February 12, 2016
Interest from Mexican buyers in US ethanol imports is growing, with purchases increasing 1,756% from 2006 until last marketing year. According to the US Grains Council (USGC), in 2006/2007 Mexico bought just 6.8 million litres of US ethanol, while during the 2014/2015 marketing year purchases were 126.5 million litres. Mexico’s current imports of US ethanol... [Read More]

February 12, 2016
Pacific Ethanol, a US producer and marketer of renewable fuels, and Whitefox Technologies, a UK-based clean fuel membrane specialist, have entered into a technology license and purchase agreement for an industrial scale membrane system that separates water from ethanol in the plant's distillation system. Pacific Ethanol expects commercial operations using the new technology... [Read More]

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February 12, 2016
The European renewable ethanol association (ePURE) has urged the European Commission to introduce a binding framework promoting the use of renewable fuels in transport. In a submission to the public consultation for the new Renewable Energy Directive (REDII), which is being drafted this year and will cover the period 2020-2030, ePURE sets out the case for a binding framework... [Read More]

February 11, 2016
Green Plains, a US-based commodity processing firm, said that it had a fourth-quarter loss, from a profit a year earlier, due to depressed selling prices for ethanol. The Omaha-based company said the net loss was $3.6m (€2.73m), or 9 cents a share, from net income of $42m, or $1.07 a share, a year earlier. Revenue fell 11% to $740m, compared with $830m for the same... [Read More]

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February 10, 2016
The Australia-based Queensland Government is to investigate the establishment of a biofutures industry development fund, which would look to financially assist first mover investment in the biofuels industry. According to local news website Daily Mercury, Premier Annastacia Palaszcuk made the announcement following the second meeting of her Biofutures Cabinet Committee. "I've... [Read More]

February 10, 2016
The US Supreme Court on Tuesday barred President Obama’s Clean Power Plan (CPP) from taking effect until legal challenges against the legislation are solved. In a tight vote of 5-4, the court decided to put the plan on hold after receiving a request from 27 US States, led by Texas and West Virginia, and several businesses to block the CPP. The regulation is intended... [Read More]

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February 10, 2016
Sunshine Kaidi New Energy Group, a Chinese renewable energy giant, is planning to invest €1 billion in a new wood-based biodiesel plant in Finland, as the country looks to replace fossil fuels with biofuels. Kaidi said the plant would use wood-based biomass as its main raw material and it is scheduled to start operations in the northern city of Kemi by the end of... [Read More]

February 9, 2016
Lincoln Terminal Co., a US-based oil and products and biofuels marketing company, has acquired a new terminal, called Eco, in Charlotte, North Carolina. According to reports on news website TankTerminals.com, Lincoln's Charlotte terminal will have a total capacity of 130,000 bbl, and serves gasoline, ethanol and biodiesel. The terminal can also cater for different products... [Read More]

February 9, 2016
Archer Daniels Midland Co. (ADM), a US-based food processing and commodities trading company, is conducting a strategic review on its ethanol mills, as its ethanol arm continues to be hit by falling oil prices. The firm announced, last week, that two of its dry ethanol mills, based in Nebraska and Iowa, will be reviewed for "strategic options" — an analysis that... [Read More]

February 8, 2016
Argentina is set to beef up its ethanol production by increasing the required blend of ethanol in gasoline from 10% to 12%, according to media reports. The South American country's President, Mauricio Macri, said the additional ethanol would be exclusively derived from sugar, according to news agency Reuters. The increase should provide a boost to farmers there who have... [Read More]

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February 5, 2016
Egregor Biotech and Evolution Group is planning to construct a bioethanol plant in the forest-rich Komi Republic in Northern Russia. The plant would process 400,000 tpy of unusable timber and sawmill residues into 100,000 tonnes of ethanol, according to the Komiinform news agency. Egregor has already invested RUB15 million (€177,000) in the project, but the total... [Read More]

February 4, 2016
Neste, a Finland-based renewable diesel producer, reported better than expected fourth-quarter profits and dividend thanks to high European refining margins and favourable foreign exchange rates. Neste, which has two conventional refineries in Finland and renewable diesel refineries in Singapore and Rotterdam, said its core operating profit in the quarter rose 39% from... [Read More]

February 3, 2016
China’s state-owned ChemChina will acquire the Swiss agri business Syngenta in a long-rumoured and controversial $43 billion (€39.4bn) deal. Secrecy has surrounded the deal since November 2015, when Syngenta – the producer of bioengineered Enogen corn for the ethanol industry – received a $47 billion takeover offer from the US agricultural juggernaut... [Read More]

February 3, 2016
Caltech Ventures, a Ghana-based cassava cropping and processing company, will start the production of ethanol from cassava at a distillery in Hodzo in the Ho municipality this March, according to local press reports. This would be the first industrial-scale ethanol production in the West African country which imports around 60m litres of ethanol per year. Kasapreko Company... [Read More]

February 3, 2016
Gevo, a US biofuels producer, has signed a joint agreement with alcohol producer Porta Hnos to develop several isobutanol plants in Argentina. Financial terms for developing the corn-fed plants were not immediately disclosed. The first plant, slated to come online by 2017, has an expected annual production of 5m gallons of isobutanol. Gevo is projecting about $1m in... [Read More]

February 3, 2016
Biofuels producer Renewable Energy Group (REG) has signed an asset purchase agreement with US-based rendering firm Sanimax Energy to acquire Sanimax's 20m gallon nameplate capacity biodiesel refinery located in DeForest, Wisconsin. Under the asset purchase agreement, REG will pay Sanimax around $11m in cash and will issue 500,000 shares of REG common stock in exchange... [Read More]