Showing posts with label Biofuels. Show all posts
Showing posts with label Biofuels. Show all posts

Thursday, January 12, 2012

20120112 1002 Biofuel Related News.

CAMCO CALIFORNIA CO2 CREDIT ISSUANCE UP 27 PCT
LONDON, Jan 10 (Reuters) - Camco International  saw a 27 percent rise in the number of California carbon credits issued in the second half of last year as participants geared up for the start of the U.S. state's emissions trading scheme, the low-carbon project developer said in a trading update on Tuesday.
As of Jan. 6, Camco had 356,061 California carbon credits under management, compared to 281,061 on July 28, 2011.

LUFTHANSA ENDS BIOFUEL TRIAL WITH U.S. FLIGHT
FRANKFURT, Jan 9 (Reuters) - German carrier Lufthansa  is ending the trial use of a biofuel mix for its planes because it has used up stocks of certified biofuel and no other reliable supplies are available.
The trial, which ran on flights between Frankfurt and Hamburg, will end Jan. 12 on a flight from Frankfurt to Washington.

US ETHANOL WEEKLY OUTPUT HITS RECORD 963,000 BPD
Jan 5 (Reuters) - U.S. ethanol production hit another  record high in the latest week as the industry sought every last drop of benefit out of the blender's tax credit that expired on Dec. 31, 2011.
Output hit 963,000 barrels per day for the week ended Dec. 30, up from the previous record of 962,000 barrels a day notched a week earlier, the Energy Information Administration reported on Thursday.

ZEACHEM SEES CELLULOSIC ETHANOL STARTING TO FLOW
Jan 4 (Reuters) - It's been a "bumpy ride" for efforts to develop cellulosic ethanol as a viable alternative to corn ethanol, but several projects are moving forward and the biofuel should be flowing later this year and next, a leading industry executive said.
ZeaChem Inc CEO Jim Imbler said in a telephone interview on Wednesday that investor skepticism and technology complexities are among many factors keeping the cellulosic side of the U.S. biofuels business from taking off.

Thursday, January 5, 2012

20120105 1209 Biofuel Related News

BRAZIL, SHORT OF BIOFUEL, CAN'T OPEN SPIGOT TO US
SAO PAULO, Dec 29 (Reuters) - For three decades, the U.S. government sought to protect American corn farmers and ethanol makers from a feared flood of Brazilian imports by imposing a tariff that had the South American country crying foul.
But as the contentious tax finally expires at year-end, American farmers' fears of being swamped by sugar-based tropical biofuel seem unfounded. With Brazil's ethanol industry struggling to meet booming local demand, it's U.S. producers instead who are shipping millions of gallons to the south.

U.S. ETHANOL OUTPUT JUMPS 2 PCT TO RECORD HIGH
Dec 29 (Reuters) - U.S. ethanol production hit a record high last week, jumping 2 percent over the previous week's tally, the Energy Information Administration reported on Thursday.  
U.S. ethanol production totaled 962,000 barrels per day in the seven days to Dec. 23, up 19,000 barrels per day from the previous week. The next highest production level was 954,000 barrels per day for the week ending Dec. 2.

Thursday, December 29, 2011

20111229 1022 Biofuel Related News.

ARGENTINE 2011 BIODIESEL EXPORTS SOAR TO $1.9 BLN
BUENOS AIRES, Dec 27 (Reuters) - Argentine biodiesel exports rose more than 58 percent to $1.9 billion in 2011 compared with the year before, the country's main biodiesel industry group said on Tuesday.
In volume terms, biodiesel exports from the South American country shot 18.5 percent higher to 1.6 million tonnes, according to a statement from the Argentine Biofuels Chamber, or CARBIO, as it is known by its Spanish initials.

BRAZIL TO FINANCE ETHANOL STORAGE AT MILLS
Dec 26 (Reuters) - Brazil's government will lend up to 500 million reais ($268.64 million) per year for ethanol makers to stock the biofuel, a measure aimed at securing adequate supplies in the interharvest, according to a decree published on Monday.
The measure, which had been announced in April but was not yet put into force, guarantees mills will have an annual loan available for storage over the next five years and sets the official sources for the credit.

NOVOZYMES SEES NEW BIOFUEL ENZYME BOOSTING GROWTH
COPENHAGEN, Dec 22 (Reuters) - Novozymes , the world's leading industrial enzyme producer, sees a new enzyme product for the biofuel industry helping boost revenue growth in 2012, as consumers look for alternatives to fossil fuels.
Bioethanol, which can be blended with gasoline to run cars, is seen as a growth market though development has been held back by uncertainties over U.S. regulations to support green energy.

ENI SIGNS MINING, BIODIESEL DEALS WITH SONANGOL
MILAN, Dec 22 (Reuters) - Italy's oil and gas major Eni  and Angola's national oil company Sonangol have signed an agreement to develop joint mining initiatives in Angola and abroad and other deals, Eni said on Thursday, as the group aims to boost its presence in the African country,
The two companies have also signed agreements to carry out a pilot project in food and biodiesel and non-associated gas development projects related to block 15/06 in Angola, Eni said in a statement.

U.S. ETHANOL TAX BREAK ENDS, BRAZIL SEES AN OPENING
WASHINGTON, Dec 21 (Reuters) - A U.S. ethanol tax credit costing roughly $6 billion a year will expire on Dec. 31, with the U.S. industry declaring itself ready to stand on its own and Brazil hoping for a biofuels bonanza in the years ahead.
Thanks to the high cost of crude oil, corn-based ethanol is attractively priced. Output and exports are record-high this year and a U.S. law assures renewable fuels a share of the U.S. motor fuel market.

Wednesday, December 21, 2011

20111221 1708 Biofuel Related News.

DENMARK'S NOVOZYMES EYES MORE CHINA BIOCHEMICAL DEALS
BEIJING, Dec 14 (Reuters) - Denmark's Novozymes A/S , the world's leading industrial enzyme producer, is now in talks over a series of projects that will boost its presence in China's growing biochemical sector, a company executive said on Wednesday.  
Michael Christiansen, president for Novozymes China, told a media briefing that the company was discussing projects with "six or seven" firms looking to produce value-added downstream products such as plastics and fibres from agricultural waste, a process encouraged in the country's 2011-2015 five-year plan.

US ETHANOL WEEKLY OUTPUT EBBS, STOCKS DROP 4.9 PCT
Dec 14 (Reuters) - U.S. ethanol production slipped 1.6 percent in the latest week, setting back from a record high the previous week, and stocks dropped 4.9 percent, the Energy Information Administration reported Wednesday.
U.S. ethanol production totaled 938,000 barrels per day in the seven days to Dec. 9, down 16,000 barrels per day. Aside from the previous record-setting week, the next highest production level was when ethanol production hit 939,000 barrels per day for the week ending December 3, 2010.

FINEST CHEESE AND WINE FUEL FRENCH BIOGAS PROJECT
PARIS, Dec 14 (Reuters) - As French gourmets savour the famed Sancerre wine and Chavignol cheese of the Cher region, they may soon enjoy heat from the by-products of such delicacies thanks to new government incentives designed to promote biogas.
France this year increased feed-in tariffs paid for power  generated using biogas, and it has passed a decree letting producers inject biogas into the grid, boosting prospects for the fledgeling sector in a country better known for nuclear electricity.

Wednesday, December 14, 2011

20111214 1650 Biofuel Related News.

