In Indiana, the LaGrange County Planning Commission approved plans for a key $4 million storage component of an (overall) $165 million soybean-processing and biodiesel facility. The plans call for a 21,450 sq. ft. steel storage building. Founder of Ultra Soy of America, Gary Pipenger stated that the company must begin construction of the facility before […]
In France, Reuters is reporting that Jacques Biton, Deinove’s CEO spoke with them, stating that Denoive is involved in discussions with Tereos Internacional, the Brazil based unit of Tereos group and an as yet unnamed U.S. ethanol producer about using the deinococcus bacterium. Biton also disclosed that his company was negotiating with yet another Brazilian […]
helenwesterman: The unpalatable truth about biofuels, political unrest and world hunger. Nusential: ‘Biofuels’ have an ignoble side. Food as fuel, from corn, to cassava, to palm will set the stage for mass starvation amongst the have nots. fibergeneration: Foods That Can Be Biofuels DomesticFuel: Petroleum, not Biodiesel, Confirmed as Problem with Bioheat: As I reported […]
In Seattle, Boeing released research conducted by Yale University’s School of Environmental Studies showing significant potential for sustainable aviation fuel based on jatropha-curcas, an oil-producing, non-edible plant. The study shows that, if cultivated properly, jatropha can deliver strong environmental and socioeconomic benefits in Latin America and greenhouse gas reductions of up to 60 percent when […]
In Washington, National Clean Fleets Partnership announced that five of its charter members: AT&T, FedEx, PepsiCo, UPS and Verizon, who represent five of the nation’s 10 largest national fleets and collectively own and operate more than 275,000 vehicles, have committed to reducing their petroleum consumption. Their planned current and near-term petroleum reduction strategies will account […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, lost 0.57 percent to close at 94.41 as Gevo jumped again. For the day, Archer Daniels Midland (ADM) fell 0.25 percent to $36.47, while Gevo (GEVO) gained 3.65 percent to a new all-time high of $25.55. Among other equities, Cosan (CZZ) shed 4.98 percent […]
As seven projects aim for important milestones, investors face big decisions on whether advanced biofuels companies, even after the run-up in share prices, are still undervalued. Yesterday on the NASDAQ, Gevo hit another all-time high, jumping 7.36 percent to an all-time high of $24.65, and the stock is now 64 percent above its $15 debut […]
In North Carolina, the Clean Burn Fuels ethanol plant filed for Chapter 11 bankruptcy protection, listing $80 million each in assets and liabilities, and said that it hopes to re-organize and resume production later in 2011. The 60 million gallon plant, North Carolina’s first, opened last year and stopped production recently after running into financial […]
In Iowa, three ethanol plants owned by POET and Koch Resources have been asked to pay more for their water by the local utility but POET won’t unless Koch does too. If they don’t agree to up their water rates, then the consumers in the Xenia Rural Water District—which announced it was going broke in […]
In Uruguay, Alcoholes del Uruguay plans to invest $15 million in a 50,000 ton per year biodiesel facility and currently has open a tender to develop a 70 million liter ethanol plant from grains. The tender is open until April 11. More on the story.
