Biofuels

Passion in United States ethanol surges in Mexico

Plantations International Information Passion from Mexican purchasers in US ethanol imports is having, with purchases enhancing 1,756 % from 2006 up until last marketing year. According to the US Grains Council (USGC), in 2006/2007 Mexico acquired just 6.8 million litres of US ethanol, while throughout the 2014/2015 advertising and marketing year acquisitions were 126.5 million litres. Mexico's existing imports people ethanol are largely made use of for industrial functions, yet reforms in the nation's power plan are changing the picture. Pemex, Mexico's state-owned oil business, has actually a syndicate readied to finish in 2017, and gas and diesel costs will no [...]

Queensland Federal government eyes biofuels fund to assist economic situation

Plantations International News The Australia-based Queensland Government is to investigate the establishment of a biofutures industry development fund, which would look to financially assist first mover investment in the biofuels industry. According to local news website Daily Mercury, Premier Annastacia Palaszcuk made the announcement following the second meeting of her Biofutures Cabinet Committee. "I've said it before and I'll say it again: biofuels could have the same transformative effect on Queensland's economy as the LNG industry, but it won't happen without Government commitment," Palaszcuk said. "We already have a very constructive relationship with the US Navy, which is extremely interested in [...]

Argentina increases required blend of ethanol in gasoline to 12%

Plantations International News Argentina is set to beef up its ethanol production by increasing the required blend of ethanol in gasoline from 10% to 12%, according to media reports. The South American country's President, Mauricio Macri, said the additional ethanol would be exclusively derived from sugar, according to news agency Reuters. The increase should provide a boost to farmers there who have been struggling with a slump in global sugar prices since 2010 due to oversupply. "This announcement that the blend of ethanol in gasoline will rise to 12% from 10% guarantees the growth of the region," Macri told Reuters. Argentina, [...]

Egregor plans ethanol plant in Northern Russia

Plantations International News             Cookies are required to use this site. Please turn them on! This website requires javascript to be enabled. february 5, 2016 Egregor Biotech and Evolution Group is planning to construct a bioethanol plant in the forest-rich Komi Republic in Northern Russia. The plant would process 400,000 tpy of unusable timber and sawmill residues into 100,000 tonnes of ethanol, according to the Komiinform news agency. Egregor has already invested RUB15 million (€177,000) in the project, but the total required investment is expected to rise to €136 million. The company is currently in the [...]

Neste posts strong fourth-quarter results

Plantations International News Neste, a Finland-based renewable diesel producer, reported better than expected fourth-quarter profits and dividend thanks to high European refining margins and favourable foreign exchange rates. Neste, which has two conventional refineries in Finland and renewable diesel refineries in Singapore and Rotterdam, said its core operating profit in the quarter rose 39% from a year ago to €352m ($ 390m). The company did not put a figure on its profit outlook for this year but it said it expected low crude oil prices to continue to support product demand. In a statement, the company said that all areas of [...]

Virent join Tesoro to intensify advancement of biofuels

Plantations International News US-based biofuels producer Virent has actually participated in a new critical relationship with oil expert Tesoro to increase the development and also commercialisation of Virent's items. Virent's trademarked innovation showcases catalytic chemistry to convert plant-based materials right into a complete variety of products the same to those made from petroleum, including gasoline, diesel, jet fuel, as well as chemicals for plastics as well as fibers. Under the regards to the contract, Virent will certainly get funding to progress its technology and commercialisation while establishing a structure for Tesoro to provide wider support and also involvement in Virent's implementation [...]

Neste biofuel to sustain vehicles based at Italian cross-country ski race

Plantations International News Netherlands-based oil and also energy business Tamoil has started marketing arctic diesel having Neste's sustainable diesel to its business consumers in the northern Italian Alps region, which will be made use of to fuel automobiles servicing the Marcialonga cross-country ski race in Italy. Tamoil's Gasolio Artico gas consists of a minimum of 20 % of Neste's eco-friendly diesel and also can be made use of in cool conditions, baseding on Neste. "We are pleased to be able to aid our consumer Tamoil to be the very first in Northern Italy to launch a sustainable energy with exceptional cold [...]