Archive for 2019

Hemp, Inc. Oregon processing operation featured for state-of-the-art hemp processing

Hemp, Inc. Oregon processing operation featured for state-of-the-art hemp processing

November 16, 2019 |

In Nevada, Hemp, Inc. was covered in NewsWatch 12 (ABC) for their state-of-the-art hemp processing facility as the Company works through harvest season in Rogue Valley. The interview with Barry Epling, CEO of Farming Capital Corp, a wholly-owned subsidiary of Hemp Inc. discusses why hemp farmers need to plan ahead and consider the type of […]

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Avantium opens branch office in Japan for PEF

Avantium opens branch office in Japan for PEF

November 16, 2019 |

In the Netherlands, Avantium Renewable Polymers is establishing an Avantium branch office in Japan as part of its strategy to focus on high-value applications for PEF (polyethylene furanoate). This branch office will operate under the name Avantium Japan K.K and will help accommodate the development and marketing of PEF in high-value applications in the Japanese […]

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NREL announces new $3M marine-energy prize and Waves to Water winners

NREL announces new $3M marine-energy prize and Waves to Water winners

November 16, 2019 |

In Colorado, the National Renewable Energy Laboratory announced a new $3 million prize that will help generate innovation in marine-energy-powered ocean-observing platforms is now open for applications and also announced the 20 winners for the CONCEPT Stage of the Waves to Water Prize competition, which is the first prize administered as part of the U.S. […]

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Aemetis reports 145% year to date increase in biodiesel sales volumes

Aemetis reports 145% year to date increase in biodiesel sales volumes

November 16, 2019 |

In California, Aemetis, Inc. shared its financial results Q3 2019 demonstrating strong growth from its India biofuels plant and reporting a 145% year to date increase in biodiesel sales volumes from 15,176 metric tons to 37,104 metric tons. Aemetis’ third quarter of 2019 included significant announcements related to the market expansion of its India plant […]

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Integrity Biofuels tenth biodiesel plant to shut waiting for renewal of lapsed tax credit

Integrity Biofuels tenth biodiesel plant to shut waiting for renewal of lapsed tax credit

November 14, 2019 |

In Indiana, Bloomberg reports that Integrity Biofuels has become the tenth biodiesel plant to close this year as the industry waits for Congress to extend the biodiesel tax credit that lapsed 22 months ago. Biodiesel producers have long expected the tax credit to be renewed so many made the decision to lower prices ahead of […]

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Mitsui to invest $8.5 million in LanzaTech’s Chinese company

Mitsui to invest $8.5 million in LanzaTech’s Chinese company

November 14, 2019 |

In Japan, Mitsui & Co., Ltd. will acquire an equity interest in China-based next-generation ethanol producer Beijing Shougang LanzaTech New Energy Technology (SGLT). After obtaining the appropriate licenses and permissions, Mitsui plans to invest around $8.5 million in SGLT via a third-party allotment implemented by the company. SGLT is the world’s first commercial-scale producer of […]

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Turkish biodiesel production up 18% on the year through August

Turkish biodiesel production up 18% on the year through August

November 14, 2019 |

In Turkey, the Daily Sabah newspaper reports that biodiesel production for the year through August rose 18% against the same period in 2018 at 78,000 metric tons compared to 66,000. The industry produced a total of 108,609 tons, primarily from waste oils but also from canola and safflower but is expected to pass 120,000 tons […]

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Gevo signs fuel sales agreement with SAS Airlines

Gevo signs fuel sales agreement with SAS Airlines

November 14, 2019 |

In Colorado, Gevo, Inc. announced it has signed a Fuel Sales Agreement with Scandinavian Airline System (“SAS”) to produce and supply sustainable aviation fuel for use and distribution in low carbon fuel regions of the United States. With the finalization of this new supply contract, Gevo will supply SAF to SAS from Gevo’s expanded Luverne, […]

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Golden Agri sees palm oil reaching $700/mt in next six months

Golden Agri sees palm oil reaching $700/mt in next six months

November 14, 2019 |

In Singapore, Platts reports that Golden Agri expects palm oil prices to return to around the $700 per metric ton FOB Belawan mark in the next six months compared to current Malaysian futures levels of $612.50/mt on the back of Indonesia’s B30 mandate. The policy is set for implementation on January 1, 2020. The company […]

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Ethanol stocks fall to two-year lows again despite rising production

Ethanol stocks fall to two-year lows again despite rising production

November 14, 2019 |

In Washington, DTN reports that Energy Information Administration data shows that ethanol stocks fell last week to their lowest in two years, again, despite production continuing to increase over the past seven weeks. Ethanol stocks fell to 20.985 million barrels, 889,000 barrels lower than the week prior, with losses seen in all major regions including […]

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