The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, lost 0.91 percent to 72.74 as global equities slumped. For the day, Archer Daniels Midland (ADM) dumped 2.73 percent to $28.15, while Pacific Ethanol (PEIX) shed 8.82 percent to $0.31. Among other equities, Solazyme (SZYM) dropped 3.75 percent to $9.23. Overall, declines led advances […]
Round up the unusual suspects. A new generation of companies like Pond Biofuels, SFN Biosystems and Eco2Capture are redefining the use of zero-cost emissions as algal feedstocks. For most occasional observers of the algal scene, the focus generally follows on major players such as Sapphire Energy, Algenol, Solix Technologies, Phycal, and Aurora Algae. They have […]
In Washington, the Environmental Protection Agency is reporting that RIN numbers corresponding to biodiesel production hit record levels for the fifth month in a row in August at 166.33mn RINs, up 16% over July, while actual production was 110.04 million gallons, up 14% over July. Total 2011 biodiesel production through August is at 597 million […]
The Renewable Fuels Association, the nation’s largest ethanol trade association, is joining with leaders in other alternative fuel industries to press Congress to enact an Open Fuel Standard (OFS). On Capitol Hill, the effort is being championed by Representatives John Shimkus (R-IL) and Elliot Engel (D-NY) who have introduced H.R. 1687. The collective effort is […]
In Pennsylvania, Berks County has received another $100,000 grant from the state Dept. of Environmental Protection’s Alternative Fuels Incentive Grant program to continue offsetting difference in diesel and biodiesel fuel costs. It follows a previous $183,000 grant. Daily use in 250 buses between February and June was estimated to reduce carbon emissions by more than […]
In New Zealand, the government is exploring a partial sale of state-owned Solid Energy, including spinning off its biodiesel business, in order to fund capital intensive energy development including lignite-to-diesel and urea. Both products are imported currently, but producing them locally would save on the carbon emissions associated with their transport, the government says, while […]
In South Africa, an MOU has been signed between One World Clean Energy and Pulexilite to build an $115 million integrated biorefinery that will produce electricity from ethanol and biodiesel. The 10MW facility, which will produce 10 million gallons each of ethanol and biodiesel, will be constructed in the US and then shipped to South […]
In California, Solazyme, announced that they will begin producing its lead microalgae derived food ingredient, Whole Algalin Flour, at Roquette’s commercial production plant in Lestrem, France. It is anticipated that the 300 metric ton Phase I facility will be completed on-schedule by year end 2011 and operational in early 2012. This facility will be expanded […]
The Joint Bioenergy Institute (JBEI) is seeking industry partners interested in licensing its technologies. Alternative Diesel Fuel from Biosynthetic Bisabolene JBEI researchers have produced a chemical precursor that readily converts to bisabolane, a plant-derived hydrocarbon chemically related to turpentine that can deliver comparable performance to standard D2 diesel fuel. Biosynthetic bisabolane could become a renewable […]
In the UK, BP says Brussels’ inability to get clarity on its biofuels policy has led to a stifled investment climate in the European industry. That’s despite biofuels becoming more competitive with fossil fuel equivalents. “We are very concerned there are no new biofuel production facilities elsewhere in this country…because of the uncertainties of member […]
