In Iowa, E30 biodiesel pumps may spring up across the state in the spring. The state will use $250,000 worth of federal money to expand the blend profile, which will be used to reimburse fuel station owners for up to 5% of the cost of updating their equipment. The E-30 blend “is kind of the […]
In Nebraska, the USDA Rural Development 2013 payouts have been announced, totaling $3,374,309 and supporting four key Nebraska producers. Ag Processing Inc received the bulk of the money, over $3.3 million, as it produces biodiesel at its facilities in Sergeant Bluffs, Algona, Iowa, and St. Joseph, Missouri. Cornhusker Energy Lexington, Chief Ethanol Fuel, and KAAPA […]
In Kansas, Scoular Co has reopened the Pratt ethanol plant after purchasing the 55 million gallon plant in 2011. The ethanol will primarily ship to Witchita, Oklahoma City, and Tulsa. The plant had been shuttered for five years until Scoular sold a stake in the operation to Pratt Biofuel, who have since become the company’s […]
In Spain, Abengoa has identified the U.S. market as “the most important market for the company,” according to chief executive Manuel Sanchez Ortega. “Today it represents the top geography in terms of revenues. One-third of our business is in the U.S.” The company, which recently listed itself on the NASDAQ marketplace, is currently due onstream […]
In Canada, Darling International has been approved for their $620m purchase of Maple Leaf Foods’ rendering and biodiesel business, Rothsay. The Competition Bureau, Canada’s competition watchdog, revealed in a statement that it concluded the deal would not substantially lessen or prevent competition. Rothsay operates six rendering plants across Canada and a biodiesel facility in Quebec. […]
In the United Arab Emirates, the Masdar Institute of Science and Technology are setting up a demonstration farm aimed at producing sustainable jet fuels, and have purchased 200 hectares of coastal land to grow mangroves as biomass. Without freshwater, the country is researching sustainable salt-water biofuel solutions.“The aviation industry has set for itself a target […]
In Washington, as the Office of Management and Budget prepares to release the 2014 EPA biofuels targets, White House and EPA staffers have met with Growth Energy, DuPont, Novozymes, Delta Airlines, Monroe Energy, Abengoa, and PBF Energy. The OMB has likewise hosted four meetings on the upcoming RFS rules last week. Concerns have been raised […]
In Illinois, Patriot Renewable Fuels has purchased ICM’s Selective Milling Technology that increases ethanol yield, reduces viscosity, and increases oil recovery for its customers. This contract marks several milestones: it represents ICM’s technology increasing ethanol yields by more than 1 billion gallons, and Patriot’s fifth year of operation. The ICM technology still has a patent […]
In Texas, Levi & Korsinsky has filed a class action lawsuit on behalf of investors who purchased KiOR securities between August 14, 2012 and August 7th, 2013. The suit claims that KiOR failed to disclose that the company was not on track to produce commercially meaningful quantities of biofuel at its Columbus facility, and that […]
In California, Pacific Ethanol has returned to profitability in Q2 and is improving operating conditions in Q3, however Seeking Alpha still favors the company’s peers as an investment. However, despite the improving current ratio, ratio of total assets to total liabilites, and shareholder equity, the discrepancy between the company’s share price and those of peers […]
