Market News

08.26.09

Bunge to Acquire Brazilian Sugar Ethanol Company

Bunge is in the process of acquiring the sugar and ethanol production assets of ...

08.26.09

Argentina Farmers Threaten To Strike Over Export Taxes

In Argentina, Cabinet Chief Aníbal Fernández criticized the decision of the farm...

08.21.09

Ethanol Exports Halted in Thailand

The Thai energy ministry has asked the Thai Ethanol Producers Association to hal...

08.21.09

China to Subsidize Soy to Increase Reserve Sales

The China Grain Reserves Corp. stated this week that the government is working o...

08.21.09

Car Companies Agree to Biodiesel Blend in Thailand

In Thailand, all 13 major car companies, including Toyota, Ford, and BMW, have a...

08.21.09

Biodiesel Blend Mandate Commences in Portugal

In Portugal, fuel distributors' obligation to sell a 6% biodiesel blend at the p...

08.21.09

Crude Oil Hits 2009 High

Crude oil rose above $74 a barrel in New York for the first time in 10 months, f...

08.19.09

Australia Reaches Agreement on Energy Policy

Australia's government agreed with opponents on Wednesday for 20% of the country...

08.19.09

Brazil Biodiesel Consumption Rises 43% in 2009

Brazil's fuel consumption climbed 0.3% year-on-year to over 13-billion gallons i...

08.19.09

Airlines to Use Renewable Fuel in Ground Equipment

Eight US airlines have signed a deal with Rentech Inc. and Aircraft Service Inte...

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Biodiesel Investments Slowing In Southeast Asia

04.30.08

Plans to invest billions of dollars in biodiesel refineries across Southeast Asia have been put on hold as the prices of key feedstocks, particularly palm oil, have shot up amid surging food demand in China and India, according to the Wall Street Journal.

Southeast Asian biodiesel projects were forecast to produce five million metric tons of biodiesel a year upon completion, about half of Europe's total refining capacity in 2007.

The Indonesian government has said that $12.5 billion in new biofuel investments are in the pipeline for that country alone, but due to the current situation, many palm oil producers are now refocusing on more traditional products such as cooking oil.



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