Tag: ethanol

Tuesday, December 4th 2018 - 09:04 UTC
Brazil increasing ethanol capacity because of depressed global sugar prices

Brazilian sugar companies are increasing their capacity to produce ethanol in the face of depressed global sugar prices and government policies expected to boost demand for the biofuel. A shift to ethanol in the 2018-19 season slashed Brazil’s sugar output by 9 million tons to a 12-year low and more switching to the biofuel next season could help to wipe out a global surplus weighing on sugar prices.
Wednesday, February 21st 2018 - 09:02 UTC
Second corn-based ethanol plant in Matto Grosso: 680m liters per year

FS Bioenergia, a joint venture between Brazilian and U.S.-based investors, said on Tuesday it will build its second corn-based ethanol plant in Brazil’s top grains-producing state of Mato Grosso. FS Bioenergia, the first venture to build a 100 percent corn-based ethanol plant in Brazil - where basically all ethanol is made from sugar cane - said it will spend 1 billion reais (US$ 308 million) on the project.
Thursday, January 18th 2018 - 09:36 UTC
Brazil willing to admit US ethanol, if US opens market to fresh beef exports

Brazil is studying the removal of a 20% tariff on ethanol imports from the United States, Agriculture Minister Blairo Maggi said on Wednesday, in a decision that could depend on Washington lifting a ban on fresh beef exports from Brazil. Last year, Brazil imposed a 20% tax on ethanol imported from the U.S. that exceeds a 600 million liter annual quota to protect local producers as imports spiked.
Saturday, November 4th 2017 - 10:45 UTC
Argentina and Peru try to sort out ethanol dispute and sign accord to promote overall trade

Argentina and Peru are seeking to resolve a dispute stemming from Peru’s decision to apply anti-dumping tariffs on imports of Argentine biodiesel a year ago, Peruvian President Pedro Pablo Kuczynski said on Friday.
Saturday, December 17th 2016 - 00:24 UTC
Petrobras sells ethanol assets as it moves out of the biofuels industry

Brazil's oil company Petrobras has agreed to sell its 49% stake in the sugar and ethanol joint venture Nova Fronteira Bioenergia SA to partner São Martinho SA, both companies said in securities filings on Thursday. Petrobras will receive 24 million new São Martinho shares as payment for the stake. Petrobras said in the filing that it will attribute a US$133 million value to the deal.
Thursday, September 26th 2013 - 21:04 UTC
A sugar rush that could fuel the economy

By R. Viswanathan (*) - India should take its cue from Brazil and invest in ethanol as a viable commercial substitute for costly petrol.
Wednesday, July 11th 2012 - 22:09 UTC
OECD/FAO anticipate promising future for farm-commodity prices

World farm commodity prices will edge higher in the next decade, and oilseeds are set to outperform wheat and other cereals, both trends fuelled by demand in emerging economies, the OECD said on Wednesday, presenting a joint report with the UN's food agency FAO.
Wednesday, January 4th 2012 - 06:06 UTC
US is ending three-decade subsidies on corn ethanol

The US government is ending a three-decade-old policy of subsidizing corn ethanol, but it appears that the loss of the 6 billion dollars annual benefit will have little impact on farmers.
Saturday, October 29th 2011 - 03:04 UTC
US bio-fuel production increase: fact or wishful thinking?

A recent study, released on 11 October, “Bio-fuel Markets and Technologies” released by Pike Research states that the global bio-fuel market will double within the next decade to 183.3 billion dollars from its current level of 82.7 billion, with ethanol production accounting for 78 billion of future worldwide bio-fuel production, while predicting that bio-diesel production will reach 25.5 billion.
Wednesday, August 31st 2011 - 08:34 UTC
Global production of bio-fuels increased 17% last year reaching 105 billion litres

Global production of bio-fuels increased 17% in 2010 to reach an all-time high of 105 billion liters, up from 90 billion liters in 2009.