{"id":4172,"date":"2016-01-21T13:54:19","date_gmt":"2016-01-21T13:54:19","guid":{"rendered":"https:\/\/grains.org\/ltamex\/usgc-looks-to-ethanol-potential-in-asian-markets\/"},"modified":"2016-01-21T13:54:19","modified_gmt":"2016-01-21T13:54:19","slug":"usgc-looks-to-ethanol-potential-in-asian-markets","status":"publish","type":"post","link":"https:\/\/grains.org\/ltamex\/usgc-looks-to-ethanol-potential-in-asian-markets\/","title":{"rendered":"USGC Looks to Ethanol Potential In Asian Markets"},"content":{"rendered":"<p><!--[if gte vml 1]><v:shapetype id=\"_x0000_t75\" coordsize=\"21600,21600\"\n o:spt=\"75\" o:preferrelative=\"t\" path=\"m@4@5l@4@11@9@11@9@5xe\" filled=\"f\"\n stroked=\"f\">\n <v:stroke joinstyle=\"miter\"><\/v:stroke>\n <v:formulas>\n  <v:f eqn=\"if lineDrawn pixelLineWidth 0\"><\/v:f>\n  <v:f eqn=\"sum @0 1 0\"><\/v:f>\n  <v:f eqn=\"sum 0 0 @1\"><\/v:f>\n  <v:f eqn=\"prod @2 1 2\"><\/v:f>\n  <v:f eqn=\"prod @3 21600 pixelWidth\"><\/v:f>\n  <v:f eqn=\"prod @3 21600 pixelHeight\"><\/v:f>\n  <v:f eqn=\"sum @0 0 1\"><\/v:f>\n  <v:f eqn=\"prod @6 1 2\"><\/v:f>\n  <v:f eqn=\"prod @7 21600 pixelWidth\"><\/v:f>\n  <v:f eqn=\"sum @8 21600 0\"><\/v:f>\n  <v:f eqn=\"prod @7 21600 pixelHeight\"><\/v:f>\n  <v:f eqn=\"sum @10 21600 0\"><\/v:f>\n <\/v:formulas>\n <v:path o:extrusionok=\"f\" gradientshapeok=\"t\" o:connecttype=\"rect\"><\/v:path>\n <o:lock v:ext=\"edit\" aspectratio=\"t\"><\/o:lock>\n<\/v:shapetype><v:shape id=\"_x0000_s1026\" type=\"#_x0000_t75\" alt=\"\" style='position:absolute;\n margin-left:0;margin-top:0;width:180pt;height:135pt;z-index:251660288;\n mso-wrap-distance-left:0;mso-wrap-distance-top:0;mso-wrap-distance-right:0;\n mso-wrap-distance-bottom:0;mso-position-horizontal:left;\n mso-position-horizontal-relative:text;mso-position-vertical-relative:line'\n o:allowoverlap=\"f\">\n <v:imagedata src=\"http:\/\/www.informz.net\/USGC\/data\/images\/Global%20Update\/2016\/January\/Jan.%2021\/Ethanol%20assessment2.jpg\"><\/v:imagedata>\n <w:wrap type=\"square\"><\/w:wrap>\n<\/v:shape><![endif]--><!--[if !vml]--><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.informz.net\/USGC\/data\/images\/Global%20Update\/2016\/January\/Jan.%2021\/Ethanol%20assessment2.jpg\" align=\"left\" width=\"300\" height=\"225\" border=\"0\"><!--[endif]--><span>A team of U.S. Grains Council (USGC) staff and two ethanol industry representatives traveled to Japan, Korea and Taiwan last month to review the ethanol markets in these countries and evaluate potential for ongoing U.S. ethanol export promotion programs in the region.<\/span><\/p>\n<p><span>The team visited quasi-governmental organizations, government agencies, industry experts and representatives to both network and discuss possible in-roads for U.S. ethanol.<!--break--><\/span><\/p>\n<p><span>\u00e2\u20ac\u0153The United States exported more than 870 million gallons of ethanol during the 2014\/2015 marketing year, but there is room for more,\u00e2\u20ac\ufffd said USGC Chief Economist Mike Dwyer. \u00e2\u20ac\u0153Asia \u00e2\u20ac\u201c and particularly Japan, Korea and Taiwan &#8211; offer some exciting opportunities for U.S. ethanol exports. However, demand doesn\u00e2\u20ac\u2122t happen on its own, we have to build it from the ground up.\u00e2\u20ac\ufffd<\/span><\/p>\n<p><span>While in Japan, the group\u00e2\u20ac\u2122s discussions dove into greater depth on constraints that had been uncovered during <a href=\"http:\/\/USGC.informz.net\/z\/cjUucD9taT01Mjk5ODkzJnA9MSZ1PTEwNjIwMjQxMTYmbGk9MzI5NDE3NjE\/index.html\" target=\"_self\">past missions<\/a> and potentials ways to overcome them.<\/span><\/p>\n<p><span>\u00e2\u20ac\u0153We once again examined the requirements of the Japanese sustainability standards, looked at ways to overcome infrastructure concerns and scrutinized our core messages for ways to overcome misperceptions of renewable fuels,\u00e2\u20ac\ufffd Dwyer said.<\/span><\/p>\n<p><!--[if gte vml 1]><v:shape id=\"_x0000_s1027\" type=\"#_x0000_t75\" alt=\"\"\n style='position:absolute;margin-left:66.4pt;margin-top:0;width:117.6pt;\n height:120pt;z-index:251661312;mso-wrap-distance-left:0;\n mso-wrap-distance-top:0;mso-wrap-distance-right:0;mso-wrap-distance-bottom:0;\n mso-position-horizontal:right;mso-position-horizontal-relative:text;\n mso-position-vertical-relative:line' o:allowoverlap=\"f\">\n <v:imagedata src=\"http:\/\/www.informz.net\/USGC\/data\/images\/Global%20Update\/2016\/January\/Jan.