In California, Aemetis, Inc. shared its financial results Q3 2019 demonstrating strong growth from its India biofuels plant and reporting a 145% year to date increase in biodiesel sales volumes from 15,176 metric tons to 37,104 metric tons. Aemetis’ third quarter of 2019 included significant announcements related to the market expansion of its India plant […]
In Indiana, Bloomberg reports that Integrity Biofuels has become the tenth biodiesel plant to close this year as the industry waits for Congress to extend the biodiesel tax credit that lapsed 22 months ago. Biodiesel producers have long expected the tax credit to be renewed so many made the decision to lower prices ahead of […]
In Japan, Mitsui & Co., Ltd. will acquire an equity interest in China-based next-generation ethanol producer Beijing Shougang LanzaTech New Energy Technology (SGLT). After obtaining the appropriate licenses and permissions, Mitsui plans to invest around $8.5 million in SGLT via a third-party allotment implemented by the company. SGLT is the world’s first commercial-scale producer of […]
In Turkey, the Daily Sabah newspaper reports that biodiesel production for the year through August rose 18% against the same period in 2018 at 78,000 metric tons compared to 66,000. The industry produced a total of 108,609 tons, primarily from waste oils but also from canola and safflower but is expected to pass 120,000 tons […]
In Colorado, Gevo, Inc. announced it has signed a Fuel Sales Agreement with Scandinavian Airline System (“SAS”) to produce and supply sustainable aviation fuel for use and distribution in low carbon fuel regions of the United States. With the finalization of this new supply contract, Gevo will supply SAF to SAS from Gevo’s expanded Luverne, […]
In Singapore, Platts reports that Golden Agri expects palm oil prices to return to around the $700 per metric ton FOB Belawan mark in the next six months compared to current Malaysian futures levels of $612.50/mt on the back of Indonesia’s B30 mandate. The policy is set for implementation on January 1, 2020. The company […]
In Washington, DTN reports that Energy Information Administration data shows that ethanol stocks fell last week to their lowest in two years, again, despite production continuing to increase over the past seven weeks. Ethanol stocks fell to 20.985 million barrels, 889,000 barrels lower than the week prior, with losses seen in all major regions including […]
In Australia, the government has announced the development of a new roadmap to enhance the growth of Australia’s bioenergy sector and identify the role bioenergy can play in Australia’s future energy mix. Bioenergy is a renewable energy source created from organic and renewable materials, also known as biomass. Biomass can produce heat, electricity, biogas and […]
In India, the Business Standard newspaper report that Uttar Pradesh announced it is development an action plan to speed up the development and implementation of ethanol produced from crop waste in response to the government’s ordering it, Punjab and Haryana from burning their straw. Burning crop waste has caused severe air pollution over the past […]
In Malaysia, the Malay Mail newspaper reports that the government plans to help smallholder oil palm farmers set up cooperatives in an effort to improve production planning and in turn increase efficiency in the sector. Ten cooperatives have already been set up with seed funding from the national palm oil board but it’s too soon […]
