Last week, the Mexico Supreme Court ruled against the regulation allowing for higher ethanol content in gasoline, but American Coalition for Ethanol (ACE) Senior Vice President and Market Development Director Ron Lamberty explains that the decision was based on the way in which the Energy Regulatory Commission (CRE) implemented the change in 2017, not on the fuel. In July of …
RFA Stresses Ethanol Benefits at COP25
The Renewable Fuels Association told world leaders meeting this week in Madrid that low-carbon ethanol is an economical and proven solution for fighting global climate change. RFA Vice President of Regulatory Affairs Kelly Davis is attending the U.N. Climate Change Conference (COP25) with a small delegation of U.S. farm and biofuel industry leaders to promote the environmental benefits of ethanol …
BP and Bunge Grow Biofuels Business in Brazil
BP and Bunge have formed a 50:50 joint venture to create a world-scale producer of sugarcane ethanol in Brazil, BP Bunge Bioenergia. BP will combine its Brazilian biofuels and biopower businesses with that of Bunge and BP’s interest in the new venture will grow its existing biofuels business by more than 50 percent. Brazil is the world’s second largest and …
Promoting Fuel Ethanol In South Korea
The U.S. Grains Council (USGC) and USDA’s Foreign Agricultural Service (USDA’s FAS) recently conducted the fourth annual Bioethanol Fuel Promotion Conference in Seoul, South Korea. The effort is designed to encourage ethanol use in the South Korean transport sector by providing information on the environmental, human health and economic benefits of blending ethanol into fuel supplies. South Korea currently ranks …
Targray Opens European Biodiesel Trading Desk in Geneva
Biodiesel marketer Targray has announced the opening of its EU biodiesel trading desk in Geneva, Switzerland as part of a broader investment plan to meet demand for low-carbon fuels in the EU. Targray’s EU biofuels business will be led by biodiesel trader Vincent Cariou. Prior to joining the company in 2019, Vincent worked for nearly 10 years at agricultural commodities …
NBB Opposes Review of Biodiesel Import Duties
Biodiesel stakeholders are opposing an “unprecedented review” of biodiesel import duties being conducted by the U.S. Department of Commerce at the request of Argentina. The department last week granted a request from the government of Argentina to initiate “changed circumstances” reviews of U.S. trade duties imposed on Argentine biodiesel companies, after imposing antidumping and countervailing duty orders earlier this year …
FAPRI Report Considers World Biofuels Trends
The Food and Agricultural Policy Research Institute (FAPRI) recently released its 2018 International Biofuels Baseline Briefing Book which provides economic and policy perspective and projections for both ethanol and biodiesel. “If we continue current policies, which is a big if, we would expect that the U.S. would continue to be an exporter of ethanol and an importer of biodiesel,” said …
Japan to Allow Use of U.S. Ethanol for Oxygenate
Ethanol market development organizations cheered the news out of Japan today that the government’s new biofuel policy will allow imports of the oxygenate ETBE made from U.S. corn-based ethanol. A release from the U.S. Grains Council (USGC), the Renewable Fuels Association (RFA), and Growth Energy says Japan will now allow U.S. ethanol to meet up to 44 percent of a …
China Strikes Back
From almonds to frozen edible swine offal, the majority of the 128 products on which China imposed retaliatory tariffs Monday are agricultural, making farmers bear the brunt of the reaction to U.S. steel and aluminum tariffs. “This is a tax on American farmers, brought about by protectionist trade policies,” said Farmers for Free Trade (FFT) Co-Chair Max Baucus. “American farmers …
Ethanol on China’s Draft Retaliation List
Following action by President Trump yesterday to impose tariffs on up to $60 billion in Chinese imports, China is making its list of what U.S. products will be the target of retaliation. The list reportedly includes agricultural products such as U.S. pork, modified ethanol, wine, fruits and nuts, and soybeans are expected to be as well. “We’re disappointed that China …