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Novozymes posts first-quarter earnings

Novozymes posts first-quarter earnings

April 29, 2018 |

In Denmark, Novozymes posted first-quarter earnings slightly above forecasts but sales through its BioAg alliance with U.S. seeds company Monsanto Co were hit by Indian tariffs, according to Reuters. Novozymes posted operating profit (EBIT) of 1.016 billion Danish crowns ($166.43 million), in line with the same quarter last year, but slightly above the 990 million […]

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UK supermarket chain bans palm oil from its products

UK supermarket chain bans palm oil from its products

April 29, 2018 |

In the United Kingdom, the supermarket chain Iceland decided to ban palm oil from its own products by the end of 2018 which has led to recent criticism from palm oil producers and the Malaysian Palm Oil Council who say it produces wealth for small farmers and requires less land for cultivation than other oils. […]

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Ethanol production settled below 1 million b/d for first time in 15 weeks

Ethanol production settled below 1 million b/d for first time in 15 weeks

April 29, 2018 |

In Washington, DC, ethanol production averaged 985,000 barrels per day (b/d)—or 41.37 million gallons daily—down 25,000 b/d from the prior week, according to EIA data analyzed by the Renewable Fuels Association. This is the first time in 15 weeks that production settled below 1 million b/d, dipping to the second-lowest output in 80 weeks. As […]

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Value of grain and rapeseed declines relative to oil price

Value of grain and rapeseed declines relative to oil price

April 29, 2018 |

In Germany, UFOP reports that trade agreements are exacerbating pressure on prices for grain and rapeseed and that the development of prices for food and feed uses lags behind that of prices for the “fuel value” of these feedstocks. Brent crude oil recently hit the level of 74 US dollar per barrel. This price is […]

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Vietnam raising environmental tax on petrol, affects biofuel

Vietnam raising environmental tax on petrol, affects biofuel

April 29, 2018 |

In Vietnam, the Ministry of Finance’s amendment to the Environment Protection Tax Law is drawing protests from biofuel producers as it impacts E5. Starting in July, every liter of petrol will be charged an additional VND1,000 in environmental tax. Tran The Truyen, CEO of Saigon Petro, told VietNamNet Bridge, that if the tax rates are […]

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Researchers produce caproate from food waste

Researchers produce caproate from food waste

April 29, 2018 |

In Ireland, University of Ireland researchers were able to produce caproate, a precurser molecule to form oil-based products, from food waste, using microbes as a way to convert the food waste to an energy source. The team collected food waste from a local restaurant and used the organic material in an anaerobic system. They removed […]

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Missouri Biodiesel Coalition launched to expand biodiesel usage

Missouri Biodiesel Coalition launched to expand biodiesel usage

April 29, 2018 |

Missouri may be known for the largest beer producing plant in the nation (the Anheuser-Busch brewery in St. Louis) or for Kansas City’s many fountains (more than any city except Rome), but it is making news today for another reason. In Missouri, soybean farmers and biodiesel processors, distributors, and retailers have come together to launch […]

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Making it to Market – Global Bioenergies and SkyNRG team up to make it happen

Making it to Market – Global Bioenergies and SkyNRG team up to make it happen

April 22, 2018 |

In France, Global Bioenergies and Amsterdam-based SkyNRG are collaborating on ASTM-certification of a bio-isobutene feedstock and conversion process for the production of sustainable aviation fuel. You may know Global Bioenergies for their breakthrough process converting renewable resources into isobutene, and SkyNRG as a global leader in sustainable aviation fuel, but this new collaboration is quite […]

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Construction begins on first of its kind biogas project

Construction begins on first of its kind biogas project

April 22, 2018 |

In Wisconsin, Dane County began construction for a project that will turn garbage and cow manure into renewable fuel for thousands of vehicles. This project is the first in the nation to be able to receive biogas from multiple off-site locations and connect that renewable gas with CNG gas stations locally and across the nation. […]

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below50 report shows progress towards low-carbon transport fuels

below50 report shows progress towards low-carbon transport fuels

April 22, 2018 |

In Switzerland, the World Business Council for Sustainable Development released its first below50 insights report, outlining key insights on the status of the low-carbon transport fuels sector. This report is a first attempt to offer viewpoints from across the transport fuels sector, designed to offer a better understanding of the current low-carbon transport fuels landscape. […]

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