In California, Codexis reported its closely-watched third quarter results. The company reported revenues of $33.3 million, an increase of 23% from $27.1 million in the third quarter of 2010. Product revenue of $12.2 million increased 29% over the prior year quarter driven primarily by an increase in product sales to both generic and innovator pharmaceutical […]
In Hawaii, Hawaiian Electric Co. (HECO) has chosen Renewable Energy Group to supply biodiesel for its 110MW Campbell Industrial Park Generating Station. The company currently supplies biodiesel under a contract that expires in July 2012 but with the new three-year contract it will supply 3 million to 7 million gallons. The contract will have to […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, dropped 3.04 percent to 75.43 as Greek debt concerns continued to weigh on the markets. For the day, Archer Daniels Midland (ADM) plunged 4.15 percent to $27.74, while Biofuel Energy (BIOF) fell 13.73 percent to $0.44. Among other equities, Bluefire Renewables (BFRE) soared 35.00 […]
In South Africa, the government’s recently-released new draft biofuels policy would limit biofuel production to greenfield projects but the sugarcane industry sees that as a direct hindrance to its ability to produce ethanol as greenfield areas for sugarcane are limited. It would also limit opportunities for electricity production from bagasse.
In the Philippines, San Carlos Bioenergy has brought its 38 million liter per year ethanol back online after more than a year offline due to high molasses prices. Sugar prices have fallen by more than a third in the country, meaning the byproduct’s value has fallen as well due to significantly more supply. As such, […]
In Canada, Maple Leaf Reforestation plans to open a biodiesel production facility in British Columbia using yellowhorn tree as a feedstock. The company says the tree, originally from China, has a 7-11 times greater oil yield per acre when compared to conventional oil seeds which it expects to translate to a 50% lower feedstock cost. […]
In Italy, Cereplast has completed the purchase of a manufacturing plant in Assisi, that will serve as the hub for the company’s European bioplastics production. This initiative enables Cereplast to further expand its capabilities to produce and deliver bioplastic products to the European marketplace. Italian bank Monte De Paschi di Sienna is providing funding that […]
Today on Twitter. aksharadamle: Why are we not moving towards large scale use of biofuels?? India is leading in sugar production. ClimateMadness: Biofuel obsession wrecks African communities: Biofuels – just the latest in the long line of green mirages, whic… Saturninaiah: Biofuels Refining and Performance: Learn about the ways to economically manufacture biofuels. Written by […]
In Costa Rica, representatives from Argentina, Brasil, and Costa Rica participated in a videoconference regarding the development of jatropha plantations in Latin America. The videoconference, which was organized by the Hemispheric Program in Agroenergy and Biofuel of the Interamerican Cooperation Institute for Agriculture, focused on the perennial nature of jatropha plants, as well as the […]
In California, the state Department of Food and Agriculture, who regulates grease transport, is contracting with police to crack down on restaurant grease thieves. A gallon of grease currently sells for about 50 cents, up from 6 cents five years ago, which combined with high diesel prices means that grease thefts have picked up significantly. […]
