In California, Fulcrum BioEnergy announced two deals to acquire waste biomass for its Sierra BioFuels Plant, a $120 million project located approximately 20 miles east of Reno, Nevada in the Tahoe-Reno Industrial Center in Storey County. Fulcrum recently received a DOE Loan Guarantee term sheet for the Sierra project and has begun the negotiation process […]
In Kansas, Flint Hill Resources has signed an agreement yesterday to purchase two ethanol plants from Hawkeye Renewables. Originally constructed as a 50 million-gallon-per-year plant in November 2004, the Iowa Falls ethanol plant doubled its capacity to 100 million gallons per year in March 2006. The Fairbank plant was built in 2006 and is capable of producing […]
In Virginia, MXI Environmental Services is producing ethanol by recycling alcohol/caffeine energy drinks that have been banned after a number of deaths. MXI advertises itself as a recycler, whose website states, “Our ethanol production system receives alcohol solutions and converts them into fuel grade ethanol…” MXI’s VP of Operations at the Abingdon facility, Brian Potter […]
In India, GNE-India, has signed a letter of intent with David Lobo from Deejay Coconut Farm PVT via a joint venture to build a 250-acre commercial algae farm in Bangalore, India to produce fish feed and algal oil. The initial project will consist of a 2.5 acre algae farm utilizing the GB3000,an Algae Enhancement Technology […]
In Germany, Petrotec, a biodiesel company has been caught up in a dioxin scare which has surfaced in which thousands of chickens have been destroyed and a thousand farms have been instructed to stop selling products that come from animals that may have been fed contaminated feed. Petrotec reported sold dioxin contaminated fatty acids to […]
In Thailand, Shell Co of Thailand is reputedly considering selling B3 biodiesel, based on the diesel’s good gross margin. Chairwoman Pissawan Achanapornkul stated, “The company is disappointed with government policy on alternative fuels. Initially, the Energy Ministry was committed to phasing out B3 and replacing it with B5 nationwide from Jan 1 this year… That […]
SATSProjects: Hawaiian Electric signs contract with Aina Koa Pono for sustainable local …: Subsidiary of Hawaiian Electric I… CAPTKUJO: DOD wants biofuels and nuclear energy to cut fossil fuel usage in half by 2020. But will GOP policies stop it?| claireypoole: REA supports EC’s report on ILUC mem_somerville: I’m with the Leftists here: “How did […]
In China, GCiS China Strategic Research has published a study of the China market for biofuels, covering both ethanol and biodiesel. The study provides an in-depth look at the trends, participants and forecasts for the industry from 2009 to 2015. Findings include the growing, multibillion dollar market, is centered around the government mandated “ethanol-only” areas […]
In Thailand, the Government agreed to raise biodiesel subsidies from .35 to .85 baht per liter for B3 biodiesel and to 1.50 baht for B5. The structure of the subsidy gives .20 baht to the pump price and .30 baht to the service stations. Without the subsidy, the going rates for B3 diesel would have […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 0.27 percent to 81.90 on large cap gains and despite ethanol losses. For the day, Archer Daniels Midland (ADM) soared 3.83 percent to $31.69 after being upgraded by BMO to outperform, while BioFuel Energy (BIOF) plunged 7.10 percent to $1.57. Among other equities, […]
