Brazil’s Centre-South hydrous ethanol sales go up 52% y/y in Jan

Brazil’s Centre-South ethanol producers have sold 1.36 billion litres (359.27 million gallons) of hydrous ethanol in the domestic market in January, a record for the period, marking a 51.77% year-on-year increase. Anhydrous ethanol sales stood at around 763.87 million litres. From the start of the sugarcane harvest

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US bioethanol firm forms partnership on medical cannabis extraction

California-based Greenbelt Resources Corp earlier this month announced a letter of intent with NCM Biotech (NCM) to build cannabis extraction testing services in California and Oregon. NCM, which has a patented process for extracting cannabinoids from the cannabis plant, has successfully tested the use of

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Enerkem raises USD 223m, BlackRock joins as investor

Canadian waste-to-biofuels company Enerkem Inc said on Tuesday it has raised CAD 280 million (USD 223m/EUR 182m) in its largest investment round so far. The financing round saw Enerkem attract investment manager BlackRock Inc (NYSE:BLK) and Sinobioway of China as new investors. Existing investors also

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Summit Agricultural to expand corn ethanol plant in Brazil

US-based Summit Agricultural Group on Tuesday announced a major expansion of the recently opened FS Bioenergia corn ethanol plant in Brazil that will raise its annual output to 140 million gallons (530 million litres) from 60 million gallons. About USD 100 million (EUR 80m) will be

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Brazil looks at ending levy on US ethanol imports

Brazil’s agriculture ministry has commissioned a study on whether the duty on ethanol imports should be removed, according to a clarification note on Wednesday. Brazil approved a 20% tariff in August 2017 on imports of ethanol beyond a quota of 600 million litres (158.5 million gallons) per

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European Parliament votes to cap crop-based biofuels at current levels

The European Parliament last week voted to ban palm oil in biofuels from 2021 and cap the contribution of crop-based biofuels at 2017 levels, with a maximum of 7% in road and rail transport till 2030. The Members of the European Parliament (MEPs) agreed to

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Gene suppression can improve grass crops for ethanol

Suppressing a gene involved in the stiffening of grass cell walls can make it easier to produce ethanol fuel from plant biomass, according to research, announced last week. A team of researchers from the UK, Brazil and the US has discovered that suppression of a

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CropEnergies’ revenues rise 20% y/y in 9-mo

Revenues at German bioethanol producer CropEnergies AG (ETR:CE2) rose 20% year-on-year in March-November 2017, up to EUR 679 million (USD 823m). The rise was mainly attributed to increased production, with ethanol output growing 15.2% to 847,000 cu metres (29.9 million cu ft). The increased revenues

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BP, Copersucar get antitrust approval for ethanol terminal JV in Brazil

Brazilian antitrust regulator Cade has approved a joint venture (JV) between BP Biofuels and Copersucar SA, according to an announcement in the country’s official journal on Thursday. BP Biofuels, part of oil major BP plc (LON:BP), and Copersucar, the Brazilian sugar and ethanol trader, in

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Iowa produces record ethanol in 2017

Iowa, the leading ethanol producing state in the US, had another record year for ethanol output in 2017, the Iowa Renewable Fuels Association (IRFA) said at the end of December. The 43 ethanol plants in the state produced 4.2 billion (15.9 bln litres) gallons last

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