EU PLANS PROBE OF US BIOETHANOL SUBSIDIES-DIPLOMATS
BRUSSELS, Nov 15 (Reuters) - The European Union's trade authority plans to start an investigation into whether U.S. bioethanol exporters are receiving unfair state subsidies and selling their fuel to Europe at illegally low prices, diplomats said on Tuesday. The European Commission investigation could result in import tariffs as early as next year on hundreds of millions of litres of the fuel if EU officials unearth evidence of unfair trade practices in the United States.
EU BIODIESEL PLANTS FEAR CLOSURE AS IMPORTS SURGE
HAMBURG, Nov 15 (Reuters) - A number of European biodiesel refiners are likely to go under, and the EU will be under pressure to erect barriers to imports in the coming year as low demand in Europe for the green fuel combines with stiff competition from abroad. "Many biodiesel companies are already in a critical situation, and there is a risk that this will be transformed into companies closing in the next months," said Raffaello Garofalo, secretary general of the European biodiesel industry association EBB.
ADM TO BUILD CANOLA BIODIESEL PLANT IN CANADA
Nov 14 (Reuters) - U.S.-based agribusiness Archer Daniels Midland Co said on Monday that it would build Canada's largest biodiesel plant as Canada aims to meet its ambitious mandate for increasing renewable content in fuels. The 265-million-litre (70-million-gallon) plant at Lloydminster, Alberta, would crush canola, Canada's second-biggest crop after spring wheat, and boost ADM's North American biodiesel production capacity by 50 percent.
COLUMN-EU BIOFUELS INDUSTRY IN DENIAL OVER CO2 ERROR-GERARD WYNN
LONDON, Nov 14 (Reuters) - The European Union wants bio-energy use to rise by more than half by 2020 arguing that the energy source is carbon neutral: the trouble is it isn't, and the target should in fact be scrapped. Such a move would face huge opposition from farming, forestry and energy lobbies and slow or reverse a multi-billion -euro bio-energy industry in Europe.
BRAZIL CS SUGAR OUTPUT WINDS DOWN IN LATE OCT
SAO PAULO, Nov 10 (Reuters) - Sugar production in Brazil's center-south in the second half of October dipped 23.5 percent from a year ago, as more mills ended crushing the 2011/12 cane crop, sugar cane industry association Unica said on Thursday. Sugar output totaled 1.47 million tonnes, down from 1.92 million tonnes a year earlier. Eighty-nine out of the 310 existing mills in the region had concluded crushing by Nov. 1.
US ETHANOL OUTPUT DIPS, STOCKS FALL 4.5 PCT
Nov 9 (Reuters) - U.S. ethanol production fell and stocks were off 4.5 percent, as output slowed following a rise to the highest level in more than nine months the previous week. The Energy Information Administration reported Wednesday that U.S. ethanol production totaled 911,000 barrels per day in the seven days to Nov. 4, down 5,000 barrels per day from the previous week, which had been the highest output since the week
ending January 21.
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