Thailand launches $11.3B, 10-year bioeconomic plan
From the U.S.’s ethanol exports to Thailand’s big announcement and an interesting survey in the European Union, this week’s news roundup takes us on a bioenergy-fueled trip around the world.
US ethanol exports start 2017 strong at 5-year highs
Exports of U.S. ethanol are off to a strong start for the first quarter of the 2016/17 marketing year and are at their highest levels during that time frame over the past five years, according to data recently released by the USDA’s Global Agricultural Trade System.
Exports totaled 353.2 million gallons for the months of September, October and November 2016, the first quarter of marketing year 2016/17.
Brazil, Canada and China were the top customers for U.S. ethanol, respectively. India, Peru, South Korea and Mexico were the next largest markets with U.S. ethanol exports totaling 62.4 million gallons over the same time period. Collectively, these top seven markets accounted for 88% of U.S. ethanol exports.
Read more on this story at Iowa Farmer Today.
Thailand launches $11.3B, 10-year plan to build bioeconomy
Thailand’s government has announced a 10-year plan to build a bioeconomy hub for the region, with private and public sector investment expected to reach $11.3 billion.
The announcement comes as Thailand focuses on sugarcane and cassava to feed modern biorefineries that will produce biofuels and biochemical as well as biopharmaceuticals, “future” food and “future” feed. The first $1.44 billion phase of investment is set for 2017/18.
Learn more about the plan at Biofuels Digest.
Poll: Europeans want EU policy to promote crop-based biofuels
Europeans overwhelmingly support the use of conventional biofuels made from crops and believe European Union policy should encourage it, according to an EU-wide opinion survey.
More than 69% of Europeans surveyed say conventional biofuels should be encouraged, while just 15% think they should not, according to the EuroPulse poll of 11,283 respondents in 28 EU countries.
The survey also found that 68% of Europeans favor EU policies to support crop-based conventional biofuels, while just 12% are against such policies. The results are significant in light of the European Commission’s proposal to phase out the use of conventional biofuels such as European ethanol.
Get more details about the survey at the European Renewable Ethanol Association (ePURE).