DUBAI, Feb 3- A director of commodity trading giant Glencore on Sunday questioned the conversion of corn into ethanol biofuel, saying it can contribute to higher prices.
The EPA wanted 8.7 million gallons in 2012, but actual production was near zero. Separately, renewable-fuel producer Amyris Inc. said Friday that its plant in Brazil made its first commercial shipment of farnesene, which is used in specialty chemicals and fuels. In afternoon trading shares of Amyris Inc. rose 23 cents, or 7.5 percent, to $3.27.
Jan 30- U.S. ethanol production has fallen to its lowest level since the government started collecting data more than two years ago, as poor demand and the high cost of corn prompt a series of plant closings. Gasoline demand is down and that is the big driver, "said R.J. O'Brien& Associates ethanol trader Julie Ward."
You're paying more at the pump -- and prices are likely to climb higher, particularly in the East. RBOB gasoline futures rose to a 15-month high on Monday after Hess announced it is closing its Port Redding, NJ, refinery by the end of the month. CNBC's Sharon Epperson explains what the closure of this key refinery in New York Harbor -- responsible for about 7.5 percent of gasoline production on the Eastern seaboard -- will be mean for drivers in the Northeast.
*Other carmakers such as Renault invited to join. NABERN, Germany, Jan 28- Three global carmakers joined forces on Monday to develop a range of affordable fuel cell cars for sale from 2017 in what could be the first major advance for the zero-emission technology.
Jan 24- German car maker Volkswagen AG has powered up a giant 9.5 megawatt solar system that will provide about 12.5 percent of the electricity used at its Chattanooga, Tennessee, manufacturing plant. Tennessee- based Solar power company Silicon Ranch owns the solar park and is selling the electricity to Volkswagen under a 20- year power purchase agreement.
The U.S. energy complex including the growth of natural-gas drilling is "a game changer" that could contribute to global economic growth and promote jobs, Dow Chemical CEO Andrew Liveris told CNBC.
DES MOINES, Iowa-- Several Iowa businesses and organizations have joined together to create a coalition that will push for continued government support of renewable fuels including ethanol and biodiesel. The Iowa RFS Coalition includes biotech giants DuPont, Monsanto, and Syngenta.