Celanese Corporation, developer of a hydrocarbons - to - ethanol production process derived from its acetyl technology (earlier post) announced plans in June to enter the industrial
ethanol market in China by revamping the market entry strategy to allow the company to enter 6 - 12 months sooner than originally planned.
Not exact matches
But that volatility, as Ghosh likes to note, is the upside of the integrated nature of the company, which gives it a continued hedge against the differential
in world oil prices through its downstream and midstream assets — on the midstream side, Husky operates a 2,000 - kilometre crude - oil pipeline system, and its downstream operations include upgrading and refining crude oil, and
marketing gasoline, diesel, jet fuel, asphalt and
ethanol in Canada and the United States.
«For the first time, the U.S.
ethanol industry will have the opportunity to compete for a portion of Japan's fuel blending
market,» Emily Skor, head of Washington - based
ethanol group Growth Energy, said
in a statement.
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ethanol, Fed Governors, FOMC minutes, grain, QE3, unemployment report Posted in Brazil, Ethanol, Fed 5 Comments
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With new and upcoming policy changes, uncertainties
in the biodiesel and
ethanol markets look set to continue plaguing trade flows into Europe.
In addition to
ethanol, LifeLine also creates corn oil for the biodiesel industry, thus enabling it to cut down on waste while expanding its
market reach.
«The amount of
ethanol produced by chemical catalysis is around 70 or 80 gallons perton,» says Wes Bolsen, chief
marketing officer for Coskata, located
in Warrenville, Illinois.
Actually, MacCready predicts that the big
market in the coming decade or two may not be so much for all - electric cars as for hybrid cars designed to run on batteries
in pollution - choked cities and on gasoline — or natural gas, or
ethanol, or hydrogen, or some other range - extending fuel — on long highway trips (though the way Americans drive now, 90 percent of all car trips fall within Impact's 120 - mile range).
«Our partnership with GM and Corvette Racing demonstrates
ethanol's growing relevance
in the consumer
market.»
This segment, which is centered
in Brazil, sells sugar to the Brazilian and export
markets and
ethanol to the Brazilian domestic
market.
The denial of
market forces
in the US by all politicians,
in favor of
market farces like
ethanol subsidies,
in a way emphasis the effectiveness of prices as one instrument.
Importing sugar - based
ethanol from Brazil will create a
market for that product
in the U.S. — and that will produce a sweet new
market for Florida sugarcane growers, too.
Biofuels Digest quotes Barbassa as saying that gasoline has now become «the alternative fuel»:
In fact Petrobras predicts that by 2020 that the gasoline
market for light vehicles will shrink by 17 %, with
ethanol use increasing.
Those of us who knew about
ethanol production with current technology knew it was going to produce server problems
in the food and energy
markets.
Similarly, the Energy Commission's Alternative and Renewable Fuel and Vehicle Technology Program created by Assembly Bill 118 (Núñez, Chapter 750, Statutes of 2007) is providing approximately $ 36 million
in cost - share support for projects that receive awards through DOE solicitations covering alternative transportation fuel and technology areas such as electric drive,
ethanol, hydrogen, natural gas, renewable diesel and biodiesel, propane, and
market and development activities.
That flies
in the face of the serious
market distortions now manifesting
in the «blend wall» at 10 %
ethanol content
in gasoline.
In addition to the transportation and volatility issues,
ethanol will add yet more blends of gasoline to the retail
market.
The
ethanol mandates and the Commodities Futures Modernization Act of 2000, which allowed speculation
in the commodities
market, are both disastrous policy decisions that should be rolled back.
The only reason there is enough corn to do both food and
ethanol is government influence
in the
market place.
Also of interest is the political reason why the
ethanol mandate is so hard to get rid of: Rural Republican districts benefit hugely from the
market distortion and some alt - fuel fanatics
in D.C, such as Obama, love to stick it to the oil companies regardless of environmental impact.
Third, there can be — indeed, has been — a major impact
in the U.S. motor fuels sector, where the
market for biofuels (mainly
ethanol) is negatively affected by low conventional gasoline prices.
Two ads have been running heavily
in the Washington, D.C.,
market and
in some other
markets in advance of a Nov. 30 deadline for the EPA to finalize requirements for the total volume of
ethanol to be put into gasoline, and for other renewable fuels.
E85 is a blend of gasoline and denatured
ethanol containing up to 85 percent
ethanol and is the highest
ethanol fuel blend available
in the
market.
The
ethanol plant we focused on would definitely still have that problem, since any decrease
in the
market price for
ethanol could make it optimal to idle the plant.
Almost as bad are regulations requiring the use of corn
ethanol, which clearly only benefit corn producers and processors at the expense of gasoline users and illustrates how government interference
in private
markets can be used by special interests to reallocate income to themselves.
