In France, Reuters reports that Strategie Grains says European rapeseed production is likely to fall to 17.8 million metric tons during the 2019/20, down from its previous estimate of 18.85 million tons for the season following projection cuts in Germany and France as well as minor producers including Romania and Poland. The overall view is […]
In Washington, Congresswoman Rosa DeLauro (CT-03) led a bipartisan letter urging the immediate extension of the expired tax incentive for domestic biodiesel production. The letter highlights the diverse economic and environmental benefits of biodiesel and is signed by more than 20 Members of Congress across 12 states. “By nearly every measure, the story of American […]
In Delaware, DuPont Nutrition & Biosciences has announced the launch of DuPont OPTIMASH DCO+ for increased recovery of corn oil in dry grind ethanol plants. OPTIMASH DCO+ provides a flexible solution for ethanol producers to increase corn oil yield without affecting downstream processes or the quality of distillers’ grains. OPTIMASH DCO+ is a patent-pending thermostable […]
In Argentina, Clarin newspaper reports that the energy and hydrocarbon sub-secretariat has increased the price of corn-based ethanol $485.87 per metric ton, an increase of 2.5% over May, while cane-based ethanol prices were increased by 2.8% to $519.46 per ton. Biodiesel prices were also increased by 2.5% to $679.4 per ton. The government changes the […]
In New York state, scientists at the U.S. Department of Energy’s (DOE) Brookhaven National Laboratory and the University of Arkansas have developed a highly efficient catalyst for extracting electrical energy from ethanol, an easy-to-store liquid fuel that can be generated from renewable resources. The catalyst, described in the Journal of the American Chemical Society, steers the […]
In India, the Business Standard newspaper reports that the Indian Oil Company and Hindustan Petroleum Corporation are headed to court, saying ethanol is exempt from excise tax and therefore shouldn’t have to pay the combined $625 million tax bill for complying with the national ethanol mandate. The companies say they haven’t been collecting excise tax […]
Three big product announcements just in… DSM (e) breaks through on yield, efficiency with new yeast, enzyme offerings for corn fiber conversion. Novozymes launches breakthrough techs “Fortiva” and “Innova Force”. Dupont extends with corn oil extraction tech. In Indiana, DSM leads the news out of the Fuel Ethanol Workshops with their latest yeast and enzyme […]
The Digest’s “Stocks Worth Tracking” Multi-Slide Guide Series highlights hot companies that are making strides in the bioeconomy. Today’s “Stock Worth Tracking” is Stora Enso. Stora Enso celebrated some positive Q1 2019 financials including sales that went up, operational EBIT that went down, and overall profit protection program that helped them out so far this […]
In Finland, Novozymes has experienced a decline of 2% in organic sales in the first five months of 2019. Although this is an improvement compared with the 4% decline reported for the first quarter, the softness in sales, particularly in May, reflects market headwinds. Severe weather in the US Midwest are impacting grain-processing volumes and […]
In Finland, Neste said that Finland’s incoming government has introduced its Government Programme which includes ambitious climate targets and a goal for carbon neutral Finland in 2035. As part of reducing transport-related emissions, the share of biofuels in aviation is targeted at 30% through a blending obligation. “This is a significant goal, enabling Finland to […]
