Search Results for 'biodiesel'

US Senate passes tax extenders through 2014 only; biodiesel tax credit renewed, but will expire again in two weeks.

US Senate passes tax extenders through 2014 only; biodiesel tax credit renewed, but will expire again in two weeks.

December 17, 2014 |

In Washington, the US Senate passed the tax extenders bill, including the $1 per gallon biodiesel tax credit, 76-16. The tax extender legislation including a one-year retroactive extension of four key advanced biofuels tax provisions as part of a larger package of tax credit extensions. These four advanced biofuels incentives include: (1) the Second Generation […]

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Boho factor soars to 16-month high leaving biodiesel producers in the lurch

Boho factor soars to 16-month high leaving biodiesel producers in the lurch

December 15, 2014 |

In New York state, biodiesel’s boho factor has hit 34.02 cents/gal, up 4.83 cents at the highest level since July 2013, indicating poorer blending margins due to higher soyoil prices used to blend in heating oil. Heating oil prices have sunk, following oil prices south to below $60 last Friday. Biodiesel producers are considering shutdowns […]

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ASTM approves up to 20% biodiesel blending with heating oil

ASTM approves up to 20% biodiesel blending with heating oil

December 15, 2014 |

In Pennsylvania, ASTM International has voted to approve performance specifications for blends of 6 to 20 percent biodiesel with traditional heating oil. The move is a significant leap forward in the industry effort to boost the percentage of cleaner burning biodiesel that homeowners and building managers use in oilheat equipment common to the Northeast and […]

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Latest Brazilian biodiesel auction sells 667.8 million liters

Latest Brazilian biodiesel auction sells 667.8 million liters

December 15, 2014 |

In Brazil, the country’s 40th biodiesel auction held on Dec. 9 saw 667.8 million liters of biodiesel sold, of which 98.6% came from producers holding the social seal. The average price was BRL2.194 per liter. A total of 40 producers offered 764.5 million liters at the auction. The fuel will be used to supply the […]

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Great Lakes Biodiesel goes into receivership

Great Lakes Biodiesel goes into receivership

December 11, 2014 |

In Canada, the $50 million Great Lakes Biodiesel in southern Ontario has gone into receivership managed by KPMG along with associated companies Einer Canada and Bioversel Trading. Luxembourg-based Heridge SARL, who was only paid back half of the $20 million loan given to the company to get the facility off the ground, is seeking to […]

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UConn researchers demonstrate hemp as viable biodiesel feedstock

UConn researchers demonstrate hemp as viable biodiesel feedstock

December 11, 2014 |

In Connecticut, researchers at UConn have found that the fiber crop Cannabis sativa, known as industrial hemp, has properties that make it viable and even attractive as a raw material, or feedstock, for producing biodiesel. The plant’s ability to grow in infertile soils also reduces the need to grow it on primary croplands, which can […]

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Viesel Skunk Works preparing to commercialize enzymatic biodiesel production

Viesel Skunk Works preparing to commercialize enzymatic biodiesel production

December 10, 2014 |

In Florida, Viesel Skunk Works is preparing to commercialize its enzymatic biodiesel production process that it developed with Tactical Fabrication of Dublin, Georgia, and Novozymes. The technology allows for better use of brown grease and other low-grade feedstocks by eliminating the sulfur that is typically found as part of the production process.  

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Pacific Biodiesel’s B20 cheapest diesel in the state

Pacific Biodiesel’s B20 cheapest diesel in the state

December 10, 2014 |

In Hawaii, Pacific Biodiesel says the B20 it retails at the Hobron fueling station in Kahului is the cheapest diesel in the state at $3.79 per gallon. B100 is retailing at the station for $4.53 per gallon. The falling price for B20 is attributed to falling petroleum prices.  

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FGV to triple biodiesel production by 2016

FGV to triple biodiesel production by 2016

December 9, 2014 |

In Malaysia, Felda Global Ventures announced it intends to more than triple its biodiesel production to 350,000 metric tons by 2016 by investing $47.5 million in expanding capacity at its Kuantan biodiesel plant. The plans were announced at an event showcasing its B30 trial on commercial transport vehicles. The company plans to show the way […]

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Sprague Resources completes purchase of New York’s largest biodiesel port

Sprague Resources completes purchase of New York’s largest biodiesel port

December 9, 2014 |

In New Hampshire, Sprague Resources announced its subsidiary has completed the asset purchase of Castle Oil Corporation and certain of its affiliates including Castle’s Port Morris terminal and its associated wholesale, commercial, and retail fuel distribution business for a combined $56 million in cash and SRLP units, plus payments for Castle’s inventory as of closing. […]

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