Biofuels news

Russian Federation Grain and Feed September Monthly Update 2008

FAS Moscow raises its total grain production forecast for MY 2008 to 93.2 million metric tons (MMT), an increase of 4.6 MMT from August estimates. The increase is due to good weather conditions in July and August, reported harvest progress, and excellent yields of winter grains - especially winter wheat - in European Russia. The wheat production forecast is 56.2 MMT, and the barley forecast is 18.2 MMT. The corn production forecast is 5.6 MMT. Post forecasts grain exports at 14.9 MMT, including 13.0 MMT of wheat and 1.6 MMT of barley. Prices of feed quality wheat and barley continue to fall rapidly, while the price of milling wheat stabilized due to low production.

12  September  2008      Комментарии: 2

Russia’s Largest Biofuel Plant to Be Built in Ivanovo Region

IVANOVO. The Ivanovo-BioToplivo limited liability company has decided to build a biofuel plant in Teikovo, in the Ivanovo Region (central European Russia). The plant worth RUR5bn ($198.33mn, or €136.65mn) is to be built within two years. The main investor is the Moscow-headquartered Konti Group specialising in housing construction using modern technologies.

8  September  2008

Biofuel from non-food materials

4  September  2008      Комментарии: 1

Duma calls for state program on bioethanol production

Russia's State Duma has proposed to draft a state program for the production of 1.8 million tonnes of bioethanol a year, the head of the subcommittee on natural resources, Oleg Valenchuk, told Itar-Tass on Thursday.Under this program bioethanol plants should be built, research works on ethanol fuel production completed as well as financial support for ethanol fuel producers provided, he said.

Valenchuk stressed that under the conditions of a global food crisis threat it is inadmissible for Russia to produce bioethanol from food products and food waste as this would increase the deficit and lead to irrational use of agricultural fields.

28  August  2008

Tambov Region Launches Big Investment Project

TAMBOV. The Tambov region is launching a big investment project that envisages construction of a bioethanol plant with an annual capacity of 250,000 metric tons annually.Total investment in the project will exceed €217mn. After it is completed in 2011, the Tambov region will have one of Russia's biggest enterprises producing renewable types of fuel.

19  August  2008

Ukraine: Grains Monthly Overview

Ukraine anticipates one of its biggest crops in 10 years. Domestic prices are decreasing. The Government is trying to boost the price of wheat by purchasing stocks for the State reserve. July grains export numbers are high, but traders slowed purchases based on expectations that prices will continue to decrease.

15  August  2008

Oboronprom unit to invest up to 7 bln rbl in 2d generation biofuels near Irkutsk

Biotechnologies Corporation, which is a part of Russia's united industrial corporation Oboronprom, plans to invest between 6 billion rubles and 7 billion rubles by 2011 in biofuel production and the advanced processing of wood wastes in the Irkutsk Region, Vladimir Khamatayev, general director of the East-Siberian Biotechnologies Plant, said at a news conference Wednesday.

7  August  2008

Russian Federation: Grain and Feed

Total grain production forecast is 88.6 million metric tons (mmt), with a wheat forecast of 53.5 mmt, a barley forecast of 17.5 mmt, and a corn forecast of 5.5 mmt. Russia's grain exports are expected to be down slightly to 14.3 mmt. The winter grain harvest is in full swing in the European Russia and reported yields are high. However, heavy rains in European Russia may increase grain losses and grain moisture. Grain prices have also declined. While new grain export tariffs are not expected government intervention into grain trade is in Russia's future with the creation of a government affiliated grain trading company.

7  August  2008      Комментарии: 1

Russian Federation Grain and Feed: Government Grain Trade Monopoly May Return

The Russian Ministry of Agriculture intends to transform its Agency for the Regulation of Food Markets (AFM) into a major Russian grain trader. The Ministry is waiting for government approval to transfer its controlling interest in 28 of Russia's major grain elevators and terminals, including the ministry-owned grain terminal in Novorossiysk, to the AFM. Government control of these grain elevators will create the basis for its control of Russia's grain trade and exports, and may well constitute creation of a state trading enterprise.

29  July  2008      Комментарии: 2

Irkutsk Region to Start Production of Biofuel Soon

IRKUTSK. The 5th Baikal Economic Forum, to be held in Irkutsk (East Siberia) on September 8-11, 2008, will present a project for the production of biobutanol, a new-generation motor fuel, in Tulun, the Irkutsk Region.

23  July  2008      Комментарии: 1