Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Top News

Economy Shifts, and the Ethanol Industry Reels

Nov. 4, 2008
The combined effects of falling ethanol prices, credit woes and volatile costs for the corn from which corn is made is threatening many ethanol producers.
Related Stories from UPI.com

Brazil calls on U.S. to drop ethanol tariff

MIAMI, Dec. 4 (UPI) -- Top officials at Brazil's state-run energy company Petrobras expect big things from President-elect Barack Obama next year, in particular a reduction of the tariff on Brazilian ethanol exported to the United States.

Brazil defends ethanol from detractors ... again

MIAMI, Nov. 19 (UPI) -- Increasing ethanol production in Brazil will not lead to greater deforestation of the Amazon, as some critics of the world's largest ethanol exporter contend, according to a top Brazilian official at the outset of a five-day international biofuel conference in Brazil.

U.S. Sugar explores ethanol option

TALLAHASSEE, Fla., Nov. 18 (UPI) -- Florida's proposed buyout of U.S. Sugar Corp. to restore the Everglades has changed as the corporation said it was considering building an ethanol plant.

U.S. raises ethanol fuel standard for 2009

WASHINGTON, Nov. 17 (UPI) -- The federal government said Monday it is increasing the target for the amount of ethanol used in the U.S. gasoline supply to 11.1 billion gallons.

U.S. ethanol businesses struggling

INDIANAPOLIS, Nov. 16 (UPI) -- U.S. ethanol producers in the Midwest are struggling financially amid falling prices and tightening credit markets, analysts say.

Green Plains Energy backs ethanol use

OMAHA, Nov. 13 (UPI) -- Nebraska-based Green Plains Renewable Energy Inc. joined ethanol industry leaders to advocate the use of ethanol.

Ag prices tied more to ethanol than food

CHAMPAIGN, Ill., Nov. 12 (UPI) -- A U.S. agricultural economist says crop growers' fortunes are now tied more to ethanol than food.
Ethanol producers and corn prices fall

Ethanol producers and corn prices fall

CHICAGO, Nov. 5 (UPI) -- Wavering corn prices have turned on the U.S. ethanol production business, which is struggling to survive in its current form, records show.

Ethanol maker declares bankruptcy

SIOUX FALLS, S.D., Nov. 1 (UPI) -- U.S. ethanol producer Verasun Energy says it has declared bankruptcy after sustaining huge losses on the corn futures market.

Commission to allow EU biofuels to stay

BRUSSELS , Oct. 29 (UPI) -- The European Commission is working on a new directive to allow certain biofuels produced in Europe to meet greenhouse gas emission rules.

Ethanol test-shipped in gasoline pipeline

HOUSTON, Oct. 16 (UPI) -- A major U.S. pipeline operator says it successfully test-shipped ethanol over a standard gasoline pipeline in a breakthrough in ethanol development.
Grains lower on Chicago Board of Trade

Grains lower on Chicago Board of Trade

CHICAGO, Aug. 28 (UPI) -- Midwest grains remained under pressure through much of the day at the Chicago Board of Trade Thursday as most finished in the red.

EPA won't reduce ethanol requirement

WASHINGTON, Aug. 7 (UPI) -- The U.S. Environmental Protection Agency refused Thursday to reduce its quota for ethanol use from 9 billion gallons this year and 11 billion gallons in 2009.

BP, Verenium to build U.S. ethanol plants

LONDON, Aug. 6 (UPI) -- BP and Verenium Corp. announced cooperation on ethanol in the United States.

Miscanthus grass an ideal biofuels source

CHAMPAIGN, Ill., July 31 (UPI) -- U.S. crop experts say they've discovered the giant perennial grass Miscanthus x giganteus can significantly outperform current biofuel sources.
1 of 29
French Open tennis in Paris
View Caption
Russian Maria Sharapova signs autographs after winning her French Open womens first round match against Romanian Alexandra Cadantu at Roland Garros in Paris on May 29, 2012. Sharapova defeated Cadantu 6-0, 6-0 to advance to the next round. UPI/David Silpa