February 2019

Soros, CPP reduce stakes in Archer Daniels Midland

Soros Fund Management LLC and Canada Pension Plan Investment Board have cut by half their shareholdings in agricultural products and ethanol supplier Archer Daniels Midland (ADM) between the third and fourth quarters of 2018. A recent filing shows George Soros held 325,000 shares in ADM

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Pakistan reaches record volume of ethanol exports in 2018

Pakistan exported 653,443 tonnes of ethanol last year, a record-high amount, worth roughly USD 425 million (EUR 374m), local newspaper the Dawn reports, citing official statistics. Ethanol exports increased from 572,056 tonnes in 2017 and reached the highest level since Pakistan entered that market in

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SPEEDY to offer FlexFuel’s E85 conversion box in France

French company FlexFuel Energy Development (FEED) has agreed to partner with diagnostic and car maintenance specialist SPEEDY for the commercialisation and installation of its E85 conversion box. SPEEDY’s network includes almost 500 locations in France. Now FEED will have access to over a thousand locations

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France raises biofuel blending mandate for 2019, 2020

The French government has lifted the minimum mandatory share of biofuels blended into regular motor vehicle fuel to 7.9% in 2019 and 8.2% in 2020. This is part of the 2019 finance bill, passed by the French National Assembly in December 2018. The move was

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