End of an Era? Politics as usual? About biofuels, or corn? What do the dizzying array of Senate and House votes mean? In Washington, the US Senate voted 73-27 to sunset the 45-cent per gallon VEETC ethanol tax credit as of July 1st on ethanol and the 54-cent tariff on Brazilian ethanol, approving an amendment […]
In New Jersey, Honeywell Green Jet Fuel is powering the first-ever transatlantic biofuel flight for the Paris Air Show. When it lands in Paris, the Honeywell-owned Gulfstream G450 will become the first aircraft to fly from North America to Europe with a 50/50 blend of camelina-derived biofuel and petroleum-based jet fuel. This flight follows the […]
In Nebraska, Ag Processing cooperative signed a LOI to acquire the assets of the former East Fork Biodiesel LLC plant near Algona, Iowa. The plant, which is currently idle, has a rated capacity of 60 million gallons of biodiesel production annually. AGP anticipates that the facility will be operational on or before September 1, creating […]
In Suriname, Staatsolie Maatschappij Suriname N.V. and Verenigde Cultuur will be responsible for construction and operation of a commercial-scale, PetroAlgae farm for the production of renewable fuel and protein. The Florida-based PetroAlgae has finalized a Master Framework and Initial License Agreement with the the Suriname Ministry of Natural Resources, Staatsolie and Verenigde. Planning and funding […]
In Tanzania, Mr. Leo Lyayuka, senior principal marketing director for the Tanzania Petroleum Development Corporation stated that Tanzania is ready to import ethanol from Brazil to lower fuel prices 10%. The comment was made during a media training seminar that was organized by the Ministry for Energy and Minerals. The TPDC is working to make […]
In Jamaica, Petrojam Ethanol is still unable to open its 40 MGy facility, citing continuing difficulties with a cheap, certain and easily available feedstock supply. Ricardo Neins, PEL manager stated that his company will import ethanol from the U.S. The company is anticipating imports of 15.12 million gallons, with sales of 15.28 million gallons.
In Colorado, Gevo has formed a joint venture with Redfield Energy to retrofit Redfield’s existing ethanol plant into an isobutanol plant, with an expected production capacity of approximately 38 MGy. The retrofit is expected to commence by year end 2011, and Gevo expects to begin commercial production of isobutanol at the facility in the fourth […]
In New York, the Bill & Melinda Gates Foundation awarded a $1.5 million award for a “Next-Generation Urban Sanitation Facility” in Accra, Ghana, that will develop the biotechnologies to turn the fecal sludge in sewage into methane and biodiesel. Kartick Chandran, associate professor of Earth and Environmental Engineering at Columbia Engineering heads up the project. […]
In Washington, Agriculture Secretary Tom Vilsack announced four additional Biomass Crop Assistance Program project areas to promote the cultivation of crops that can be processed into renewable energy. Acreage in Arkansas, Missouri, Ohio and Pennsylvania will be designated to grow giant miscanthus, a sterile hybrid warm-season grass that can be converted into energy to be […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, tumbled 0.85 percent to 86.40, as the US Congress voted to cancel the ethanol tax credit . For the day, Archer Daniels Midland (ADM) shed 0.20 percent to $29.52, while Pacific Ethanol (PEIXD) lost 12.41 percent to $1.27. Among other equities, Rentech (RTK) gained […]
