In Indonesia, the Jakarta Post newspaper reports that the president’s ambitious plans to boost biodiesel blending to 40% by next year are seen by experts as probably too ambitious and will be very difficult to implement. They say that it will take more than a year for biodiesel producers to boost production and achieve the […]
In Germany, in the past year, Germany exported, but also imported, record high amounts of biodiesel. Whereas Poland was the second most important export destination two years ago, Belgium moved up to that position in 2019. In the calendar year 2019, German foreign trade in biodiesel, both imports and exports, climbed to a record high. […]
In Washington, D.C., ethanol production slowed, declining 3.2% or 35,000 barrels per day (b/d), to 1.044 million b/d—equivalent to 43.85 million gallons daily, according to EIA data issued by the government and analyzed by the Renewable Fuels Association (RFA). However, the four-week average ethanol production rate increased 0.3% to 1.054 million b/d, equivalent to an […]
In Brazil, Reuters reports that “Brazil’s state-controlled oil company Petrobras cut gasoline prices at refineries in the country by almost 10% on Thursday, the first cut since last week’s oil price collapse, a move that could boost sugar production and reduce ethanol output.” The oil company, which has a near refining monopoly in Brazil, reduced […]
In New York, Reuters reports that “U.S. ethanol producers are feeling the pain as margins on the corn-based fuel slumped this week to an eight-year low for this time of year, weighed by concerns over lower fuel demand from the coronavirus and the recent collapse in oil prices.” According to Reuters, “The coronavirus outbreak is […]
In New York, Amyris reports a strong quarter of recurring revenue growth at $40.5 million which is a 148% increase over Q42018, and a Fiscal 2019 total revenue of $152.6 million, an increase of 140% over Fiscal 2018, with a more than doubled recurring revenue year over year with gross margin of 56%. “We delivered […]
In California, advanced renewable fuels and biochemicals company Aemetis achieved 123% year over year revenue growth at their India plant. Revenues were $52.1 million for the fourth quarter of 2019, compared to $38.8 million for the fourth quarter of 2018. Revenues increased 18% to $202 million for the twelve months ended December 31, 2019, compared […]
In Sweden, Preem has chosen Haldor Topsoe’s HydroFlex renewable fuel technology to produce clean renewable diesel and jet fuel at their Gothenburg refinery in Sweden. The 16,000 barrels-per-day unit will have a yearly production capacity of approximately one million cubic meters of fuels which corresponds to about 25% of Sweden’s estimated consumption of renewable fuels […]
In Sweden, Preem has chosen Haldor Topsoe’s HydroFlex renewable fuel technology to produce clean renewable diesel and jet fuel at their Gothenburg refinery in Sweden. The 16,000 barrels-per-day unit will have a yearly production capacity of approximately one million cubic meters of fuels which corresponds to about 25% of Sweden’s estimated consumption of renewable fuels […]
In North Dakota, Senator John Hoeven announced that Red Trail Energy will begin the drilling of a stratigraphic well, designed with the intent to be permitted as a Class VI injection well and used to sequester carbon dioxide (CO2) from the company’s ethanol plant in Richardton, North Dakota. The drill pad for the well is […]
