German bioethanol firm CropEnergies (ETR:CE2) last week reported a record operating profit of EUR 98 million (USD 109m) for the 12 months to the end of February 2017 on the back of a substantial increase of production. The company grew its revenues by 11% year-on-year
Brazil is taking actions to protect its sugarcane-based ethanol producers from imports of corn-based ethanol from the US, energy minister Fernando Coelho Filho announced last week as cited by news agencies. According to a resolution published in Brazil’s official gazette, importers of ethanol will now
Brazil’s Chamber of Foreign Trade, CAMEX, has postponed until June a decision on whether to impose tariffs on ethanol imports from the US. The delay is to allow another CAMEX subgroup, the Technical Group on Temporary Alterations to the Common Foreign Tariff of Mercosur, to
A total of about 1.18 million tonnes of bioethanol have been consumed in Germany in 2016, a slight increase of 0.2% compared to 2015, the German Bioethanol Industry Association (BDBe) said earlier this month. While the Super (E5) fuel reached a market share of 82.8%,
The US Grains Council (USGC), an exports-focused trade group, is working to create a market in southeastern Mexico for US distiller’s dried grains with solubles (DDGS) and recently unveiled initial sales after positive feeding trials. USGC says that unlike northern Mexico, DDGS is a new
Blairo Maggi, Brazil’s agriculture minister, has written to the country’s foreign trade council, asking for the imposition of tariffs on ethanol imports, Reuters reported on Thursday. The news agency cited the secretary for international relations at the agriculture ministry, Odilson Ribeiro, as saying that the
US company Greenbelt Resources Corp (OTCMKTS:GRCO) has signed a memorandum of understanding (MoU) with Indonesian real estate developer PT Jababeka Tbk about a waste-to-bioproducts project in Jakarta. The JababECO project will use Greenbelt’s ECOsystem technology and will process municipal food waste to produce 500,000 gallons