In Maryland, the Somerset County Board of Commissioners are expecting to waive finance charges and interest on Greenlight’s property tax bill. The facility suffered an explosion in 2008 but is now back on track producing 80,000 gallons of biodiesel this month. The company wants to expand production but says it can’t until its tax issues […]
In Laos, Vietnamese company Hoang Anh Gia Lai Group has started work on its $100 million sugarcane ethanol facility in Attapeu province. The facility is expected to crush 7,000 metric tons of sugarcane per day and will produce 30,000 tons of ethanol annually.
In India, two biodiesel plants in Bengal capable of producing 500 metric tons per day have been lying idle for more than a year. The Biodiesel Association of India says that biodiesel doesn’t need subsidies as it is 1 rupee per liter cheaper than diesel but the government continues to subsidize diesel by 16 rupees […]
In the UK, private fleet service Greentomatocars will now offer eight-passenger vehicles and executive cars fueled by a B30 blend after its customers requested a wider variety of vehicles but still environmentally friendly. Previously the company had run a fleet of entirely Toyota Prius hybrids but will be adding more biodiesel vehicles after the new […]
In the Netherlands, Rodenburg Biopolymers has acquired Optimum. Rodenburg is known for their Solanyl bioplastic, sourced from potato starch. Optimum’s product is a FlourPlast, for which they sell a modular building block system for customers to set up the formulation of their own end products. Financial details were not disclosed.
Today on Twitter. ENTERSHIKARI Can I get a RT to stop the biofuel land grab in poor countires?Please sign the @ActionAidUK petition girtsouBusiness: Ethanol production capacity over 14 billion gallons: (Reuters) – The U.S. biofuels industry has more than 14 bil… fibergeneration: Economic study questions cost-effectiveness of current biofuels and their ability to cut fossil […]
In Brazil, the Brazilian Government’s Science and Technology Ministry’s FINEP agency has granted FuturaGene $1.2 million for it advanced plantation forestry for bioenergy research that is aimed at boosting yield in woody species, principally eucalyptus, through genetic modification. The company’s parent Suzano Papel e Celulose will provide another $2.3 million for the project.
In Belgium, the Globalization Institute warns that the European Union’s Renewable Energy Directive’s discrimination towards feedstocks from outside the EU—such as sugarcane and palm oil—and the lack of transparency in criteria for different raw materials will lead to a WTO conflict between EU and countries such as Brazil, the United States, or Asian nations.
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, eased back 0.20 percent to 70.23 as ethanol stocks retreated. For the day, Archer Daniels Midland (ADM) gained 0.55 percent to $29.06, while Gevo (GEVO) jumped 4.92 percent to $6.19. Among other equities, Pacific Ethanol (PEIX) dropped 7.26 percent to $1.15. Overall, advances led […]
Should biofuels have its own reserve accounting system and accompanying balance sheet booster, just as the oil & gas industry has? Ceres CEO Richard Hamilton says “yes”, and explains why, and how. At the Advanced Biofuels Markets conference earlier this month in San Francisco. Richard Hamilton, CEO of Ceres, advanced the remarkable proposition that biofuels […]
