News

Russian Federation: Grain Intervention (Procurement) Prices for 2008

One month earlier than last year, the Ministry of Agriculture has decided upon the government intervention (procurement) prices for food quality wheat and rye. The price levels were raised by 60 percent over last year's but are still lower than the real market price for grain. Specialists predict that the government will not be able to purchase grain at these prices in 2008. However, the increased price may prevent seasonal price fluctuations if production is strong.

1 April 2008 Комментарии: 1

Irish company ready to invest $345 million in two bio-fuel plants in Belarus

Irish-based Greenfield Project Management Limited announced plans to invest a total of $345 million in two facilities that will make bio-ethanol fuel in Belarus.It said in a statement that that the construction might start as early as the third or fourth quarter of this year and take between 18 and 24 months.

1 April 2008

Belorussia: Energy study is next step in Greenfield's ethanol project

Greenfield Project Management today announced the start of a comprehensive energy system study for its proposed bioethanol plants at Mozyr and Bobruisk, to be carried out by the Swedish firm of consultants SEP Scandinavian Energy Project AB. The company's chief executive officer, Michael Rietveld, told journalists in the Belarus capital that Greenfield will be investing at least €65 million into developing the projects in the course of 2008, having concluded a round of financing. «We've been delayed by the difficult conditions caused by the turmoil in Western financial markets,» said Mr Rietveld, «but we are now able to confirm a first tranche of financing to carry the projects forward this year.»

31 March 2008

Philippines: Bioethanol production from carabao maybe viable, but needs gov't support for further research

The Filipino scientist who found a way to produce biofuel through carabao fluid asked the government to fund the additional research of the technology that could usher the country towards energy independence in the very near future.

31 March 2008

VEB to invest 30 bln rubles into Tambov-based projects

VEB will participate in the construction of a cement plant, several sugar works and bioethanol production facility. Dmitriev put total investment in these projects at over 30 billion rubles.

29 March 2008 Комментарии: 1

Ukraine: Grain and Feed 2008

Grain and pulse production is expected to increase by 20% over the previous year and will result in an increased export surplus of wheat, barley and corn. Feed and food consumption is predicted to remain relatively stable. The export quotas limiting exports of grain are expected to remain in place through marketing year 2007/2008. The Government of Ukraine (GOU) is again expected to intervene in the grain markets during marketing year 2008/2009.

28 March 2008

Voronezh region to construct cattle-breeding complex on manufacture of milk and complex for breeding of large horned livestock

There are also plans to construct a plant on manufacture of bioethanol with annual volume of 186.7 thousand tonnes.

27 March 2008 Комментарии: 1

Polish press review

Economy Ministry Mulls Allowing Petrol Containing 85% of Ethanol on Market — The Economy Ministry is mulling allowing gasoline E85 which would contain around 85% or less of ethanol on the market.

26 March 2008

Omsk group of companies Titan to grow up grain for bioethanol plant

Omsk group of companies Titan plans to redeem and take in a long-term rent 200 thousand hectares of farmland in Omsk region. They are necessary for Titan for grain cultivation — raw materials for bioethanol manufacture.

23 March 2008

President of Republic of Tatarstan sets tasks for 2008

President of republic of Tatarstan M. Sh. Shaimiev in his address to Gossovet of RT set tasks for 2008. Basic tasks for 2008 for the industry are: — Technical redevelopment and upgrading of existing facilities, construction of the new capacities for production (generation) and transfer of electricity and heat.In Republic there is potential for alternative sources of energy using the local and secondary resources. They include timber, wastes of wood working and husbandry, production of bio- ethanol and bio-diesel when rape processing.

22 March 2008

Subscribe

Biofuels news