Biofuel plants have been put on hold faster than your phone company’s tech support line. With corn and soy prices hitting record high prices and an ethanol glut flooding the market, ethanol’s profit margin per gallon has dropped to a meager 25 cents from $2. That’s causing numerous ethanol and biodiesel plants to get put [...]
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Ethanol fuel in Brazil
Filed in Ethanol Definitions, Ethanol News, Food vs Fuel, TechnologyBrazil is the world’s second largest producer of ethanol and the world’s largest exporter, and it is considered to have the world’s first sustainable biofuels economy and the biofuel industry leader. Together, Brazil and the United States lead the industrial world in global ethanol production, accounting together for 70% of the world’s production and nearly [...]
