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May 21 2012
USDA projects record US corn supply
The US Department of Agriculture (USDA) in its first projection of the 2012/13 corn crop (Sep/Aug) sees record supplies and a sharp decline in average farm prices.
Read Article >>Cane revival plan in Brazil fails to fly
Bloomberg reported that the federal government's BRL4 bln ($1=BRL1.96) lending program introduced in January to revive cane production has faltered as bureaucracy and a curb on foreign loans choked credit needed to finance planting.
Read Article >>US March ethanol exports at three-month high
US ethanol exports in March 2012 amounted to 257.7 mln litres. This was the highest monthly volume in 2012 so far, but below the 320.7 mln litres one year earlier. The Q1 2012 total is with 688.6 mln litres down from 767.0 mln one year earlier.
Read Article >>Court reverses 2011 decision on Novozymes vs. Danisco
The US District Court for the Western District of Wisconsin said that Novozymes' patent on an alpha-amylase enzyme used in the ethanol industry is invalid for a lack of an adequate written description. Therefore, the court is confident that the patent was not infringed by Danisco and Genencor International. Last year, a Wisconsin District Court ordered Danisco to pay damages of $18.3 mln for infringing on the patent.
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Lower sales, higher costs let Amyris' loss deepen
Bonsucro announces ambitious growth targets
Higher product revenue unable to keep Codexis' Q1 2012 EBIT from falling
South Korean chemical companies flock to biopolymers
Siemens and partners develop renewable ABS polymer
EdeniQ raises $30 mln for cellulosic feedstock conversion
DuPont to set up cellulosic ethanol production at Iowa corn ethanol plant
2012 another consolidation year for world ethanol market
Renewable bottles to require 3.5 bln litres of Brazilian ethanol
CSM shifts focus to biomaterials
