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Ethanol News - May 2008

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Credit Suisse Analysts Say Corn Undervalued Versus Crude Oil
Cattle Network - 5/15/2008 2:58:00 PM
Corn futures prices and crude oil prices have both hit record highs in recent days, but one analyst said the grain's price is sharply undervalued when comparing the energy value to oil.
UNICA launches European office in Brussels
PR Newswire - 5/14/2008 10:47:00 PM
In order to better contribute to the ongoing debate on ethanol and climate change and in line with its global strategy, the Brazilian Sugarcane Industry Association (UNICA) has opened an office in Brussels and appointed a European Representative.
DuPont and Genencor form JV to make cellulosic ethanol
Reuters - 5/14/2008 3:44:00 PM
U.S. chemical maker DuPont Co (DD.N: Quote, Profile, Research) and Genencor, a unit of Denmark's Danisco (DCO.CO: Quote, Profile, Research), on Wednesday said they plan to form DuPont Danisco Cellulosic Ethanol LLC, a 50-50 joint venture to develop and commercialize low-cost technology for producing cellulosic ethanol.
CBOT Corn Review: Drops On Clearing Weather, Rallies Late
Cattle Network - 5/13/2008 10:51:00 PM
Chicago Board of Trade corn futures ended lower Tuesday as improved U.S. weather forecasts left the market without bullish news, traders and analysts said. Despite the drop, corn did rally late to finish 12-14 cents higher than session lows, bouncing back after dipping below its 20-day moving averages. An analyst attributed the late rally to supportive rallies in crude oil and soybeans.
Ethanol Economics Boosted By Pipelines - VeraSun CEO
Cattle Network - 5/13/2008 10:43:00 PM
The economics of U.S. ethanol production will be improved by plans to ship the gasoline substitute through pipelines for the first time, according to the top executive at VeraSun Energy Corp.
Biofuels Will Account for 63% of Non-OPEC Oil Growth, IEA Says
Bloomberg - 5/13/2008 2:06:00 PM
Biofuels will account for 63 percent of oil supply growth from non-OPEC countries this year, taking global production of crop-based fuel to more than 1.5 million barrels a day, the International Energy Agency said today.
US: VeraSun Energy swings to 1Q profit on higher volumes and prices
Chronicle - 5/13/2008 2:03:00 PM
Ethanol producer VeraSun Energy Corp. said Tuesday it swung to a first-quarter profit on higher volumes and prices, but its earnings per share missed Wall Street expectations.
EU: New Ethanol REACH Association Launched
Ethanol Statistics - 5/13/2008 11:08:00 AM
In response to the legal obligation to register ethanol under the EU’s REACH* regulation, leading ethanol manufacturers in Europe have come together to set up the Ethanol REACH Association to enable joint submissions of high-quality dossiers.
US: Corn planting at 51%, compared to 77% five year average
Brownfield - 5/13/2008 1:32:00 AM
The United States Department of Agriculture reports that as of Sunday, May 11, 51% of the U.S. corn crop was planted. That’s compared to 27% a week ago, 71% a year ago and 77% for the five year average. Prior to the report, analysts were generally anticipating planting to be from 40% to 60% complete.
EU: Largest biorefinery to come onstream H1 2009
Reuters - 5/12/2008 5:28:00 PM
The largest biorefinery in the European Union should be up and running in the first half of next year, consuming a substantial chunk of Britain's exportable wheat surplus, the head of UK biofuels firm Ensus said.

Total Records: 47 Showing Page: 1 of 5 > >>|
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The Ethanol News has been carefully selected by Ethanol Statistics based on relevance and potential impact. This section therefore only contains the most important news in the industry.

May 2008 (47 items)
April 2008 (98 items)
March 2008 (107 items)
February 2008 (80 items)
January 2008 (89 items)
December 2007 (91 items)
November 2007 (134 items)
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September 2007 (175 items)
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