The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, backslid 2.25 percent to 73.96 as markets retreated on Italian debt concerns. For the day, Archer Daniels Midland (ADM) fell 2.95 percent to $28.97, while Syntroleum (SYNM) dropped 14.29 percent to $1.02 on weak Q3 results. Among other equities, Valero (VLO) fell 3.25 percent […]
Solazyme edges Amyris, Gevo in Hot 50 for 2011-12, as hot IPOs dominate, gasification advances. In Florida, Biofuels Digest announced that Renewable oils developer Solazyme took the #1 spot in the 2011-12 “50 Hottest Companies in Bioenergy” rankings. Amyris (#2), Gevo (#3), POET (#4), LS9 (#5), Novozymes (#6), Enerkem (#7), LanzaTech (#8), Honeywell’s UOP (#9), […]
In Washington, the US Supreme Court has ruled that it will not hear a case brought forward by the National Petrochemical and Refiners Association, along with the American Petroleum Institute seeking to strike down the Renewable Fuel Standard. According to USAgNet, the request centered on whether a federal agency that misses a statutory deadline for […]
In Wisconsin, Beaver Dam-based United Ethanol must pay a $700,000 fine to settle a complaint by the Wisconsin Justice Department that over several years the company’s ethanol plant in Milton committed 15 different air pollution violations. The justice department alleges that the air emissions limits were exceeded several times and that the company failed to […]
In California, Viridis Fuels has won a long-term contract to build a used cooking oil-based biodiesel facility near the Oakland Bay Bridge toll plaza. The $80 million, 20 million gallon per year facility will be capable of processing multiple feedstocks and will include solar and CHP technology to power production. The East Bay Municipal Utility […]
In Malaysia, the government expects domestic biodiesel use to reach 500,000 metric tons per month by the end of 2012 thanks to implementation of its B5 blending policy. Reaching that blend will require 7.6 million liters of palm oil biodiesel monthly and will reduce diesel use by almost 91.2 million liters annually. More on the […]
In Germany, Oil World expects European biodiesel imports to jump 21% this year to a record 2.42 million metric tons. Of that total, 1.4 million tons is expected from Argentina, up from 1.1 million tons last year, while 830,000 tons will come from Indonesia and Singapore, up from 516,000 tons. Italy and Spain have been […]
In Brazil, Senator Katia Abreu says the country doesn’t produce enough sugarcane to supply ethanol for exports. Unless mills make the appropriate investments, there won’t even be enough ethanol to supply the domestic market, she said. “Our production won’t allow for a significant increase in exports,” said Abreu, a member of the Social Democratic Party […]
In Canada, Flexible Solutions announced that their aspartic acid from sugar plant has reached commercial operating status at their Taber Alberta facility. Flexible stated that the next step is to increase production at the new plant. Production ramp up is expected to take several months given this process is a bio-chemical process as well as […]
In Switzerland, a researcher at the Swiss Federal Institute of Technology in Zurich has developed a “feedback loop” between a computer and a common yeast that could help the production of biofuel from microbes by controlling biological processes such as switching on and off of specific genes. More on the story.
