and the Administrator of the Environmental Protection Agency this week to decide whether or not to appeal the January 10th Circuit Court of Appeals decision ruling on small refinery hardship waivers. The court recently […]
In Turkey, the Middle East Monitor says that local press is reporting the government’s decision to temporarily halt its ethanol blending program for up to three months in order to free up supplies to produce disinfectants and colognes to battle the spread of coronavirus after the country had its first five confirmed cases last week. […]
In Malaysia, Platts reports that on the back of lower palm oil demand from India which has pushed down prices during the first quarter, the government will cut the export duty on crude palm oil exports to 5% in April from 6% currently after palm oil prices fell through the current reference price band. Coronavirus […]
In Minnesota, the Associated Press reports that electric vehicles groups, biofuels supporters, agriculture associations and others are coming together to promote a low-carbon fuel standard for the Midwest, an initiative led by the Great Plains Institute, as they seek to move beyond disagreements and find a policy neutral solution to decarbonizing the region’s transportation. Policy […]