%2021\/TOC-Ethanol-assessment1.jpg\"><\/v:imagedata>\n <w:wrap type=\"square\"><\/w:wrap>\n<\/v:shape><![endif]--><!--[if !vml]--><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.informz.net\/USGC\/data\/images\/Global%20Update\/2016\/January\/Jan.%2021\/TOC-Ethanol-assessment1.jpg\" align=\"right\" width=\"196\" height=\"200\" border=\"0\"><!--[endif]--><span>\u00e2\u20ac\u0153We believe through workshops, seminars and building relationships with key stakeholders in the Japanese market, we can generate potential interest for U.S. ethanol exports there. However, this may take time, and we have to be cognizant of the market environment, particularly as Japanese gasoline usage is actually expected to drop in the next decade.\u00e2\u20ac\ufffd<\/span><\/p>\n<p><span>The group also visited Korea where a national mandate calling for 2.5 percent biodiesel blending was put in place&nbsp;as of July 31, 2015.<\/span><\/p>\n<p><span>\u00e2\u20ac\u0153When we first began ethanol promotion, Korea had no fuel blending mandate,\u00e2\u20ac\ufffd Dwyer said. \u00e2\u20ac\u0153While the new requirements don\u00e2\u20ac\u2122t specifically require ethanol, we believe with some basic USGC programming, such as trade teams, we can develop Korean interest in U.S. ethanol and create demand for it as a fuel source.\u00e2\u20ac\ufffd<\/span><\/p>\n<p><span>The&nbsp;group&#8217;s final stop was in&nbsp;Taiwan, which has primarily been using fuel ethanol produced from sugarcane from other global exporters.<\/span><\/p>\n<p><span>\u00e2\u20ac\u0153We hope to start providing targeted messaging to our key contacts in Taiwan to build this market\u00e2\u20ac\u2122s confidence in the United States\u00e2\u20ac\u2122 ability to provide a clean-burning renewable fuel source,\u00e2\u20ac\ufffd Dwyer said. \u00e2\u20ac\u0153However, with recent elections in Taiwan, this messaging may be most effective when the newly-elected officials take office later this year.\u00e2\u20ac\ufffd<\/span><\/p>\n<p><span>This mission to Asia&nbsp;was part of an effort to ramp up ethanol promotion programs managed by the Council and its partners at Growth Energy, the Renewable Fuels Association and USDA\u00e2\u20ac\u2122s Foreign Agricultural Service. Across the globe, this group is undertaking work to establish contacts and initiate efforts to increase commitments to biofuels as well as to address regulatory barriers to U.S. ethanol imports and build public confidence in ethanol as a desirable renewable fuel source.<\/span><\/p>\n<p><span>Click <a href=\"http:\/\/USGC.informz.net\/z\/cjUucD9taT01Mjk5ODkzJnA9MSZ1PTEwNjIwMjQxMTYmbGk9MzI5NDE3NjI\/index.html\" target=\"_self\">here<\/a>&nbsp;to read past <em>Global Update<\/em> articles on ethanol.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A team of U.S. Grains Council (USGC) staff and two ethanol industry representatives traveled to Japan, Korea and Taiwan last month to review the ethanol markets in these countries and evaluate potential for ongoing U.S. ethanol export promotion programs in the region. The team visited quasi-governmental organizations, government agencies, industry experts and representatives to both &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/grains.org\/ltamex\/usgc-looks-to-ethanol-potential-in-asian-markets\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;USGC Looks to Ethanol Potential In Asian Markets&#8221;<\/span><\/a><\/p>\n","protected":false},"author":24,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[],"tags":[],"commodity":[],"country":[20,22,19],"region":[],"topic":[],"class_list":["post-4172","post","type-post","status-publish","format-standard","hentry","country-japan","country-south-korea","country-taiwan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>USGC Looks to Ethanol Potential In Asian Markets - Am\u00e9rica Latina<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/grains.org\/ltamex\/USGBC-looks-to-ethanol-potential-in-asian-markets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"USGC Looks to Ethanol Potential In Asian Markets - Am\u00e9rica Latina\" \/>\n<meta property=\"og:description\" content=\"A team of U.S. Grains Council (USGC) staff and two ethanol industry representatives traveled to Japan, Korea and Taiwan last month to review the ethanol markets in these countries and evaluate potential for ongoing U.S. ethanol export promotion programs in the region. 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