In France, Reuters reports Cristal Union was able to completely offset the loss in demand for ethanol last year resulting from the global COVID-19 pandemic by instead selling 500 million liters of ethanol to make disinfectants. Its sales to the disinfectant market rose 10-fold on the back of the demand for hand and other sanitizers. […]
In Japan, Neste and ITOCHU Corporation have announced that they are joining forces to deliver renewable diesel to the Japanese market. In this collaboration, ITOCHU Corporation will be the first company in Japan to sell and distribute renewable diesel from Neste. In addition, FamilyMart, which is owned by ITOCHU Corporation and is one of the largest […]
In Illinois, Reuters reports that data from the U.S. Commodity Futures Trading Commission in the Commitment of Traders report from last week shows funds have reversed their liquidation of long positions in corn and again turned bullish in the face of weather uncertainties that may damage the crop as well as increased domestic and foreign […]
In Washington, the Renewable Fuels Association says American exports of ethanol scaled back 15% in April to 112.7 million gallons (mg). A quarter of all gallons crossed the border into Canada (27.8 mg, a 19% decline from March). Shipments to India declined 2% to 16.4 mg, and China cut its imports by 76% to 11.8 […]
In Nebraska, KOLN TV news reports that AltEn has had its conditional use permit stripped by the Village of Mead Board in a unanimous vote following 30 minutes of debate. Although the company’s attorney said suspension rather than revocation would facilitate clean up, the community pushed for revocation in fear that the company could find […]
In Washington, Brownfield Ag News reports Energy Information Administration data shows ethanol production not only rose last week to an average of 1.067 million barrels a day, but stocks also increased to 19.96 million barrels, the highest seen in five weeks. As people continue to get vaccinated and life returns to normal, so is demand […]
In India, high sugar exports for the second sugar season (SS; October-September) in a row, coupled with increased supplies of ethanol – and at remunerative prices – for blending with petrol, will improve the operating profitability of integrated sugar mills by 75-100 basis points (bps) to 13-14% this fiscal, a CRISIL Ratings analysis shows. Also, […]
In Washington, at the request of the National Transportation Safety Board, the Renewable Fuels Association published an update to its Best Practices for Rail Transport of Ethanol manual. For years, the publication has served as an important and trusted educational tool promoting regulatory compliance and best practices for the continued safe transport of ethanol via […]
In Minnesota, Greenfield Global Inc. has reached an agreement with Central Farm Service (CFS) for the supply of corn to its newly acquired ethanol plant in Winnebago, MN. Greenfield acquired the Winnebago plant end of last year and will be ready to start the production renewable ethanol of as early as the fall of this […]
In Georgia, Brightmark will build the world’s largest advanced plastics recycling and renewal facility in Macon-Bibb County, Georgia. The total investment is expected to be more than $680 million in a new plant intended to fully utilize the 5.3 million square-foot site, which will employ a state-of-the-art and proprietary plastics renewal process that sustainably recycles […]