PROSPECTS FOR NEXT BRAZIL CANE CROP BETTER -UNICA
SAO PAULO, Dec 13 (Reuters) - After several months of downward revisions in Brazil's 2011/12 main center-south cane crop, the season is ending with a whimper, but next year already looks better, sugar and ethanol industry association Unica said on Tuesday.
Nearly all of the 350-odd sugar and ethanol mills in the center-south, which accounts for 90 percent of Brazil's cane output, have closed for maintenance over the interharvest period, Unica said.

BRAZIL TO REGULATE ETHANOL STOCKS IN 2013 - REPORT
SAO PAULO, Dec 9 (Reuters) - Aiming to curb fuel price swings, Brazil's National Petroleum Agency (ANP) will start requiring distributors to carry 15-day stocks of anhydrous ethanol, a gasoline additive, but only in 2013, a local paper said on Friday.
The board of the ANP approved a new regulatory measure governing the ethanol market that will only take effect in April, 2013, when the start of the 2013/14 cane crushing season gets under way, the Folha de S.Paulo newspaper said citing the ANP.

BRAZIL 11/12 SUGAR OUTPUT SEEN AT 36.9 MLN T-GOV'T
SAO PAULO,Dec 8 (Reuters) - Estimates for sugar and ethanol output in Brazil's 2011/12 cane season were cut again on Thursday by government supply agency Conab, which cited the effects of bad weather and aging fields on the cane crop.
In its third estimate for the season, Conab put the country's total cane crush at 571.5 million tonnes, down from the 589 million tonnes in its previous forecast in August.

US ETHANOL WEEKLY OUTPUT SOARS TO RECORD 954,000 PBD
CHICAGO, Dec 7 (Reuters) - U.S. ethanol production hit a record high in the latest week, while stocks also rose, up more than 5 percent in the last week, the Energy Information Administration reported Wednesday.
U.S. ethanol production totaled 954,000 barrels per day in the seven days to Dec. 2, up 24,000 barrels per day. The next highest production level was when ethanol production hit 939,000 barrels per day for the week ending December 3, 2010.

GERMAN SUGAR CROP GOING WELL, BIG OUTPUT SEEN
HAMBURG, Dec 7 (Reuters) - Germany's sugar beet harvest is progressing very well in favourable weather and the country is likely to achieve the forecasts of a sharp rise in sugar output, the head of German sugar industry association WVZ told Reuters on Wednesday.
"Harvest progress is excellent and weather is favourable," said WVZ chief executive Dieter Langendorf. "Confidence is growing that we will achieve our production targets."

Wednesday, December 7, 2011

20111207 1631 Biofuel Related News.

UK SHOULD LIMIT BIOENERGY USE FOR CO2 GOAL: ADVISER
LONDON, Dec 7 (Reuters) - Britain should aim for a 10-percent share of bioenergy in total energy demand in 2050 to achieve its long-term climate target, but
any more could do more harm than good to the environment, a government adviser said on Wednesday.
The Conservative-led coalition government will unveil its strategy for bioenergy early next year, as part of a wider plan to cut carbon emissions by 80
percent by mid-century.

CHICKEN FAT-FUEL TO POWER US WARSHIPS IN '12 GAMES
WASHINGTON, Dec 5 (Reuters) - The U.S. military, in the largest ever government purchase of biofuel, bought a batch of fuel made from chicken fat and algae
that will be burned by the Navy in war games next year, officials said on Monday.
The Defense Logistics Agency purchased 450,000 gallons of fuel from Dynamic Fuels LLC, a Louisiana-based venture owned by Tyson Foods Inc  and Syntroleum
Corp, which makes biofuel from used cooking oil, and from California-based Solazyme Inc , which makes fuel from algae.

AGCO DEAL UNCOVERS HIDDEN CORNER OF U.S. FARM BOOM
CHICAGO, Dec 2 (Reuters) - The boom times for U.S. agriculture in 2011 have focused on soaring land and crop prices, bumper harvests and biofuels, but a
recent deal has spotlighted a quiet industry that's booming: grain storage.
Agco , the world's third-largest farm equipment manufacturer, this week finalized its purchase of grain storage manufacturer GSI Holdings for $928 million.

ASIAN PALM-BASED BIOFUEL MAY STRUGGLE IN U.S.
NUSA DUA, Indonesia Dec 1 (Reuters) - Indonesian palm-based biodiesel shipments seeking a foothold in the United States will face stiff competition from
feedstocks such as corn oil and waste oils, which will become cheaper as more supplies hit the market, a top USDA official said on Thursday.
Indonesian processors must also first get a clear pathway from the Environmental Protection Agency (EPA) over concerns of higher emissions arising from
converting the edible oil, said Michael Dwyer, director of the U.S. Department of Agriculture's global policy analysis division.

US ETHANOL OUTPUT UP 1.4 PCT, MOST IN NEARLY A YEAR
Nov 30 (Reuters) - U.S. ethanol production rose 1.4 percent last week to the highest in nearly a year, while stocks fell more than 2 percent,  the Energy
Information Administration reported on Wednesday.
U.S. ethanol production totaled 930,000 barrels per day in the seven days to Nov. 25, up 13,000 bpd from the previous week. Output was last that strong when
it hit 937,000 bpd for the week ended Dec. 10, 2010.

TOTAL, AMYRIS TO DEVELOP FUELS FROM PLANT SUGARS
Nov 30 (Reuters) - Giant French oil company Total SA and U.S. biofuels company said on Wednesday they would form a 50-50 joint venture to develop and sell
renewable fuels made from plant sugars.
Total, which bought a 17 percent stake in Amyris last year when the two companies first agreed to work together on biofuels research, said it would also
contribute $105 million toward the companies' existing $180 million research program.

Thursday, December 1, 2011

20111201 1030 Biofuel Related News.

US ETHANOL PRODUCTION CAPACITY OVER 14 BLN GALLONS
Nov 29 (Reuters) - The U.S. biofuels industry has more than 14 billion gallons in annual production capacity for fuel ethanol, according to new industry and government data, but growth has hit a plateau and experts see steady but slow capacity growth going forward.
A government report issued Tuesday shows fuel ethanol industry maximum sustainable capacity at 193 plants capable of churning out 14.2 billion gallons a year or 929,000 barrels a day. The data, issued as a first-ever report by the Energy Information Administration, is nearly a year old, based on information as of Jan. 1, 2011.

SAO MARTINHO SEES HIGHER SUGAR PRICES IN BRAZIL
SAO PAULO, Nov 28 (Reuters) - The decline of the Brazilian currency against the dollar should improve sugar prices in local terms and therefore profit margins, an executive at sugar and ethanol producer Sao Martinho  said on Monday.
The Brazilian real  dipped about 17 percent in the last quarter, and economists do not expect it to return to the stronger levels reached earlier this year. After touching its highest mark in 12 years in July, at around 1.54 to the dollar, it is now traded around 1.85 to the dollar.

BRAZIL'S NORTHEAST CHURNS OUT RECORD CANE CROP
SAO PAULO, Nov 25 (Reuters) - Boosted by plentiful rain, Brazil's northeast is reaping a record sugarcane crop, while output declines in the main center-south region, industry officials and analysts said.
The use of new more robust cane varieties and an expansion of irrigated areas also contributed to the increase in cane output, which could top 67 million tonnes, up from last season's 63 million tonnes, they said.

EU OPENS INVESTIGATION INTO U.S. BIOETHANOL SUBSIDIES
BRUSSELS, Nov 25 (Reuters) - The European Commission launched an investigation on Friday over complaints that U.S. bioethanol exporters are using unfair state subsidies to sell their fuel to Europe at illegally low prices, a statement in the EU official journal showed.
The investigation follows a formal complaint by EU bioethanol industry association ePURE in October, which alleged that tax credits in the United States allow its exporters to cut their EU selling price by about 40 percent, EU diplomats said.

