You are here

Ethanol joins US fuels influencing global exports

Exports of the additive derived from corn rose 31 per cent this year to the highest level since 2011
Monday, December 8, 2014 - 05:50

BT_20141208_ETHANOL8_1402088.jpg
While the shale-oil boom created a stream of refined products flowing overseas, the ethanol surge is being driven by record crops. The US is producing about 66 million tonnes more corn than a decade ago.

Chicago

THE US is adding ethanol to the list of fuels it dominates in world markets.

Exports of the additive derived from corn rose 31 per cent this year to the highest level since 2011, meeting demand from South Korea to Persian Gulf oil producers. The growth in sales follows a

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom