Latest Ethanol fuel in the United States Stories
INDIANAPOLIS, May 26 /PRNewswire/ -- Indianapolis motorists are invited to fill up for less today at McClure Oil located at 4945 W 71st St, Indianapolis. From 1:30 p.m. to 2:55 p.m., an 85 cents per gallon* discount is being offered on E85 and regular gas, thanks to a promotion by the Brazilian Sugarcane Industry Association (UNICA) to increase U.S. awareness of sugarcane ethanol as an environmentally friendly fuel. UNICA provides 100 percent fuel-grade ethanol for the IZOD IndyCar Series....
DENVER, May 13 /PRNewswire-FirstCall/ -- BIOFUEL ENERGY CORP. (Nasdaq: BIOF), an ethanol production company, today announced its first quarter 2010 results. For the quarter ended March 31, 2010, revenues totaled $100.9 million, resulting in a net loss of $10.4 million, compared to revenues of $97.5 million and a net loss of $11.2 million for the same period in 2009. Net loss attributable to common shareholders was $8.2 million, or $.32 per share, for the quarter ended March 31, 2010,...
States aiming to lead the emerging biofuel industry may need to ante up substantial subsidies and tax incentives to ethanol producers just to get in the game, Michigan State University researchers say."State subsidies have played an important role in ethanol plant location decisions," explained Mark Skidmore, MSU professor of agricultural, food and resource economics. "The size of the incentives is important, too "“"“ the larger the subsidy or tax credit, the more likely it...
WASHINGTON, April 21 /PRNewswire/ -- In response to newly introduced legislation from Senators Chuck Grassley (R-IA) and Kent Conrad (D-ND) extending subsidies to corn ethanol and the 54-cents per gallon tariff on imported ethanol - particularly sugarcane ethanol from Brazil - for five more years, the Brazilian Sugarcane Industry Association (UNICA) issued the following statement. The statement should be attributed to Joel Velasco, UNICA's Chief Representative in North America. Sugarcane...
PRADOPOLIS, Brazil, April 18 /PRNewswire/ -- It makes no sense for countries to adopt ambitious policies to reduce greenhouse gas (GHG) emissions, while continuing to apply high tariffs on clean technologies that can be instrumental to achieve reduction goals and allowing fossil fuels to be traded freely. That was a key message delivered this morning by the President and CEO of the Brazilian Sugarcane Industry Association (UNICA), Marcos Jank, in a presentation to the World Trade...
Brazilian Sugarcane Industry Launches Education Campaign on Fuel's Benefits WASHINGTON, April 12 /PRNewswire-USNewswire/ -- As Earth Day approaches and Americans seek out environmentally friendly energy sources, the Brazilian Sugarcane Industry Association (UNICA) today launched an expansive national awareness campaign to explain sugarcane ethanol's benefits. UNICA's education campaign will include a new website, SweeterAlternative.com, online, print and radio advertising, new research and...
SAO PAULO, April 5 /PRNewswire/ -- Today's announcement that the Brazilian government has unilaterally eliminated its tariff on imported ethanol is a major step forward in building a global biofuels marketplace, according to the Brazilian Sugarcane Industry Association (UNICA). "UNICA believes that free trade is a two way street and Brazil, as the largest producer of cane ethanol and largest exporter of ethanol in the world, with 60% of the global market, will lead by example and eliminate...
DENVER, March 29 /PRNewswire-FirstCall/ -- BIOFUEL ENERGY CORP. (Nasdaq: BIOF), an ethanol production company, today announced its fourth quarter and year end 2009 results. Net income attributable to common shareholders was $6.8 million, or $.21 per diluted share, for the quarter ended December 31, 2009. For the year ended December 31, 2009, the net loss attributable to common shareholders was $13.6 million, or $.57 per share. For the quarter ended December 31, 2009, revenues totaled...
WASHINGTON, March 25 /PRNewswire-USNewswire/ -- In response to newly introduced legislation from Reps. Earl Pomeroy (D-ND) and John Shimkus (R-IL) extending subsidies to corn ethanol and the 54-cents per gallon tariff on imported ethanol - particularly sugarcane ethanol from Brazil - for five more years, the Brazilian Sugarcane Industry Association (UNICA) issued the following statement. The statement should be attributed to Joel Velasco, UNICA's Chief Representative in North America....
SAO PAULO, March 5 /PRNewswire/ -- The announcement that Brazil's 10 millionth Flex-Fuel vehicle was built yesterday, made by the country's National Association of Vehicle Manufacturers (Anfavea), is a milestone for the industry and the country. It should encourage automakers to invest more in the global dissemination of what has been accomplished in Brazil, as well as in their countries of origin. This was the assessment of the Brazilian Sugarcane Industry Association (UNICA), which...