ICE SUGAR HAS FLOOR AROUND 17 CENTS-JOB ECONOMIA
SAO PAULO, Nov 23 (Reuters) - ICE front-month raw sugar futures prices would have a floor of around 17 cents a lb, as Brazilian mills would find ethanol biofuel more remunerative than sugar around this level, an analyst said on Wednesday.
ICE front-month, March raw sugar futures  closed down 1.5 percent at 23.09 cents a lb on Wednesday, the lowest level in 5-1/2 months.

US ETHANOL OUTPUT RISES SLIGHTLY, STOCKS UP 2 PCT
Nov 23 (Reuters) - U.S. ethanol production rose slightly and stocks climbed 2 percent in the last week, the Energy Information Administration reported Wednesday.
U.S. ethanol production totaled 917,000 barrels per day in the seven days to Nov. 18, up 1,000 bpd from the previous week.

CHESAPEAKE, PARTNERS SET SUNDROP BIOFUEL PLANT SITE
Nov 23 (Reuters) - Sundrop Fuels Inc, a biofuel startup financed by Chesapeake Energy Corp CHK.N> and venture capitalists, selected a site in Louisiana to build its first commercial production facility.
Sundrop expects to break ground for the $500 million facility, which will use wood waste combined with hydrogen from natural gas to produce gasoline, in the fall of 2012, a spokesman for the project said on Wednesday.

Thursday, November 24, 2011

20111124 0952 Biofuel Related News.

EU LIKELY TO CURB INDONESIAN PALM BIOFUEL IMPORTS
KUALA LUMPUR, Nov 23 (Reuters) - European Union (EU) governments are likely to curtail their imports of Indonesian palm
oil-based biofuel, which has become cheaper due to a tax cut, to protect their own domestic plants, a top analyst said on
Wednesday.
"The EU has supported the build of local production capacity that is heavily underutilised and will not be able to survive if
foreign competitors to rapeseed biodiesel cannot be kept out of the market," Fredrik Erixon, director of the European Centre
for International Political Economy told Reuters.

BRAZIL CANE INDUSTRY CONFRONTS ITS OUTPUT LIMITS
SAO PAULO, Nov 22 (Reuters) - Brazil's once booming cane sector is coming to grips with its own limits and curbing unrealistic expectations, after a frustrating harvest and a still unclear investment environment ahead.
After the years of euphoria that ended with the 2008 global financial crisis, the industry is now adopting a more relaxed approach when talking about prospects for sugar and ethanol production over the next few years. Demand forecasts however remain bright.
 
CANE MILL BUILDING COSTS MORE ATTRACTIVE-PETROBRAS
SAO PAULO, Nov 22 (Reuters) - Rising prices of existing cane mills in Brazil are turning the option of building new ones more
attractive for those companies willing to expand capacity, a director at state-run oil company Petrobras said Tuesday.
This would represent a change in a trend that has been in place since the 2008 global financial crisis, which caught many
mills too indebted in the middle of ambitious expansion programs.

BRAZIL SUGAR WEEK TO FOCUS ON COMPETITIVENESS
SAO PAULO, Nov 20 (Reuters) - Brazil's rising costs of sugar production and the challenge of how to help the domestic ethanol
industry meet strong biofuel demand will be key themes of Brazil Sugar Week starting on Monday.
The events this week will bring together several hundred traders, brokers, fund managers, analysts and industry leaders from
around the world for conferences and seminars on sugar and ethanol culminating in an industry dinner on Thursday.

US GOV'T A TENUOUS BEACHHEAD FOR BIOFUEL FIRMS
SAN FRANCISCO, Nov 20 (Reuters) - The U.S. military has emerged as a key ally for fledgling producers of non-food-based
biofuels, who find themselves threatened by looming budget cuts and growing political hostility to renewable energy funding.
A U.S. Navy plan to cut its fossil fuel use in half by 2020 is only part of the story.

ITALY 2011 BIODIESEL OUTPUT SEEN DOWN 32 PCT
MILAN, Nov 18 (Reuters) - Biodiesel output in Italy, a major producer in the European Union, is set to fall to 500,000 tonnes
at best this year, a 32 percent drop from 2010, hit by soaring inflows of cheaper imports, a senior industry official said on
Friday.
The Italian industry produced 211,234 tonnes of biodiesel in the first six months of this year and second-half output is
expected to be broadly similar, Maria Rosaria Di Somma, director general of the industry body Assocostieri-Unione Produttori
Biocarburanti, told Reuters.
 
US ETHANOL OUTPUT AND STOCKS RISE IN LAST WEEK
Nov 16 (Reuters) - U.S. ethanol production rose as did stocks in the last week, the Energy Information Administration
reported Wednesday.
U.S. ethanol production totaled 916,000 barrels per day in the seven days to Nov. 11, up 5,000 barrels per day from the
previous week.

EU BIOFUEL TARGET SEEN DRIVING SPECIES LOSS -STUDY
BRUSSELS, Nov 16 (Reuters) - A European Union target to promote the use of biofuels will accelerate global species loss
because it encourages the conversion of pasture, savanna and forests into new cropland, EU scientists have warned.
The finding raises fresh doubts over the benefits of biofuels, which were once seen as the most effective way of cutting road
transport emissions, but whose environmental credentials have increasingly been called into question.

Thursday, November 17, 2011

20111117 0938 Biofuel Related News.

EU PLANS PROBE OF US BIOETHANOL SUBSIDIES-DIPLOMATS
BRUSSELS, Nov 15 (Reuters) - The European Union's trade authority plans to start an investigation into whether U.S. bioethanol exporters are receiving unfair state subsidies and selling their fuel to Europe at illegally low prices, diplomats said on Tuesday.  The European Commission investigation could result in import tariffs as early as next year on hundreds of millions of litres of the fuel if EU officials unearth evidence of unfair trade practices in the United States.

EU BIODIESEL PLANTS FEAR CLOSURE AS IMPORTS SURGE
HAMBURG, Nov 15 (Reuters) - A number of European biodiesel refiners are likely to go under, and the EU will be under pressure to erect barriers to imports in the coming year as low demand in Europe for the green fuel combines with stiff competition from abroad.  "Many biodiesel companies are already in a critical situation, and there is a risk that this will be transformed into companies closing in the next months," said Raffaello Garofalo, secretary general of the European biodiesel industry association EBB.

ADM TO BUILD CANOLA BIODIESEL PLANT IN CANADA
Nov 14 (Reuters) - U.S.-based agribusiness Archer Daniels Midland Co  said on Monday that it would build Canada's largest biodiesel plant as Canada aims to meet its ambitious mandate for increasing renewable content in fuels. The 265-million-litre (70-million-gallon) plant at Lloydminster, Alberta, would crush canola, Canada's second-biggest crop after spring wheat, and boost ADM's North American biodiesel production capacity by 50 percent.

COLUMN-EU BIOFUELS INDUSTRY IN DENIAL OVER CO2 ERROR-GERARD WYNN
LONDON, Nov 14 (Reuters) - The European Union wants bio-energy use to rise by more than half by 2020 arguing that the energy source is carbon neutral: the trouble is it isn't, and the target should in fact be scrapped. Such a move would face huge opposition from farming, forestry and energy lobbies and slow or reverse a multi-billion -euro bio-energy industry in Europe.

