In Illinois, Reuters reports that a Swiss energy trading company has filed suit against Archer Daniel Midland in US District Court in Urbana, accusing the global grain and ethanol giant of manipulating ethanol prices in order to profit from a short position it held in the futures market. The suit says the company would aggressively […]
In Minnesota, Epitome Energy expects to be one step closer to its planned $150 million soybean crush and biodiesel facility with the start of its permitting process. The company recently secured a $250,000 loan from the City of Crookston where the facility will be located as well as $5 million the company will indirectly benefit […]
In Malaysia, the Malaysian Reserve newspaper reports that as the country continues to look for ways to get back at the European Union for banning palm oil as biofuel feedstock, one tactic the government is exploring is to remove from store shelves products that advertise being “palm oil-free” or having “no palm oil.” Indonesia started […]
In India, the Tribune News Service reports that sugar mills in Maharashtra are planning to invest $3.47 billion in expanding ethanol production over the next two years as they work to try to supply the country’s growing ethanol blending mandate and reduce sugar availability in an already flooded market. Currently the state’s sugar mills have […]
In Egypt, local press reports that Delta Sugar company is planning to invest $2 million in the Egyptian Petrochemicals Holding Company’s molasses-based ethanol plant that is under development. The investment, which accounts for 5% of the project’s equity, will be paid out over two years. The deal between the two companies appears to still be […]
In Vietnam, VietnamNet reports that uptake of E5 at the pump continues to be lagging, with the fuel accounting for just 20% of market share during the first half of 2019 compared to just over 30% last year. Fuel retailers put the blame on retail prices that are too similar to standard gasoline, so drivers […]
In Malaysia, the Malay Mail newspaper reports that the country’s primary industries minister said she hopes that more R&D budget will be allocated towards finding alternative uses for palm oil, specifically referring to aviation biofuel as well as household products. She also highlighted increased focus on the national palm oil sustainability scheme which she said […]
In India, the director general of the Indian Sugar Mills Association said the government’s decision to increase ethanol price once again, with special emphasis and a higher increase for ethanol made from B-heavy molasses, confirms the Government’s commitment towards encouraging more diversion of the surplus sugarcane/sugar into ethanol. He also said the second very important […]
In Iowa, the Ames Tribune newspaper reports that the Renewable Energy Group has teamed with Optimus on a B100 trial for the city of Ames. The pilot project will trial the use of B100 in five city vehicles to test whether the fuel could be used year-round, with fossil diesel used for ignition before switching […]
In India, ‘Enfinity’, Praj’s proprietary and award-winning technology, will be deployed to produce ethanol and other co-products using sugarcane bagasse in what would be USA’s first bagasse-based bio-refinery. The bio-refinery is being jointly promoted by Florida based Omega Energy USA, a developer of renewable energy projects, while Louisiana based Lasuca Sugar, a producer of cane […]
