In Virginia, Craig Shealy has transitioned from his role as CEO of Osage Bioenergy but will remain a member of the company’s board of directors. A successor has not yet been named. In Louisiana, Dr. Russell L. Chapman, former President of the Phycological Society of America has joined Aquatic Energy as the Chairman of its Science […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, slipped 0.80 percent to 77.09 as the declines mounted across the renewables sector. For the day, Archer Daniels Midland (ADM) fell 1.11 percent to $30.22while Amyris (AMRS) dropped another 3.55 percent to $21.44. Among other equities, Verenium (VRNM) dropped 3.14 percent to $3.39 a […]
In Washington, Secretary of Energy Steven Chu announced a new $30 million round of funding for advanced biofuels. The new Funding opportunity announcement will provide funding for small-scale process integration projects that support the development of drop-in advanced biofuels. The FOA will support as many as five projects, and focuses on optimizing and integrating process […]
It’s time for the end-of-year Biofuels Digest Awards. These are given by the Digest’s editorial board in specific categories to companies, institutions and communities that have materially advanced the development of sustainable, affordable biofuels that create jobs, reduce greenhouse gas emissions and promote energy security. Awards are on a global basis, and nominations will be […]
In Michigan, the Sierra Club sued the Michigan state Department of Natural Resources and Environment over the proposed Frontier Renewable Resources cellulosic ethanol plant proposed for Kinross. Frontier is a partnership of Mascoma and J.M. Longyear. In the suit, Sierra Club alleges that the DNRE incorrectly treated the proposed plant as a minor emitter of […]
In Michigan, Solar Acquisition Corp. has formed a biofuel division called B151 that will produce biodiesel at an anticipated cost below that of competing producers for sale to downstream blenders and refiners to blend with traditional fossil fuel-based diesel. The company did not indicate feedstock or technology to be used. More on the story.
In Massachusetts, Verenium announced its 2011 company goals and, for the first time, financial guidance for the upcoming year, projecting that it would reach $55 million to $60 million in revenues and product gross margins of $21 million to $24 million. The company did not release a net earnings per share target, but it highlighted […]
In Germany, one of the country’s main biodiesel producers—EOP Biodiesel—has declared bankruptcy because it couldn’t come to terms with its banks. It stopped producing biodiesel in October when a gear unit at its oil mill became damaged, but had been producing up to 132,000 metric tons of biodiesel annually. More on the story.
In Indiana, a researcher says that focus on waste-to-ethanol technology is a waste of local resources because the process produces an inferior fuel. John Regalbuto, a chemical engineering professor at the University of Illinois at Chicago and a former researcher and adviser for the National Science Foundation, said given various limitations of trash and the […]
In Finland, Finnair has announced that it will begin using bio-SPK ‘on a significant portion of its flights’ made from pig waste and forest trimmings as soon as the fuel specifications have been approved, which is expected in the spring. The fuel will be supplied by Neste’s facility in Porvoo. More on the story.
