CELANESE TO BUILD COAL-TO-ETHANOL PLANTS IN CHINA
NEW YORK, Nov 9 (Reuters) - Celanese Corp plans to spend roughly $350 million on two coal-to-ethanol facilities in China, part of a broad push to supply ethanol for industrial chemical production.
The company, which is trying to revamp its business model to focus more on high-margin specialty chemicals, said it will use proprietary technology to produce about 400,000 tons of ethanol annually at each of the plants, which likely will be built on the Chinese coast.
FOOD GROUPS SUE U.S. FOR ETHANOL BOOST IN GASOLINE
WASHINGTON, Nov 9 (Reuters) - Livestock producers and food industry groups filed a suit on Tuesday seeking to overturn a U.S. decision to allow higher levels of ethanol in gasoline, saying it could push up food prices.
The Grocery Manufacturers Association, the National Meat Association and other groups sued the Environmental Protection Agency, saying regulators overstepped their authority when they ruled last month that gasoline retailers could sell fuel containing up to 15 percent ethanol. That is an increase from the current allowable level of 10 percent.
BIOFUEL WORSE FOR CLIMATE THAN FOSSIL FUEL -STUDY
BRUSSELS, Nov 8 (Reuters) - European plans to promote biofuels will drive farmers to convert 69,000 square km of wild land into fields and plantations, depriving the poor of food and accelerating climate change, a report by green groups warned.
That estimated area equals the size of the Republic of Ireland.
LAME DUCK SESSION BEST BET FOR US BIOFUEL CREDIT
CHICAGO, Nov 4 (Reuters) - The odds of U.S. Congressional leaders extending current biofuels tax credits are slim if the measures do not pass in the lame duck session that begins Nov. 15, a leading farm policy analyst said on Thursday.
"If it doesn't happen in the lame duck session, it may never happen," Gary Blumenthal, head of World Perspectives, a Washington-based consultancy specializing in the agri-food sector, told the Reuters global ags online forum.
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