In Belgium, ePURE, the voice of European ethanol producers, has welcomed the decision by G20 Agriculture ministers to maintain support for biofuels policies at the G20 meeting in Paris. In May a policy report prepared for the G20 meeting by the UN FAO and OECD had recommended that G20 countries remove support for biofuels subsidies […]
In the Netherlands, the AlgaePARC facility at Wageningen UR opened, launching the BioSolar Cells research project. The facility will be exploring the semi-industrial scale use of micro-algae as a source for energy and raw materials, using four 24 square meter tanks and three small 2.4 square meter tanks to find ways to raise output and […]
In the Philippines, President Aquino said that he will direct the DOE to investigate using water hyacinth as a potential biofuel feedstock. This was in response to flooding in Cotabato City, caused by hyacinths clogging of the Mindanao river system.
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, dropped 0.76 percent to 85.42 as advanced biofuels gains did not offset ethanol drops. For the day, Archer Daniels Midland (ADM) dropped 2.61 percent to $29.51, while AlgaeTec (AEB.AX) jumped 8.82 percent to $0.37. Among other equities, Syntroleum (SYNM) was up 4.89 percent to […]
Four airlines, producers team with European Commission in Biofuels Flightpath group; USDA Secretary Vilsack visits Paris Air Show to demonstrate support for aviation biofuels, in break from G20 meetings in Paris. At the Paris Air Show, major European stakeholders set a goal of 600 million gallons (2 million metric tons) of annual sustainable biojet production […]
In California, Genencor announced a two-fold decrease in enzyme load for cellulosic conversion to fermentable sugars, with its new enzyme cocktail, Accellerase TRIO. The company said that its new TRIO package demonstrates that Genencor is continuing to deliver on innovation with its “easiest to use” package that combines all the required activities for cellulosic conversion. […]
Why are Gevo shares down 23 percent this month when the company is executing its plan in accordance with shareholder guidance? “The sharpest portion of the selloff came [June 21],” writes Raymond James analyst Pavel Molchanov, “with the stock down 9% amid a strong broader market and calm oil prices. We see absolutely no fundamental […]
In Pennsylvania, Bionol Clearfield is shutting down temporarily due to high corn prices but that’s expected to turn around in mid-September when it hopes to come back online. Cleaning and maintenance will continue during the shutdown period. The facility first opened in 2010. In Indiana, the state’s oldest ethanol plant in South Bend will lay […]
In Florida, INEOS has signed a feedstock supply agreement with the Indian River County Board of Commission which includes plans to import 90,000 tons per year of yard clippings, tree trimmings and other vegetative waste from other counties in order to supply its $150 million plant in addition to the 55,000 tons per year of […]
In Italy, Polimeri Europa and Novamont announced a new 50-50 joint venture, Matrìca, which will design, build and manage a bio-based chemical complex in Porto Torres, at a cost of $700 million. The complex will consist of seven new plants using oil feedstock for the production of bio-plastics, bio-lubricants and bio-additives for elastomers, and a […]
