In Washington, D.C., the 2019/2020 U.S. corn crop faced many challenges, including late planting, delayed maturation and late harvests. Even with these challenges, data compiled in the U.S. Grains Council’s latest report indicate the majority of the crop – 71.2% of samples tested – still had a test weight at or above the limit for […]
In Finland, Neste had a solid start to the year according to their Q1 2020 financials which showed a comparable operating profit of EUR 408 million in the first quarter, compared to EUR 378 million in the corresponding period last year. Renewable Products’ sales volumes were high, and renewables facilities reached a new quarterly production […]
In Illinois, ADM is temporarily idling ethanol production at the company’s corn dry mill facilities in Cedar Rapids, Iowa, and Columbus, Nebraska. ADM is managing ethanol production throughout its U.S. corn processing network to focus on cash flows and to divert corn grind to other products that are in higher demand, such as alcohol for […]
In Washington, D.C., the EIA released its Weekly Petroleum Status Report for the week ending April 17, which continued to reflect the impact on the ethanol industry from the social-distancing and stay-at-home restrictions associated with COVID-19. According to EIA data analyzed by the Renewable Fuels Association, ethanol production declined 1.2%, or 7,000 barrels per day […]
In the Netherlands, Avantium N.V received €0.5 million (about $0.54 USD) for its participation in the CHAPLIN XL project from the Netherlands Enterprise Agency to test a new approach to substantially reduce CO2 emissions from road construction by using lignin as a substitute for fossil-based bitumen in asphalt. Lignin is a main constituent of woody […]
It’s a tale of optimism and hope during ‘Rona Cyclona as we look for any good news in the biofuels industry. In comes news of public-private investments, rural economic development and employment, and even human health. With two new executive position veteran hires, up to 8 new plant managers, and putting to use a $2.9 […]
Cellink is now on NASDAQ Stockholm, they’ve received grants, been involved in hand disinfectants and test equipment in the Corona Crisis, and somehow have continued to grow globally during the COVID-19 pandemic. Take a peak into their latest financials, major milestones and events, their company, how they are dealing with the current pandemic, and more.
In Washington, D.C., news came Friday evening that the U.S. Department of Agriculture created a new Coronavirus Food Assistance Program (CFAP) that will take several actions to assist farmers, ranchers, and consumers in response to the COVID-19 national emergency. But, it does not provide any assistance to America’s ethanol and renewable fuels industries, which as […]
In California, Berkeley Lab researchers answered two questions regarding biofuels –what amount of bioproduct a plant needs to produce in order to make the process of extracting it worthwhile, and what amount needs to be made in order to reach the target ethanol selling price of $2.50 per gallon which was the average cost in […]
In Brazil, EPBR reports that the Brazilian Development Bank, BNDES, does not have the resources to fulfill the financing line demanded by the ethanol sector to help with the Covid-19 impact of drastic price and demand drops for ethanol and that the initiative will depend on a consortium of public and private banks. “We don’t […]
