In Finland, the U.S. Blender’s Tax Credit (BTC) was approved retroactively for the years 2018 and 2019, as well as for the years 2020–2022, which Neste says will have a positive impact on the company’s comparable operating profit in the last quarter of 2019. The retroactive reinstatement of the BTC is expected to improve Neste’s […]
In California, Amyris successfully shipped the first cannabinoid to its partner, LAVVAN. These ingredients are produced with Amyris’s fermentation technology platform which allows Amyris to scale ingredients that are rarer within the cannabis plant, and difficult and extremely expensive to extract in quantity. Amyris is also well on its way to the shipment of a […]
What a year 2019! Butene, bio-isobutene, farnesene – it was a year of biochemicals and innovations, of changing policies and uncertainty of advanced biofuels, increased efficiencies in the world of enzymes, catalysts and more, fascinating developments with meat alternatives, leather without the cow, plastic without the plastic, a huge variety of joint ventures and partnerships, and […]
In Indonesia, Reuters reports that palm oil biodiesel and oleochemical exports fell 6.7% in October compared to September at 3.04 million metric tons on the back of lower production that month brought on by drier weather. Stocks fell slightly in October by 20,000 tons to 3.71 million tons. Indonesia has been focusing on increased domestic […]
In Ireland, Specialist Nutrition has decided to take a gamble and hop the pond, making its first US investment in New York where it has signed a EUR135 million deal with Attis Industries to supply wet animal feed produced from Attis’s recently acquired ethanol plant. Specialist Ingredients will act as the middleman, supply wet feed […]
In Connecticut, local press reports that the city of Danbury is set to become the first in the state to collect FOG from its waste streams as part of a wider $100 million wastewater treatment upgrade, which it expects will allow it to process enough fats to produce 250,000 gallons of biodiesel in its first […]
In Malaysia, Reuters reports that the country expects palm oil stocks to total 2.1 million metric tons by year’s end, or at worst 2.5 million tons, compared to 2.3 million tons at the end of December 2018 that was a record high. With the implementation of the B20 blending mandate next year, stocks are expected […]
In Singapore, Platts reports that with crude palm oil stocks falling in both Malaysia and Indonesia, prices rose to $648 per metric ton in early December against around $500 per ton at the start of the year, but even with higher prices, the POGO spread between the cost of heating oil and palm oil futures […]
In India, the Financial Express newspaper reports that Maharashtra’s cooperative mills are looking for alternative solutions to help get them out of the financial rut they’re in that has kept them from taking advantage of soft loans offered by the national government. One proposal is for permission to blend ethanol directly at the mills’ fuel […]
In Israel, China’s Xinhua news agency reports that researchers at Ben-Gurion University have developed new technology that uses a thermal treatment based on supercritical water to produce gas from organic waste. Supercritical water can actively decompose organic matter while dissolving inorganic matter slightly. Wood waste and glycerin were used as feedstocks in the lab trials. […]
