In Brazil, Petrobras is currently re-thinking its five-year investment strategy to take into consideration the government’s requirement that it increase its ethanol production to fill 12% of national demand from the current 5%. That investment is likely to come in the form of greenfield ethanol plants despite the significant capital expense involved.
In Denmark, Inbicon says its recent study shows that corn stover and wheat straw supply is dense enough in North America to be economical as a feedstock for its biomass-to-ethanol technology. Inbicon’s latest study, analyzing U.S. corn biomass collection practices, was done by Larry Johnson. Johnson’s findings detail the complex logistics of specifying, purchasing, harvesting, […]
Today on Twitter. CMEGroup: Land for Biofuels or Crops? The Debate Rumbles on via @WSJTheSource iowafarmertoday: Legislation friendly to biodiesel: While most of the attention on biofuels lately has been on what is … azodi: Planes Using BioFuel is this the gov’t subsidied “let’s make fuel with food” BioFuel we’re talking about? If so, no […]
In Mexico, researchers at the Autonomous Meritorious University of Puebla have discovered that adding hydrated lime instead of calcium oxide more efficiently catalyzes the biodiesel transesterification process. After frying potatoes in soybean oil they bought at a local grocery store, they added lime from a local lime producer, then found that after two hours at […]
In France, G20 agriculture ministers are meeting for the first time this week to discuss food security issues and campaigners Oxfam are pushing for countries to drop their biofuel targets in order to reduce pressure on food resources. They want to see subsidies eliminated as well as the mandates. The French agriculture minister says that […]
In Texas, KiOR announced that former Secretary of State Condoleezza Rice has agreed to join KiOR’s board of directors, starting July 2011. She served as United States Secretary of State from January 2005 to 2009 after serving as the Chief National Security Advisor to the President beginning in 2001. Secretary Rice is currently professor of […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, was flat at 86.07 as advanced biofuels gains offset ethanol drops. For the day, Archer Daniels Midland (ADM) dropped 0.88 percent to $30.30, while BlueFire Renewables soared 52.33 percent to $0.23. Among other equities, Pacific Ethanol (PEIX) fell 5.13 percent to $1.48. Advances and […]
EPA releases 15.2B gallon biofuels mandate proposal for 2012. Does the subtle ruling create conditions for increased cellulosic biofuels investment? In Washington, the EPA proposes to mandate the blending of 15.2 billion gallons of renewable fuel into the US fuel supply, and increased the proposed mandate for advanced biofuels by 48 percent, to 2 […]
In Florida, Biofuels Digest reports that 76 percent of bioenergy executives are more optimistic both about their organization’s prospects for growth and industry growth, than 12 months ago, and that 72 percent are more optimistic about the industry’s prospects than at this time in 2010. The findings were among the highlights of the Q2 2011 […]
In France, Global Bioenergies completed its IPO on the French Alternext stock market (part of Euronext), with the first trading day being last Wednesday June 15th. The IPO was oversubscribed by a factor of 2.9 to 1, and the shares debuted at the upper level of their range, at $28.58. The after-market has been robust, […]
