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On January 5, 2024, The Secretariat of Agriculture, Livestock and Fisheries of the Ministry of Economy authorized for the first time the commercialization of four genetically modified (GM) yeasts to enhance bioethanol production through grain fermentation. Industry supports this decision and expects it to help pave the way for a cleaner and more sustainable future in fuels.

India is the world’s most populous country and boasts one of the fastest growing economies in the world. As Indian households continue to reach higher levels of consumer spending, imported agricultural products are becoming more accessible to a larger number of people.

On November 18, the Brazilian National Energy Policy Council published a resolution to allow for the use of imported materials – either raw soybeans or soybean oil - in the production of biodiesel.

The European Commission launched a public consultation on the EU’s review of the Renewable Energy Directive (REDII).

To meet its 2020 biofuel target amid declining gasoline demand due to COVID-19, Japan increases its average bioethanol blend rate to 1.9 percent.

On October 29, 2020, India’s Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister approved revised prices for ethanol procurement by the state-owned Oil Marketing Companies...