In Washington, a new report from the Military Advisory Board says the US must reduce its oil use by 30% over the next decade or risk national security due to shell shocks from rising energy prices. The report puts forth nine policy recommendations for the civilian population to help reduce this energy risk including the […]
In Texas, recently unsealed affidavits show that Absolute Fuels tried twice to produce biodiesel but in the end failed both times before it succeeded in selling RINs worth $40 million. Federal authorities began investigating the company in May but there were concerns about whether or not they were producing the 35 million gallons of biodiesel […]
In the UK, GTL Resources has been sold to Norway’s Siem Kapital and fund manager North Atlantic Value for $52 million in cash, or about a pound sterling a share, a 25% premium to its April trading price on the London-based Alternative Investment Market. The company has a 100 million gallon per year corn ethanol […]
In Japan, the country will have more opportunities to use biofuels, especially ethanol, as nuclear plants are idled. The country already has an E3 blend supplied predominantly by Petrobras but there is potential to expand not only the blend, but the kinds of uses for ethanol such as electricity generation.
In the United Kingdom, Compisax has developed a 100% compostable, bioplastic waterproof rain coat. The raincoat has a small clay ball that contains either cucumber or tomato seeds, that should sprout after planting the raincoat in your garden. The bioplastic is sourced from potato starch, and is appropriately dubbed, the SpudCoat.
In Maine, researchers at the University of Maine have developed a process that turn cellulosic materials and MSW into hydrocarbon fuel oil that can be used like a drop-in fuel, though it would need to be refined like any other fossil-based oil in order to meet emissions standards when used in vehicles. The process is […]
In Iowa, four out of five Republican candidates for US President say that it’s time to end ethanol subsidies because it’s not the government’s place to support one source of energy over another. Newt Gingrich was the only candidate at a manufacturing forum held Tuesday that supported ethanol subsidies, while two current frontrunners Mitt Romney […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 0.96 percent to 73.84 as markets recovered from Greek debt panic. For the day, Archer Daniels Midland (ADM) jumped 2.88 percent to $28.54, while Codexis (CDXS) soared 23.82 percent to $5.51 on strong Q3 revenues. Among other equities, Amyris (AMRS) fell 20.09 percent […]
In San Francisco next week, Advanced Biofuels Markets opens with delegates from 16 countries. What are the 10 hottest topics right now – What’s the Buzz? Looking at the official activities, ABM will feature the live announcement of the 50 Hottest Companies in Bioenergy for 2011-12, the winners of the Day in the Life of […]
In California, Amyris announced that it has received final approval from the Brazilian Development Bank (BNDES) for a R$ 22 million project financing facility for Amyris Brasil Ltda.’s first industrial-scale production facility located in Piracicaba, São Paulo. “We are very appreciative of the confidence shown by BNDES in approving funding for the first of our […]
