In India, sugar mills say they will produce 2.7 billion liters of ethanol next year, more than enough to supply ethanol for the E5 program but also for chemical and other industrial use. The country’s total demand for ethanol next year is seen at 2.2 billion liters, with 1 billion liters expected for E5. More […]
ChrisClaytonDTN: Sorry, gotta say the fallacy of the Wikileaks piece is that wheat prices this last year had nothing to do with biofuels. Cornell to develop algal biofuels Biofuels Leaders: Three Big Dawgs in Biofuels Federal Railroad Administration invests in biofuels congressorg BIOFUELS ARE TOO EXPENSIVE RIGHT NOW AND YOU KNOW IT! More about Twitter […]
In Washington, hopes for an up or down vote on the ethanol tax credit and other biofuels provisions in the proposed Obama-GOP tax deal were rocked, when Senator Dianne Feinstein of California sought to amend the bill to slash the ethanol tax credit to 36 cents per gallon, and to repeal the ethanol tariff. Feinstein […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, was flat at 77.71 as the Santa Claus rally in equities ground to a halt. For the day, Archer Daniels Midland (ADM) fell 0.42 percent to $30.56 while Amyris (AMRS) dropped 3.97 percent to $22.23. Among other equities, Rentech (RTK) dropped 7.59 percent to […]
Mid-December has arrived and the 2011 biofuels predictions season kicked off with a set from Cascadia Capital. The Digest’s own 2011 set will be published Tuesday December 21st. From Cascadia Capital came the following: 1. Cap and Trade Discarded by Congress in National Energy Policy Cascadia believes that Congress will implement a national energy policy […]
In Spain, Citrotecno is preparing to process its first gallon of ethanol from citrus waste near Valencia. The company plans to process between 120,000 and 150,000 tons of waste from farms in Valencia and Murcia to produce roughly 5.25 million liters of ethanol. A further 375,000 liters of D-limonene, an essential oil used in the […]
In North Dakota, Green Vision Groups says it is developing a $6 million, 3.5 million gallon demonstration plant to produce ethanol from energy sugarbeets. The facility is set to open in 2012 and the company plans to open another dozen processing facilities throughout the state capable of producing 20 million gallons each. It would take […]
In Pennsylvania, the Soy Energy plant near Gettysburg burned for 10 hours and was destroyed but its cause has yet to be determined. The plant was not operating at the time and no serious injuries were reported. Firefighters used sand bags to redirect the runoff from the fire because of concerns about chemicals from the […]
Jatoil has announced today that it has entered into a strategic relationship with a major Chinese investor, involving a share placement and co-investment agreement. This is part of the company’s ongoing plan to accelerate development of its jatropha biofuel operation in Indonesia and the purchase and development of coal assets in Kalimantan. More on the […]
In Brazil, Petrobras says that it is not bidding $1.75 billion for 40% of ethanol powerhouse ETH Bioenergia despite local press reports to the contrary. The company’s biofuels head said it is happy with its current partnerships which will will end 2010 with production of about 1 million cubic meters of ethanol, with plans to […]
