In Washington, the Energy Information Administration reports ethanol production held mostly steady last week at 1.043 million barrels a day, falling only 14,000 barrels compared to the week prior and 9,000 compared to the year prior. With summer driving season in full swing, stocks fell 194,000 barrels last week to 23.423 million barrels but remained […]
In the UK, bp said it has agreed to acquire Bunge’s 50% holding interest in its bp Bunge Bioenergia S.A. joint venture, one of Brazil’s leading biofuels-producing companies. Upon completion, bp said it will become sole owner of the industrial scale sugarcane and ethanol business. The enterprise value of the stake to be acquired is […]
In Brazil, S&P Global reports Alphamar Shipping Agency estimates 17 million metric tons of corn is destined for ethanol production during 2024/25 compared to 13.26 million tons. With increased demand for corn as an ethanol feedstock, prices are rising and encouraging growers to plant more of the crop. Higher prices will also make potential exports […]
In Brazil, Reuters reports bp plans to expand its biofuel production following the buyout of its 50/50 JV with Bunge in the country. Second generation ethanol, e-fuels, biogas and sustainable aviation fuel are likely on the cards with BP Bunge Bioenergia’s massive 11 ethanol plants around the country ready to scale. Most sugarcane refiners in […]
In Brazil, Case IH has worked in partnership with FPT Industrial to develop an ethanol-powered engine. Case IH presented the prototype at this year’s Agrishow in Ribeirão Preto, Brazil. The Cursor 13 propellant is a prototype for the use of fuel derived from sugarcane. It is currently in the development phase and will be tested […]
In Brazil, the Foreign Trade Chamber at Brazil’s Ministry of the Economy (CAMEX) upheld an 18 percent tariff on U.S. ethanol last Thursday. With support from the Brazil Association of Fuel Importers (ABICOM), the U.S. ethanol industry and the U.S. government previously submitted comments advocating for permanent tariff removal during a public consultation period that […]
In India, PV Magazine India reports Jakson Green has won the tender to build the world’s first flue gas CO2-to-4G ethanol plant. The licensing and EPC contract is expected to last two years to bring the facility that will synthesize 25 tons per day of CO2 captured from flue gas using Veolia’s Carbon Clean technology […]
In India, the Economic Times newspaper reports ethanol blending passed 15.4% for the first time last month at 670 million liters of blended ethanol, well over the 515 million liters blended in April that tipped the scales over 12%. The current national average for the year that began in October is 12.6%, compared to 1.5% […]
In Washington, Brownfield Ag News reports ethanol production fell slightly last week but was about on par compared to last year at 1.023 million barrels a day. Stocks are also building back up following the drawdown during maintenance season, reaching a three-week high at 23.222 million barrels. Ethanol imports remained strong at 125,000 barrels a […]
In Washington, Brownfield Ag News reports Energy Information Administration data shows ethanol production rose last week to the highest level seen since March at 1.072 million barrels per day as maintenance season ended and facilities came back online. Despite increased production and lower exports week-on-week, stocks fell to a six-month low of 23.052 million barrels. […]