BRAZIL CS SUGAR OUTPUT WINDS DOWN IN LATE OCT
SAO PAULO, Nov 10 (Reuters) - Sugar production in Brazil's center-south in the second half of October dipped 23.5 percent from a year ago, as more mills ended crushing the 2011/12 cane crop, sugar cane industry association Unica said on Thursday. Sugar output totaled 1.47 million tonnes, down from 1.92 million tonnes a year earlier. Eighty-nine out of the 310 existing mills in the region had concluded crushing by Nov. 1.

US ETHANOL OUTPUT DIPS, STOCKS FALL 4.5 PCT
Nov 9 (Reuters) - U.S. ethanol production fell and stocks were off 4.5 percent, as output slowed following a rise to the highest level in more than nine months the previous week. The Energy Information Administration reported Wednesday that U.S. ethanol production totaled 911,000 barrels per day in the seven days to Nov. 4, down 5,000 barrels per day from the previous week, which had been the highest output since the week
ending January 21.

Thursday, November 10, 2011

20111110 1014 Biofuel Related News.

Workers lift strike at French biodiesel plants
PARIS, Nov 8 (Reuters) - Workers at two plants totalling nearly a third of France's biodiesel production capacity voted to lift a strike on Tuesday after several weeks of protests over work conditions and wages, a spokesman for the plants' operator said.
The strike, which started on Oct. 5 in the Grand-Couronne plant with a capacity of 500,000 tonnes of biodiesel a year, had brought production to a standstill.

German 2011/12 sugar output seen up sharply
HAMBURG, Nov 8 (Reuters) - Germany's refined sugar output in the current 2011/12 season will rise to 4.67 million tonnes, from 3.44 million tonnes in 2010/11, Germany's sugar industry association WVZ said on Tuesday.
A major rise had been expected following an expansion of German sugar beet plantings and favourable weather that has increased beet sugar content.

United to fly Houston-Chicago on Solazyme biofuel
Nov 6 (Reuters) - United Airlines, the world's largest air carrier, will make the first U.S. commercial flight using an "advanced biofuel" on Monday, algae-based biofuel maker Solazyme Inc  said.
The flight from Houston to Chicago will take the Boeing  737-800 from the former home city of Continental Airlines to the base of United, which took over Continental last year to form United Continental Holdings Inc .

EU ethanol firms seek investigation of US subsidies
BRUSSELS, Nov 2 (Reuters) - European Union bioethanol producers have asked regulators to investigate whether U.S. exporters are receiving illegal subsidies, a move that could trigger import tariffs on the green fuel, EU producers said on Wednesday.
Placed with the European Commission on Oct. 12, according to industry sources, the complaint could result in a formal investigation later this month, and in provisional tariffs next year on hundreds of millions of liters of bioethanol from the United States.

US ethanol output rises to 9-month high
Nov 2 (Reuters) U.S. ethanol production rose to the highest level in more than nine months over the last week as strong margins and good blender demand fueled output.
The Energy Information Administration reported Wednesday that U.S. ethanol production totaled 916,000 barrels per day in the seven days to Oct. 28, up 7,000 barrels per day from the previous week, and the highest output since the week ending January 21.

Thursday, November 3, 2011

20111103 1050 Biofuel Related News.

Brazil 2011/12 CS sugar output cut again - Unica
SAO PAULO, Nov 1 (Reuters) - Brazil's main cane-milling association cut its forecast for the current crop again on Tuesday and said next season would show "timid growth" as aging plants and bad weather exact tolls on output.
Sugar production from the main center-south cane region is now forecast at 30.8 million tonnes, down from 31.57 million tonnes projected in August, industry association Unica said in its latest forecast of the 2011/12 crop.

EU biodiesel output hit by high imports -Oil World
HAMBURG, Nov 1 (Reuters) - European Union biodiesel imports are rising sharply and the bloc's own 2011 production of the fuel is likely to fall partly because of heated competition from outside supplies, Hamburg-based oilseeds analysts Oil World forecast on Tuesday.
"EU imports of biodiesel have increased sharply so far this year and will probably reach a record 2.52 million tonnes in Jan./Dec. 2011, up 21 percent from last year," Oil World said.

EU ethanol firms demand subsidy inquiry on US fuel-sources
BRUSSELS, Oct 31 (Reuters) - European bioethanol producers have asked EU trade authorities to investigate whether their U.S. rivals are receiving illegal subsidies from Washington and dumping fuel on the EU market, legal and industry sources said on Monday.
The EU could impose tariffs next year on hundreds of millions of litres from the United States if it can prove that U.S. tax credits for U.S. firms that blend ethanol with gasoline are illegal.

Sao Martinho takes stake in Brazil cane mill
RIO DE JANEIRO, Oct 31 (Reuters) - Brazilian sugar and ethanol producer Sao Martinho  said it bought a 32 percent stake in cane mill Santa Cruz Acucar and an 18 percent stake in its agricultural management company Agropequaria Boa Vista for a combined 187.4 million reais ($110 million).
This is that latest in a long series of mergers and acquisitions that has swept through Brazil's cane industry since the financial crisis in 2008 weakened many over-leveraged mills to the point that they became soft takeover targets for deep-pocketed milling groups like Sao Martinho.

Boeing, Embraer enter Brazil jet-biofuel venture
SAO PAULO, Oct 26 (Reuters) - U.S. planemaker Boeing Co  and its Brazilian counterpart Embraer  have joined forces to map out how best to expand the use of biofuels for jet engines from renewable sources such as sugar cane.
With the Sao Paulo State Scientific Research Federation (Fapesp), the two companies signed an agreement on Wednesday to construct a research center in Brazil that will study the infrastructure, transport and global marketing of biokerosene for the industry that has become increasingly sensitive to public attempts to brand it as an agent of global warming.

US ethanol output edges up, highest since June
Oct 26 (Reuters) - U.S. ethanol production rose slightly last week as corn harvest produced fresh supplies of the key ingredient for the fuel on good blender demand.
The Energy Information Administration reported Wednesday that U.S. ethanol production totaled 909,000 barrels per day in the seven days to Oct. 21, up 1,000 barrels per day from the previous week.

Thursday, October 27, 2011

20111027 1004 Biofuel Related News.

UK BOOSTS SUPPORT FOR MARINE, BIOMASS POWER
LONDON, Oct 20 (Reuters) - Britain proposed to more than double financial support for its nascent marine energy industry on Thursday as well as provide additional subsidies for biomass generation, while cutting rates for more mature technologies such as wind and hydro power.
The policy changes lifted share prices at biomass developer Drax  as high as nearly 16 percent, while prompting utility Centrica  to say it would put two offshore wind projects under review.

PROPOSAL TO KILL ETHANOL PUMP AID DIES IN SENATE
WASHINGTON, Oct 19 (Reuters) - A proposal that would have stopped subsidies for new gas station pumps to boost ethanol sales failed to make it into the Senate's version of the U.S. Agriculture Department's fiscal 2012 budget on Wednesday.
The measure, proposed by U.S. Senator John McCain as a way to trim federal spending, would have prevented the USDA from offering grants and loans for rural gas stations to install "blender pumps."

US ETHANOL OUTPUT UP 5.6 PCT AFTER SLOWDOWN
Oct 19 (Reuters) - U.S. ethanol production rose more than 5 percent last week in a bounce back from slowed output tied in part to fall maintenance at Midwestern plants.
The Energy Information Administration reported Wednesday that U.S. ethanol production totaled 908,000 barrels per day in the seven days to Oct. 14, up 48,000 barrels per day from the previous week.

