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GRAINNET 08/11/2020 16:58
No one could anticipate this occurring and it forced many ethanol and biodiesel plants to scale back production and many even shutdown for a while.
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Financial Post (Canada) 08/11/2020 16:00
U.S. oil refiners this quarter are expected to spend the most since at least 2018 to meet U.S. biofuels requirements, further pressuring margins hit by the collapse since March in global prices and demand. Under renewable fuel legislation originally aimed to support corn farmers, refiners have to blend biofuels like ethanol or diesel made from […]
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OilPrice.com 08/11/2020 14:30
Refiners that don’t have the infrastructure to blend biofuels must purchase tradeable blending credits known as Renewable Identification Numbers, or RINs.
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ICIS News 08/11/2020 13:42
HOUSTON (ICIS)--US May biodiesel production increased month on month but decreased year on year, according to the latest figures released by the US Energy Information Administration (EIA). The US...
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Biofuel News 08/10/2020 08:38
Members of the Congressional Biofuels Caucus spearheaded a letter Friday to House leadership requesting additional resources for the biofuels sector in the next piece of coronavirus relief legislation.
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Biodiesel Magazine 08/07/2020 18:19
A jury convicted David Dunham, owner of Smarter Fuel in Wind Gap, Pennsylvania, and co-owner of Allentown-based Greenworks Holdings, of conspiracy to commit wire fraud and defraud the U.S., wire fraud, filing false tax documents and obstruction.
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Ethanol Producer 08/07/2020 17:28
The biofuels sector has suffered from the steep drop in fuel demand that occurred when schools, workplaces, churches and other public places shut were closed by stay at-home orders.
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China has unofficially suspended its goal (established 2017) to implement a nationwide E10 mandate by the end of 2020. With the world’s fastest growing gasoline fuel pool, limited ethanol production capacity, and a recent drop in corn stocks and corresponding rising corn prices, the government rollout of the mandate has stalled and cannot be achieved. Ethanol production capacity has continued to expand since 2017, but even operating at full capacity, the average blending rate would not exceed 4 percent (E4) this year. In the wake of the E10 suspension, the COVID-19 pandemic significantly lowered gasoline consumption in the first half of 2020, while ethanol production capacity shifted from fuel to medical grade ethanol, further driving down
More from U.S. Department of Agriculture - AgExporter (USDA):
Coordinating Economic Minister Airlangga Hartarto recently ordered state-owned fuel giant Pertamina to revive the program a few days after the company produced an experimental batch of new biodiesel and signed a deal to build a biodiesel catalyst factory.
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