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 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...
Petrotec Suspends Biodiesel Production
10.23.07
German biodiesel producer Petrotec has temporarily stopping biodiesel production because market conditions do not permit the company to cover production costs.
The company cited the German government's decision to start taxing biodiesel in August 2006 as a prime factor. Germany's renewable fuels trade association estimates that plants in the country are operating at only 40% to 50% of capacity because the tax has removed biodiesel's price advantage over fossil diesel.
Petrotec said it would suspend biodiesel output until the end of 2007, but meet all existing delivery contracts. A further biodiesel tax increase is scheduled in Germany for January 1, 2008.
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