NEW VENTURE BENRI TO RATE BRAZIL SUGAR-ETHANOL MILLS
SAO PAULO, Oct 19 (Reuters) - Brazilian joint venture BENRI plans to rate sugar and ethanol mills on efficiency, a new service for the sector that is expected to improve performance of mills and the terms of credit they receive from banks.
BENRI, short for Biomass Energy Research Institute, was conceived two years ago by sugar and ethanol analysts Datagro and technical consultants Fermentec.

SECOND GENERATION BIOFUEL ON CUSP OF BREAKTHOUGH-DSM
AMSTERDAM, Oct 19 (Reuters) - Dutch life sciences group DSM  said the development of second-generation biofuels is nearing a major breakthrough with commercial production just a couple of years away that could open up a market worth $5 billion a year.
Second-generation biofuels are increasingly being seen as a preferred alternative to first-generation fuels, which drew criticism after sparking food inflation because they are made from food crops such as maize, sugar cane and rapeseed.

ARGENTINA TO HIKE BIODIESEL OUTPUT BY 2015-EXECUTIVE
AVELLANEDA, Argentina, Oct 18 (Reuters) - Argentine biodiesel production will nearly triple by 2015 to 7 million tonnes per year, an executive at one of the country's leading agro-industrial companies told Reuters on Tuesday.
Argentina is one of the world's biggest exporters of biodiesel, producing the fuel from ample supplies of soybean oil, and production has skyrocketed in recent years.

Thursday, October 20, 2011

20111020 0958 Biofuels Related News.

ARGENTINA TO HIKE BIODIESEL OUTPUT BY 2015-EXECUTIVE
AVELLANEDA, Argentina, Oct 18 (Reuters) - Argentine biodiesel production will nearly triple by 2015 to 7 million tonnes per year, an executive at one of the country's leading agro-industrial companies told Reuters on Tuesday.
Argentina is one of the world's biggest exporters of biodiesel, producing the fuel from ample supplies of soybean oil, and production has skyrocketed in recent years.

MCCAIN MEASURE WOULD STOP AID FOR US ETHANOL PUMPS
WASHINGTON, Oct 18 (Reuters) - U.S. Senator John McCain offered an amendment on Tuesday to an agriculture bill that would prevent the government from subsidizing new service station pumps that would boost the sale of ethanol for motor vehicles.
McCain's amendment would prevent the federal government from funding so-called "blenders' pumps" in the 2012 agriculture appropriations bill, which could be voted on as soon as later on Tuesday.

BIOFUELS GROWTH STIFLED BY EU POLICY DELAYS -BP
LONDON, Oct 18 (Reuters) - Biofuels for use in transport are becoming more competitive compared with oil but the pace of growth has slowed due to a lack of regulation and sustainability standards in Europe, the chief executive of BP's  biofuels division said.
"In the UK, biofuels get no tax breaks whatsoever. The biggest obstacle (to biofuel growth) is uncertainty around the future of mandates and clear (European Union) sustainability standards," Philip New of BP Biofuels told Reuters in an interview on Tuesday.

BOOMING ETHANOL BIZ ALTERS CORN USE PATTERNS-USDA
CHICAGO, Oct 17 (Reuters) - U.S. Agriculture Department officials faced a day of criticism over recent forecasts that have roiled the grains market, saying that the explosive growth of the ethanol sector had upended traditional patterns.
The robust growth of the ethanol sector in the last few years has altered the structure of the U.S. corn market and is complicating the government's efforts to gauge feed use, the U.S. Agriculture Department said.

BRAZIL'S BIG NEW POLICY RISK: IMPROVISATION
BRASILIA, Oct 14 (Reuters) - Creativity and improvisation have long been the most celebrated trademarks of Brazilian soccer teams.
For governments, though, those traits are less desirable. President Dilma Rousseff's willingness to make sudden, unexpected changes to economic policy is becoming one of the biggest risks of doing business in Brazil, a trend that officials tell Reuters is likely to continue in coming months.

ORIGINOIL TO ISSUE LICENCES FOR ALGAE KNOW-HOW
AMSTERDAM, Oct 14 (Reuters) - U.S.-based OriginOil , which has developed ways to harvest algae as biomass, sees potential for the tiny plants to be used to cut carbon emissions in the production of biofuels, plastics and fertilisers, the chief executive said on Friday.
The development of algae as a form of biofuel has been held in check by the high cost and technical difficulty of extracting the oil ingredients.

COLUMN-EU MUST TAKE LONG LOOK AT BIO-ENERGY CO2 EMISSIONS-GERARD WYNN
(Gerard Wynn is a Reuters market analyst. The views expressed are his own.)
LONDON, Oct 12 (Reuters) - The European Union's efforts to establish the full carbon emissions from burning bio-energy is an all but impossible task which illustrates the difficulty of trying to cut humankind's environmental impact, which first has to be measured.
The complexity of trying to link energy crops including corn for ethanol on one side of the planet with carbon emissions on the other is a tangled web of cause and effects which might recall an equation in atmospheric physics.

Thursday, October 13, 2011

20111013 0950 Biofuels Related News.

ITALY 2011 BIODIESEL OUTPUT SEEN DOWN 18 PCT-INDUSTRY
MILAN, Oct 7 (Reuters) - Biodiesel output in Italy, a major producer in the European Union, is expected to fall some 18 percent to about 600,000 tonnes this year hit by surging inflows of cheaper imports, a senior industry official said on Friday.
Italian biodiesel makers, who use mostly imported raw materials including palm oil and rapeseed, have been hit hard in the past couple of years by cheap imports which sometimes cost less than the raw materials, industry experts have said.

BIODIESEL INDUSTRY REJECTS EU LAND USE IMPACT STUDY
BRUSSELS, Oct 7 (Reuters) - Europe's biodiesel industry rejected the findings of a draft EU study showing that the cultivation of rapeseed to make road transport fuels is worse for the climate than using conventional diesel.
The European Biodiesel Board (EBB) said on Friday the study's central finding -- that the effects of indirect land use to produce most types of biodiesel cancel out any theoretical emissions savings -- was "highly debatable and unscientific".

THAILAND AIMS TO BE REGIONAL ENERGY HUB, TO UP OIL RESERVES
BANGKOK, Oct 6 (Reuters) - Thailand aims to revive a long-stalled plan to become an oil trading and biofuel hub in Southeast Asia, challenging Singapore's dominance, its new energy minister said on Thursday.
The net oil importer plans to boost its crude reserves, excluding refined oil products, to 29 days from 18 days now to improve energy security, said Pichai Naripthaphan, as consumers face volatile crude prices which continue to hold above $100 a barrel. .

US BILL WOULD EASE ETHANOL RULE WHEN CORN STOCKS LOW
WASHINGTON, Oct 5 (Reuters) - Two dozen U.S. lawmakers are seeking to dilute a requirement to blend increasing amounts of ethanol into motor fuel, in a move that would alleviate upward pressure on food and feed prices when corn supplies are short.
Under a bill unveiled on Wednesday, Congress would reduce the mandate for ethanol whenever stocks of corn, used to make the biofuel, are tight.

US ETHANOL OUTPUT CLIMBS 2.6 PCT BUT STILL SLUGGISH
Oct 5 (Reuters) - U.S. ethanol production rebounded 2.6 percent last week though output remained sluggish, and stocks fell due to strong demand, the government said on Wednesday.
The Energy Information Administration reported that U.S. ethanol production totaled 863,000 barrels per day in the seven days to Sept. 30, up 22,000 barrels per day from the previous week but still the second-lowest level since early May.

