Bioethanol News

German bioethanol producer CropEnergies has increased its forecast for the current financial year 2016/17. In a statement, the company said that the main reasons for the better earnings were “spot prices for bioethanol which continue to be significantly higher than the previously expected forward prices as well as the high capacity utilisations in all four production plants”. With…
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Argentina has the potential double its current 12% ethanol blending mandate in the next two to three years, according to a government official. Nestor Roulet, secretary of added value at the Argentinian Ministry of Agriculture, told Reuters that the South American country’s annual ethanol consumption could rise to 2 million m3, which could help Argentina reduce its energy deficit. "The…
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US ethanol company ACE Ethanol has received a pilot facility which uses patented cellulosic ethanol technology from D3MAX. The pilot facility will be installed at ACE Ethanol’s Wisconsin plant in late February. Installation is expected to be complete by mid-March with start-up and testing at the facility taking place over the ensuing two months. “We are very excited to take this next…
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Pacific Ethanol, a US renewable fuels producer, and Edeniq, a biorefining and cellulosic technology company, have announced that they have entered into a technology licensing and purchase agreement to enable the production of cellulosic ethanol at Pacific Ethanol’s Madera, California plant using Edeniq’s Pathway and Cellunator technologies. The Madera plant has a total annual…
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Creditors of Abengoa Bioenergy US Holding, a unit of Spanish renewable energy company Abengoa, have reached an agreement over the distribution of asset sale proceeds, removing a key hurdle for the company to exit bankruptcy, according to Reuters Abengoa Bioenergy was one of dozens of US Abengoa subsidiaries that filed for US bankruptcy protection last year while the Seville-based parent worked…
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In a letter to President Donald Trump this week, the US Grains Council (USGC), Renewable Fuels Association (RFA) and Growth Energy are asking for help “in urgently addressing China’s recent implementation of protectionist trade barriers that are shutting out US exports of ethanol and distillers dried grains (DDGS).”  Specifically, the three groups are asking the…
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Green Plains, a Nebraska-based, US ethanol producer, has announced financial results for the fourth quarter of 2016. Net income attributable to the company was $18.7 million (€17.5m), or $0.47 per diluted share, for the fourth quarter of 2016 compared with net loss of $(3.6) million, or $(0.09) per diluted share, for the same period in 2015. Revenues were $932.1 million for the fourth…
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Valero Energy Corp, the largest independent US refiner, reported a higher quarterly profit as lower corn and stronger ethanol prices boosted the company's ethanol unit results. Net income attributable to shareholders rose to $367 million (€339m), or 81 cents per share, in the fourth quarter ended Dec. 31, from $298 million, or 62 cents per share, a year earlier. Operating revenue rose to…
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The publication of the European Commission’s renewable energy report shows that the EU is falling behind in its climate policies for transport, according to European renewable ethanol trade body ePURE. The EC published its report entitled Renewable energy progress report yesterday (1 February, 2017). The report stated: “Progress has been fastest in the electricity sector, while the…
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Clariant, global specialty chemicals company, together with Mercedes-Benz and Haltermann Carless, a well-established HCS Group brand, tested the use of sustainable cellulosic ethanol from agricultural residues in a fleet test with Mercedes-Benz series vehicles over a period of 12 months for the first time in Germany. Sunliquid 20 was used for the test – a fuel produced by Haltermann Carless…
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The Australian state of Queensland is continuing work to protect motorists from confusion at petrol pumps through reforms to legislation governing fuel price boards. Minister for Energy, Biofuels and Water Supply Mark Bailey said the Palaszczuk Government was determined to end the confusion motorists face when filling their cars with petrol. “Following the Fuel Price Summit in 2016, the…
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St1, a Finnish energy company, has signed a memorandum of understanding (MoU) with Ubon Bio Ethanol to launch a pilot project of the production of bioethanol from cassava waste, with the aim of setting up a joint venture for ethanol production in Thailand. Thailand is a forerunner in use of renewable energy. The country uses over 3 million litres of ethanol per day as transport fuel, and the Thai…
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