In India, Reuters reports India’s drive to boost ethanol production from corn turned the country into a net corn importer for the first time in decades, pushing domestic prices to record highs and impacting global supply chains. The policy shift, which began with a January hike in procurement prices for corn-based ethanol, aims to reduce […]
In India, Chini Mandi reports in Rajgoli, Maharashtra, global commodity leader Olam Agri announced a $60 million investment to develop a multi-input bio-ethanol plant adjacent to its existing sugar factory. The facility, expected to be operational by March 2025, will produce ethanol from sugarcane and corn, aligning with India’s shift to mixed fuels like B20. […]
In India, on September 2, 2024, Gensol Engineering Limited, in partnership with Matrix Gas & Renewables, was awarded the EPC contract for India’s first biomass-to-green hydrogen project, valued at INR 164 Crore. This pioneering project, set to be completed within 18 months, will convert 25 tons of bio-waste into 1 ton of hydrogen per day, […]
In India, Money Control reports India’s Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri, urged automobile manufacturers to produce vehicles compatible with E100 fuel during his address at the India Bio Energy & Tech Expo on September 2, 2024. The government, actively collaborating with the automobile industry, aims to expand the use of […]
In India, the Press Trust of India reports the government has decided to again allow ethanol producers to use sugarcane juice, sugar syrup, B-Heavy molasses as well as C-Heavy molasses as feedstock beginning with the new marketing year in December. The food ministry said it would periodically review the sugar supply situation in light of […]
In India, the Deccan Chronicle newspaper reports that in spite of the government significantly restricting ethanol production from sugarcane juice in fear of a sugar shortage, ethanol blending still managed to surpass 15% as of May thanks to ethanol production from grains. Ethanol demand increased 19% during the first nine months of the 2023/24 season […]
In India, Refex Sustainable Solutions Private Limited (RSSPL) on August 20, 2024 entered into and executed an investment agreement for acquisition of controlling stake up to 51.02% of the total voting powers, from the existing promoters and investment by way of fresh equity infusion in Vyzag Bio-Energy Fuel Private Limited thereby making this entity a […]
In India, Zydus Lifesciences Limited has bought a 50% stake in fermentation-based active pharmaceutical ingredients and gelatine company, Sterling Biotech Limited, from Perfect Day Inc. Following closure of the deal, Sterling Biotech will become a 50:50 joint venture with equal representation on the Board. The JV will establish a state-of-the-art manufacturing facility to manufacture fermented […]
In India, India’s aim to blend 20% ethanol in petrol by ESY1 2025 — or ~990 crore liter annually — will require effective utilization of both grain and sugarcane feedstock to increase its supply. Annual ethanol production from grains is expected to see a significant increase to ~600 crore liter by the next season (this […]
In India, Projects Today reported that Aether Industries has entered into a manufacturing agreement with Chemoxy International, a wholly-owned subsidiary of the Seqens Group. Under this contract, Aether will produce a series of natural bio-based products exclusively for Seqens over an initial period of three years. The production is expected to commence over the next […]