INDUSTRY SPLIT EMERGES OVER BIOFUELS' INDIRECT IMPACT
BRUSSELS, Oct 5 (Reuters) - European bioethanol producers have broken ranks and urged EU policymakers to introduce rules on the indirect climate impacts of biofuels that distinguish between "good and bad biofuel pathways", Reuters has learned.
The call is the first sign of a split within the EU biofuel industry on the controversial issue of indirect land use change (ILUC), which threatens to undermine the green credentials of some biofuels due to their role in diverting food into fuel tanks.

Thursday, October 6, 2011

20111006 1011 Biofuels Related News.

US UNLIKELY TO HIT ADVANCED BIOFUEL GOAL - REPORT
WASHINGTON, Oct 4 (Reuters) - The United States will likely fail to reach its long-term mandate for making advanced ethanol from trees, grasses and crop waste unless producers innovate significantly, a scientific advisory group said on Tuesday.
The National Research Council's comments are the latest sign that backers of alternative fuels must wait longer for "next-generation" ethanol. Touted as the motor fuel of the future, it has struggled with high production costs and other setbacks.

OVERBEARING BRASILIA AT FAULT IN ETHANOL SHORTAGE
SAO PAULO, Oct 4 (Reuters Breakingviews) - Once seen as a potential supplier of ethanol to the world, Brazil is now itself short. Lack of investment in the past few years and squeezed margins mean biofuel production is not matching demand growth. The industry's predicament is also affecting oil giant Petrobras  and shows the risks of a crop-based fuel market constrained by government policies.
In the past month, the Brazilian government cut the amount of ethanol in the gasoline blend to 20 percent from 25 percent in an attempt to guarantee availability at the pump. But while that conserves ethanol, it is forcing state-owned Petrobras to import gasoline, sometimes paying more than it can sell it for, since it doesn't have enough refining capacity. Imports into Brazil of U.S.-produced ethanol have been rising too.

US CHARGES MAN WITH $9 MLN IN BIOFUEL CREDIT FRAUD
WASHINGTON, Oct 4 (Reuters) - The U.S. Environmental Protection Agency said on Tuesday a Maryland man has been charged with selling $9 million in renewable fuel credits purportedly produced by his company Clean Green Fuel, LLC.
Rodney Hailey has been charged with wire fraud, money laundering, and violation of the Clean Air Act in connection to trade in renewable identification numbers, or RINs, EPA said.

US ALLEGES $9 MLN BIOFUEL SCHEME PAID FOR EXOTIC CARS
WASHINGTON, Oct 4 (Reuters) - A Maryland man has been charged by the federal government for selling $9 million in fraudulent renewable fuel credits and using the money to buy a Ferrari, a Lamborghini, and a Maserati, among other things.
The U.S. Environmental Protection Agency said on Tuesday that Rodney Hailey, the owner of Clean Green Fuel, LLC, has been charged with wire fraud, money laundering, and violation of the Clean Air Act in connection to trade in renewable identification numbers, or RINs, purportedly produced by his company.

FRENCH SUGAR CO-OP EYES EU REFORM WITH 1 BLN DEAL
PARIS, Oct 4 (Reuters) - French sugar co-operative Cristal Union is to buy local rival Vermandoise  in a deal worth nearly 1 billion euros ($1.3 billion), as it gears up for an expected liberalisation of the European sugar market.
The takeover, which would create the second-largest sugar group in France after Tereos and the fifth-largest in the European Union, would help Cristal Union compete in European and world markets once the EU dismantles its sugar quota system later this decade, company officials said on Tuesday.

TOYOTA TO OFFER PLANT-BASED BIOFUEL BY 2020-NIKKEI
Oct 4 (Reuters) - Toyota Motor Corp  said it will commercialize a plant-based biofuel by 2020, produced with a new strain of yeast developed inhouse, the Nikkei business daily reported.
Over the next four to five years the automaker said it will work to develop low-cost techniques to produce the biofuel, the paper said.

ETHANOL SEEN STOKING ARGENTINA'S CORN OUTPUT
BUENOS AIRES, Sept 30 (Reuters) - Five new ethanol plants are set to start up in Argentina over the next two years, requiring about 1.2 million tonnes of corn annually and giving farmers a new market for their grains.
Argentina is the world's No. 2 corn exporter after the United States, but until now it has not harnessed the local grain harvest to make ethanol, relying instead on sugar cane.

GREENERGY DIGS DEEPER INTO WASTE TO MAKE BIODIESEL
LONDON, Sept 29 (Reuters) - Major British independent oil firm Greenergy sees its future as an exploration company, but one that hunts for fuel in piles of stale pork pies and cakes rather than under the ground or from food crops.
The refined oil product wholesaler is still investing in the embattled European Union biodiesel sector, aiming to utilise ever more challenging waste products after abandoning, at least for now, the widely criticised use of virgin vegetable oils.

EU LAWMAKERS CALL FOR GLOBAL GREEN ENERGY TARGETS
STRASBOURG, France, Sept 29 (Reuters) - EU lawmakers recommended on Thursday including a call for global targets on renewable energy and energy efficiency in the European Union's negotiating position for next year's Rio+20 sustainability summit in June.
"We should aim at globally binding targets," said Karl-Heinz Florenz, a member of the European Parliament who helped draft the resolution.

U.S. GIVES $136 MLN FOR ADVANCED BIOFUELS RESEARCH
WASHINGTON, Sept 28 (Reuters) - U.S. university researchers will get $136 million to develop advanced biofuels, including to develop jet fuel, by using tall grasses, woody plants and energy cane, the U.S. government said on Wednesday.
Nearly two-thirds of the money will go towards aviation biofuels projects in the Pacific Northwest, including efforts to develop a regional source of bio-jet fuel for Seattle-Tacoma International Airport.

Thursday, September 29, 2011

20110929 1011 Biofuels Related News.

U.S. DOE FINALIZES LOAN AID FOR POET ETHANOL PLANT
WASHINGTON, Sept 23 (Reuters) - Private U.S. ethanol maker POET said on Friday the Department of Energy has finalized approval for $105 million in loan aid for building a cellulosic ethanol plant to make fuel from corn waste.
The Obama administration has been under fire from Republicans who say it missed key warning signs before the DOE issued loan aid for the start-up solar company Solyndra, which went bankrupt.

BRAZIL CANE INVESTMENT BUBBLES BUT STILL NOT BOILING
SAO PAULO, Sept 23 (Reuters) - Investments in the expansion of Brazil's sugar and ethanol industry have resumed and could pick up in 2012 as some groups dust off projects that had been shelved in the wake of the 2008 credit crisis and as inquiries into abandoned projects rise.
A few deep-pocket groups have recently announced expansion plans for mills and, although projects are just a shadow of those seen prior to the crisis, they should put an end to a long hiatus in this kind of investment.

U.S. HOUSE BILL WOULD LOWER MANDATE TO USE ETHANOL
WASHINGTON, Sept 22 (Reuters) - Legislation was being drafted in the U.S. House of Representatives that would reduce the federal mandate to use fuel ethanol when corn supplies are tight, a congressional staff worker confirmed on Thursday.
The staffer said a bill was under consideration but declined to discuss details.

FULCRUM BIOENERGY FILES FOR IPO OF UP TO $115 MLN
Sept 22 (Reuters) - Biofuel producer Fulcrum BioEnergy Inc filed with U.S. regulators on Thursday to raise up to $115 million in an initial public offering of common stock.
In a filing with the U.S. Securities and Exchange Commission, the company said UBS Investment Bank will underwrite the offering.

