In California, the state’s Department of Food and Agriculture and the California Energy Commission are jointly hosting a public forum in Sacramento on Sept. 22 in hopes of encouraging growth in the state’s biofuel industry. Information on the event, which will include discussions on policy, economics and feedstocks, can be found here.
In New York, Novozymes announced its investment in CleanStar Mozambique at the Clinton Global Initiative Annual Meeting. CleanStar Mozambique, a company founded by Novozymes and CleanStar Ventures, will work with smallholder farmers to implement sustainable farming practices, create a food and ethanol cooking fuel production facility, and lay the groundwork for economically and ecologically sustainable […]
In Brazil, UNICA expects the country to import 1 billion liters of ethanol during 2011 to make up for its production shortfall this year as producers focus more on sugar production rather than ethanol due to exceptionally high global sugar prices. So far, ethanol production is down 19% on the year at 13.77 billion liters, […]
In the Netherlands, Neste Oil has inaugurated Europe’s largest renewable diesel facility in Rotterdam with an annual production capacity of 800,000 metric tons that was built at a cost of $913 million. The facility uses the company’s NExBTL technology that allows it to use a wide variety of oils, greases and fats as feedstock. With […]
In Massachusetts, the Patriot Ledger reports that Dunkin’ Donuts is looking to find an environmentally friendly cup to replace their current foam coffee cups. To date, Dunkin’ has not found the cup they are looking for, that will both keep the coffee hot, and customers hands comfortable. After four years searching, the company is reportedly […]
In Nigeria, the University of Benin through its National Centre for Energy and Environment (NCEE) has developed new biodiesel production equipment that allows for more efficient transformation of jatropha oil into fuel, with 12 machines already produced under the prototype. The university is training local farmers to grow jatropha for use in the new equipment […]
In South Africa, the Department of Energy has issued a draft policy that would mandate E5 and B2 blending. The policy is open for public comment until Nov. 18. The Department of Energy is also working on two other complementary regulations: the pricing and the financial support mechanisms, which will also be submitted for public […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, tanked 3.72 percent to 70.66 on a broad equities retreat. For the day, Archer Daniels Midland (ADM) fell 3.03 percent to $27.18, while KiOR (KIOR) slumped 6.39 percent to $18.47. Among other equities, Solazyme (SZYM) plunged 6.62 percent to $11.15. Overall, declines led advances […]
11th company to file in 2010-11 industrial biotech IPO window In Illinois, Elevance Renewable Sciences filed its S-1 registration statement relating to a proposed $100 million initial public offering. The number of shares to be offered and the price range for the offering have not yet been determined. The company indicated that it has apply to list […]
Why can’t Americans get high-tech, low-cost fuels in an era of $4 gasoline? A new group called FuelChoiceNow has the reasons, and some answers. In Washington, a coalition called FuelChoiceNow has opened for business one worth taking a very, very close look at. The pitch: that advanced fuel companies are developing new, affordable and commercial-ready […]
