In California, OriginOil, Inc. (OOILD.OB) said that it recently received an increased order for a large-scale algae extraction system from MBD Energy, Ltd.; total value of the purchase order is $850,000, of which $297,500, or 35%, was paid on August 5, 2011. In January of this year, OriginOil received an order from MBD totaling $150,000 […]
In Colorado, BioFuel Energy announced its Q2 results, reporting soaring revenues. Net Sales were $168.5 million for the three months ended June 30, 2011 compared to $96.4 million for the three months ended June 30, 2010, an increase of $72.1 million or 74.8%. “This increase was primarily attributable to an increase in ethanol revenues of […]
In Texas, KiOR received an Outperform rating from Raymond James analyst Pavel Molchanov, who wrote that “the Columbus plant remains on track for a 2H12 start-up, with engineering 80% complete and construction 25% complete. Project enhancements will result in higher costs, but management targets total costs to be within 8-10% of the $192 million originally […]
In Poland, Archer Daniels Midland announced the signing of an agreement to purchase a majority share of Elstar Oils S.A. Elstar, located in northern Poland, operates a rapeseed crushing, refining, solid-fat packaging and oil bottling facility in Czernin and a fully-automated biodiesel facility in Malbork. The Company’s subsidiary Biopaliwa SA, located in Malbork, produces biodiesel […]
In Brazil, The Brazilian Sugarcane Industry Association revised the crushing estimates for the 2011/2012 harvest released on July 2011. The new forecast estimates a crushing of 510.24 million tons, a total reduction of 8.39% over the final value of the 2010/2011 harvest (556.95 million tons). According to data compiled by the CTC, agricultural productivity in […]
In India, Marketwatch is reporting on Mission New Energy’s contracts with more than 100,000 Indian farmers to grow jatropha. Biofuels Digest Asia editor Joelle Brink commented, “Yep, it’s still India where jatropha 1.0 bloomed and died, and where Bharat Petroleum got busted for trying to do the biggest landgrabs since Genghis Khan, at government expense, […]
In Washington, the USDA released the latest World Agriculture Supply and Demand Estimates Report. The report outlined signnificant drops in projected corn production, owning to heat and rain conditions in the Corn Belt. “U.S. feed grain supplies for 2011/12 are projected lower this month,” the report comments, “with sharp drops in forecast corn and sorghum […]
In Israel, Hebrew University graduate student Shaul Lapidot has developed a method to produce industrial foams from nano-crystalline cellulose derived from papermill waste. The NCC is than processed into composite foams for industrial applications such as replacements for synthetic foams.
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 1.16 percent to 74.05, as global equities recovered from three days in the valuation slaughterhouse. For the day, Archer Daniels Midland (ADM) fell 0.91 percent to $27.28, while Biox (BX.T) soared 16.75 percent to $0.99. Among other equities, OriginOil (OOILD) moved strongly, up […]
This is a first round, International Regional match-up between #2 seed LS9 and #15 seed Lignol in the 2011 Transformative Technologies tourney, from Biofuels Digest. Voting: Open to all Biofuels Digest subscribers. Voting links are in the Biofuels Digest daily newsletter. To subscribe (free), visit here. The winner gets: Most votes advances to the second-round […]
