The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, slipped 0.22 percent to 73.23 as Solazyme and Gevo were slammed. For the day, Archer Daniels Midland (ADM) gained 0.79 percent to $28.03, while KiOR (KIOR) jumped 4.67 percent to $19.73. Among other equities, Solazyme (SZYM) plunged 8.22 percent to $11.94. Overall, declines led […]
Intrigued by cellulosic ethanol and a new product called MGT, in Mascoma’s IPO? No appetite for 200 pages of IPO-speak in Mascoma’s S-1 registration statement? Here’s our 10-minute version. In Massachusetts, Mascoma Corporation announced that it has filed an S-1 registration statement relating to a proposed $100 million initial public offering. The number of shares […]
In Texas, Valero says it will install corn oil extraction systems at its ethanol plants in Albert City, Charles City, Fort Dodge and Hartley, Iowa in an effort to improve margins from the previously Verasun facilities. The company says the system will recover a quarter-liter of oil per bushel of processed corn that will be […]
In Florida, Kinder Morgan and CSX have finalized a deal with the Tampa Port Authority to deliver ethanol to the Tampa area via the nation’s first ethanol unit train-to-pipeline distribution system. The port will build the rail facilities necessary for CSX to transport ethanol from Midwest producers to central Florida in 100-car unit trains to […]
In Maryland, the Navy’s EA-6B Prowler successfully flew on a biofuel blend of JP-5 aviation fuel and camelina oil on September 17. According to Key.Aero, the Prowler is the first aircraft in the electronic warfare category to fly on a biofuel blend. Biofuel flight tests are also scheduled for the AV-8B Harrier and the MQ-8 […]
In Italy, the country’s director general for energy at the environment ministry says the government is setting up initiatives for local companies to invest in biofuel companies in Latin America, especially in Brazil, to boost the country’s participation in the sector much in the same way that BP has invested heavily in Brazilian sugarcane ethanol […]
In India, Ruchi Soya is in talks with the Uttarakhand state government to revive the 20,000 hectare jatropha plantation and biodiesel plant at Roorkee area of Haridwar district after a corruption scandal brought Uttaranchal Biodiesel Ltd. to a halt in 2007. Ruchi Soya recently bought the defunct company as a first step in the project’s […]
In Delaware, Dupont reports that their Sorona fiber has received Oeko-Tex Standard 100 Class 1 Certification from Oeko-Tex and the Hohenstein Textile Testing Institute. Sorona renewably sourced polymer is certified for use in fiber applications for textiles (apparel, home, office, and automotive interiors) and for carpet (residential, commercial and automotive including mats). Oeko-Tex Class 1 […]
In the UK, researchers at the University of York have discovered that microwaving food waste allow both home-scale and commercial scale of biofuel and chemicals production. Plans are underway for a demonstration plant in York to be built later this year with a commercial-scale facility expected at about $1.57 million. Orange peel waste can produce […]
In the EU, Ends Europe is reporting that the key missing factor to Europe’s fledgling next generation biofuels industry is a lack of policy support that would promote the R&D, pilots and investment needed to get new technologies off the ground. Industry wants to see targets for advanced biofuels, not unlike what is included in […]
