Piper Jaffray’s Mike Cox and Mike Ritzenthaler, and Raymond James’ Pavel Molchanov, publish notes on the progress of advanced biofuels following their meetings and presentations at the Advanced Biofuels Leadership Conference. Cox/Ritzenthaler: Does the Path to Advanced Biofuels run Through Lipstick? “Many nascent bio-based technologies need a near-term market to gain traction and volume sales […]
In California, Universal Bioenergy reported $41 million in revenues during 2010, a huge increase from no revenues at all during 2009. Its 2010 losses were $566,000, down from $1.9 million in losses during 2009. More on the story.
In Montana, camelina’s planted acres this year have fallen due to competition with wheat that is seeing record high prices. Last year only 9,400 acres were planted, which is less than half than the year before. Sustainable Oils says that until bio-SPK gets approved as a jet fuel, getting investment in camelina refineries—which will guarantee […]
In Indonesia, state-owned plantation company PTPN X plans to invest $25.5 million in conjunction with Japan’s New Energy and Industrial Technology Development Organization (NEDO) to build an ethanol plant in Mojokerto in East Java. Construction of the 30 million liter, molasses-based facility will begin construction in May and is set to come online by the […]
In Japan, Mitsubishi Heavy Industries, Ltd has developed technology for ethanol production from rice and barley straw below the target price of $1.10 per liter. Verification of the technology has been conducted as a joint project involving the government, academia, and the agricultural and industrial sectors in Hyogo Prefecture, supported by the Ministry of Agriculture, […]
In China, the assistant president of COFCO says that using grain for ethanol production won’t harm the country’s grain security—despite concerns by the government that it would, causing a freeze on new grain-based ethanol plants. He pointed out that less than 1% of the country’s grain goes towards ethanol production. More on the story.
lauralouiseGFX: USDA to Increase Investments in Cellulosic Biofuels SustainableNet: Fort Dodge ethanol plant gets boost from state with $2 million loan and tax jontalton: Ayer: Alaska Air in pilot programs to use navigation system to save fuel, and effort to develop jet fuel from biofuels Oliva2976: BioFuels, The Answer to High Fuel Prices IAmBiotech: Does […]
In the UK, researchers at Glyndwr University are experimenting with high-yielding, high-sugar perennial ryegrass as a feedstock for ethanol as well as using the grass’s fiber in pharmaceutical applications. The grass is well suited to many environments in the UK, including degraded or marginal lands, and can produce as much as 15 metric tons dry […]
In California, Jim Stewart, Chairman of the Board, BioEnergy Producers Association reports: “Democrats on California’s environmental committees, for more than six years, have blocked corrective legislation that would enable the state to make constructive use of its organic wastes as a feedstock for the sustainable production of advanced non-food derived biofuels and electricity. During this time, the state has […]
In Hawaii, HR BioPetroleum has changed its name to Cellana, Inc., promoted Martin Sabarsky to president and CEO, and elected Mike May to the board of directors. In 2007, HRBP and Royal Dutch Shell, the international energy company, formed Cellana as a separate joint venture to build and operate a six-acre demonstration facility to grow […]
