2019 was a good year for Corbion, with an organic net sales increase of 2.8% and food markets growing, but surprisingly biochemicals declined. Find out why, what the main drivers are behind their growth, what their future expectations are, the latest data on their business segments, innovation platforms, updates on the Total Corbion PLA JV, […]
In California, PBF Energy Inc. announced that its subsidiary completed the acquisition of Martinez refinery, and related logistics assets, from Equilon Enterprises LLC d/b/a Shell Oil Products US. With the acquisition, PBF’s increased its total throughput capacity to more than one million barrels per day and becomes the most complex independent refiner with a consolidated […]
In Oregon, local press reports that Global Partners is considering switching the revamp of the Columbia Pacific Bio-Refinery in Clatskanie to transporting renewable diesel instead of ethanol as previously planned. The company told Port of Columbia County commissioners last week that the change would result in shorter trains than if it were transporting ethanol, but […]
In Mexico, in an effort to fight off the invasion of toxic red seaweed Sargassum from the mangroves that are home to lobster and other fish populations in the protected Banco Chinchorro, UNDP Mexico and the National Commission of Natural Protected Areas (CONANP, in Spanish) are setting up a pilot biodigester retrofitted to use Sargassum […]
In Missouri, Rock House Advisors and PB Renewables run by biofuel industry veterans announced they have secured financing in order to offer biodiesel tax credit bridge loans, underwritten by an $5.5 billion financial institution, that will allow producers to access required financing while waiting for 2018 and 2019 biodiesel tax credit refunds from the IRS. […]
In Brazil, the Inter Press Service reports that the Itaipu hydroelectric plant shared by both Brazil and Paraguay is promoting biogas production as a way to protect the quality of the water that passes through the dam and in turn will ensure it achieves its 184 years of expected lifespan. The region is a major […]
In India, Devdiscourse reports that Futnam India is working with Haryana Agriculture University to do the initial studies that will eventually lead to a project proposal for an agriculture waste-based ethanol plant in Haryana or Punjab that could be online as soon as 2025. Severe air pollution plagued New Delhi and other parts of the […]
In Oklahoma, a recent $3.1 million grant awarded to Oklahoma State University to study greenhouse gas emissions is expected to help sorghum farmers save money and improve the industry’s sustainable field management practices. The three-state research project approved under the SMARTFARM program of the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) is headed […]
In China, Platts reports that as part of its efforts to ease trade tensions with the US, it is pulling back tariffs on close to 700 products, including denatured ethanol, which is meant to significantly help the US ethanol industry who has been suffering due to high tariffs that made exports to that key market […]
By Bruce Comer, Founder and Managing Director, Ocean Park Special to The Digest Slowdown in North American biofuels Mergers and Acquisitions as thin margins and policy uncertainty hung over industry. Biofuels Merger and Acquisition (M&A) activity in North America was subdued in 2019. Only four operating biodiesel, ethanol and advanced biofuels plants were sold during […]
