U.S. Ethanol Companies Set for Growth
March 15 2012 - 8:20AM
Marketwired
Government data recently released showed the U.S. exported 76.3
million gallons of ethanol in January. January 2012 exports were
33% above January 2011 totals and nearly six times higher than
January 2010. Exports to Brazil fell from previous months, due
largely to that nation's recent decision to reduce the mandatory
ethanol blend level from 25% to 20%. The Paragon Report examines
the outlook for companies in the ethanol industry and provides
equity research on BioFuel Energy Corporation (NASDAQ: BIOF) and
Archer Daniels Midland Company (NYSE: ADM). Access to the full
company reports can be found at:
www.paragonreport.com/BIOF
www.paragonreport.com/ADM
Earlier this week Bloomberg reported that Brazil is struggling
to make enough ethanol to satisfy domestic demand just as the U.S.
scraps restrictions on imports for the first time since 1980.
Investment in new sugar-cane assets and plantations in Brazil
collapsed to $700 million last year, from $7.84 billion in 2008,
according to Salim Morsy, an analyst at Bloomberg New Energy
Finance in New York.
Brazil may become a net importer of ethanol this year, with
purchases of 1.66 billion liters during the 2011-2012 season
exceeding exports for the first time in at least 10 years,
according to Sao Paulo-based consultancy Datagro.
The Paragon Report provides investors with an excellent first
step in their due diligence by providing daily trading ideas, and
consolidating the public information available on them. For more
investment research on the ethanol industry register with us free
at www.paragonreport.com and get exclusive access to our numerous
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Pacific Ethanol, Inc. produces and markets low carbon renewable
fuels in the western United States, primarily in California,
Nevada, Arizona, Oregon, Colorado, Idaho, and Washington. Pacific
Ethanol recently reported net sales of $241.8 million for the
fourth quarter ended December 31, 2011, an increase of 80% from
$134.2 million reported in the fourth quarter of 2010.
Cosan Limited engages in energy, food, logistics,
infrastructure, and agricultural property management business
activities primarily in Brazil, Europe, Latin America, the Middle
East, Asia, and North America.
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