Market News 
04.07.08
Kenyan Company Plans $330 Million Biofuel Project
Kenya-based Mumias Sugar Company is planning a $330 million biofuel project, inc...
04.04.08
German Environment Minister Sigmar Gabriel said today he had stopped government ...
04.01.08
US Soybean and Wheat Crops To Increase in 2008
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03.31.08
The American Farm Bureau Federation’s quarterly Marketbasket Survey, an informal...
03.28.08
Malaysian Palm Oil Futures up 15%
In Malaysia, crude palm oil futures have risen nearly 15% since the start of the...
03.27.08
Brasil Ecodiesel Reports $22 Million Loss
Brasil Ecodiesel said it produced 53% of Brazil's total biodiesel output in 2007...
03.26.08
Argentine Farmers' Strike Enters 14th Day
A strike by Argentine farmers over increased export taxes for their products ent...
03.25.08
Shell & ExxonMobile May Sell UK Biofuels Company
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03.24.08
Heating Oil Prices Hit New High
Record high crude costs and weather-related demand have taken heating fuel price...
03.20.08
US Firm To Build 1000 Biofuel Fueling Stations
Delaware-based Alternative Fuel Distributors, Inc (AFD) says it plans to build a...
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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