Market News

10.26.09

Brasil Ecodiesel Stock Jumps

Brasil Ecodiesel stock jumped 3.4% to $0.71 Friday, the highest price in 13 mont...

10.26.09

OriginOil Claims Highest Algal Oil Extraction

In collaboration with a research lab at California State University, OriginOil h...

10.21.09

Brazil May Reduce Ethanol Blend in Gasoline

In Brazil, the government is considering reducing the anhydrous ethanol blend in...

10.21.09

US Biomass Market Staying Local

Regulatory and permitting pressures are keeping US biomass markets largely local...

10.21.09

Verenium Contracts to Test Cellulosic Ethanol Technology

Verenium announced Wednesday an agreement with Value Prior to Pulping (VPP) to t...

10.14.09

Malaysian Biodiesel Exports Increase in October

Malaysia's biodiesel exports increased significantly in Oct. compared with a yea...

10.14.09

Oil Hits Year High Above $75

Oil hit a 2009 high above $75 a barrel on Wednesday on a weakening dollar, and o...

10.09.09

Bayer Claims Mapping of Rapeseed Genetic Code

Germany-based Bayer, the largest supplier of genetically modified rapeseed seeds...

10.09.09

BRENCO Announces Ethanol Expansion

In Brazil, BRENCO has announced a $3.5-billion expansion plan including ten new ...

10.09.09

More US Ethanol Plants Resume Production

Currently in the US, more ethanol plants are online and producing than earlier t...

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Flex-Fuel Cars Are 85% of New Sales in Brazil

10.09.07

Flex-fuel cars, introduced in Brazil in 2003, now represent 85% of new car sales. By 2020, Petrobras expects these cars to make up 72% of Brazil's light-vehicle fleet, up from 13% in 2006.

By 2020, Brazilians will consume more ethanol than gasoline because flex-fuel cars will dominate the country's car fleet, according to Sergio Gabrielli, CEO of Petrobras. Flex-fuel can run on any mixture of gasoline and ethanol. Gasoline cars are expected to shrink to 13% from 71% over the same period.



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