In Nebraska, Spectrum Business Ventures has acquired the assets of the closed 25 million gallon E3 BioFuels ethanol plant in Mead, and said that it will reopen the facility next year. The $90 million plant shut down after an accident on the property and never operated at full production. The company’s technology includes anaerobic digesters […]
In Oregon, ZeaChem obtained a guaranteed maximum price, under the Engineering, Procurement and Construction agreements with engineering firm Burns & McDonnell, for construction of its demonstration cellulosic ethyl acetate and ethanol plant in Boardman. The company also announced that it has secured full construction funding for the core facility. The $25 million grant from the […]
In California, Viral Genetics has formed VG Energy as a subsidiary tat will market the company’s biofuel technology, which it said can increase the yield of oil production from algae by as much as 300%. “We can manipulate plant cells so that they store oil and eventually release those reserves instead of burning the fat […]
In South Africa, a Brazilian trade mission visited the country last week ostensibly looking for land in Southern Africa to develop biofuel production. Brazil already has trade agreements with Angola boosting biofuels cooperation and it sees opportunities to do the same in the rest of Southern Africa so the region can benefit from its agricultural […]
AgNews: Political uncertainty complicates future of biofuels market melrisebrow: Bhutan says yes to bioplastics, biofuels and happiness Marilyn_Res: EU biofuels will emit 88% more CO2 than fossil fuels & require area 2x size Belgium to grow biofuel crops RightWeight: Moringa can also provide oil for making biofuels. Algae4Gas: Dry Powdered Algae Biofuel Flows Like Regular […]
In Indonesia, Neste Oil says that palm oil sources are becoming greener, which could boost demand for biofuels produced from palm in the European Union. Scrutiny on the sector has forced producers to clean up their production methods which may have put them ahead of other feedstocks when it comes to complying with the EU’s […]
In China, South Korea’s Chosun University has signed a deal to introduce its photobioreactor technology for algae biofuels production to the Shandong Provincial Academy of Sciences. The cooperation could lead to 1000 square meters of algae production within the next two years. The photobioreactor technology from Chosun University would be used to stimulate growth of […]
In Washington, Senator Chuck Grassley of Iowa told reporters that ethanol and biodiesel tax extensions are included in an omnibus tax deal struck by President Obama and Republicans. Grassley could not say the exact amount of the proposed ethanol tax credit, but said that the deal would extend both credits through 2011 and would apply […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 0.35 percent to 78.07 as large caps and advanced biofuels were up. For the day, Archer Daniels Midland (ADM) edged up 0.07 percent to $30.17 , while Amyris (AMRS) soared again, up 4.75 percent to $23.81, and is now up more than one-third […]
Our picks for most underrated company? American Process at #97 and Fiberight at #85 got short shrift from the voters this year, and Targeted Growth has an outstanding story in camelina and aviation fuels. We think INEOS Bio was cruelly under-rated at #43 – way more progress towards commercialization in the past 12 months, and […]
