In Washington, Platts reports that Energy Information Administration data shows ethanol production fell more than 3% on the year last week to 1.024 million b/d, which was also down 4,000 b/d from the week prior. Despite lower production, stocks rose by more than half a million barrels to 24.261 million barrels, with nearly all of […]
In Washington, the Biomass Research and Development (BR&D) Board, an interagency collaborative composed of senior decision makers from federal agencies and the White House, co-chaired by the U.S. Department of Agriculture (USDA) and the U.S. Department of Energy (DOE), recently released its “The Bioeconomy Initiative: Implementation Framework”, which serves as a guiding document for the […]
In Iowa, Renewable Energy Group announced that “the Company’s Board of Directors has decided to pursue a sale of the Company’s life sciences business unit,” known as RE Life Sciences. “As a result, the fourth quarter and year-end financial statements have been adjusted to reflect the life sciences unit as discontinued operations for all historical […]
By James Cogan, Ethanol Industry & Policy Analyst Special to The Digest Europe’s ethanol bosses – the main ones being the leaders of Tereos, Cristal Union, Alco Group, Crop Energies, and industry association ePURE – have a hard time putting a value on their assets. The ongoing battle to convince regulators that domestic crop based […]
In Washington, with an eye on having the year-round E15 rule in place by June 1 for the summer driving season, Reuters reports that the Environmental Protection Agency has sent its proposed rule to the White House Office of Budget for sign off. Afterwards, it will be published for public comment before being finalized. The […]
In Michigan, Michigan State University scientists have developed synthetic biology tools to co-produce high-value compounds in plants. The study is published this week in the journal Nature Communications. Terpenoids form the largest class of natural products in plants and have been used by humans for thousands of years. Modern applications for terpenoids range wide, from […]
In Brazil, Mercopress reports that the state agricultural statistics agency Conab expects increased domestic biodiesel demand to contribute to lower soybean exports in 2018/19, coupled with the fact that production has dropped, and Chinese import demand will likely fall off in light of easing trade tensions with the US. Early start to the harvest as […]
In India, the Business Standard reports that the Indian Oil Corp has finally come to terms and signed a 30-year lease for a 50-acre plot of land that will host the $113.3 million second generation ethanol plant under development in Uttar Pradesh. The land belongs to a defunct sugar mill and negotiations have been going […]
In Washington, Politico reports that Democratic candidates for the 2020 presidential race are lining up to support ethanol and the Renewable Fuel Standard in an effort to win support from Iowa ahead of its caucus, with Kamala Harris supposedly the only major candidate who may go the other way on the issue but who has […]
In India, the Financial Express reports that the Neev Fund, funded by the Bank of India and the UK’s Department for International Development, is investing $5 million of Series-B funding in Punjab Renewable Energy Systems (Prespl) who expects to close deals this month with Hindustan Petroleum Corp Ltd and Bharat Petroleum Corporation Ltd to supply […]
