In Massachusetts, Metabolix reports that Barbara H. Wells, Ph.D., has joined its board of directors. Also, Mascoma Corporation announced the appointment of David Arkowitz as its new Chief Financial Officer.
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, slumped 1.69 percent to 87.14, in line with a 1.69 percent decline on NASDAQ as worries over a Greek debt default grew. For the day, Archer Daniels Midland (ADM) shed 2.34 percent to $29.58, while Pacific Ethanol (PEIXD) lost 3.33 percent to $1.45. Among […]
In Washington, on a cloture vote in the Senate to proceed to an amendment that would end the current ethanol tax incentive immediately, Senator Coburn’s amendment lost 40-59, falling 20 votes short of the sixty votes needed to obtain cloture. Why did the industry oppose the Coburn amendment? Critics of biofuels have described its leaders as “living off […]
New technologies and diversified feedstocks are turning biomass power generation from ugly stepchild to star Back in the day, most projects that refined biomass were single feedstock, single product stream monsters. US plants, for example, generally produced ethanol and feed grains from corn, or biodiesel and glycerine from soybeans. When feedstock prices were low, and […]
In California, stricter policies requiring ever-lower GHG footprints on biofuels mean that the door is opening for Brazilian sugarcane ethanol imports despite the import tariff still remaining in place. The state already uses 1.3 billion gallons of ethanol annually, a figure which could be converted in large part to Brazilian product. It’s expected that California […]
In Illinois, corn prices are expected to stay high for another year as USDA estimates show that corn stocks will finish lower again for the second year in a row. It is also the first time that more corn will be used for ethanol production than as livestock feed. Despite the smaller production and end […]
In California, Pacific Ethanol has boosted its credit line with Wells Fargo to $30 million from $20 million via its subsidiary Kinergy Marketing, but there’s an option to go as high as $35 million if need be. The credit facility reflects the company’s rapid production growth during the last seven quarters and its ability to […]
In Germany, two racecars participating in the ADAC Nürburgring 24 Hours between June 23-26 will run on a blend of 93 percent renewable diesel from recycled food products from Neste Oil known as NExBTL and 7 percent biodiesel fuel from oil crops like canola. The blend is also supplied by Neste. The Volkswagen Scirocco 2.0 […]
In Mozambique, 31 biofuel projects have applied for government approval covering a total of 323,983 ha. The country recently approved an E10 and a B3 blending program as part of its first implementation phase, with higher blends planned through 2025. It is also undergoing a sustainability criteria planning process that includes mapping out potential areas […]
In the UAE, the Dubai police department is set to begin fueling its buses with B5 produced from used cooking oil. The UCO will be sourced from within the department’s own organizations. The department recently won an award for commuting 25% of its employees by bus.
