In Brussels, European bioethanol producers are urging EU policymakers to introduce rules on the indirect impacts of biofuels that distinguish between “good and bad biofuel pathways”. In a letter to the EU’s energy and climate Commissioners, bioethanol industry association, ePURE, said it backs the introduction of EU rules that address Indirect Land Use Change (ILUC) […]
In South Carolina, ArborGen announced that Edward T. Shonsey has been named chairman of the board of directors. Shonsey, who is cofounder and CEO of L1 Agrosciences Inc.
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, recovered 1.93 percent to 66.07 as large caps rebounded. For the day, Archer Daniels Midland (ADM) gained 2.28 percent to $25.17, while The Andersons (ANDE) rose 2.43 percent to 32.92. Among other equities, BP jumped 3.61 percent to $36.70. Overall, advances led declines 4 […]
The new generation of biofuels feedstocks, processing technologies and engines are challenging every assumption made about the cost-benefits, acreage requirements, and energy and water inputs required.Is technology making every previous analysis of gasoline-vs-alternatives obsolete? In Canada, Agrisoma CEO Steve Fabijanski outlined his company’s plan to challenge canola for dominance in Canadian oilseed production with the […]
In Hawaii, Hawaiian Electric Co. expressed its disappointment in the state Public Utilities Commission’s decision to deny its biofuel supply contract with Aina Koa Pono. The PUC stated that the contract price for the project is “excessive, not cost-effective and, thus, is unreasonable and inconsistent with the public interest.” Aina Koa Pono’s $400 million project […]
In Florida, Atlas Capital Holdings Inc. announced that its wholly-owned subsidiary AlgaeTek System’s pilot program to produce algae will include biofuel applications. The Company expects the pilot program to generate over $500,000 in revenue in the first six months of production. The USDA, Department of Energy and the U.S. Navy announced its commitment to directly […]
In South Carolina, ArborGen has announced that it will join a University of Florida-led research team to advance Pine-based transportation biofuels. Funded by a 3-year $6.3 million grant recently awarded by the U.S. Department of Energy’s Advanced Research Project Agency-Energy, the research team’s goal is to bring about a 5-fold increase in the amount of […]
In Japan, Toyota Motor Corp. announced plans to commercialize a plant-based biofuel produced from a new strain of yeast developed in-house by 2020. The Company stated that it will develop low-cost techniques to produce the biofuel over the next four to five years. Toyota may explore joint ventures with energy companies to help raise the […]
In the Philippines, the government is looking to switch from the production of jatropha to other sources of alternative fuel. Energy Secretary Jose Rena Almendras stated the Philippine National Oil Co. Alternative Fuels Corp. (PNOC-AFC), the biofuels arm of state-owned PNOC, will pursue the development of biofuels produced from non-food crops. The government is planning […]
In Brazil, Novozymes, the world’s largest producer of industrial enzymes, plans to build a facility in Brazil to produce ethanol from sugarcane waste known as bagasse, according to Bloomberg. Novozymes reponds: “The Bloomberg story had incorrect information, and we felt it was important to let everyone know the correct information from Novozymes. Reports in the […]
