The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 0.30 percent to 89.95 as the Index ended the week with a slight overall gain. For the day, Archer Daniels Midland (ADM) slipped 0.46 percent to $32.12, while Syngenta (SYT) plummeted 4.13 percent to $64.84. Among other equities, Amyris (AMRS) advanced 3.41 percent […]
A two-part series looking at China opportunities from the project and investor point of view, as Cathay Industrial Biotech files for a $200 million NASDAQ IPO Unless you have been hiding under a rock, you will not have failed to notice that China’s economy is, to put it mildly, on a tear the likes of […]
The Advanced Biofuels Association (ABFA) today sent a letter to U.S. Senator Jeff Bingaman (D-NM), Chairman Energy and Natural Resources Committee, and U.S. Senator Lisa Murkowski (R-AK), Ranking Member, opposing any efforts to repeal Section 526 of the Energy Independence and Security Act of 2007, which prohibits Federal Agencies from contracting for fuels that pollute more […]
In Texas, Aventine Renewables has a new $50 million asset based revolving credit facility with Wells Fargo Credit. The facility matures in four years and bears interest at a variable rate of LIBOR plus 3.0% to 3.5%. Tom Manuel, Aventine’s CEO states, “The funding of our working capital needs in this volatile market environment is […]
In Missouri, newly published research from the University of Idaho and U.S. Department of Agriculture shows that for every unit of fossil energy needed to produce biodiesel, the return is 5.54 units of renewable energy. This energy-in, energy-out ratio is called “energy balance” or “fossil energy ratio.” “No other fuel available in the U.S. comes […]
In Spain, researchers have developed an enzyme based biological technology for three Netherlands companies to manufacture carpets that are much lighter, sustainable, biodegradable, and 100% recyclable. At the end of their useful life, the carpets can be used as fertilizer or substrate for growing plants. Tzanko Tzanov and his team focused on finding a way […]
In India, Eco Green Fuels and World Health Energy has signed a LOI for a comprehensive joint venture to provide 1 million liters of algal oil to EFG by the last quarter of 2012. World Health Energy Holdings, Inc. recently acquired GNE-India, an algae technology company with the distribution and licensing rights to a unique […]
In Mexico, commercial airline service using aviation biofuels commenced yesterday with Interjet’s flight 2605, on an Airbus A320-214, which serves the Mexico City to Tuxtla Gutierrez market. at approximately 3:45 EST. The fuel for the flight was produced using process technology developed by Honeywell UOP. The process converts natural fats and oils into Green Jet […]
In Denmark, Inbicon was the ethanol supplier for the winning car in the Urban Concepts class of the 2011 Shell Eco-marathon in Europe, setting a new record at 1,197 miles per gallon (509 km/l), adjusted for energy equivalence with gasoline. The New Ethanol, as Inbicon calls its made-from-straw biofuel, has been produced by the Kalundborg […]
Today on Twitter. ecologikal: Regulatory Hurdles Hinder Biofuels Market, Experts Say: Researchers argue that regulatory innovations are needed… BerkeleyLab: From biofuels to da Vinci’s texts, Berkeley Lab database deciphers secrets of microscopic life TwistedPolitix: Will Legalizing Hemp End War for Energy? cleantechdeals: How Land Grabs for Biofuels Undermine Food Security: AskQuestionsPls: Why do we support […]
