In Washington, Platts reports that RIN prices trading at a fraction of what they were a year ago— just 1.74 cents/gal last week compared to 94.5 cents/RIN on October 23, 2017—have encouraged imports of gasoline from Europe and Canada into East Coast ports, especially since many refiners are running below capacity and Philadelphia Energy Solutions […]
In Brazil, FS Bioenergia broke ground last week on its second corn-based ethanol plant in Mato Grosso. The US$267 million facility is expected to come online in 2020 when it will produce 530 million liters of ethanol annually—double the size of its current facility in Lucas do Rio Verde—and will power the plant by using […]
In the Netherlands, Platts reports that ongoing logistical challenges due to the Rhine River’s continued low levels have pushed rapeseed-based biodiesel to an all-time high of $1,422/mt FOB ARA, more than $100 per ton higher than the week prior. In line with higher RME prices, the premium for RME over FAME 0 also hit an […]
In Michigan, scientists at the Great Lakes Bioenergy Science Center investigated how five different feedstocks affected process and field-scale ethanol yields. Two annual crops (corn stover and energy sorghum) and three perennial crops (switchgrass, miscanthus, and restored prairie) were pretreated using ammonia fiber expansion, hydrolyzed, and fermented separately using yeast or bacteria. They found that […]
In Washington, Reuters reports that the ethanol industry is suffering heavily from the Trump Administration’s trade war with China as demonstrated by a number of quarterly filings by ethanol companies last week. Without China to buy 200 million gallons of ethanol, trade that has dried up due to the ongoing trade war, the US market […]
IEA Bioenergy Task 42’s goal is to contribute to the development and deployment of integrated biorefineries as part of highly efficient sustainable value chains (co-)producing food/feed ingredients, chemicals, materials, fuels, power and/or heat out of sustainably sourced biomass (wood, crops, residues, etc.) as base for a global BioEconomy. Here we have a recent deck from Avantium […]
Each year at ABLC, we have had the great fortune to have in our opening panel a tremendous sector overview from Roger Wyse, the Co-CEO of Spruce Capital and one of the foremost venture capitalists in the US and before that one of our top researchers. Spruce Capital Partners is co-manager of the Malaysia Life […]
The bunting is down, the bands have retreated and ABLC Global is now in the rear-view mirror — all the bustle of 625 delegates raising a din of deal-making so loud in the anterooms that delegates had to routinely flee to other floors to be heard. It was, at times, not unlike the old trading […]
In Brazil, Biosev, a sugar and ethanol company owned by Louis Dreyfus Company, agreed to sell the Giasa mill to M&N Participações S/A, the parent company of the Olho D’Água Group, for R$ 70 million, or about $18.7 million, making it one of the largest in the Brazilian sugar and ethanol industry. Biosev sold the […]
In Finland, Stora Enso makes a high-tech meets eco-friend move by launching a new sustainable paper-based RFID tag technology called ECO, designed for intelligent packaging functionalities in supply chain, retail and e-commerce applications. Intelligent Packaging by Stora Enso develops and delivers RFID (Radio Frequency Identification) technology, which allows the packaged product to be automatically tracked, […]
