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.
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