Archive for 2019

Bipartisan ‘Financing Our Energy Future Act’ could help algae markets

Bipartisan ‘Financing Our Energy Future Act’ could help algae markets

June 30, 2019 |

In Washington, D.C., the Algae Biomass Organization is supporting legislation, like the Financing Our Energy Future Act re-introduced earlier this month by U.S. Senators Chris Coons (D-DE) and Jerry Moran (R-KS) and Representatives Mike Thompson (D-CA-05) and Ron Estes (R-KS-04) that can level the playing field for algae companies that don’t currently qualify for many […]

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NREL selects 21 participants for 2019 Executive Energy Leadership Program

NREL selects 21 participants for 2019 Executive Energy Leadership Program

June 30, 2019 |

In Washington, D.C., the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) has selected 21 leaders to participate in its 2019 Executive Energy Leadership program (Energy Execs), which provides non-technical business, governmental, and community leaders an opportunity to learn about advanced energy technologies, analytical tools, and financing to guide their organizations and communities in […]

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Small rapeseed harvest coincides with strong demand for biodiesel

Small rapeseed harvest coincides with strong demand for biodiesel

June 30, 2019 |

In Germany, according to UFOP, due to the poor growing conditions that have been accompanying winter rapeseed since it was sown, Germany will only see a small rapeseed crop in 2019. The estimate is for around 3.1 million tonnes. This would translate to a 17 per cent drop from the already weak previous year and […]

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Cielo closed third tranche of private placements, announces joint venture extensions

Cielo closed third tranche of private placements, announces joint venture extensions

June 30, 2019 |

In Canada, Cielo Waste Solutions Corp. announced the closing of $1,020,250 in gross proceeds in the third tranche of its previously announced private placement of convertible debenture units and announced an extension to the deadlines to complete the previously announced joint venture agreements with Renewable U Grande Prairie Inc., Renewable U Medicine Hat Inc., Renewable […]

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Sugar mills diversifying to biofuel because of sugar tax, low prices

Sugar mills diversifying to biofuel because of sugar tax, low prices

June 30, 2019 |

In South Africa, the Gledhow sugar mill used to produce just sugarcane products like refined sugar, but is diversifying into biofuel now that the South African government has been more supportive of biofuel from sugarcane. Since the government’s new sugar tax a year ago, there has been a surplus of sugarcane in South Africa that […]

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BASF reshapes organization, reduces 6,000 positions globally

BASF reshapes organization, reduces 6,000 positions globally

June 30, 2019 |

In Germany, with an organizational realignment, BASF is streamlining its administration, sharpening the roles of services and regions and simplifying procedures and processes. As a result, the company expects savings of €300 million, which is anticipated to contribute €2 billion to earnings annually from the end of 2021 onwards. In the course of the strategy […]

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Avantium awarded nearly $1.5M for providing sugar streams from nonfood feedstock

Avantium awarded nearly $1.5M for providing sugar streams from nonfood feedstock

June 30, 2019 |

In the Netherlands, Avantium N.V. has been awarded €1.3 million (almost $1.5 million) for its Dawn and Mekong Technologies from the Bio Based Industries Joint Undertaking (BBI JU) under the European Union’s Horizon 2020 research and innovation program. The consortium, coordinated by Avantium, works on developing 100% plant-based chemicals produced from renewable raw materials. The […]

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PES held short position on RINs three months before announcing closure

PES held short position on RINs three months before announcing closure

June 27, 2019 |

In Pennsylvania, Reuters reports that during the two months leading up to the Wednesday announcement that Philadelphia Energy Solutions would close, claiming that the decision was due to a fire, two sources said that the country had built up as much as 90 million dollars’ worth of short positions in RINs over the past several […]

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POET plans to shift corn supplies between deficit and surplus regions during tight season

POET plans to shift corn supplies between deficit and surplus regions during tight season

June 27, 2019 |

In Iowa, POET told local press that it has a strategy in place to battle the likely shortfall of corn in Iowa and Indiana this season by shifting corn supplies among its 27 facilities across the Midwest where corn has been 100% or nearly 100% planted on schedule. The company also highlighted that though this […]

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Global Fuels to auction off 5 MGY biodiesel plant

Global Fuels to auction off 5 MGY biodiesel plant

June 27, 2019 |

In Missouri, Maas Companies of Rochester, MN will auction Global Fuels’ $11 Million/5 Million Gallon per year biodiesel plant. Maas Companies specializes in the liquidation of specialized and renewable assets for private companies, courts, banks and lenders nationwide. The assets will be sold via a sealed bid auction as the owner is retiring; the deadline […]

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