Archive for 2020

Oil collapse and coronavirus causing U.S. ethanol industry to ‘bleed’ as margins slump to 8 year low

Oil collapse and coronavirus causing U.S. ethanol industry to ‘bleed’ as margins slump to 8 year low

March 15, 2020 |

In New York, Reuters reports that “U.S. ethanol producers are feeling the pain as margins on the corn-based fuel slumped this week to an eight-year low for this time of year, weighed by concerns over lower fuel demand from the coronavirus and the recent collapse in oil prices.” According to Reuters, “The coronavirus outbreak is […]

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Amyris reports Q4 2019 total revenue of $40.5M, 148% increase over Q4 2018

Amyris reports Q4 2019 total revenue of $40.5M, 148% increase over Q4 2018

March 15, 2020 |

In New York, Amyris reports a strong quarter of recurring revenue growth at $40.5 million which is a 148% increase over Q42018, and a Fiscal 2019 total revenue of $152.6 million, an increase of 140% over Fiscal 2018, with a more than doubled recurring revenue year over year with gross margin of 56%. “We delivered […]

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Aemetis reports 123% year over year revenue growth at India biodiesel and glycerin plant

Aemetis reports 123% year over year revenue growth at India biodiesel and glycerin plant

March 15, 2020 |

In California, advanced renewable fuels and biochemicals company Aemetis achieved 123% year over year revenue growth at their India plant. Revenues were $52.1 million for the fourth quarter of 2019, compared to $38.8 million for the fourth quarter of 2018. Revenues increased 18% to $202 million for the twelve months ended December 31, 2019, compared […]

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Preem selects HydroFlex for renewable fuels plant with potential to save 2.5M tons CO2

Preem selects HydroFlex for renewable fuels plant with potential to save 2.5M tons CO2

March 15, 2020 |

In Sweden, Preem has chosen Haldor Topsoe’s HydroFlex renewable fuel technology to produce clean renewable diesel and jet fuel at their Gothenburg refinery in Sweden. The 16,000 barrels-per-day unit will have a yearly production capacity of approximately one million cubic meters of fuels which corresponds to about 25% of Sweden’s estimated consumption of renewable fuels […]

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Bast Fibre grabs global licensing deal with mega-TP maker Georgia-Pacific

Bast Fibre grabs global licensing deal with mega-TP maker Georgia-Pacific

March 15, 2020 |

Empty toilet paper shelf images are streaming from seemingly everywhere in the U.S. right now, but apparently 4 billion people in the world don’t even use toilet paper, and the first commercially packaged TP wasn’t even developed until 1857 making it a relatively modern product from a historical perspective. Don’t fret though – if you […]

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Preem chooses Haldor Topsoe’s HydroFlex™ for Gothenburg biorefinery

Preem chooses Haldor Topsoe’s HydroFlex™ for Gothenburg biorefinery

March 12, 2020 |

In Sweden, Preem has chosen Haldor Topsoe’s HydroFlex renewable fuel technology to produce clean renewable diesel and jet fuel at their Gothenburg refinery in Sweden. The 16,000 barrels-per-day unit will have a yearly production capacity of approximately one million cubic meters of fuels which corresponds to about 25% of Sweden’s estimated consumption of renewable fuels […]

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Senator John Hoeven announced that Red Trail Energy

Senator John Hoeven announced that Red Trail Energy

March 12, 2020 |

In North Dakota, Senator John Hoeven announced that Red Trail Energy will begin the drilling of a stratigraphic well, designed with the intent to be permitted as a Class VI injection well and used to sequester carbon dioxide (CO2) from the company’s ethanol plant in Richardton, North Dakota. The drill pad for the well is […]

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Twist Bioscience releases two synthetic SARS-CoV-2 RNA Controls

Twist Bioscience releases two synthetic SARS-CoV-2 RNA Controls

March 12, 2020 |

In California, Twist Bioscience Corporation announced the availability of two synthetic SARS-CoV-2 RNA Controls. Positive controls provide quality control measures for the development, verification, and validation for diagnostic tests including both next-generation sequencing (NGS) and reverse transcription-polymerase chain reaction (RT-PCR) assays; determination of the limit of detection; and monitoring of day-to-day test variations. Twist is […]

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Biofuel industry provides 48,000 jobs and more than $2.4B in household income

Biofuel industry provides 48,000 jobs and more than $2.4B in household income

March 12, 2020 |

In Iowa, a new study finds despite challenges, Iowa biofuel production continues to have a significant impact on Iowa’s economy, supporting over 48,000 jobs and more than $2.4 billion in household income. The study, authored by John Urbanchuk of ABF Economics and commissioned by the Iowa Renewable Fuels Association (IRFA), also found that biofuels continue […]

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Brazilian February ethanol sales nears 2.4 billion liters

Brazilian February ethanol sales nears 2.4 billion liters

March 12, 2020 |

In Brazil, Renewables Now reports that February hydrous ethanol sales reached 1.54 billion liters while 737.60 million liters of anhydrous ethanol was sold. Of the nearly 2.4 billion liters sold in February, only 120 million liters were exported while the rest was for domestic consumption. Ethanol production drops significantly during the sugarcane interharvest period of […]

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