Category: Producer News

Palm and soybean oil lose a lot of ground

Palm and soybean oil lose a lot of ground

July 14, 2019 |

In Germany, UFOP reports that the vegetable oil price index of the Food and Agriculture Organization of the United Nations (FAO) dropped 12 per cent over the past marketing year and is currently at a level lower than that recorded in December 2018. The FAO vegetable price index shows the changes in international prices for […]

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Indian producers investigate Philippines ethanol model during GBEP Bioenergy Week

Indian producers investigate Philippines ethanol model during GBEP Bioenergy Week

July 14, 2019 |

In the Philippines, the seventh annual Bioenergy Week of the Global Bioenergy Partnership provided an opportunity for the U.S. Grains Council to highlight how the government and private industry in the Philippines cooperate to promote ethanol to a delegation of sugar-based ethanol producers from India. While in the Philippines, the Indian delegation had side meetings […]

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Avantium CFO Frank Roerink to step down at the end of 2019

Avantium CFO Frank Roerink to step down at the end of 2019

July 14, 2019 |

In the Netherlands, Avantium’s CFO and member of the Management Board, Frank Roerink, will leave the company at the end of 2019. He will continue to fulfill his responsibilities for the remainder of the year. This allows the company to start looking for a successor. Kees Verhaar, Chairman of the Supervisory Board, said, “As Avantium […]

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NEXT signs agreement with labor union for operating renewable fuels plant

NEXT signs agreement with labor union for operating renewable fuels plant

July 14, 2019 |

In Oregon, NEXT Renewable Fuels signed a peace agreement with UFCW 555, agreeing to remain neutral in any future union organizing efforts for operating staff at their planned biofuels manufacturing plant at Port Westward in Columbia County. The agreement allows future NEXT plant workers and UFCW representatives to work together during any future organizing and […]

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Lyonsdale Biomass facility to be dismantled, looking for prospects

Lyonsdale Biomass facility to be dismantled, looking for prospects

July 14, 2019 |

In New York, the Lyonsdale Biomass energy facility will be dismantled this summer and the vacant 46-acre property will be transferred to the Lewis County Industrial Development Agency, and ReEnergy will work with the Lewis County IDA to market the site and share prospect leads, according to the Lewis County IDA press release. The 22-megawatt […]

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Green Biologics closes Minnesota butanol and acetone plant

Green Biologics closes Minnesota butanol and acetone plant

July 14, 2019 |

In Minnesota, UK-based Green Biologics Limited is winding down operations and closing the Little Falls, Minnesota plant that produces renewable butanol and acetone. Just last year, the company was working with Florida-based Kreussler on a corn-based dry cleaning solvent, as reported in NUU in June 2018, and was working on selling ingredients for a biobased […]

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Netherlands on target for 10% biofuels for 2020 as consumption hits 8.9% in 2018

Netherlands on target for 10% biofuels for 2020 as consumption hits 8.9% in 2018

July 11, 2019 |

In the Netherlands, the country is on track to reach the European target for renewable energy for transport of 10% in 2020. This means that in 2018, the Netherlands will be well above the European average at 8.9%. This is apparent from the total report on the deployment and origin of renewable energy for transport, […]

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DMC raises $10.3 million Series A equity financing led by Sofinnova Partners

DMC raises $10.3 million Series A equity financing led by Sofinnova Partners

July 11, 2019 |

In Colorado, DMC, an early-stage biotechnology company, announced that is has raised a $10.3 million Series A equity financing led by Sofinnova Partners. The company also announced the addition to its Board of Directors of Josko Bobanovic, Partner and Manager of the Sofinnova Industrial Biotech Fund. Current investors Capricorn Venture Partners and Breakthrough Energy Ventures […]

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Higher European ethanol prices help CropEnergies boost operating results

Higher European ethanol prices help CropEnergies boost operating results

July 11, 2019 |

In Germany, Suedzucker said a strong recovery in ethanol sales revenues from the prior year’s low level was a major contributor to increased revenues for CropEnergies during Q1 with revenues moderately higher than last year at EUR185 million compared to EUR176 million last year. Lower sales volumes were more than offset by higher sales revenues. […]

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Ethanol production slips but stocks continue to build in Gulf Coast and Midwest

Ethanol production slips but stocks continue to build in Gulf Coast and Midwest

July 11, 2019 |

In Washington, Platts reports that ethanol slipped slightly from the week before to 1.047 million b/d, 35,000 b/d lower than the last full week of June by still 14,000 b/d higher than the year prior. Despite the slight slowdown in production, stocks still rose by 165,000 barrels to 23.009 million barrels with nearly half a […]

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