In Canada, Coridant Capital reports that the Montreal based fund manager has committed a $17 million mezzanine funding towards the construction of a new $214 million corn ethanol producing plant in Hungary. As we previously reported in the Digest construction is already underway and should be completed in early 2012, when it will have a […]
ARC_BrightGreen: Future of biofuels & why they are necessary – NASA-style w/ Jonathan Trent of NASA Ames SustainableNet: Who needs gas when we can use algae to fuel our cars? – Geek.com Elaine4Tea: Want to help make #algae biofuels a reality? Well you can 😉 algaebiofuels: Ukraine considering production of biofuel from fodder potato crop […]
In Washington, the Renewable Fuels Association reports: “Based upon current market conditions and federal renewable fuels policy, 10 percent ethanol blends (E10) are keeping gasoline prices $0.12 per gallon cheaper than they otherwise would be. As AAA reports, the current average price for gasoline is $3.88 per gallon nationwide. Without ethanol, gas prices would average […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, jumped 1.07 percent to 94.42 as Novozymes and Mission NewEnergy led a biofuels rally. For the day, Archer Daniels Midland (ADM) recovered 1.87 percent to $37.02, while Novozymes (NZMB) jumped 5.68 percent to $172.00. Among other equities, Mission NewEnergy (MNEL) rebounded 7.41 percent to […]
In this episode of “So you want to be a biofuels investing Rock Star?” we look at the final fifteen of the Biofuels Digest Index stocks. Who’s Got Game, Who’s Got Claim? Who’s in the rookie leagues, moving up in the minors, now in the majors, or an MVP candidate? Green Plains Renewable Energy […]
In California, Amyris announced the completion of the first industrial-scale production facility, in Piracicaba, São Paulo, Brazil at a facility owned by Biomin do Brasil Nutriҫão Animal Ltda., a company focusing on animal nutrition. The production facility is located expects to begin Biofene production in May. Amyris feeds sugar cane syrup into three dedicated 200,000 […]
In Colorado, Solix BioSystems reports their first sale and delivery of its Lumian AGS4000 high productivity, fully integrated algae cultivation system to New Mexico State University in Las Cruces. The Lumian AGS4000 is located at NMSU’s Fabian Garcia Science Center and will be used to optimize algae growth parameters as well as to produce biomass […]
In Pennsylvania, Bard Holding Inc. and Algae Bioenergy Solutions announced a joint venture to develop an algae production facility in Augusta, Georgia. The new venture called BARD-ABS (JV) Inc., successfully launched the project with phase-one funding and initial management team integration. Richard Wilson, was appointed CEO for the joint venture. Ground breaking for the new […]
In Denmark, Novozymes reported 16% sales growth in Q1 2011, with acquisitions contributing approximately 5 %-points. EBIT grew by 19%, taking the EBIT margin to 23.6%. Despite the negative development in currencies compared to previous guidance, stronger operational performance allowed the company to maintain its EBIT growth forecast of 8–11% and an EBIT margin of […]
In Mozambique, Italian company Bioenergy will reportedly invest $20 million in growing jatropha in the southern Mozambican district of Moama. The seeds are to be exported to Italy for processing into biodiesel. The project started in 2008, with 10 jatropha plants and has grown to 5,300 plants, covering 70 hectares. Reportedly, the investment will increase […]
