Ghana: Mahama calls planned sale of Komenda sugar factory “unacceptable”
DATE 20Apr 2019

The sugar factory was refurnished by Mahama in the lead up to the 2016 polls but was abandoned by the Akufo-Addo administration after he lost his re-election bid.  After two years of neglect, mainly due to lack of cash, government has caused the factory to be evaluated and sold off to a new strategic investor. Reacting,… Read More »

Singapore: US ethanol production, stocks fall sharply, again-EIA
DATE 19Apr 2019

US ethanol production averaged 1.016 million b/d in the week ended April, a 14,000 b/d increase compared with the previous week, Energy Information Administration data showed Wednesday. Production was up 7,000 b/d or 0.69% year on year. Production was in line with market expectations. Total stocks, however, plummeted for the third straight week, declining 517,000… Read More »

USA: Pushing back on oil refiners
DATE 19Apr 2019

The Trump administration shouldn’t grant more than three dozen small-refiner exemptions to the Renewable Fuel Standard at a time when farmers are already feeling the impacts of low commodity prices due to lost trade, the head of the Iowa Renewable Fuels Association said Wednesday. Speaking at the Southwest Iowa Renewable Energy ethanol plant, Monte Shaw,… Read More »

Singapore: Toyota to build Corolla in Brazil that will run on electricity, ethanol and gas
DATE 19Apr 2019

Japan’s Toyota Motor Corp said on Wednesday it will begin building in Brazil a new version of the Corolla sedan that will run on electricity, ethanol and gas, the first vehicle of its kind to be built in Latin America.

India: Sugar technologists seek hike in MSP to Rs 3,600/quintal
DATE 19Apr 2019

The Sugar Technologists Association of India ( STAI) has suggested that the government should set the minimum support price (MSP) for the sweetener to Rs 3,600 per quintal from Rs 3,100 per quintal to help millers overcome the financial crisis. “I think if the government sets the MSP to `3,600, the industry would be able… Read More »