In Massachusetts, the Baker-Polito Administration’s Department of Transportation (MassDOT) announced the awarding of nine grants totaling more than $2.7 million from the Industrial Rail Access Program (IRAP) to enhance rail and freight access, economic opportunity, and job growth. Among the winners was Broco Oil who recently announced a deal to supply the City of Boston […]
In India, Autocar Professional reports that mini-compressed biogas plants are about to take off following the issuance of more than 500 Letters of Intent by the three main oil marketing companies to entrepreneurs under the Sustainable Alternative Towards Affordable Transportation that seeks to produce 15 million metric tons annually of compressed biogas by 2023. Total […]
In Indonesia, Reuters reports that Indonesia is taking its trade war with the European Union over biodiesel very seriously, upping the ante to include blocking imports of European alcohol on top of those lobbed onto European dairy products in retaliation for antidumping tariffs on Indonesian biodiesel and a ban on palm oil-based biodiesel. The European […]
In the Netherlands, Platts reports that the European spot ethanol market has experienced volatility over the past several months due to reliance on imports, a trend that is not expected to change going into 2020 has a tight market mixed with historically high prices runs up against higher mandates in much of Europe as countries […]
In Brazil, Petrobras reports that its wholly owned subsidiary Petrobras Biocombustíveis S.A. (PBio) has started the opportunity disclosure phase (teaser) related to the joint sale of all its shares in BSBios Indústria e Comércio de Biodiesel Sul Brasil S/A (“BSBios”). PBio holds a 50% stake in BSBios and will sell it together with its partner, […]
In Indonesia, the Antara news agency reports that while the president officially launched B30 on Monday, he announced his government that despite the moratorium on planting new palm oil plantations, it will continue to promote the replanting of existing plantations, seeking to replant 500,000 hectares by over the next three years. In an effort to […]
In Mozambique, the American National Standards Institute (ANSI), through its public-private partnership with the United States Agency for International Development (USAID), the Standards Alliance, organized a one-day workshop on biofuel standards for household cooking and transportation in Maputo, Mozambique, on November 14, 2019. This event was led by the founders of Garner Advisors, and in […]
In California, Pacific Ethanol, Inc. entered into long-term amendments to its senior secured notes and to its term loans with CoBank and Compeer Financial for its Pekin and Illinois Corn Processing plants. Pacific Ethanol has entered into an amendment extending the final maturity of the company’s senior secured notes by two years to December 15, […]
In Washington, the U.S. Department of Agriculture (USDA) Commodity Credit Corporation (CCC) announced that it does not expect to purchase and sell sugar under the Feedstock Flexibility Program for crop year 2019, which runs from Oct. 1, 2019 to Sept. 30, 2020. The CCC is required by law to quarterly announce estimates of sugar to […]
In Finland, Finnish AT-Tuote is launching an environmentally-friendlier industrial lubricant AT Renewable Penetrating Lubricant internationally. This is the world’s first industrial lubricant with nearly 100% bio-based content. The product is based on a new formulation: 95% of its content is derived from renewable sources, Neste MY Renewable Isoalkane™ being the key component. Thanks to its […]
