In California, Boston-based advanced biofuel producer, World Energy, LLC announced that it has closed on the purchase from Delek US Holdings, Inc. of its interests in renewable jet and diesel producer AltAir Paramount, LLC, its Paramount Petroleum, LLC refinery assets, both collocated in Paramount, CA, as well an adjacent tank farm and most of Delek’s […]
In India, Aemetis, Inc. announced that its Universal Biofuels subsidiary in India has completed the construction of an advanced biodiesel pre-treatment unit to process the low-cost feedstocks to be provided to the plant under the BP Singapore Pte Limited (BPS) supply agreement into low carbon high-quality distilled biodiesel. The new pre-treatment unit allows the use […]
In Brazil, Reuters reports that sugar mills are going to extreme measures to reduce the volume of raw sugar available on the global market that is weighing down prices, including putting even more focus than already anticipated on ethanol production as the new crush ramps up. Currently, ethanol fetches the equivalent of 17 cents per […]
In Texas, Platts reports that export demand and challenges with Union Pacific rail logistics from the Midwest to the Gulf region are helping to push up premiums for Houston ethanol to 10.5 cents per gallon despite there being plenty of stocks in both regions. Late February saw the Houston premium reach 14.2 cents, the highest […]
In New Zealand, a global scientific project led by New Zealand researchers, which has generated a reference set of genome sequences of microbes found in the stomachs of sheep and cattle, has been published in the respected international scientific journal Nature Biotechnology. The project, called the Hungate1000, was led by former AgResearch scientist Dr Bill […]
In Washington, Renewable Fuels Association General Counsel Ed Hubbard testified at a hearing titled “Post Tax Reform of Recently Expired Tax Provisions.” RFA testified in support of several key tax incentives that have been critical to the growth and development of the nation’s biofuel industry. RFA conveyed how important steady, long-term tax support is for the […]
In Minnesota, Al Corn will bring online its $146 million expansion in early April, well ahead of the original July commissioning date, having receiving its first bushels of corn last week. Boosting its corn consumption to 46 million bushels from 17.5 million to produce 120 million gallons of ethanol from the previous 50 million gallons, […]
In Malaysia, boosting the biodiesel blending mandate to 10% could increase palm oil demand by another 300,000 metric tons, bringing domestic consumption above 1 million tons. With low palm oil prices and crude oil around $60 per barrel, the country’s biodiesel association believes now is the right time to increase the blend. The final decision […]
In Brazil, Copersucar expects ethanol production to reach 27.5 billion liters in the season starting April 1, 5.4% more than the year prior, with a total of 585 million metric tons of cane crushed during the April 2018-March 2019 period. The crush estimate is 10 million tons lower than this past year’s season. Datagro, on […]
In Australia, KAP Federal Member for Kennedy, Hon Bob Katter MP says that when it comes to national security there is only one answer; Australia must produce its own fuel. Katter’s comments come in response to Parliament’s National Security Committee who last week said Australia’s low fuel supplies need to be bolstered within six months […]
