In Indonesia, the president believes the country will be able to keep the national currency from continuing its nosedive if it immediately implements higher biodiesel blending and stops spending its scarce foreign currency on buying fossil fuels. Oil prices have risen sharply lately while vegetable prices remain low. The rupiah has fallen 6% in recent […]
In the UK, S&P Global Platts announced that it has started publishing three daily soybean price assessments: SOYBEX CFR China, SOYBEX FOB Santos and SOYBEX FOB Paranagua. The daily price assessment SOYBEX CFR China reflects the value of soybeans on a delivered basis into ports in North China. The daily price assessments SOYBEX FOB Santos […]
In Washington, Reuters reports data from the Energy Information Agency shows May biodiesel production recovered from its losses in April to 149 million gallons from 140 million gallons the month prior. About 51% of the total production came from soybean oil, accounting for 581 million lbs compared to 520 million lbs used in April. US […]
In Brazil, the government is trying to provide space in its biodiesel tenders for smaller producers by including a tranche of 5%-10% of total volume contracted to go to those who produce 18.5 million gallons per year or less. The Ministry of Mines and Energy made the announcement on Monday when it also published rules […]
In Illinois, Aaron Equipment Company, on behalf of Tenaska Commodities, LLC, opened bidding on the assets of a Clinton, Iowa biodiesel plant on May 7. The auction has been taking place in conjunction with Reich Brothers, LLC, which specializes in complex asset dispositions and liquidity enhancements for companies undergoing structural changes. The sale marks Aaron […]
In Kansas, VNA Corporation is looking to set up a biogas plant using wheat straw as feedstock near the town of Wellington but neighbors are already getting upset about the increased traffic the plant will generate during harvest season as well as air quality and competition for water. State tests are underway to determine if […]
In Japan, new IIASA-led research has found that a single climate mitigation scheme applied to all sectors, such as a global carbon tax, could have a serious impact on agriculture and result in far more widespread hunger and food insecurity than the direct impacts of climate change. Smarter, more inclusive policies are needed instead. The […]
In Washington, the National Biodiesel Board filed an opening brief July 27 in its lawsuit objecting to U.S. EPA’s methodology for establishing the 2018 Renewable Fuel Standards (RFS). NBB specifically disputes three issues with EPA’s final RFS rule for 2018, arguing: -EPA must account for all small refinery exemptions in the annual percentage standard; -the […]
In Spain, BIOCON-CO2, a new €7 million EU Horizon 2020-funded research project, has recently kicked-off with intentions of supporting EU leadership in carbon dioxide (CO2) re-use technologies. BIOCON-CO2 aims to re-use excess CO2 produced from the iron, steel, cement and electric power industries to create value-added chemicals and plastics. This will be achieved by developing […]
Vertimass technology was originated at Oak Ridge National Laboratory, where scientists discovered novel catalysts that convert a wide range of alcohols into various hydrocarbon blend stocks which can be used in existing gasoline, diesel and jet engines without modifications. COO John Hannon gave this illuminating overview of the technology, the commercial rationale and the timelines […]
