Thursday, January 6, 2011

20110106 0859 Biofuels Related News.

EU APPROVES ETHANOL VENTURE BETWEEN SHELL AND BRAZIL'S COSAN
BRUSSELS, Jan 4 (Reuters) - Royal Dutch Shell Plc  and Brazil's Cosan , the world's No. 1 sugar and ethanol company, won European Union approval on Tuesday for an ethanol and sugar joint venture.
The European Commission, the EU's competition authority, said it did not believe the deal would significantly impede competition in the European Union.

GERMAN 2010 BIOETHANOL SALES TO RISE STRONGLY
BERLIN, Dec 30 (Reuters) -German bioethanol sales are likely to rise strongly in 2011 largely because increased volumes can be blended in gasoline in the new year, the chief executive of German biofuels industry association VDB said on Thursday.
German imports and exports of green fuels could also be disrupted in early 2011 because other European Union countries failed to implement EU rules that biofuels must be produced from crops certified as coming from sustainable farming, said Elmar Baumann.

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.

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