Category: Producer News

Pacific Ethanol sells record volumes of ethanol in Q2, but falling oil prices hit margins

Pacific Ethanol sells record volumes of ethanol in Q2, but falling oil prices hit margins

July 30, 2015 |

In California, Pacific Ethanol reported Net sales of $227.6 million, Gross profit of $6.3 million and Adjusted EBITDA of $5.4 million for Q2 2015, and reported record total gallons sold of 140.7 million.  Neil Koehler, the company’s president and CEO, stated: “We closed our stock-for-stock acquisition of Aventine Renewable Energy, establishing Pacific Ethanol as the […]

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Surging Swiss Franc costs Clariant some profits despite soaring EBITDA in Q2 2015 results

Surging Swiss Franc costs Clariant some profits despite soaring EBITDA in Q2 2015 results

July 30, 2015 |

In Switzerland, Clariant reported Net sales of CHF 1.406 billion, Net result from continuing operations at CHF 56, EBITDA margin before exceptional items improved significantly to 15.0 % and confirmed its 2015 outlook in announcing Q2 2015 results. The company said that given the continuing strong volatility of currencies in the second quarter of 2015, […]

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Marine-friendly image finds Gevo’s isobutanol pumping from its first retail station

Marine-friendly image finds Gevo’s isobutanol pumping from its first retail station

July 30, 2015 |

In Texas, Express Lube of Fredericksburg has become the first U.S. service station to sell gasoline blended with Gevo’s renewable isobutanol at the pump. The company said that this is anticipated to be the first of many retail locations to offer Gevo’s product as the company rolls out its isobutanol to the marina, outdoor equipment and […]

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Argonne and marine partners say 15 percent renewable butanol blends are safe for watercraft

Argonne and marine partners say 15 percent renewable butanol blends are safe for watercraft

July 30, 2015 |

In Illinois, Argonne National Laboratory, Bombardier Recreational Products, the National Marine Manufacturers Association, and the American Boat and Yacht Council, have  demonstrated the safety and effectiveness of a blend of fuel that includes 16 percent butanol for use in watercraft. This demonstration has culminated in the approval of the fuel by the NMMA, as an […]

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Algae.Tec fuels technology arrives for install at monster Reliance refinery in India

Algae.Tec fuels technology arrives for install at monster Reliance refinery in India

July 30, 2015 |

In Australia,  Algae.Tec has shipped 7 containers of equipment, including photobioreactor modules and solar light units, on schedule and received in Jamnagar, India for installation within the world’s largest oil refinery, owned and operated by Reliance Industries. Ground works, equipment erection and plant construction are well underway with commissioning of the plant to be completed […]

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TerraVerdae Bioworks, Alberta Innovates Bio Solutions hit milestone in scale-up of bioplastic technology 

TerraVerdae Bioworks, Alberta Innovates Bio Solutions hit milestone in scale-up of bioplastic technology 

July 30, 2015 |

In Alberta, TerraVerdae BioWorks has reached scale-up of its proprietary technology to a commercial scale, the company said, after completing the scale-up optimization of its process to produce biodegradable PHA bioplastics from waste-derived methanol. TerraVerdae uses “green” methanol from, forestry, municipal, agricultural or industrial waste sources, instead of petroleum or sugar-based sources to produce polyhydroxyalkanoate […]

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On the Move in the Advanced Bioeconomy: Genomatica, Genera Energy

On the Move in the Advanced Bioeconomy: Genomatica, Genera Energy

July 29, 2015 |

Carlos A. Cabrera, was elected executive chairman of Genomatica. Cabrera was formerly chairman, president and CEO of UOP, a Honeywell company, that supplies and licenses process technology and services to the petrochemical, refining and gas processing industries. He also previously served as executive chairman of Ivanhoe Energy; a director at Gevo; and as CEO of […]

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Shampoo, New and Improved! BASF and Solazyme Launch the First Commercial Microalgae-Derived Betaine Surfactant

Shampoo, New and Improved! BASF and Solazyme Launch the First Commercial Microalgae-Derived Betaine Surfactant

July 29, 2015 |

In California, BASF and Solazyme have launched of the first commercial surfactant derived from microalgae oil, a high performance algal betaine for use in home and personal care applications. Generally speaking, surfactants, which are the “lifting agents,” if you will, that power the work of detergents and shampoos, are made from C12 to C14 medium […]

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Green Plains Reports Q2 2015 uptick from Q1, and $7.8 million in net income

Green Plains Reports Q2 2015 uptick from Q1, and $7.8 million in net income

July 29, 2015 |

In Nebraska, Green Plains is reporting Q2 2015 net income of $7.8 million, or $0.19 per diluted share, compared to net income of $32.3 million, or $0.82 per diluted share, for the same period in 2014. Revenues were $744.5 million for the second quarter of 2015 compared to $837.9 million for the same period in […]

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INVISTA and Plaxica collaborate on bio-based lactic acid

INVISTA and Plaxica collaborate on bio-based lactic acid

July 29, 2015 |

In England, INVISTA and Plaxica entered into a collaboration expected to accelerate the commercialisation of Plaxica’s technology. Under the agreement, in which INVISTA will have an option for an equity stake in Plaxica, INVISTA will provide Plaxica engineering, technical and commercial support from its global technology licensing organisation. The two companies will work together to develop […]

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