In the UK, the UK Committee on Climate Change’s new report seeking to achieve net-zero carbon emissions by 2050 sees CCS tied in with bioenergy production as key, as well as 21TWh of biofuels for aviation, roughly between 5% and 10% of 2017 aviation fuel consumption. That switch to aviation biofuels is estimated to displace […]
In California, Beyond Meat priced its IPO at $25 per share and raised an estimated $241 million, disclosing in an SEC filing that it expects to sell 9.63 million shares at the top end of its projected $23-$25 range. The company opens trading on NASDAQ with a $1.46 billion market valuation, based on known shares […]
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In North Dakota, local press reports that the state’s industrial commission has awarded Hankinson Renewable Energy a half million dollars in order to upgrade its ethanol facility, expanding production capacity by 10 million gallons per year thanks to Stack Heat Recovery system. The upgrade will not only reduce demand for natural gas and water but […]
In Thailand, the Bangkok Post newspaper reports that the country is moving ahead quickly with the development of its bioeconomy initiatives with implementation of three new areas in the biochemical hub in Chachoengsao, Ubon Ratchathani and Lop Buri beyond the four already under way in Khon Kaen, Nakhon Sawan, Kamphaeng Phet and Udon Thani. The […]
In Canada, Navius Research has released the 2019 edition of the “Biofuels in Canada” report. This report uses public data to catalogue the volume of transportation biofuels consumed in each Canadian province while estimating the impact of biofuel consumption on greenhouse gas emissions and transportation energy costs. Ethanol consumption has increased from roughly 1.700 billion […]
In Brazil, Bloomberg reports that the global ethanol market has split, with ethanol in the US acting almost completely unrelated from Brazil where the ethanol market is booming, as the sugarcane crush kicks off and drivers look to fill their tanks with record volumes of hydrous ethanol. In the US, on the other hand, stocks […]
In Washington, DTN reports that Energy Information Agency data shows ethanol stocks through the end of April remained at 7-month lows of around 22.695 million barrels. Both the Midwest producing region and Gulf Coast exporting region saw their stocks fall while the West Coast and East Coast both saw stock builds, keep supplies steady. Ethanol […]
In Brazil, Biofuels International reports that Katzen has been awarded the contract to design Brazil for Ethanol S. A. Bioenergia’s new corn-based ethanol plant in Nova Mutum, Mato Grosso. The facility, which broke ground last month, will produce 800,000 liters of ethanol per day in addition to DDGS and corn oil. The project is a […]
In the Netherlands, a team of researchers working at the University of Twente has solved the mystery of why a drop of oil bounces repeatedly when dropped in a water/ethanol gradient but eventually falls to the bottom of a jar. In their paper published in the journal Physical Review Letters, the group describes their study […]
