In Iowa, Magellan has opened a biodiesel storage and blending facility in Des Moines capable of blending and storing 210,000 gallons. The project received funding from the DOE and “state and public interest groups”, according to Reuters. Magellan currently maintains ten other biodiesel facilities at their facility. Read more here.
In Illinois, ethanol advanced after a week-long dry spell when the Federal Reserve announced they would be purchasing debt in another round of economic stimulus. Speculations have also hinged on the unrest in the Middle East and North Africa as investors raise concerns that oil shipments could be disrupted. Bloomberg reports that Denatured ethanol for […]
In California, switchgrass research at the University of California, Berkeley has yielded a strain of the plant that is 250 times starchier than traditional switchgrass. The project, partially funded by the USDA, is also monitoring water use for growing these plants as water availability could be a limiting factor in growing switchgrass. Scientists working on […]
In New York, Biofuel Energy Corp shares rose up to 28% in early trade on Friday, making a small come-back from the 76% decrease it has experienced so far this year as it climbed to 3.69. The upswing came after an announcement from hedge fund manager David Einhorn indicated his intention to raise his stake […]
In Kentucky, Patriot Bioenergy delivered a letter of intent regarding the construction of its sugar beet facility, announcing that the energy facility will be constructed within the next two years. The project’s construction is contingent upon funding and approval from local government organizations. Patriot has been testing growing conditions for the last year on 20 […]
In South Carolina, Renewed World Energies is planning on opening their commercially-viable automated microalgae facility by the end of the month. Financially backed by Aventura Equities, an Illinois-based investment firm, the company has developed a closed-loop compatible algae photo bioreactor that will be used to turn algae into biofuel and biomass feedstock, among other products. […]
In New Mexico, Incitor has succeeded in another VC investment round with investments totaling $1m for their conversion technology that turns CMF into usable fuel. The company has signed a letter of intent to build its facility in Milan, and has since attracted investment from the New Mexico Angels and the Sun Mountain Capital of […]
In India, the Agricultural Minister Sharad Pawar has been designated as the head of the Group of Ministers as they price biofuel for blending. The GOM is authorized to regulate and investigate all biofuel pricing issues in an attempt to come up with a coherent policy. Pawar currently serves as president of India’s Nationalist Congress […]
In Brazil, gasoline imports are expected to rise at least 350% by 2020, according to a government study prepared at the request of President Dilma Rousseff. The reasons behind the spike in imports is expected to be a failing sugar-cane ethanol production industry combined with a 4.5% growth rate in fuel consumption. Ethanol production in […]
In California, switchgrass has been successfully engineered to remain in a juvenile state with no flowers or seeds, thus making the plant more desirable as a feedstock. Geneticists from University of California, Berkeley and the USDA by inserting a new gene that keeps the plant from flowering and keeps the leaves softer, enabling sugar to […]
