VeraSun is referring to what we chronicled yesterday: an ethanol surplus has caused a drop in prices, which, combined with a spike in the price of corn, has created hard times
for ethanol producers.
Achieving high rates, yields and titers under challenging industrial conditions has presented a barrier
for ethanol producers.
Not exact matches
A U.S. Department of Agriculture (USDA) report said the Japanese policy change could create a market opportunity
for U.S.
ethanol producers of 366 million liters, valued at around $ 170 million.
Much of the ETBE used in Japan is already made in the United States using Brazilian sugarcane
ethanol, so the new rules should make it easy
for producers to switch quickly to U.S. corn - based sources.
The move created an opening
for American
ethanol producers, who cheered the development.
A U.S. Department of Agriculture report said the Japanese policy change could create a market opportunity
for U.S.
ethanol producers of 366 million liters, valued at around $ 170 million.
SAO PAULO — Brazil
ethanol producers stand to lose a big chunk of their largest market, Japan, to U.S. agribusiness, after Tokyo bent to pressure from U.S. President Donald Trump and tweaked requirements
for gasoline additives.
With feed costs and the worldwide demand
for meat growing, livestock
producers are increasingly turning to co-products from the
ethanol and human food industries.
It is the world's second largest soybean
producer, the US is first, and has a large sugarcane industry
for food and
for ethanol feedstock.
For a long time, Big Oil got along with
ethanol producers like, well, oil and water.
The bill also extends through 2011 the $ 0.10 / gallon
producer tax credit
for small
ethanol producers producing no more 60 million gallon of
ethanol a year.
But the study comes at a time when farmers and
producers are already receiving federal subsidies to grow more corn
for ethanol under the Energy Independence and Security Act of 2007.
New Zealand - based Lanzatech, the developer of gas fermentation technology
for producing
ethanol and high value chemicals (e.g.: MEK, Butadiene) from industrial waste gases, has signed a memorandum of understanding with one of the largest coal
producers in China, Henan Coal and Chemical Industrial Corporation, to build a demonstration plant to... Read more →
... ``....3 minutes ago «The Rise of Wind Power in Texas — Scientific American http://www.scientificamerican.com/…... Apr 14, 2017... Wind generation accounted
for nearly 23 percent of power generation
for the Electric Reliability Council of Texas (ERCOT) in the first quarter of...»... 6 minutes ago «Iowa — State Energy Profile Overview — U.S. Energy Information... http://www.eia.gov/state/?sid=IA Mar 16, 2017... Iowa, the largest
producer of
ethanol in the United States, had 25.9 % of... Wind provided 36.6 % of Iowa's total electricity generation in 2016,...»... ``....
The «market conditions» that these
ethanol producers are referring to is the fact that the average price of
ethanol has dropped some 30 percent since May, as market subsidies combined with a lack of infrastructure
for its delivery and use have created a surplus of the renewable fuel.
It's been a tough week
for corn
ethanol producers and supporters of the federal Renewable Fuel Standard (RFS).
For that reason, several companies that appeared on the EPA's expected
producer list were removed by the EIA, including cellulosic
ethanol producers AE Biofuels and Agresti Biofuels.
It's now all but certain that the
ethanol tax credit will expire at the end of the year, and the
ethanol producers continue to claim credit
for «giving it up» despite that it was obviously lost due to larger political considerations, and the fact that they lobbied initially
for its extension and then eventually
for a substitute which would have still funneled money into their industry.
According to
Ethanol Producer Magazine (EPM), Toronto, Ontario - based SunOpta Inc. has sold a continuous process system for the conversion of biomass - to - ethanol to Dedham, Mass. - based Celunol Corp (formerly BC Internat
Ethanol Producer Magazine (EPM), Toronto, Ontario - based SunOpta Inc. has sold a continuous process system
for the conversion of biomass - to -
ethanol to Dedham, Mass. - based Celunol Corp (formerly BC Internat
ethanol to Dedham, Mass. - based Celunol Corp (formerly BC International).
Didn't the biggest
ethanol producer, Verasun, just file
for bankruptcy?
Therefore, food
producers, which compete directly with
ethanol producers in the upstream market
for purchasing corn, will have to pay more
for corn.
But
ethanol producers worry that the loss of the quota will undermine the
ethanol industry and do little
for corn farmers but drive down the price of their stunted harvest.
Brazil is attractive to Amyris because it is the second - largest
producer of
ethanol in the world; while the company will make hydrocarbons, not
ethanol, it will use the country's existing infrastructure
for growing and processing sugarcane.
Ethanol producers in particular believe that the science behind the assessment of land - use change impacts was not thoroughly reviewed enough, and that other biofuels were not adequately scrutinized
for similar land - use change emissions.
Back at the beginning of November, the world's largest
producer of
ethanol, VeraSun filed
for bankruptcy.
Plantations in Brazil, the world's biggest
producer of
ethanol from sugar cane, haven't encroached on land used
for food cultivation or on the Amazon rainforest, he asserted.