In Washington state, the transfer of a 1,600 acre nuclear reservation area for industrial development in the clean energy sector is being looked at by Energy Secretary Steven Chu after Rep. Jay Inslee, D-Wash requested him to expedite the process. Clearing the transfer through the DOE could take up to 18 months, but several companies […]
In Louisiana, a state-backed cane syrup mill in Lacassine may be seized by creditors after being three months behind on a $2.9m mortgage payment. The state guaranteed the bank loans and is now asking Louisiana Green Fuels, a potential buyer of the mill, to pay the $6.3 million over the next 36 months. The mill […]
In Sudan, government plans for a $1b plant will hopefully help the country attain its goal of increasing sugar production to 450,000 tones annually. The country is attempting to cut down food imports and to increase sugar exports. The plant, whose largest shareholder is Kenana Sugar Co., will have an initial output of 150,000 tones, […]
In Malaysia, analysts and traders in the palm oil industry met to address the growing volatility in Bursa Malaysia futures as Indonesia slashed their export taxes on palm oil. Analyst Dorab Mistry claimed that prices would hit $1,320 by the end of June for palm oil in Malaysia as palm oil production is set to […]
In Washington, Sen. Debbie Stabenow, D-MI, was applauded by Novozymes after she included an extension of the Cellulosic Producer Tax Credit and Accelerated Depreciation Allowance for Cellulosic Biofuels Plant Property as an amendment to her transportation reauthorization bill, which is currently under debate in the Senate. Said Adam Monroe, president of Novozymes North America, “Long-term, […]
In Washington, Rabobank recently released a report on Agribusiness in Brazil and United States markets. According to the report, despite developments in Brazil’s access to the US ethanol market, the Brazilian cane industry will struggle to satisfy both its domestic and world demand because of uncertain outlook for output growth. Said David Nelson, Global Strategist […]
In North Dakota, ethanol-blended fuel sales have almost doubled from last year. Data from the State Tax Department shows that the number of barrels sold has gone from 663,000 to 1.3 million in the last year. This jump correlates with a program run in North Dakota whereby retailers have been provided with a $5,000 grant […]
In New Mexico, details emerged from the Joule-Fluor deal. It was revealed last month that Fluor received a contract from Joule to design and build a renewable fuel production facility in New Mexico. The facility will scale and test Joule’s novel hydrocarbon production process, which transforms waste carbon dioxide directly into liquid hydrocarbons, ethanol, or […]
In the Dominican Republic, the Dominican Republic’s National Energy Commission signed a cooperation agreement to develop a series of studies on bioenergy with the Inter-American Development Bank. The project, valued at nearly $1m, will focus on the cultivation and industrialization of sugar cane.
In the Philippines, the government is testing Bionas’ jatropha biodiesel. Malaysia will be evaluating the fuel under a national standard to ensure it complies with standards, after Bionas opened a jatropha oil processing plant last year. Said the President of the Philippine Agricultural Development and Commerical Corp., “Malaysia is still introducing it to the market. […]
