Market News

05.22.09

Global Ethanol Demand To Increase 9% Annually

Global demand for ethanol is predicted to increase annually by 9.3% over the nex...

05.20.09

Research Shows Jatropha Not 'Wasteland' Biofuel Crop

According to Indian government researchers, Jatropha plants will grow on wastela...

05.20.09

Ecopetrol To Operate Ocensa Oil Pipeline

Beginning this week, Colombia's state-owned oil company Ecopetrol will manage ...

05.20.09

Argentina Soy Crush Under Last Year

Argentina crushed 6.26 million mt of soybeans into soyoil and soymeal during the...

05.20.09

Obama Proposes New Auto Standards for Emissions and Fuel Economy

President Obama has proposed new auto standards that will increase fuel economy ...

05.18.09

Malaysia Looking To Japan To Boost Palm Oil Trade

Malaysia is looking to Japanese snack companies for strategic partnerships to bo...

05.18.09

Brazil Biodiesel Mandate May Increase In July

Brazil's plans to increase local biodiesel blending from 3% to 4% in July, will ...

05.18.09

ConocoPhillips Pulls Out of Biodiesel Deal With Tyson Foods

ConocoPhillips has stated it will cancel its agreement with Tyson Foods to proce...

05.15.09

Sweden To Use EU Presidency to Promote Biofuels

Sweden has announced it will use its forthcoming EU presidency, which it will as...

05.15.09

Global Oil Demand Revised Down

IEA has revised down its 2009 global oil demand forecast to 3% below 2008. Glob...

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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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