Market News

07.28.10

CPO DROPS WEDNESDAY

Palm oil futures dropped Wednesday after crude oil fell for a second day on risi...

07.28.10

BILL INTRODUCED TO EXTEND ETHANOL TAX CREDITS

A draft bill released by the chairman of the US House of Representatives' tax-wr...

07.28.10

BP REPORTEDLY SEEKING TO SELL ASSETS TO PAY FOR OIL SPILL DAMAGES

A day after BP said it would sell $30 bln in assets to pay for its Gulf of Mexic...

07.14.10

PALM OIL EXTENDS GAINS WEDNESDAY

Palm oil advanced Wednesday extending gains after shipments from Malaysia climbe...

07.14.10

MAJORITY SPANISH BIODIESEL PLANTS OPERATING UNDER 10% CAPACITY

Spanish Renewable Energy Association APPA stated that 75% of the 46 domestic bio...

07.14.10

ITALY BIODIESEL OUTPUT MAY PLUNGE 60-70%

Biodiesel output in Italy may plunge 60-70% this year after falling 50% in the f...

03.26.10

MALAYSIA BIODIESEL MANDATE WILL MARGINALLY IMPACT CPO DEMAND

The impact of Malaysia's biodiesel mandate on palm oil demand for 2011 will be n...

03.26.10

EU COMMISSION REPORT: INDIRECT LAND USE CHANGE IMPACTS BIOFUELS SUSTAINABILITY

Going beyond a 5.6% biofuel blend in transport fuel could impact the environment...

03.26.10

INDONESIA TO RAISE CPO EXPORT TAX

Due to rising global palm oil prices, Indonesia will raise its export tax on cru...

03.26.10

FRANCE SCRAPS CARBON EMISSIONS TAX

The French government has scrapped its plan for a carbon emissions tax. The...

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$245 Million Ethanol Plant Planned For Niagara Falls

05.06.08

Plans by a Toronto company to launch a $245 million ethanol production plant in Niagara Falls, NY have drawn the support of the New York Power Authority.

The NYPA board of trustees has approved an allocation of 9,000 kilowatts of hydropower from the Niagara Power Project to Northern Ethanol LLC. Officials say the Canadian company plans to purchase a 47th Street parcel in Niagara Falls, NY from Praxair Inc. for construction of the new ethanol facility, as well as offices, a laboratory and a warehouse.

The plant would add 105 new jobs. Production would include 108 million gallons of ethanol per year, from 37 million bushels of corn.



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