Argentina expects a rise in bioethanol production in 2018

By Staff Report | July 27, 2017

Argentina is expected to see its highest amount of gasoline and bioethanol production this year, according to the country’s government.

Bioethanol production is expected to reach 1.12 billion liters (295.9 million gallons) by the end of 2018. Gasoline usage is expected to be at 9.4 billion liters (2.5 billion gallons) by the end of the year. Both are record highs for Argentina.

Local bioethanol companies are asking the government to increase the bioethanol mix from 12 to 15 percent, but will not see this change for three or four years, as it is set to be finalized in 2021.

Argentina has enough mills to supply the increased mandates proposed with a surplus of sugar and corn, the government says. It is ranked one of the world’s top three exporters of sugar and corn, at an estimated 27.5 million tons this year.