Industry News

11.27.07

China Expanding Strategic Oil Reserve

China plans to build a strategic oil reserve near the southwestern industrial ci...

11.21.07

China Will Move To Ease Fuel Shortages

China will increase fuel supplies to ease shortages, particularly for diesel, an...

11.20.07

Japan Seeks $1.37 Per Gallon Ethanol by 2015

Sixteen major Japanese firms including automaker Toyota Motor Corp., Japan's lar...

11.19.07

US & China To Sign Energy Pact

An agreement between the US and China to promote the use of ethanol and other bi...

11.14.07

Indonesia May Return To 5% Biodiesel Mandate

Indonesia plans to return to a 5% biodiesel blend in diesel within the next thre...

11.14.07

Aramco Sees Oil For Decades To Come

The president of Saudi Aramco said there are enough conventional and non-convent...

11.13.07

Stockholm Moving To Bio-Heat

Fortum Värme has been granted an environmental permit for a new biofuel-fired co...

11.13.07

Tyson To Make Biodiesel From Poultry

Tyson Foods Inc. announced plans to buy a Brazilian poultry business and establi...

11.06.07

US At Top for Biofuel Investment

A recent index by Ernst & Young Global Ltd. concludes that the United States is ...

11.01.07

China Faces Fuel Supply Crisis

China raised domestic gasoline and diesel prices on Thursday, the first increase...

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Indonesian Biodiesel Industry Says It Is Struggling

03.20.08

Indonesia’s biodiesel industry is dealing with imposition of a 2% export tax on biodiesel, delays in mandating the use of biodiesel, and a reduction in the mandated national bio-diesel blend from 5% to 2.5%, according to the Indonesia's Association of Biofuel Producers.

Last year, Indonesia unveiled a plan to become a hub for biofuel production and secured 58 production agreements worth $12.4 billion. To date, only nine biodiesel plants have been built and only four are operating, because of high feedstock costs. The four operating plants, with combined annual capacity of 810,000 mt, are at 15% of capacity.



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