Category: Fuels

UK government announces funding for four waste-to-energy plants

UK government announces funding for four waste-to-energy plants

December 30, 2019 |

In the UK, household waste, unused straw from farmland and old wood will be amongst the unusual components used by 4 world-leading UK-based plants to produce green fuels with support from government funding announced Monday. Between 2018 and 2032 low carbon fuels are expected to save nearly 85 million metric tons of CO2 – equivalent […]

Read More

REG expects up to $470 million in retroactive biofuel tax credits

REG expects up to $470 million in retroactive biofuel tax credits

December 30, 2019 |

In Iowa, Renewable Energy Group reported in an SEC 8-K form that following reinstatements and extensions of a set of tax provisions, including the retroactive reinstatement for 2018 and 2019 and extension for 2020 through 2022 of the federal biodiesel mixture excise tax credit, with respect to the business it conducted in 2018 and in […]

Read More

Global rapeseed area stable

Global rapeseed area stable

December 29, 2019 |

In Germany, UFOP reports that whereas the rapeseed areas in the EU-28, Russia and China are expected to see a slight rise in the coming marketing year, the production area will presumably remain constant in Canada and likely decline somewhat in Ukraine. According to the latest information published by the International Grain Council (IGC), the […]

Read More

BNDES agrees to debt financing of nearly $500M for combined-cycle gas power plant

BNDES agrees to debt financing of nearly $500M for combined-cycle gas power plant

December 29, 2019 |

In Brazil, a joint venture between Patria, Shell, and Mitsubishi Hitachi Power Systems is getting over 2 billion Brazilian Real, or nearly $500 million USD, from Brazil’s National Bank for Economic and Social Development, BNDES, that will be spread over 24 years, for a 565 MW natural gas thermoelectric power plant in the municipality of […]

Read More

U.S. wheat and soybean futures reach highest prices since Summer 2018

U.S. wheat and soybean futures reach highest prices since Summer 2018

December 29, 2019 |

In Illinois, Reuters reports that U.S. wheat and soybean futures jumped on Friday to their highest prices since summer 2018 on expectations for increased Chinese buying as a result of an initial trade deal and that corn futures set an eight-week high. There is more optimism in wheat thanks to the scope for U.S. sales […]

Read More

Ethanol production expands 1.8%, reaches 28 week high

Ethanol production expands 1.8%, reaches 28 week high

December 29, 2019 |

In Washington, D.C., ethanol production expanded by 19,000 barrels per day (b/d), or 1.8%, to 1.083 million b/d— equivalent to 45.49 million gallons daily and a 28-week high, according to EIA data analyzed by the Renewable Fuels Association. The four-week average ethanol production rate continued its rise for the tenth consecutive week, up 0.6% to […]

Read More

U.S. blenders tax credit decision to support Neste’s 2019 result

U.S. blenders tax credit decision to support Neste’s 2019 result

December 29, 2019 |

In Finland, the U.S. Blender’s Tax Credit (BTC) was approved retroactively for the years 2018 and 2019, as well as for the years 2020–2022, which Neste says will have a positive impact on the company’s comparable operating profit in the last quarter of 2019. The retroactive reinstatement of the BTC is expected to improve Neste’s […]

Read More

Amyris ships first fermentation derived cannabinoid to LAVVAN

Amyris ships first fermentation derived cannabinoid to LAVVAN

December 29, 2019 |

In California, Amyris successfully shipped the first cannabinoid to its partner, LAVVAN. These ingredients are produced with Amyris’s fermentation technology platform which allows Amyris to scale ingredients that are rarer within the cannabis plant, and difficult and extremely expensive to extract in quantity. Amyris is also well on its way to the shipment of a […]

Read More

Indonesian palm oil biodiesel exports fell 6.7% in October to 3.04 million tons

Indonesian palm oil biodiesel exports fell 6.7% in October to 3.04 million tons

December 26, 2019 |

In Indonesia, Reuters reports that palm oil biodiesel and oleochemical exports fell 6.7% in October compared to September at 3.04 million metric tons on the back of lower production that month brought on by drier weather. Stocks fell slightly in October by 20,000 tons to 3.71 million tons. Indonesia has been focusing on increased domestic […]

Read More

Specialist Nutrition to supply ethanol byproducts from Attis Industries direct to NY livestock industry

Specialist Nutrition to supply ethanol byproducts from Attis Industries direct to NY livestock industry

December 26, 2019 |

In Ireland, Specialist Nutrition has decided to take a gamble and hop the pond, making its first US investment in New York where it has signed a EUR135 million deal with Attis Industries to supply wet animal feed produced from Attis’s recently acquired ethanol plant. Specialist Ingredients will act as the middleman, supply wet feed […]

Read More

}