Market News

05.22.09

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

05.20.09

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05.20.09

Ecopetrol To Operate Ocensa Oil Pipeline

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05.20.09

Argentina Soy Crush Under Last Year

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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

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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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Germany Biodiesel Tax To Increase

10.25.07

According to Berliner Zeitung, the German Finance Minister will propose a $0.12 per liter tax on domestic biodiesel, effective August 1, 2008

The new tax will substantially increase the current tax that is cited by the German biodiesel industry as a prime factor for the slowdown in domestic production.

Plants in Germany are reported to be operating at 40-50% capacity because of high rapeseed costs and domestic taxation. The government will propose mandatory biodiesel usage as a production incentive.



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