Category: Producer News

Argentina exported biodiesel to Canada for the first time in March

Argentina exported biodiesel to Canada for the first time in March

April 16, 2018 |

In Argentina, with the US biodiesel almost entirely blocked to the imports, Reuters reports that 29,000 metric tons found their way to Canada in March instead—and for the first time ever. Bunge and Argentina’s AGD joint venture Ecofuel sold the biodiesel. The country could potentially buy as much as 200,000 tons of biodiesel this year […]

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Boho factor hits three-year low as heating oil prices jump

Boho factor hits three-year low as heating oil prices jump

April 16, 2018 |

In New York state, Platts reports that the Boho factor between heating oil and soybean oil feedstock for biodiesel fell to more than a three-year low last Friday at 21.99 cents/gal on the back of higher heating oil futures supported by Middle East tensions and shrinking stocks. In a countermove, soybean oil prices fell last […]

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Veolia launches UK online market place for bioeconomy feedstocks

Veolia launches UK online market place for bioeconomy feedstocks

April 16, 2018 |

In the UK, as part of the drive to increase the circular economy global resource management company, Veolia, is launching an online trading platform that makes it easier to sell and buy organic resources. Designed to save users time and money, BioTrading will provide businesses the opportunity to better leverage the 100 million tonnes of raw […]

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CSU gets $500,000 funding for ocean macroalgae biofuel project

CSU gets $500,000 funding for ocean macroalgae biofuel project

April 16, 2018 |

In Colorado, Colorado State University project to grow and harvest ocean macroalgae for biofuel production has received support from the Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E). ARPA-E has poured over $22 million into their Macroalgae Research Inspiring Novel Energy Resources (MARINER) program, with the aim of establishing the U.S. as a leader in […]

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BayoTech closes $12.5M Series B financing, gets fertilizer partner

BayoTech closes $12.5M Series B financing, gets fertilizer partner

April 15, 2018 |

In New Mexico, BayoTech, Inc., developer of advanced chemical reactors for the distributed production of hydrogen and fertilizers, closed a $12.5 million Series B round of financing. BayoTech also welcomed one of the world’s largest fertilizer companies as a strategic partner and investor. The partner participated in the Series B round of financing along with […]

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EnobraQ opens up capital, confirms 2nd round of fundraising

EnobraQ opens up capital, confirms 2nd round of fundraising

April 15, 2018 |

In France, Toulouse-based company EnobraQ, which specializes in biotechnology, is strengthening its development and announcing changes in its structure. It notably opens up its capital to three major research structures: INRA, INSA and CNRS and confirms a second round of fundraising in 2 years for a cumulative amount of 4.9 million Euros. Sofinnova Partners, Auriga […]

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Energy and oil giants request RFS ‘small refinery’ waivers

Energy and oil giants request RFS ‘small refinery’ waivers

April 15, 2018 |

In New York, super multinational energy companies Chevron Corp and Exxon Mobil are asking the U.S. EPA for exemptions to the RFS ‘small refinery’ obligations that are supposed to be reserved for small companies in financial distress, according to Reuters. “The EPA has already issued an unusually 25 hardship waivers to small refineries in recent […]

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Elevance launches new plant-based emollient

Elevance launches new plant-based emollient

April 15, 2018 |

In Illinois, Elevance Renewable Sciences, Inc., which creates specialty chemicals from renewable feedstocks, has a new plant-based emollient that is commercially available, called Elevance Soft CG-200. Made from certified non-GMO coconut oil and Elevance’s soy-based polymer, Elevance Soft CG-200 expands the company’s line of bio-based personal care products. As part of the Elevance Soft product […]

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Ethanol production down from week before

Ethanol production down from week before

April 15, 2018 |

In Washington, DC, ethanol production averaged 1.034 million barrels per day (b/d)—or 43.43 million gallons daily, according to EIA data analyzed by the Renewable Fuels Association. That is down 3,000 b/d from the week before and the third reduction in a row. Yet, the four-week average for ethanol production increased slightly to 1.040 million b/d […]

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2018 EU rapeseed area increased from previous year

2018 EU rapeseed area increased from previous year

April 15, 2018 |

In Germany, UFOP reports that in the EU-28, an estimated area of 6.8 million hectares is planted with winter rapeseed for the 2018 harvest. This translates to a more than 80,000 ha rise from 2017. The development of rapeseed area is very different in the different EU member states. According to Agrarmarkt Informations-Gesellschaft (mbH), German […]

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