The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, slumped 1.22 percent to 88.85 as ethanol stocks took another nosedive. For the day, Archer Daniels Midland (ADM) fell 0.84 percent to $35.50, while Biofuels Energy (BIOF) fell 6.98 percent to $0.80. Among other equities, Biox (BX.T) shed 6.47 percent to $1.30. Overall, declines […]
Solazyme files its expected IPO, but in its S-1 are unexpected progress on costs, capacity, and a surge of offtake orders; but can the company make oil fast enough to meet the demand and capture all the opportunities? Late on Friday, renewable oils pioneer Solazyme filed for the IPO we all suspected was coming soon. […]
Chromatin announced its dual‐purpose SweetFuel sorghum hybrids, which combine High yields of both fermentable sugar and biomass per acre. Chromatin’s SweetFuel hybrids are ideal for capturing the value of sugars produced in sorghum juice as well as the additional value of the energy stored in biomass or bagasse. Jessen’s presentation at the session on Transformative […]
In California, Genomatica and Tate & Lyle signed a joint development agreement for the demonstration-scale production of Genomatica’s Bio-BDO (1,4-butanediol). BDO, an intermediate chemical with a $4 billion market worldwide, is used to make spandex, automotive plastics, running shoes, and insulation. Under the agreement, Tate & Lyle will dedicate a demonstration-scale production facility in Decatur, […]
In North Carolina, the state’s first ethanol plant has temporarily halted production until corn prices come down and will place some of its 40 employees on furlough for two to three months, when the Clean Burn Fuels plant in Hoke County hopes to come back online. Corn prices have doubled over the past few months […]
In the Philippines, the local ethanol producers association is calling on the government to allow ethanol imports from neighboring ASEAN countries to help fill the country’s 10% ethanol blend and help shield consumers from increasing pump prices due to higher oil prices. The government has suspended the E10 policy because it is based solely on […]
In India, the MD of Shree Renuka Sugar says that oil prices over $100 a barrel won’t be enough to encourage more ethanol production. He should know, since he now owns two Brazilian sugar mills. What will force the switch to ethanol, he says, is sugar coming down below 25 cents a pound. It’s currently […]
In New Zealand, the government’s continued dillydallying over whether or not it will extend its biodiesel subsidy for another three years kept Greenstone Energy, which owns Shell’s retail and distribution network in New Zealand from investing millions in Auckland’s Ecodiesel that would have produced biodiesel from beef tallow. Other investors are now prepared to invest […]
nwgreene ILUC is a “myth” re:biofuels, far more profit in food (if possible) BjornLomborg Biofuels are not only about the environment. Independence is just as important. Independence is security. benlubbon: Boeing: #Biofuels are ‘vital’ to Reducing Carbon emissions from Aviation by 50%. IATP Would like to know how the US delegation was put together for […]
In California, SGBiofuels announced it is applying more than 1.6 million genetic markers (SNPs) for Jatropha curcas toward the development of marker assisted selection (MAS) methods to produce elite, high-performing cultivars of the energy crop. The work, in partnership with Lfie Technologies, accelerates the identification and development of specific genetic traits in Jatropha including fruit […]
