In Washington, the ethanol industry’s contribution to the U.S. economy remained “robust” last year, as record-setting production offset the impact of lower commodity prices, according to an analysis released today by the Renewable Fuels Association. In 2024, the industry directly supported 56,000 U.S. jobs, along with an additional 258,000 indirect and induced jobs across all sectors […]
In Illinois, CME Group announced its new physically-delivered Ethanol futures and options are now available for trading. A total of five futures contracts traded on February 7, 2025. Ethanol futures are sized at 42,000 gallons, which is in line with CME Group’s benchmark RBOB Gasoline futures and NY ULSD Heating Oil futures. Ethanol futures offer […]
In Washington, the US Department of Agriculture says United States exported record volumes of ethanol in marketing year 2023/24 (September-August), surpassing the record set in 2017/18. In the last decade, export volumes and destinations have shifted. Brazil was once the top U.S. destination, but as Brazil expanded corn ethanol production, the volume of U.S. exports […]
In India, DD News reported that India’s Union Minister for Road Transport and Highways, Nitin Gadkari, said that he will hold a meeting with oil marketing companies (OMCs) after the Delhi elections to discuss bringing ethanol retail prices to a reasonable level. “On February 6 or 7, we will hold a meeting. Petroleum Minister Hardeep […]
In India, the Financial Express newspaper reports that the cabinet has agreed to increase prices for C heavy molasses-based ethanol by 3%. The prices for B heavy molasses- and sugarcane juice-based ethanol remained unchanged. As oil marketing companies buy ethanol predominantly from B heavy molasses and sugarcane juice, the purchasing price for them shouldn’t change […]
In France, Reuters reports Bioethanol France said French ethanol consumption rose 6% in 2024 to 1.6 billion liters despite the fall in consumption of E85 which has grown steadily in recent years due to increased fuel efficiency of cars. The drop in E85 consumption was the first time since 2011. Most ethanol in France is […]
In Brazil, NovaCana reports the Progresso group is making its first investments in a corn ethanol plant that is being built in Uruçuí (PI) and which is expected to start crushing grains between June and July 2026. With a total investment of R$1.18 billion, the project is being carried out in partnership with Brasil Bioenergia […]
In Kenya, Kenyans wrote the president has ordered the Agriculture, Energy, and Treasury to draft rules that would see molasses converted into ethanol in an effort to reduce fossil fuel imports. The ministries have 90 days to submit to the president their suggestions for next steps. To promote domestic production, the president aims to ban […]
In Bulgaria, Renewables Now reported that the Brazilian Development Bank (BNDES) has granted a $36.1 million loan to back the expansion of ethanol production and power generation from sugarcane biomass in Minas Gerais state. The funds will enable local company Companhia Mineira de Acucar e Álcool (CMAA) to add up to 34 MW of installed […]
In India, The Economic Times reported that Union Minister Nitin Gadkari said that India will achieve its target of 20% ethanol blending in the next two months. The practice of blending ethanol with petrol began in 2001 as a pilot project, according to the report. “We will achieve this target of 20% ethanol blending in […]
