Search Results for 'biodiesel'

Colombia pump prices adjust based on ethanol and biodiesel shifts

Colombia pump prices adjust based on ethanol and biodiesel shifts

July 28, 2016 |

In Colombia, the regulated price of diesel has fallen by 3.5 cents per gallon thanks to adjustments in the price of biodiesel, while gasoline has inched up slight by less than a cent due to the adjusted price for ethanol. Prices had been frozen since May but the new prices are effective the end of […]

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40 Senators write letter to EPA wanting higher 2018 biodiesel RVO

40 Senators write letter to EPA wanting higher 2018 biodiesel RVO

July 26, 2016 |

In Washington, U.S. Senators Roy Blunt (Mo.), Patty Murray (Wash.), Chuck Grassley (Iowa), and Heidi Heitkamp (N.D.) led a bipartisan letter, signed by 36 of their Senate colleagues, urging the Obama administration to increase its proposed 2018 Renewable Volume Obligations for biodiesel to encourage continued growth in the industry and diversity in the nation’s energy […]

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Malaysian Biodiesel Association teams with India’s Andhra Pradesh on palm biodiesel

Malaysian Biodiesel Association teams with India’s Andhra Pradesh on palm biodiesel

July 21, 2016 |

In Malaysia, Malaysian Biodiesel Association has signed an agreement with India’s Andhra Pradesh Economic Development Board to explore potential collaboration, looking to a future biodiesel blending mandate in India and the palm oil giant’s possibility of exporting feedstock or fuel to supply that demand. Currently, India produces about 600,000 metric tons of biodiesel annually from […]

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Terra Biodiesel sells Missouri biodiesel plant to undisclosed buyer for undisclosed amount

Terra Biodiesel sells Missouri biodiesel plant to undisclosed buyer for undisclosed amount

July 21, 2016 |

In California, Terra Biodiesel Holding, LLC closed the sale of its biodiesel plant located in St. Joseph, Missouri to an undisclosed strategic buyer. Ocean Park Advisors acted as exclusive advisor to the seller. Financial terms of the transaction were not disclosed. The assets include a biodiesel refinery situated on an approximately 13-acre parcel of land. The sale also […]

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Latvia’s biodiesel production remains around 60% of installed capacity

Latvia’s biodiesel production remains around 60% of installed capacity

July 19, 2016 |

In Latvia, the USDA Foreign Agriculture Service said in a recent report that biodiesel production grew 7% in 2015 over the previous year to 85,000 metric tons while no ethanol was produced during either year yet installed production capacity is 156,000 tons. Biodiesel is produced from rapeseed oil, and half of the country’s oil production […]

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Sen. Grassley, 13 Others Introduce Biodiesel Tax Credit Extension Bill

Sen. Grassley, 13 Others Introduce Biodiesel Tax Credit Extension Bill

July 17, 2016 |

In Iowa, Senator Chuck Grassley and 13 other co-sponsors, including Sen. Joni Ernst, introduced a bill that would modify the $1.00 per gallon biodiesel blenders’ tax credit to a producers’ credit and extend it for three years. After being reinstated in late 2015, the federal biodiesel tax incentive is set to expire again on December […]

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Grassley, Cantwell and 12 others introduce biodiesel tax credit reform and extension package

Grassley, Cantwell and 12 others introduce biodiesel tax credit reform and extension package

July 14, 2016 |

In Washington, Sen. Chuck Grassley of Iowa, Sen. Maria Cantwell of Washington and 12 fellow senators introduced bipartisan legislation to reform the biodiesel tax credit and extend the new policy for three years.  The reforms are similar to the provisions that Grassley and Cantwell have long proposed and that passed out of the Finance Committee […]

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Texas A&M gets USDA grant to bridge businesses with ag producers for biodiesel

Texas A&M gets USDA grant to bridge businesses with ag producers for biodiesel

July 13, 2016 |

In Texas, a researcher from Texas A&M has received a USDA grant to bridge small businesses with agricultural producers across the northeastern part of the state to produce biodiesel while also helping to support those seeking renewable energy system grants. The plan is to help integrate biodiesel as well as other renewables for agricultural use […]

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USDA awards REAP funding and loan guarantees including $3.9 million for Lakeview Biodiesel

USDA awards REAP funding and loan guarantees including $3.9 million for Lakeview Biodiesel

July 12, 2016 |

In Washington, Agriculture Secretary Tom Vilsack announced funding for 821 projects across the nation that will help rural small businesses and agricultural producers reduce energy usage and costs in their operations. The funding is available through the Rural Energy for America Program (REAP) and will be used to make energy efficiency improvements and install renewable […]

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Oil marketing companies seek 20 million liters of biodiesel to test blending options

Oil marketing companies seek 20 million liters of biodiesel to test blending options

July 12, 2016 |

In India, oil marketing companies have floated a tender to buy 20 million liters of biodiesel, mostly from Andhra Pradesh but also from Gujarat and Tamil Nadu between July and September, in an effort to start blending. No blending mandate has yet been set but a goal of 20% blending by 2017 has been identified. […]

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