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Ethanol margins improve in past 3 months

Scott Irwin, University of Illinois

June 18, 2013

BY Susanne Retka Schill

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March WASDE reduces forecast for 2025-’26 soybean oil use in biofuel

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By Erin Krueger

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The USDA reduced its forecast for 2025-’26 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released March 10. The expected price for soybean oil was revised up.

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Repsol on March 10 announced plans to invest up to EUR 10 billion ($11.61 billion) in its operations through 2028, with a portion of that investment dedicated to low-carbon projects, including renewable fuels.

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thyssenkrupp Uhde has been awarded a contract by Halifax-based Nova Sustainable Fuels to perform an integration and optimization study for NSF’s biomass-to-methanol project in Nova Scotia, Canada.

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Celtic Renewables has secured £16.23 million in public and private funding to scale its production of high-demand green chemicals. The company plans to develop a commercial-scale facility to produce bioacetone, biobutanol, and bioethanol.

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U.S. manufacturers produced approximately 1 million tons of densified biomass fuel in October, according to the U.S. EIA’s Monthly Densified Biomass Fuels Report. Sales of densified biomass fuel reached 970,000 tons during the month.

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