Category: International
Belgians underwrite $330M Vireol ethanol project in UK
Share In the UK, Future Capital Partners announced that the Belgian Export Credit Agency has underwritten the $330 million 44 million gallon per year wheat-based Vireol ethanol plant planned for Grimsby and has secured $39 million in senior debt for the facility.
European Commission president says “back to the drawing board” on indirect land use change
Share In Belgium, European Commission president Jose Manuel Barroso wants the energy and environment departments to go back to the drawing board on ILUC. Reason? The College of Commissioners rejected at their May 2 meeting not only the compromise that would have seen crop-specific ILUC factors added to the Fuel Quality Directive but not the [...]
GraalBio Investimentos plans to invest $724.5 million in five cellulosic ethanol projects in Brazil
Share In Brazil, GraalBio Investimentos plans to invest $724.5 million in five cellulosic ethanol plants during the next few years. The first 21.6 million gallon facility in Alagoas that will use sugarcane bagasse as feedstock is expected to come online in December 2013. At the Alagoas plant, the suppliers of the enzymes and industrial yeasts [...]
Canadian oil producers blending ethanol at 30% over mandated levels
Share In Canada, the oil industry may be blending as much as 30% more ethanol than required by the country’s E5 blending mandate because ethanol futures are running at less than half the retail price of gasoline. The industry is adding in more ethanol not just because it’s cheaper, but also because it doesn’t require [...]
Evogene, T6 Industrial sign partnership for castor bean expansion in Argentina
Share In Argentina, Evogene and T6 Industrial announced that Evofuel and T6 Industrial entered a collaboration for development of castor bean seeds as a sustainable and cost competitive feedstock for biodiesel production. Under the collaboration, Evofuel and T6 Industrial S.A aim to evaluate and develop Evofuel’s advanced castor bean varieties, displaying high oil yield under [...]
Biosystems Engineering readies mallee tree harvester
Share In Australia, a harvester for the mallee tree is in its final stages of development that would allow the country to use the native tree as a viable feedstock for biofuel production, including for renewable aviation fuel. The prototype has been designed by Biosystems Engineering and Future Farm Industries Cooperative Research Centre. Recent tests [...]
Petrotec expands waste biodiesel technologies to Spain, after Argentine biodiesel ban
Share In Spain, German biodiesel company Petrotec has moved into the Spanish market via a local office in Barcelona having decided there was existing market for the production of biodiesel from used cooking oil, especially now with the market gap left by policy prohibiting Argentine biodiesel. The company has started collecting used cooking oil and [...]
Husky Energy unveils carbon capture system; will reduce ethanol plant CO2 emissions
Share In Canada, Husky Energy unveiled its carbon dioxide (CO2) capture and liquefaction project in Lloydminster, a facility that allows the company to recover more oil from existing fields while reducing emissions at its ethanol plant.
Brazilian ethanol production continues to stall
Share In Brazil, analysts expect gasoline imports from the US and Europe to increase as ethanol production continues to fall. April’s ethanol production fell 40% on the year while mills are expected to prefer sugar to ethanol in the current season, at 48.8% of the crop. That’s the highest ratio to sugar seen in six [...]
Consumers saved $1.09 at the pump last year thanks to ethanol blending, study says
Share In Wisconsin, a study claims ethanol blending saved consumers $1.09 a gallon last year. The research, performed jointly by the University of Wisconsin-Madison and Iowa State University was backed by the Renewable Fuels Association. “According to study data, regular grade gasoline prices average $3.52 per gallon in 2011, but would have been close to [...]
