In Washington, the USDA is expected to released a new forecast showing that corn stocks are tightening further, which traditionally signals higher corn prices. A survey of 17 traders conducted by Dow Jones Newswires showed stocks dropping to 736 million bushels, almost 1 billion bushels below normal stocks of 1.708 billion bushels. With rising prices, […]
In Missouri, Dr. James Carrington takes on a new role as President of the Donald Danforth Plant Science Center during exciting and topical times. The Danforth Center recently received a $70 million grant to accelerate the Center’s ascent as the world’s leading independent plant science research center. Chromatin announced the addition of Jeff Widder to […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, recovered 0.22 percent to 88.36 as oil gains offset ethanol losses. For the day, Archer Daniels Midland (ADM) fell 0.39 percent to $35.95, while Biofuels Energy (BIOF) plunged 12.77 percent to $0.82. Among other equities, Pacific Ethanol (PEIX) dropped 6.17 percent to $0.76. Overall, […]
Turns out that predictions of biodiesel’s demise were a tad premature. The fuel’s boosters are gathering this week at the National Biodiesel Conference & Expo, touting a stream of good news. Highlights: “The EPA has said that they are going to enforce the 800 million gallon volume RFS2 requirement” said National Biodiesel Board CEO Joe […]
In Florida, Biofuels Digest released an alpha version (that is to say, released for testing and comment) of its Biofuels Venture Valuation tool. Using the tool, biofuels venture developers can, by inputting a few keystrokes, calculate a value for the proposed venture, and return rate on invested capital, as well as compare the value of […]
In Maryland, New Generation Biofuels announced it has entered into a definitive agreement with a limited number of institutional investors for the placement of Senior Secured Convertible Promissory Notes totaling $1.0 million. The Notes are secured by the assets of New Generation Biofuels and are convertible into 10,000,000 shares of common stock of the Company […]
In Connecticut, Greenleaf Biofuels is planning on operating a biodiesel facility at the New Haven Terminal Property. According to Greenleaf’s website, the “…plant will be sited within the fuel tank storage farm area of New Haven harbor – the largest such fuel storage farm between New York and Boston. This area is also a key […]
In Canada, BIOX swung into the profit zone in the first quarter as sales more than doubled over the corresponding period for last year. Overall, operating income was $2,291,000 in Q1 2011 compared to a loss of $765,000 in Q1 2010. Sales were $27.0 million for the three-month period ended December 31, 2010 compared with […]
In Indonesia, the Indonesia Commodity & Derivative Exchange (ICDX) wants to more than double its palm oil futures trading volume to more than 5,000 lots per day in order to establish itself as the benchmark for price discovery, rather than Malaysian and Rotterdam prices currently used by traders. But in August, a regulatory official said […]
R_Walthers: DOE to make risky bet on renewable energy process for biofuels ecoenergyinfo: Biofuel News: Tequila Could Create Biofuels cemikoy: EA-206: Airlines, Airforce, DARPA Agreements Herald Arrival Of Aviation, Ground Operations Biofuels Biodiesel_Voice This year’s conference theme is “advance.” great to see all the people here who will advance biodiesel. #nbb11 Biodiesel_Voice NBB conference off […]
