February 2020

Mexican court stops E10 launch in Mexico

The Supreme Court of Justice of the Nation (SCJN) in Mexico has blocked the nationwide introduction of E10, the blend containing 10% ethanol, until the full impact on the environment is studied. In a recent ruling, the court says the move by the Energy Regulatory

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France, Brazil reach record ethanol sales in 2019

Demand for ethanol in France jumped to record levels in 2019, reaching roughly 1.13 to 1.15 billion litres. Statistics by French bioethanol association SNPAA show that sales of E85, or Superethanol, jumped by 85% year-on-year to 340 million liters. E10 sales, meanwhile, reached 5 billion

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China New Energy expects limited fin impact from Coronavirus

Chinese ethanol production technology firm China New Energy Ltd (LON:CNEL) does not expect the Coronavirus outbreak to have a significant financial impact on its business in 2020. The company’s office and factory usually close for two weeks during the Chinese New Year holiday. This February,

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Indian oil cos seek to procure 2.5 bn litres of ethanol in tender

Three oil marketing companies in India have launched a tender for 2.53 billion litres of ethanol to meet demand under the gasoline-blending programme between February and November 2020. Indian Oil Corporation (IOC), Hindustan Petroleum (HPC) and Bharat Petroleum (BPC) seek to procure 1.07 billion litres,

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China to postpone nationwide E10 mandate – report

China will delay the nationwide rollout of E10, the gasoline blend containing 10% ethanol, because the country’s ethanol production capacity will not be able to meet demand and also due to lower corn stocks, Reuters reported. Citing knowledgeable sources, the news agency said the decision

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CropEnergies’ 9-mo EBITDA grows 110% y/y

German bioethanol producer CropEnergies AG (ETR:CE2) posted a 110% increase in EBITDA for the nine months through November 2019 to EUR 101.9 million (USD 113m). The result improved due to the higher sale prices of ethanol, which offset increased raw material prices and lower production.

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