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SUPPLY GLUT ETHANOL
Ethanol transition can shift to "Transport Energy Backbone" to shield India from oil shocks: KPMGIndia's ethanol use is evolving beyond simple blending. It is set to become a key transport energy source. This will help manage fluctuatin...- Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...
- India craves a sweet fix for crude addiction. Can it work?India is rapidly expanding its use of ethanol, a sugar-based fuel. This strategy aims to cut reliance on imported crude oil and boost farme...
- Stoves to cars: India expands ethanol use amid West Asia warIndia has a massive surplus of ethanol, pushing policymakers and industry to find new uses. Ethanol-powered cooking stoves are being tested...
- Ethanol glut hits India: Excess capacity clouds Rs 50,000 crore green fuel industryIndia's green energy dream is facing a challenge. The country has built massive ethanol production capacity, but demand for blending with p...
- US imports pressure sends corn, soybean prices downIndian corn and soybean prices dropped Wednesday. This follows a new trade deal allowing duty-free imports of U.S. soyoil and animal feed. ...
- The world is awash in sugar, and the surplus is set to stayThe global sugar market is currently facing a significant surplus. Large crop expectations from Brazil, a top producer, suggest this proble...
- India's ethanol drive imperils its push for edible oil self-sufficiencyIndia's ethanol production push, fueled by corn and rice, is inadvertently creating a DDGS surplus, undermining oilseed cultivation. Farmer...
- India to raise sugar export cap this year amid high production; ship 1.2 mln tonnes of additional sweetenerIn late May, the Centre had decided to cap sugar exports at 10 million tonnes in the 2021-22 marketing year (October-September) to maintain...
- Cars fueled by sugar in India will add to food inflation risksThe government will fast-track an ethanol program that will divert as much as 6 million tons of sugar toward fuel production annually by 20...
- Sugar stocks rally after govt brings forward ethanol blending target dateRising ethanol demand and aggressive ethanol capacity addition would drive a compounded earnings growth of 15-20% over FY21-24, said analys...
- Govt's ethanol push prompts sugar mills to raise production"The mills this year have decided to produce certain quantity of ethanol to be sold in the domestic market. It means that there will not be...
- India achieved 5.09% ethanol blending from December 1 to June 22: ISMAThe industry body informed that B-heavy molasses and sugarcane juice have been diverted away from sugar, to manufacture and supply 58 crore...
- Green nods waived for distilleries planning to hike ethanol productionThe decision will enable sugar mills to divert more raw material towards producing ethanol this season, helping them fight sugar supply glu...
- Ethanol bears brunt of falling oil pricesAt the time, government mandates were expanding use of ethanol in gasoline, and the project promised a boost to the local economy, includin...
- Sugar mills not keen on selling ethanol to oil companies as alcohol industry gives better profitSugar mills aren't keen on selling ethanol to petroleum marketing companies this year because byproduct fetches more money if sold to alcoh...
- Ethanol blending scheme trips on pricing hurdleThe government’s much-vaunted Ethanol Blending Programme (EBP) continues to hang fire despite a group of ministers (GoM) headed by finance ...
- India unlikely to meet target for biofuel mixThe government is unlikely to meet its deadline of October 2008 for increasing the level of ethanol from 5% to 10% in the ethanol-petrol bl...
- GoM on sugar discusses problems of mills and cane farmersA Group of Ministers on Wednesday met and discussed ways, including fiscal incentives to mills, to deal with the difficult situation arisin...
- Debt rejig for sugar cooperativesIn What may come as a big relief to the glut-struck sugar industry, the government is set to extend a debt restructuring package that would...
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