In Indonesia, the U.S. Grains Council reports that U.S. ethanol can now enter the Indonesian market by way of pre-blended fuel, following the recent removal of a ban on pre-blended product entering the country. This change creates a potential market of more than 200 million gallons (71 million bushels in corn equivalent). The market development […]
In Australia, Licella Holdings signed a Memorandum of Understanding to work with Indian based company Unnmukt Urja Private Limited, to explore the opportunity for utilising Licella’s innovative Cat-HTR (‘Catalytic Hydrothermal Reactor’) technology as a more sustainable and higher value solution for rice straw residues in India. India generates approximately 683 million tons of dry agricultural […]
Like Willy Wonka’s candy cups, edible sweet trees and and delicious chocolate river, Lactips is dreaming of edible packaging and bioplastics. Thanks to a new 13 million Euros (approximately $14.4 million USD) in new capital, they now have the resources needed to drive the development of its biosourced, biodegradable and water-soluble solution, providing an alternative […]
In Canada, Nextfor launched a series of High Performance Lignin Collaboration Forums to gather value chain feedback on the state of lignin product development in Canada and Ontario. Industry leaders worked together in these sessions to identify three opportunity maps for commercialization: • Polymers & Fine Chemicals • Resins & Adhesives • Thermoplastics & Composites […]
In Texas, the San Antonio Business Journal reports that the Supreme Court has refused to hear Valero’s spat with the Environmental Protection Agency where the oil company argues that blenders should have to bear some of the cost of blending biofuel under the Renewable Fuels Standard. Typically, the Supreme Court gives a reason for rejecting […]
In Washington, DTN reports that Energy Information Administration data shows that although ethanol production is ramping up after it shut down more than 50% of capacity due to the COVID-19 pandemic, stocks are still shrinking. Last week, stocks reached the lowest level in 19 weeks at 23.2 million barrels, falling 400,000 barrels from the week […]
In New York, Platts reports D4 prices rose to their highest level since December at 56 cents/RIN on the back of expected higher blending mandates from the Environmental Protection Agency. Between higher blending expected for 2021 and fewer waivers that will likely be granted under the small refinery exemption program following significant scrutiny, prices have […]
In Texas, ICIS reports that increased driving demand has lifted spot prices for ethanol as shelter in place orders are lifted, but the market had hoped for a faster recovery. There is also concern that China will not buy as much US-origin ethanol as expected as part of the phase 1 trade deal easing the […]
In Brazil, Platts reports that on the back of 28% higher gasoline prices in May, hydrous ethanol prices have been steadily increasing since May 13, already rising by almost 19% in a month. Between January 14 and April 29, Petrobras cut gasoline prices a whopping 12 times which hit the competitiveness of ethanol prices just […]
In Georgia, modern sustainability practices often encourage resource and energy efficiencies across separate sectors, such as food production or biofuels, but this siloed approach could actually lead to ongoing environmental decay, according to a recent commentary by researchers in the University of Georgia College of Engineering. Using new technology to improve efficiency, in particular, may […]
