Tag: biodiesel

New Zealand biodiesel coop launched in an effort to inspire others

New Zealand biodiesel coop launched in an effort to inspire others

November 16, 2017 |

In New Zealand, Kapiti Biodiesel has launched as a cooperative with the aim of supplying UCO-based biodiesel to members from waste cooking oil collected by members from local restaurants. The co-op currently has six members and aims to deliver the first biodiesel by January. To start up the business, they’re also looking to raise NZ$5,500 […]

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Agron Bioenergy sells Watsonville biodiesel plant to Western Iowa Energy

Agron Bioenergy sells Watsonville biodiesel plant to Western Iowa Energy

November 15, 2017 |

In California, Agron Bioenergy LLC closed the sale of its biodiesel plant located in Watsonville, California, to Western Iowa Energy LLC. Ocean Park acted as exclusive advisor to the seller. Financial terms of the transaction were not disclosed. The assets include a biodiesel refinery designed to produce 15 MMgy and patents encompassing Agron’s centrifuge system […]

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Wilmar’s net pre-tax profits slump 51% on lower Indonesian biodiesel quota

Wilmar’s net pre-tax profits slump 51% on lower Indonesian biodiesel quota

November 14, 2017 |

In Singapore, Wilmar’s Indonesian biodiesel business was awarded 175.3 million liters for the May to October period, down from 241.4 million liters during the previous six months, which hit the company’s overall earnings hard. The lack of quota mixed with smaller margins saw a 51% drop in pre-tax profits for the company’s tropical oils business. […]

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Brazilian biodiesel consumption to jump 31% thanks to B10 next year

Brazilian biodiesel consumption to jump 31% thanks to B10 next year

November 9, 2017 |

In Brazil, biodiesel production is set to soar 31% to 5.5 billion liters next year on the back of a higher blending mandate that will go to 10% from this year’s 8%. The boost to B10 will come a year earlier, beginning in March 2018, following a decision by the national energy council, known as […]

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European Commission could launch new anti-dumping investigation on Argentine biodiesel this month

European Commission could launch new anti-dumping investigation on Argentine biodiesel this month

November 9, 2017 |

In Belgium, EURACTIV says the investigation resulting from official complaint by the European biodiesel industry regarding the lowering of anti-dumping duties on Argentine biodiesel will likely be published in November in the Official Journal of the EU although it has 45 days to do so after receiving it. The complaint was lodged with the European […]

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International Trade Commission holding biodiesel import hearing November 9

International Trade Commission holding biodiesel import hearing November 9

November 8, 2017 |

In Washington, U.S. International Trade Commission will hold a hearing Nov. 9 at 9:40 am Eastern Time concerning biodiesel imports from Argentina and Indonesia. The hearing will take place in the main hearing room at the ITC headquarters at 500 E Street SW in Washington, D.C. U.S. Sens. Heidi Heitkamp, D-North Dakota, and Claire McCaskill, D-Missouri, as […]

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Europe phases out FAME-0 for the winter pushing prices down

Europe phases out FAME-0 for the winter pushing prices down

November 8, 2017 |

In the Netherlands, the influx of Argentine biodiesel into the European market following the lowering of anti-dumping duties in late September has helped to drag down the FAME-0 premium over gasoil futures to near 30-month lows. Simultaneously, the premium for rapeseed-based biodiesel hit five-year highs over FAME-0 due to low water levels on the Rhine […]

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Indonesian biodiesel consumption seen at just 2.5 billion liters in 2017

Indonesian biodiesel consumption seen at just 2.5 billion liters in 2017

November 6, 2017 |

In Indonesia, biodiesel consumption is seen reaching 2.5 billion liters this year, far below the 3.5 billion liter target that was on track earlier in the year due to some “technical issues” seen between April and June. The B20 mandate led to consumption of 1.67 billion liters during the first half of the year, but […]

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Diverse coalition urge congressional committees to support biodiesel blenders tax

Diverse coalition urge congressional committees to support biodiesel blenders tax

October 31, 2017 |

In Washington, a diverse group of biodiesel producers, fuel retailers, and trucking interests sent a letter to the Senate Finance Committee and the House Ways and Means Committee in support of extending and phasing out the biodiesel blenders’ tax credit, and outlining their opposition to efforts to shift the credit to a producers’ credit, as […]

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EP Committee on Environment denies prospects for domestic biofuels

EP Committee on Environment denies prospects for domestic biofuels

October 28, 2017 |

In Germany, UFOP published a letter expressing its disappointment in the result of the vote in the European Parliament’s Committee on Environment on Monday this week concerning the reform of the biofuel policy for the period from 2020 to 2030 (RED II). UFOP said that as a result of the decision, biofuels made from cultivated […]

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