In Brazil, Noble Group announced that it will acquire the Catanduva and Potirendaba sugarcane and ethanol plants in Sao Paulo state, for $950 million. The two plants, with 8.0 million tonnes in crushing capacity, will bring Noble’s total capacity to 17.5 million tonnes. Catanduva has a crushing capacity of 4.6 million tonnes and Potirendaba crushes […]
In Canada, All Peace Industries has proposed acquiring the 17.5 Mgy The Power Alternative biodiesel plant in Warren, Michigan and relocating the plant to northwestern Alberta. The plant would then utilize pennycress oil, after researchers notes superior fuel performance in a batch of biodiesel which inadvertently included biodiesel produced from wild pennycress. The project developers […]
In the Bahamas, Bahamas Waste biodiesel production has been delayed after the company discovered used cooking oil donated for conversion was “in far worse shape” than expected. The free fatty acid (FFA) level content was much higher than originally anticipated, and a new pre-wash system had to be installed to lower the free fatty acid […]
nanopatents: Gaining insight to more efficiently convert plant biomass into biofuels williamlweaver: E15 and Engines – Can Ethanol Damage my Engine – Popular Mechanics GuyKawasaki: Do biofuels compete with food? ewerickson: Senator Ethanol, the Young Guns, and the Politically Expedient | RedState PetePereira: NPR: Ethanol Gets A Boost; Will It Return The Favor? More about […]
In Texas, students at the Lone Star College-Montgomery Biotechnology Institute are collaborating with the National Algae Association in developing a commercial-scale algae photobioreactor. Twenty students are working on the project, which will produce biodiesel, and the students are currently testing 25 strains of algae for performance. More on the story.
In Washington, in a unanimous opinion, the District Court of Appeals for the District of Columbia, the petition by National Petrochemical Refiners Association and the American Petroleum Institute challenging the Renewable Fuels Standard (RFS2) was denied in full. Joining in the decision were Circuit Judges Ginsburg and Garland. “The NBB is obviously pleased with the […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, edged up 0.39 percent to 78.91 on ethanol gains. For the day, Archer Daniels Midland (ADM) slipped 0.33 percent to $30.15, while Biofuel Energy (BIOF) gained 4.19 percent to $1.99. Among other equities, Codexis (CDXS) gained 0.47 percent to $10.63. Overall, advances led declines […]
In Florida, Biofuels Digest released its Winter 2010-11 Bioenergy Business Outlook survey. To participate, click here. Respondents to the 21 question survey will receive a detailed summary of the survey’s findings and commentary on trends from the Biofuels Digest editorial team. The survey examines growth expectations and opportunities from a company, national and organizational point […]
Yesterday, the news began tweeting around the internet that LS9 had raised $30 million in series D financing, and that the BlackRock investment group had led the investment round. LS9, which was earlier this month ranked #4 in the 50 Hottest Companies in Bioenergy, up from #25 in 2008 and #8 last year, confirmed the […]
In Colorado, Biofuel Energy hopes to raise $46 million through a rights offering and concurrent private placement to pay off its bridge loan facility and subordinated debt. The company has set Dec. 27 as the deadline for stockholders to receive subscription rights. Each share of common stock entitled the holder to receive approximately 2.52 subscription […]
