In Malaysia, the New Straits Times reports that foreign direct investment made up two-thirds of the $1.8 billion in investment in the country’s bioeconomy between 2012 and 2017. Of those projects that come under the Bioeconomy Community Development Program, 40 have been implemented as of last month including 33 biomass power plants producing 26.4GW. This […]
In Washington, of the $366.2 million in grants awarded last week by the Federal Transit Administration to improve America’s bus systems, only one project associated with biofuels was awarded. The nearly $6.4 million grant was awarded to the New Orleans Regional Transit Authority who will receive funding to expand its biodiesel bus fleet. The project […]
In Belgium, during Wednesday’s TDI meeting Member States’ representatives are going to discuss a recent Commission document that, in spite of clear evidence of distortive practices and strong injury for the EU economy, the European Biodiesel Board says fails to announce provisional Anti-Subsidy (AS) duties vs. Argentina. The Commission investigation found evidence the Argentinean Differential […]
In Washington, Reuters reports that as the Trump Administration looks to approve year-round E15 sales it is also likely to restrict RIN trade in an effort to reduce costs for oil companies by reducing speculation. Restrictions include a 120% cap of RINs vs. compliance obligation to keep companies from speculating while some parties could be […]
In Washington, D.C., leaders of the United States and Japan, one of the largest U.S. grain customers and second largest buyer of U.S. corn after Mexico, announced that the two countries would pursue trade talks. The impact on agriculture is to be determined in the talks. The country is also a strong purchaser of sorghum, […]
In Washington, D.C., President Trump is likely to announce a new policy soon to allow more ethanol blended gasoline to be sold year-round, according to E&E News sources. Corn and biofuel advocates have been pushing for the allowance of gasoline retailers to sell E15 during the summer months, when fuel demand is at its highest. […]
In Pennsylvania, the Environmental Protection Agency and the National Highway Traffic Safety Administration held the third and final public hearing on their joint proposal for 2021-2026 fuel economy and greenhouse gas standards, at which the Renewable Fuels Association Vice President of Regulatory Affairs Kelly Davis testified. Davis said that “a high-octane, low-carbon fuel containing 20-40% […]
In the Philippines, government official and Energy Undersecretary, Wimpy Fuentebella from the Department of Energy told ABS CBN News that it is against the law to bring down gasoline prices by allowing oil firms to import cheaper bioethanol. Instead, oil companies need to use locally produced bioethanol. The suggestion to import cheaper bioethanol from abroad […]
In China, China New Energy Ltd told Alliance News that their success thus far in 2018 is thanks to changed government policies in China that have led to increased ethanol production and new contracts from existing and new customers. Pretax profit for the six months to the end of June rose to CNY12.0 million, or […]
In Nigeria, the state governor for Cross River, Ben Ayade, is requiring a salary deduction of every civil and public servant in the state for the purchase of biofuel cookers and lamps, which staff are not happy about. This comes after signing a Memorandum of Understanding with Alvila Technologies Limited, supposedly a close associate of […]