Even that may be an exaggeration, because it does not factor
in all the petroleum used to operate farm machinery, fertilize the corn crops, and deliver the
ethanol to
market.
This would open the
market to
ethanol that could be produced from the «420 million tons of biomass easily harvestable
in the U.S.» Sharp also said that the
ethanol generated from that biomass could replace at least half — about 45 billion gallons — of the oil the U.S. imports annually.
TBF, a
marketing affiliate of Tenaska, provides procurement and
marketing, supply chain management, physical delivery, and financial services to customers
in the agriculture and energy
markets, including the
ethanol and biodiesel industries.
Two years later, VeraSun (VSE), the
ethanol producer that had been planning to build a 110 - million - gallon - per - year
ethanol biorefinery
in Reynolds, says it will suspend construction of the refinery due to current
market conditions.
In Latin America, by contrast, the growing
market for soybeans, beef, and sugarcane
ethanol is deforesting the Amazon.
Corn
ethanol has resulted
in a number of less favorable environmental outcomes when compared to a scenario
in which the traditional transportation fuel
market had been left unchanged.
Renergie looks forward to working closely with the Obama - Biden administration to: (a) reduce U.S. dependency on imported oil; (b) repeal the
ethanol import tariff; (c) maximize the environmental benefits of
ethanol - blended transportation fuels; and (d) create jobs
in rural areas of the United States by growing
ethanol demand, specifically hydrous
ethanol demand, beyond the 10 % blend
market.
Government can not rig the
market in favor of
ethanol without discouraging gasoline production.
However,
in the United States there are also niche
markets for E-85, which is made up of 85 %
ethanol and 15 % gasoline.
In a free market, refiners would have blended less ethanol and produced more gasoline than they did in the market rigged by the RFS and other pro-ethanol policie
In a free
market, refiners would have blended less
ethanol and produced more gasoline than they did
in the market rigged by the RFS and other pro-ethanol policie
in the
market rigged by the RFS and other pro-
ethanol policies.
Corn
ethanol does not need the mandate to survive
in the
market, and doing away with only the implied - corn
ethanol part of the program would make the mandate worse by focusing it on expensive «advanced» biofuels.
The Northwest
market for
ethanol is growing, driven by Renewable Fuels Standards recently enacted
in Washington and Portland, OR.
The wasteful tax effect arises because a certain number of workers are used to produce the
ethanol, rather than goods and services consumers
in the
market prefer.
The
market for those RINs exploded from $ 1 billion
in 2010 to $ 15 billion by 2016, with the price for those RINs increasing by 5000 % since the
ethanol program started
in in 2005.
«SunSprings plant operations will begin with production of Joule Sunflow ™ - E to compete
in the
ethanol market, valued at approximately $ 64 billion.
[68] The U.S. consumed 138.2 × 109 US gal (523 × 106 m3) of gasoline
in 2008, blended with about 9.6 × 109 US gal (36 × 106 m3) of
ethanol, representing a
market share of almost 7 % of supply by volume.
Indeed, corn is not the optimal basis for providing all the
ethanol fuel we will need, but, as the President says, biofuels are needed to reduce our addiction to oil and to slow climate change — and the emerging biofuels
market is spurring major investments
in using biomass other than corn to make
ethanol.
Wayne Hoovestol, Chief Executive Officer said: «Algae is potentially a by - product of
ethanol that makes the process cleaner and greener through carbon sequestration... Algae production fits into Green Plains» business model since we are already
in the business of
marketing biofuel and feed products.»
Pursuant to that law, an increasing amount of renewable fuel such as
ethanol — rising to 36 billion gallons
in 2022 — must be introduced into the
market.
Therefore, food producers, which compete directly with
ethanol producers
in the upstream
market for purchasing corn, will have to pay more for corn.
«The
market is already responding to the reality of this drought,» said Agriculture Secretary Tom Vilsack, a former Iowa governor who supports the quota, citing the recent decline
in ethanol production.
Proposed causes such as shortages of grain due to adverse weather, increasing meat consumption
in China and India, conversion of corn to
ethanol in the US, and investor speculation on commodity
markets lead to widely differing implications for policy.
In years where we have a bumper crop of corn, and produce more than we need for feed, the market to distilleries will provide built in price supports; the DDGS from the other ethanol feedstocks will provide some cushion to food production in years when the corn crop is ba
In years where we have a bumper crop of corn, and produce more than we need for feed, the
market to distilleries will provide built
in price supports; the DDGS from the other ethanol feedstocks will provide some cushion to food production in years when the corn crop is ba
in price supports; the DDGS from the other
ethanol feedstocks will provide some cushion to food production
in years when the corn crop is ba
in years when the corn crop is bad.
Commodities
in general were
in a bull
market until recently, but there are a lot of energy inputs that go into corn production (and hence
ethanol production).