U.S. ETHANOL OUTPUT FALLS 8,000 BARRELS PER DAY
Sept 21 (Reuters) - U.S. ethanol production fell nearly 1 percent last week as gasoline demand dipped, limiting blender consumption.
The Energy Information Administration said on Wednesday that U.S. ethanol production totaled 871,000 barrels per day in the seven days to Sept. 16, down 8,000 barrels per day, or 0.9 percent, from the previous week.

Thursday, September 22, 2011

20110922 0931 Biofuel Related News.

CARGILL IN BRAZIL CANE CRUSHING JOINT VENTURE
SAO PAULO, Sept 19 (Reuters) - Cargill plans to expand cane crushing capacity in Brazil through a joint venture with local group Usina Sao Joao, to meet growing demand for ethanol, the U.S. agribusiness giant said on Monday .
The joint venture SJC Bioenergia has two mills in the center-western state of Goias.

SCIENTIFIC ADVISORS URGE RETHINK OF EU BIOFUEL POLICY
BRUSSELS, Sept 16 (Reuters) - A panel of 19 European scientists called for a review of European Union bioenergy legislation and warned the bloc on Friday against delay in addressing the indirect climate impact of biofuels.
The Scientific Committee of the European Environment Agency -- the 27-nation EU's environment watchdog -- warned of a "serious accounting error" in EU and global rules to promote the use of bioenergy, such as biofuels made from food crops.

UK APPROVES WELSH 299 MW BIOMASS PLANT
LONDON, Sept 16 (Reuters) - Britain's energy ministry on Friday approved a 299-megawatt (MW) biomass power plant in Anglesey, Wales, proposed by a subsidiary of Anglesey Aluminium Metal.
"Biomass power stations such as this one in Anglesey will provide us a reliable, secure, flexible and renewable source of power," said Energy Minister Charles Hendry.

ARGENTINE GRAINS EXPORTER BETS ON CORN ETHANOL
BUENOS AIRES, Sept 14 (Reuters) - Argentine grains exporter ACA is about to start work on one of the country's first corn-based ethanol plants, betting on increased domestic demand for the fuel, the association's president said on Wednesday.
Argentina is the world's No. 2 corn exporter after the United States and farmers are expected to dedicate about 10 percent more land to the crop this year, taking advantage of high global prices.

BP PLANS TO QUADRUPLE BRAZIL CANE OPS IN 5 YEARS
SAO PAULO, Sept 14 (Reuters) - Oil major BP  said on Wednesday it plans to quadruple its cane crushing capacity in Brazil within five years, renewing its confidence in a sector that saw a lag in new investments over the past few years.
The increase should be through the expansion of its current units and the construction of new plants.

BIOENERGY TARGETS BASED ON FLAWED SCIENCE -DRAFT
BRUSSELS, Sept 14 (Reuters) - Existing targets for biofuels and other forms of bioenergy are based on flawed carbon accounting and should be revised downwards, a draft report by a panel of 19 top European scientists showed.
"It is widely assumed that bioenergy is inherently carbon-neutral -- however this assumption is flawed," said the Scientific Committee of the European Environment Agency, the EU's environment watchdog.

ETHANOL INDUSTRY TO STAY HUNGRY FOR U.S. CORN
KANSAS CITY, Mo., Sept 14 (Reuters) - The U.S. ethanol industry is keeping its foot on the gas pedal at production plants, and if the trend continues it could defy a government forecast that the industry will have its first drop in corn use since the turn of the century.
The government forecast, which was issued on Monday, was based on expected weaker gasoline use and higher corn prices. Ethanol is blended with gasoline. In addition, some analysts said the expiration of an industry tax credit at the end of the year could also eat into profits.

THAILAND TO EXPORT MORE ETHANOL, AIMS TO BE TRADE HUB
BANGKOK, Sept 14 (Reuters) - Thailand plans to become a Southeast Asian centre of ethanol trade, encouraging producers to increase production for exports as domestic demand declines with car users switching back to pure fossil fuels, the Energy Minister said on Wednesday.
The country has exported 60 million litres of ethanol so far this year, up from 45 million litres shipped for the whole of 2010, to major buyers such as South Korea, Japan, Singapore, the Philippines and China.

Thursday, September 15, 2011

20110915 1046 Biofuel Related News.

ETHANOL INDUSTRY TO STAY HUNGRY FOR U.S. CORN
KANSAS CITY, Mo., Sept 14 (Reuters) - The U.S. ethanol industry is keeping its foot on the gas pedal at production plants and if the trend continues it could defy a government forecast that the industry will have its first drop in corn use since the turn of the century.
The government forecast, which was issued on Monday, was based on expected weaker gasoline use and higher corn prices. Ethanol is blended with gasoline. In addition, some analysts said the expiration of an industry tax credit at the end of the year could also eat into profits.

BIOENERGY TARGETS BASED ON FLAWED SCIENCE -REPORT
BRUSSELS, Sept 14 (Reuters) - Existing targets for biofuels and other forms of bioenergy are based on flawed carbon accounting and should be revised downwards, a draft report by a panel of 19 top European scientists showed.
"It is widely assumed that bioenergy is inherently carbon-neutral. However, this assumption is flawed," said the Scientific Committee of the European Environment Agency, the European Union's environment watchdog.

BRAZIL 2011 ETHANOL IMPORTS TO TOP 1 BLN LTS-UNICA
SAO PAULO, Sept 12 (Reuters) - Brazil will import 1.1 billion liters of anhydrous ethanol in the 2011/12 season (April-March) to meet increasing local demand and to cover local supply shortfalls, sugar cane industry association Unica said on Monday.
The world's second largest ethanol producer, after the United States, imported 78 million liters of the fuel in the previous season.

USDA TRIMS CORN USE FOR ETHANOL TO 5 BLN BU IN 11/12
WASHINGTON, Sept 12 (Reuters) - Ethanol makers will use slightly less corn to make the renewable motor fuel as higher corn prices and lower gasoline use curtail demand, the U.S. government said Monday.
The U.S. Agriculture Department lowered its estimate of corn used to produce the renewable fuel to 5 billion bushels in 2011/12, down 100 million bushels, or 2 percent, from 5.1 billion bushels forecast during August. The estimate was nearly in-line with usage during 2010/11 when 5.020 billion bushels were used to produce ethanol.

US ETHANOL OUTPUT BUMPS HIGHER, EXPORTS STRONG
KANSAS CITY, Mo., Sept 8 (Reuters) - U.S. ethanol production rose slightly in the last week but stocks decreased as export demand for the corn-based alternative fuel increased.
The Energy Information Administration said on Thursday that U.S. ethanol production totaled 896,000 barrels per day in the seven days to Sept. 2, up 8,000 barrels per day from the previous week.

EU TO DELAY ACTION ON BIOFUELS' INDIRECT IMPACT
BRUSSELS, Sept 8 (Reuters) - The European Union's top climate and energy officials have agreed to delay by up to seven years rules that would penalise individual biofuels for their indirect climate impacts, according to minutes of a meeting, seen by Reuters.
The political compromise is designed to protect EU farmers' incomes and existing investments in the bloc's 17 billion euro-a-year ($24 billion) biofuel sector, while discouraging new investments in biofuels that do nothing to fight climate change.

PETROCHINA PLANS TO BOOST BIOFUELS CAPACITY
TIANJIN, China, Sept 8 (Reuters) - PetroChina  plans to add 1.1 million tonnes of biofuels production capacity and import 470,000 tonnes of those fuels by 2015, a company official said on Thursday, as the oil firm aims to tap more alternative energy sources.
Of the planned production capacity, fuel ethanol will be 933,000 tonnes a year and biodiesel will be 165,000 tonnes a year, Fu Xingguo, deputy chief engineer of PetroChina's Petrochemical Research Institute, said at an industry conference.

