In California, Rentech (RTK) announced substantially improved results for the second quarter of fiscal year 2011 over the second quarter of fiscal year 2010 and reiterated guidance for the 2011 fiscal year. For the second quarter of fiscal year 2011, Rentech reported revenue of $23.6 million, up from $19.2 million for the comparable quarter in […]
In Ohio, Independence Bio-Products of Dublin reports that testing of its algal oil-based jet fuel by the Air Force Research Laboratory at Wright Patterson Air Force Base has confirmed that the composition of the fuel derived from the Ohio-grown algae is similar to fuel derived from other plant oils such as soybeans, Jatropha or camelina—which […]
In Louisiana, a project from the Louisiana-AgCenter and Aquatic Energy has been recommended for state research funds by the Industrial Ties Research Subprogram (ITRS) component of the Board of Regents Support Fund. These funds have been endorsed for their proposal to develop breakthrough technology for harvesting microalgae from liquid cultures with the goal of drastically […]
In Delaware, Ashland Hercules Water Technologies is launching its new corn oil extraction aid that it says can triple corn oil production at ethanol manufacturing facilities. PTV M-5309 corn oil extraction aid, is easily introduced into the process, requires no additional capital expenditure and reduces solids in the oil, resulting in a cleaner, higher-quality oil. […]
In Brazil, ADM and Cargill are planning to invest $560 million in soybean biodiesel facilities—which with Bunge’s recent investment announcement will bring the total new production up to an additional 2.2 billion liters in the national market in the next few years. Already the country produces more biodiesel than it needs and some analysts are […]
PaulWinters: Aviation biofuels discussion at #WCIBB: Navy wants biofuel produced at ports worldwide, not a long supply line from a single large producer. algaeindustry: Jet fuel made from #algae tested by U.S. Air Force lab Invest_Toronto: In the June Edition (p. 68) of @Toronto_Life read how one of clients, Energy Innovation Co. is making better […]
In California, researchers at the DOE’s Joint Genome Institute have mapped a small plant that resembles Christmas trees and known as spikemoss in an effort to understand how this ancient plant developed its lignin—differently than other plants currently used for biofuel production—that may lead to understanding how to manipulate plants so their lignin can be […]
In Namibia, the country’s Environment and Tourism Minister is recommending that large-scale jatropha production projects be limited to 500 hectares to reduce chances of competition with food production. The country has limited amounts of available arable land and planting jatropha would compete with national plans for ‘green schemes’ that would boost food supplies.
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, recovered 0.50 percent to 90.80 despite some large cap tumbles. For the day, Archer Daniels Midland (ADM) fell 2.05 percent to $33.41, Valero (VLO) gained 2.89 percent to $28.48. Among other equities, Gevo (GEVO) recovered 1.89 percent to $19.41. Overall, advances led declines 3 […]
TMO joins list of 9 Hot Projects announced in the past 6 months, as China passes US in project development momentum TMO Renewables announced that it will become the technology partner of two major organizations in China, COFCO and CNOOC New Energy Investment. Under the two separate agreements, TMO will embark on testing programs jointly […]
