In Brazil, Airbus, TAM Airlines, and a group of specialist companies are working to establish a bio-kerosene jet-fuel processing plant in Brazil, aiming to gradually substitute fossil fuel in aviation with biofuel., following a November 22nd TAM Airbus A320 was used for a first biofuel flight in Latin America. The group of companies is led […]
In Chile, fuel and forestry conglomerate Empresas Copec SA and power generator E-CL SA are creating a joint venture for the production of micro-algae for biofuels. The project includes the construction of a pilot plant in Chile’s northern Atacama desert and an investment of $14.3 million aims to produce second generation biodiesel over the next […]
SEIclimate: Biofuels are really enticing for developing countries & offset-seeking developed countries – but is that good? yuannow: CNYnow! Biofuels to power the future: China’s bioethanol production will reach 10 million tons a year by 2. jdrch: Local programs (including 1 in Chicago) for turning used grease into fuel and soap carsandmotors: Toyota focuses on […]
In Washington, Reuters is reporting that the current Senate tax bill will extend the ethanol tax credit at 45 cents per gallon, for one year. Meanwhile, Smithfield Foods CEO Larry Pope told Bloomberg that “It looks like the credit’s going down”. POET’s Jeff Broin said that “We can’t live without that incentive today,” while Growth […]
In Illinois, Archer Daniels Midland named Paul Bloom as business director, Industrial Chemicals. In this role, Bloom will be responsible for developing and commercializing renewable chemicals, and for managing the commercial activities of ADM’s industrial chemicals business. In Brazil, the nomination of Carlos Fadigas as CEO of Braskem has been approved by the Company’s Board […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, dropped 1.19 percent to 77.04 as enzymes fell sharply. For the day, Archer Daniels Midland (ADM) regained 1.64 percent to $30.44, while Novozymes (NZMB) fell 5.18 percent to $132.75. Among other equities, Rentech (RTK) gained 4.55 percent to $1.38. Overall, declines and advances were […]
LCFS? Sounds like alphabet soup to most people, and a yawner to wide sections of the biofuels industry. And catching up on emissions regulations is, at the best of times, like a visit to the dentist. But here’s our warning: if you don’t master California’s Low Carbon Fuel Standard, and its implications on your business, […]
Four of the top 5 CEOs in the 50 Hotttest Companies in Bioenergy, and 10 of the top 15 – are among the headliners at Biofuels Digest’s Advanced Biofuels Leadership Conference. April 19-21, 2010, at the Capital Hilton, in Washington DC. Conference info and registration here. New speaker! Pat Gruber – CEO, Gevo will be […]
Ed Dineen is taking over the reigns at LS9 from Bill Haywood, who led the company from 2008, and from a #25 ranking to #4 in this year’s 50 Hottest Companies in Bioenergy. Salutes to Bill, and a welcome to Ed. Dineen was most recently COO of the fuels and chemicals multinational LyondellBasell, based in […]
In Florida, the Lake Wales City Commission approved a request to get a $750,000 Community Development Block Grant for Economic Development to provide infrastructure to support development property known as the “Old Sealy Building” and other surplus property into an ethanol plant to be run by Energy One Lake Wales LLC. The grant requires no […]
