GERMAN RISE IN GASOLINE BIOFUEL BLEND DELAYED
HAMBURG, Dec 28 (Reuters) - An increase to the amount of biofuel blended into German gasoline will be delayed as more time is needed for technical changes for the new fuel mix, German oil industry association MWV said on Tuesday.
The German government in October approved a rise in the maximum level of bioethanol allowed in blended gasoline to 10 percent from 5 percent previously from Jan. 1, 2011.
CHINA TO EXEMPT CONSUMPTION TAX ON BIODIESEL
BEIJING, Dec 25 (Reuters) - China's Finance Ministry has retroactively exempted consumption tax on pure biodiesel made from waste animal fats or vegetable oils, and will refund taxes already paid over the last two years.
The policy is backdated to Jan. 1, 2009, the ministry said in a statement on its website late on Friday (www.mof.gov.cn).
S.KOREA SETS REQUIRED BIO-DIESEL MIX RATE FROM 2012
SEOUL, Dec 29 (Reuters) - South Korea, the world's No.5 oil importer, set its required bio-diesel mix rate system at 2 percent from 2012, the government said on Wednesday.
Asia's fourth-largest economy also unveiled details of a Renewable Portfolio Standard (RPS), for which a government bill was approved in March, requiring 14 state-run and private power utilities to boost supplies of renewable energy from 2012.
CERRADINHO TO FOCUS ON GOIAS CANE AFTER NOBLE DEAL
SAO PAULO, Dec 22 (Reuters) - Brazilian sugar and ethanol group Cerradinho, which sold two mills to Noble Group earlier this week, plans to expand its cane operations in Goias state, a new cane frontier, a member of its board or directors said.
The injection of around 600 million reais ($354 million) from Noble will enable the Sanches Fernandes family, owner of the group, to resume investments in expanding the only mill it kept.
Graphic - cane expansion: http://email.thomsonreuters.com/cgi-bin11/DM/t/hBBIh0VNnl20Hm40B22V0Ev
EU EXEC PLANS MORE ACTION ON UNSUSTAINABLE BIOFUEL
BRUSSELS, Dec 22 (Reuters) - The European Union's executive said on Wednesday it was looking at further measures to tackle the unwanted side-effects of biofuels production, which compromise the fuels' green credentials.
After a two-year investigation, the European Commission said the complex issue of "indirect land use change" could lessen carbon savings from biofuels, but it stopped short of immediately recommending new barriers against unsustainable biofuels.
NOVOZYMES SEES 2G ETHANOL BREAKTHROUGH DELAYED
COPENHAGEN, Dec 22 (Reuters) - Industrial enzymes producer Novozymes does not expect a major breakthrough in second-generation bioethanol in the United States for another four to five years, a senior executive said on Wednesday.
Novozymes' marketing director for biofuels, Poul Ruben Andersen, told Reuters he now sees no scope for second-generation ethanol to make a U.S. breakthrough until 2014 or 2015.
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