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.
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