In Brazil, Reuters reports that the government has agreed to allow sugar and ethanol companies to raise funds for boosting ethanol production through income tax-free notes in an effort to boost investment as part of the RenovaBio policy. The new rule signed during an ethanol conference in Sao Paulo this week will ensure those who […]
In Illinois, Platts reports that benchmark Chicago Argo ethanol prices have reached $1.6075/gal, 13.6 cents higher than last week and the highest seen since April 2017. Corn prices have been soaring of late, reaching five-year highs of $4.53/bushel, due to wet weather in the Midwest this spring that has delayed and cut corn plantings, and […]
In Brazil, Boeing announced a $1 million investment in Brazil’s efforts to establish a sustainable aviation fuel industry. The investment will focus on initiatives that maximize social, economic and environmental benefits to local communities engaged in the development of feedstock that can be used to produce sustainable aviation fuel (SAF). In 2018, the company provided […]
In Indonesia, the Antara news agency reports that the government estimates widespread adoption of B100 would save $7 billion in foreign exchange. A B100 trial for 50 cars and agricultural equipment has been run by the agricultural ministry with preliminary results showing longer lives for the diesel engines and up to 35% reduced fuel consumption […]
In Brazil, a group of researchers at the University of Campinas (UNICAMP), working in partnership with colleagues at the Brazilian Biorenewables National Laboratory (LNBR) in Campinas, São Paulo State, Brazil, have discovered that Trichoderma harzianum, a fungus found in the Amazon, produces an enzyme with the potential to play a key role in enzyme cocktails. […]
In Washington, Senators Chris Coons (D-DE) and Jerry Moran (R-KS) and Representatives Mike Thompson (D-CA-05) and Ron Estes (R-KS-04) re-introduced bipartisan legislation to level the energy playing field by giving investors in a range of clean energy projects access to a decades-old corporate structure whose tax advantage is currently available only to investors in fossil fuel-based energy […]
In our three-part series this month on utilizing waste resources, we’ll turn to rice straw, which is a major headache for Chinese and Indian emissions. Praj and Gevo are working hard on perfecting a technology to address this. Specifically, in the past month, Gevo also executed an agreement with Praj to develop jet fuel and […]
Spruce Capital Partners understands that when technologies converge, magic can happen. Combining robotics and AI with biology is creating huge strides in the bioeconomy that were never thought possible. Converging genomics with crops and food production could solve many issues worldwide. Even better, it’s already happening. Roger Wyse, Managing Director of Spruce Capital Partners takes […]
In Brazil, Reuters reports that Copersucar believes US ethanol demand will increase by 50% once year-round E15 is fully implemented with significant import demand ramping up over the next two to three years. The company’s subsidiary EcoEnergy imports Brazilian ethanol in the US and exports US ethanol to Brazil when arbitrage opportunities allow, with a […]
In Malaysia, the Daily Times newspaper reports that Gamalux Oils expects biodiesel exports to jump 30% this year compared to 2018, with about 80% of its product going to the European Union thanks to the company’s sustainable waste oil-based fuels last year. The company has two factories with total installed capacity of 700 metric tons […]
