Americas
Brazil's 2024 ethanol exports seen strong, helped by corn ethanol
Brazil has the potential to maintain exports of ethanol at strong levels in 2024, after last year posting the highest volumes since 2020 due to an increase in corn ethanol supply.
U.S. Justice Department is also probing ADM's ethanol trading desk
The U.S. Justice Department is investigating Archer-Daniels-Midland's ethanol trading operation as part of a broader probe of the commodities giant's accounting practices.
LyondellBasell sees strong chemical market in North America, while Europe and China lag
LyondellBasell said it was seeing a better market in North America for its chemicals so far into 2024 due to low ethane feedstock costs and better gasoline spreads, while the markets in Europe and China continue to be weaker.
U.S. crude stocks post surprise drop as refiners ramp up processing
Crude inventories fell by 1.5 MM barrels to 447 MM barrels last week, the EIA said, compared with analysts' expectations in a poll for a 1.3 MM-barrel rise.
Avfuel and Neste ink extension of SAF supply agreement
Avfuel Corporation and Neste finalized a partnership extension that keeps the companies at the forefront of SAF supply for business aviation, cementing their leadership positions in the sustainable space.
Brazil mills boost sugar capacity, 'leave' ethanol to corn processors
Brazil cane mills will boost their sugar production capacity as much as 10% in the new season from April to take advantage of relatively high sugar prices and as increasing supplies of corn make the grain a cheap feedstock for ethanol output.
New report identifies overwhelming enthusiasm for green utility provision in petrochemicals sector
A new report and survey into utility provision in the petrochemical industry has identified overwhelming enthusiasm for sustainable practices, with almost all process engineers surveyed stating they would pay substantially more for greener equipment.
Wärtsilä and EBDG collaborate on green methanol-powered barge
Technology group Wärtsilä has entered into a collaboration agreement with Seattle, (U.S). based naval architecture and marine engineering firm, Elliott Bay Design Group, to further develop EBDG’s Clean Harbor Alternative Mobile Power Barge design featuring Wärtsilä’s methanol engine technology.
Oil prices nearly flat as market weighs Chinese demand, North America supply increase
Oil prices were little changed as markets weighed new economic data from China against increasing supply from the Western Hemisphere.
Ethanol's dwindling discount to gasoline could slow U.S. biofuel demand
Ethanol's smallest discount to gasoline in seven months could reduce demand for U.S. biofuels and make higher ethanol blends such as E85 less profitable.
- China's March jet fuel exports jump 77.4% from a year earlier 4/18
- Nigeria strikes deal with Shell to supply $3.8-B methanol project 4/18
- Singapore fuel oil stockpiles rebound to 8-week high on higher imports 4/18
- Clariant launches new CATOFIN 312 propane dehydrogenation catalyst 4/18
- Solvay inaugurates new blowing agent production unit in Rosignano, Italy 4/18
- Meridian Energy Group’s Davis Refinery Project in North Dakota (U.S.) will be the world’s first net-zero carbon refinery 4/17