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On January 19th, Dinglong Technology announced its 2025 annual performance forecast, projecting net profit attributable to shareholders of the listed company to be between 700 million and 730 million yuan, representing a year-on-year increase of 34.44% to 40.20%. Net profit excluding non-recurring gains and losses is expected to be between 661 million and 691 million yuan, representing a year-on-year increase of 41.00% to 47.40%. During the reporting period, strong growth in the semiconductor materials and display materials businesses, coupled with deepened cost control and the release of lean operational efficiency, drove improved profitability.Brazilian economists predict that the Central Bank of Brazils benchmark interest rate will be 12.25% by the end of 2026; this was also the previous forecast.A spokesperson for the European Commission said the EU Transatlantic Relations Council will convene on Thursday, January 22.On January 19th, Jianghua Microelectronics announced that its controlling shareholder, Zibo Xingheng Tusong, after planning a major event leading to a change of control, signed a conditional share transfer agreement with Shanghai Fuxun Technology. Due to the progress of the above matter, the companys stock will resume trading on January 20, 2026. This change of control is still subject to several procedures, including internal decision-making and regulatory approval, and therefore involves uncertainty. The company promises to strictly fulfill its information disclosure obligations according to the progress of the matter and reminds investors to pay attention to investment risks.A German government spokesperson stated that tariff threats are unacceptable and that the government is determined to respond to new tariffs with retaliatory tariffs.

U.S. Governor Seeks to Expand Sales of High-ethanol Blended Gasoline

Haiden Holmes

Apr 29, 2022 09:32

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Governors from Iowa, Illinois, and Minnesota wrote to the Environmental Protection Agency to argue that year-round use of the blend, known as E15, will help cut gasoline costs, which have surged to more than $4 per gallon following Russia's invasion of Ukraine.


President Joe Biden announced intentions earlier this month to enable summertime sales of E15 gasoline, which contains 15% ethanol. Summertime restrictions on E15 were enforced because of fears that it contributes to pollution in hot weather, despite the fact that research indicates that the 15% blend may not contribute to smog in comparison to the more prevalent E10 available year-round. E10 is 10% ethanol.


However, proponents of biofuels desire a more permanent solution that allows for year-round E15 sales. Increased sales of the combination would almost certainly expand the market for corn-based ethanol.


Governors may petition the EPA under the Clean Air Act to equalize the volatility standards for E15 and E10. On Thursday, the Midwest governors informed the EPA that they are pursuing this option in order to enable year-round E15 sales.


"These states have paved the way forward on E15," Renewable Fuels Association President Geoff Cooper said. "We urge additional states and the EPA to follow suit so that drivers across the country can continue to enjoy the benefits of E15."


According to the RFA, the states involved in Thursday's action are home to 57% of the nation's 2,512 stations currently selling E15.

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