Thursday, September 8, 2011

20110908 1000 Biofuels Related News.

MAURITIUS' OMNICANE TO BUILD KENYA SUGAR FACTORY - REPORT
PORT LOUIS, Sept 5 (Reuters) - Leading Mauritian sugar producer Omnicane  is planning to develop a $180 million sugar factory in Kenya to fill a production gap, L'Express newspaper reported on Monday.
Omnicane chief executive officer Jacques d'Unienville said the sugar factory will be situated in the south of Kenya's port city of Mombasa and will initially access 17,000 acres of sugar cane.

PETROBRAS TO UP GASOLINE IMPORTS TO REPLACE ETHANOL
RIO DE JANEIRO, Sept 2 (Reuters) - Brazil's state-controlled oil company Petrobras  will import more gasoline beginning in October to compensate for the decline in ethanol that is blended with the motor fuel, a top company official told Reuters on Friday.
Petrobras' refining capacity is "nearing its limit," which makes it harder for the Rio de Janeiro-based company to ramp up production of gasoline, said Paulo Roberto Costa, who heads Petrobras' supply unit.

GERMANY MAY SPOIL OUTLOOK FOR EU RAPESEED SOWINGS
HAMBURG, Sept 1 (Reuters) - Rain in Germany may spoil an otherwise positive picture for European Union rapeseed sowings for the 2012 harvest after bad weather caused a huge drop in the 2011 German crop, traders and analysts said on Thursday.
"It looks like the problem with German rain threatening EU rapeseed supplies will not end with this year's terrible German rapeseed crop. Unless the weather really dries up fast, smaller German sowings could also threaten the EU's 2012 crop," one trader said.

US ETHANOL OUTPUT DIPS NEARLY 2 PCT
KANSAS CITY, Mo., Aug 31 (Reuters) - U.S. ethanol production slipped nearly 2 percent last week and stocks were depleted at the same pace as good demand met with tight competition for high-priced corn, ethanol's key ingredient.
The Energy Information Administration said on Wednesday that U.S. ethanol production totaled 888,000 barrels per day in the seven days to Aug. 26, down 16,000 barrels per day from the previous week.

DENMARK'S DONG ENERGY EXPLORING LARGE BIOFUEL PLANT
COPENHAGEN, Aug 30 (Reuters) - Denmark's DONG Energy [DONG.UL] and local partners will explore the possibility of building a bioenergy complex, including a large-scale bioethanol plant to turn straw into fuel.
State-owned DONG has joined two local energy providers and a waste firm to form a consortium called Maabjerg Energy Concept, which will determine the feasibility of the project in western Jutland over the coming 15 months.

BRAZIL TO CUT ETHANOL BLEND IN GASOLINE FROM OCT.1
BRASILIA, Aug 29 (Reuters) - Brazil will cut the amount of ethanol biofuel it puts in its gasoline from October 1, the energy minister said on Monday, after a disappointing sugar cane crop too small to keep pace with growing demand.
Anhydrous ethanol content in gasoline will fall to 20 percent, down from the years-old 25 percent requirement, as a means to stretch projected supplies of ethanol.

LAND LAW CLIPS BRAZIL ETHANOL, SUGAR GROWTH EFFORT
BRASILIA, Aug 26 (Reuters) - The inability of Brazil's cane sector to keep up with growing demand for sugar and ethanol may worsen in the future if a government practice limiting land purchases by foreigners is maintained.
Foreign-controlled companies are now limited in the amount of land they can buy in Brazil after the Attorney General's office last year reinterpreted a law on the control of farm land by foreign capital. The decision was prompted by government concerns that alarming amounts of local land might be coming under control of foreign elements.

Friday, September 2, 2011

20110902 1104 Biofuels Related News.


BRAZIL HOPES FOR BIGGER CANE CROP IN 2012
BRASILIA, Aug 30 (Reuters) - Brazil's weather-ravaged sugar cane crop could rebound next year, helping the country begin to revive lagging ethanol production, an agriculture official said on Tuesday, but raising output to a comfortable level will take time and effort.
The world's top sugar producer has been unable keep output of cane ethanol biofuel in step with fast growing demand after adverse weather slashed yields and after mills recovering from the 2008 financial crisis slackened investments.

GERMAN GOVT, OIL LOBBY CLASH ON BIOFUEL USE TARGET
HAMBURG, Aug 30 (Reuters) - HAMBURG, Aug 30 (Reuters) - Germany's government and its oil industry association on Tuesday disagreed about whether the country can reach its 2011 biofuel use quotas as sales of a new gasoline blend with a higher biofuel content remain sluggish.
The German government this year raised the maximum permitted level of bioethanol blended in gasoline to 10 percent from 5 percent previously as part of Germany's programme to protect the environment by cutting CO2 emissions.

RISING BIOMASS DEMAND COULD DRIVE LAND GRABS-REPORT
LONDON, Aug 30 (Reuters) - Rising global demand for cleaner energy from biomass could drive more land acquisition in poorer nations where food security and land rights are weak, an International Institute for Environment and Development report said on Tuesday.
"If left unchecked, the growing pressure on land access  could undermine livelihoods and food security in some of the world's poorest countries," the London-based non-profit research group said, calling for more public scrutiny into global biomass expansion plans.

DENMARK'S DONG ENERGY EXPLORING LARGE BIOFUEL PLANT
COPENHAGEN, Aug 30 (Reuters) - Denmark's DONG Energy [DONG.UL] and local partners will explore the possibility of building a bioenergy complex, including a large-scale bioethanol plant to turn straw into fuel.
State-owned DONG has joined two local energy providers and a waste firm to form a consortium called Maabjerg Energy Concept, which will determine the feasibility of the project in western Jutland over the coming 15 months.

BRAZIL TO CUT ETHANOL BLEND IN GASOLINE FROM OCT.1
BRASILIA, Aug 29 (Reuters) - Brazil will cut the amount of ethanol biofuel it puts in its gasoline from October 1, the energy minister said on Monday, after a disappointing sugar cane crop too small to keep pace with growing demand.
Anhydrous ethanol content in gasoline will fall to 20 percent, down from the years-old 25 percent requirement, as a means to stretch projected supplies of ethanol.

LAND LAW CLIPS BRAZIL ETHANOL, SUGAR GROWTH EFFORT
BRASILIA, Aug 26 (Reuters) - The inability of Brazil's cane sector to keep up with growing demand for sugar and ethanol may worsen in the future if a government practice limiting land purchases by foreigners is maintained.
Foreign-controlled companies are now limited in the amount of land they can buy in Brazil after the Attorney General's office last year reinterpreted a law on the control of farm land by foreign capital. The decision was prompted by government concerns that alarming amounts of local land might be coming under control of foreign elements.

US ETHANOL EXPORTS TO SURPASS BRAZIL THIS YEAR-EIA
WASHINGTON, Aug 24 (Reuters) - Lax trade restrictions and high sugar prices should allow the United States to overtake Brazil in ethanol exports during the second half of 2011, the U.S. Energy Information Administration said on Wednesday.
During the first five months of 2011 U.S. ethanol exports more than doubled from the same period last year, the EIA said.

US ETHANOL OUTPUT CLIMBS EVEN AS CORN PRICES RISE
KANSAS CITY, Mo., Aug 24 (Reuters) - U.S. ethanol production bounced back in the last week with good demand helping offset high prices for key ingredient corn.
The Energy Information Administration said on Wednesday that U.S. ethanol production totaled 904,000 barrels per day, up 5,000 barrels per day from the previous week.