In South Dakota, Jeff Lautt was named President of POET, the ethanol company announced today. Lautt has been with POET since 2005 and most recently was Executive Vice President of Corporate Operations. Company founder Jeff Broin will remain CEO and Chairman of the Board. More on the story.
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, recovered 0.24 percent to 88.65 as ethanol advanced. For the day, Archer Daniels Midland (ADM) gained 0.41 percent to $36.77, while Biofuels Energy (BIOF) jumped 5.81 percent to $0.91. Among other equities, Pacific Ethanol (PEIX) soared 7.58 percent to $0.71. Overall, advances led declines […]
Are the reports of an algal biofuels revolution in the Back of Beyond true? The Digest takes a look (or, a Captain Cook) at Algae.Tec, Aurora Algae and more. What do you do with a country that is basically a desert, cut off from the global biomass trade by a tyranny of distance, with a […]
In Florida, Algenol announced that it has acquired the Germany-based Cyano Biofuels, a company with has extensive experience in producing hybrid algae to make ethanol and green chemicals. The acquisition significantly increases Algenol’s research and development capacity and strengthens its valuable access to European expertise in biotechnology and algal research. Algenol previously held an indirect, […]
In Massachusetts, Novogy Inc. —founded by former Mascoma Corp. executives Colin South and Ginja Collins, who have so far been quiet about the technology they are developing—has raised $750,000 more from venture backers General Catalyst Partners. According to a regulatory filing, comments suggested the company is working on cellulosic biofuels, made from waste paper sludge, […]
In Illinois, Japan’s Itochu has purchased more than 4% of Chicago-based Benefuel and is looking to develop operations using a technology for manufacturing biodiesel fuel efficiently and at low cost, using a new Benefuel catalyst, in Asia by 2012. Itoochu started demonstration experiments in a pilot plant for using the bifunctional solid catalyst jointly with […]
In Malaysia, palm oil futures have risen 1.2% Monday on US reports expecting higher demand for biofuel given petroleum supply worries as a result of unrest in Libya and other parts of Northern Africa and the Middle East. As the USDA expects more soybean oil to be used in biodiesel, demand for palm oil as […]
In Germany, drivers are confused whether their cars can run on new E10 blends or not so instead are switching to more expensive premium gasoline at the pump. The German Association of Service Stations has called on the German petroleum industry association and gas stations to provide clear information about which models can run on […]
In Ecuador, Intelifuel has invested $750,000 to produce biodiesel from used cooking oil collected from nearby homes, eateries, hospitals and military units around the capital city of Quito. The city’s atmospheric pressure will separate the oil from the water, instead of using chemical substances. The project is meant to come online in March. More on […]
RenewablesNews: Sun + carbon dioxide + water = biodiesel SustainableNet: Demand topped off for ethanol – Pioneer Press GrowthEnergy” CR 2011 ad in The Hill – “Say No to OPEC – Say Yes to America” BIOblogger: Schwarzenegger stresses drivers other than GHG at ARPA-E Summit unwantedname: NREL Looks To Expand Biofuels Partnerships
