The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, slipped 0.36 percent to close at 69.39 as biodiesel tumbled. For the day, Archer Daniels Midland (ADM) rose 1.13 percent to $28.67, while KiOR (KIOR) plunged 8.12 percent to $10.19 . Among other equities, Green Plains Renewable Energy (GPRE) fell 4.94 percent to $9.82. […]
Holy Capex, Batman! The race to commercial-scale adipic acid is on. Does it matter? You bet your green nylons it does, Robin. Here’s why. Myself, the only five syllable word I have learned to use reliably is “Philadelphia”, but there’s this seven-syllable doozy going around you might as well know something about: renewablechemicals. It is […]
In Oregon, Agilyx has raised $25 million in series-C funding led by Keating Capital, and the startup has already raised funds from Waste Management, venture firm Kleiner Perkins, French oil giant Total, and investors at Chrysalix Energy, Saffron Hill Ventures and Reference Capital. The company uses a process called “anaerobic thermal reclamation” to turn plastic […]
In New Mexico, Abengoa says it will be temporarily shutting down its ethanol plant in Portales, as well as its plant in Colwhich, Kansas. The company says that with the market conditions being what they are right now, it felt the best plan was to temporarily shut down its two smallest plants—Portales and Colwhich—take advantage […]
In Illinois, ethanol futures trading on the Chicago Mercantile Exchange have fallen to a 12-month low to about $2.09 per gallon as buyers stay away from the market following a massive sell off since mid-November. Since then futures have fallen by more than a $1 when they reached $3.10 on Nov. 17. Ethanol producers are […]
In Mozambique, France’s Tereos International and Brazil’s Petrobras have signed an MOU with the country’s oil company Petromoc to study ethanol production and domestic sales. Petrobras has already partnered with Tereos in its 1.2 million metric ton per year sugar mill in Sena.
In Canada, Dutch-based Control Union says Europe’s burgeoning biodiesel market could be open to Canada’s canola producers. Though Canada’s GMO canola can’t be used for human use, it could be used for biodiesel production, which could open a new market opportunity for farmers.
In Thailand, floods in the country not only put a halt to ethanol production but also to ethanol consumption. The floods, that saw their peak in October, forced down ethanol production by nearly 22% year-on-year to just 958,000 liters per day from 1.092 million liters per day the year before.
In Nebraska, Laurel BioComposite, who recently opened a 250 pounds per hour pilot plant that produces the company’s bioplastic resins based on ethanol by-product distillers grain, says it has completed its first test batches and have sent them off to seven customers for testing. The pellets can be blending at up to 40% with other […]
Today on Twitter. cdcmorrisonmn: Geographic location of Little Falls-based ethanol plant is key for success. #Ethanol #Morrison #Econdev apeterka: Greenwire explores what end of controversial subsidy means for #ethanol industry MtnMD: Canola oil has many non-food uses including industrial lubricant, biofuels, candles, makeup, ink. GLBioenergy: Great article on #cellulosic #biofuels from waste, featuring researcher Bruce […]
