Tag: California

Pacific Ethanol sees record-breaking results for Q2 with profit up 591%

Pacific Ethanol sees record-breaking results for Q2 with profit up 591%

July 28, 2016 |

In California, Pacific Ethanol reported a 591% increase in its Q2 profits of $4.70 million, up from just $680,000 during the same period last year. Revenue also rose 85.8% to a record $422.86 million thanks to record gallons sold from the company’s increased production capacity from the company’s Midwest assets and higher third party sales, […]

Read More

California Ethanol and Power granted $2.5 million to help reach financial close

California Ethanol and Power granted $2.5 million to help reach financial close

July 21, 2016 |

In California, the Imperial Irrigation District’s Board of Directors approved a $2.5 million grant for California Ethanol and Power to help the company’s planned $500 million sugarcane ethanol project reach financial close. The project would grow 55,000 acres of sugarcane in the in the Keystone Industrial Park south of Brawley in the Imperial Valley to produce […]

Read More

Terra Biodiesel sells Missouri biodiesel plant to undisclosed buyer for undisclosed amount

Terra Biodiesel sells Missouri biodiesel plant to undisclosed buyer for undisclosed amount

July 21, 2016 |

In California, Terra Biodiesel Holding, LLC closed the sale of its biodiesel plant located in St. Joseph, Missouri to an undisclosed strategic buyer. Ocean Park Advisors acted as exclusive advisor to the seller. Financial terms of the transaction were not disclosed. The assets include a biodiesel refinery situated on an approximately 13-acre parcel of land. The sale also […]

Read More

Berkeley Lab, JBEI and Sandia researchers demonstrate next step in cellulosic biofuel production

Berkeley Lab, JBEI and Sandia researchers demonstrate next step in cellulosic biofuel production

July 21, 2016 |

In California, researchers at the Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab) and Sandia National Laboratories (Sandia) working at the Joint BioEnergy Institute (JBEI) have demonstrated that adding carbon dioxide (CO2) gas during the deconstruction phase of biofuel production successfully neutralized the toxicity of ionic liquids, the room-temperature molten salt solvent used at […]

Read More

American Refining Group commits to 33.3% equity in Amyris-Cosan JV

American Refining Group commits to 33.3% equity in Amyris-Cosan JV

July 19, 2016 |

In California, American Refining Group, Inc. and Novvi LLC, a joint venture of Amyris, Inc and Cosan S.A. announced that ARG has committed to a 33.3% equity investment into the joint venture. Both Amyris and Cosan will continue to hold share ownership stakes in Novvi, together with ARG. Novvi’s products and technology are recognized by […]

Read More

57 organizations push for support of California Low Carbon Fuel Standard

57 organizations push for support of California Low Carbon Fuel Standard

July 10, 2016 |

In California, 57 fuel producers and trade associations wrote to California Senate President Pro Tem De León and Speaker Rendon, urging support for the California Low Carbon Fuel Standard, “which will reduce the carbon intensity of California’s fuels by 10 percent by 2020.” The LCFS is a critical tool that California needs to achieve its […]

Read More

West Coast could become major export region for Asian ethanol imports

West Coast could become major export region for Asian ethanol imports

July 4, 2016 |

In California, the West Coast is set to become a major ethanol origin for biofuel exports to Asia as demand in the region heats up, pushing the Gulf Coast region out of the leadership position. The region’s first export to Asia was booked recently at around $500/cu m on a CIF basis by a Filipino […]

Read More

US biodiesel industry suffering despite bumper soy crop

US biodiesel industry suffering despite bumper soy crop

June 22, 2016 |

In California, the US biodiesel industry continues to be drowned out by steadily growing imports from Singapore, Argentina and South Korea despite a huge soy crop that has feedstock low enough to make production competitive and bring back the 1.5 billion gallons of installed capacity that have been idled. Last year, 31% of the 1.73 […]

Read More

Amyris announces Cathay Pacific’s two-year commitment to flying with its fuel

Amyris announces Cathay Pacific’s two-year commitment to flying with its fuel

June 13, 2016 |

In California, Amyris announced that on May 29, 2016 Cathay Pacific commenced a two-year program of flights from Toulouse to Hong Kong using Amyris renewable jet fuel.  The initial 12-hour flight was the longest flight using a renewable jet fuel to date, further underpinning the ‘drop-in’ characteristics of Amyris Biojet fuels. Cathay took delivery of […]

Read More

Scripps Institute successfully runs research vessels for a year on NEXTBTL

Scripps Institute successfully runs research vessels for a year on NEXTBTL

June 13, 2016 |

In California, harnessing the University of California’s leadership in sustainability and pledge to become carbon neutral by 2025, Scripps Institution of Oceanography Associate Director Bruce Appelgate had a bright idea: What if Scripps Oceanography at UC San Diego began using 100 percent renewable diesel fuel, or biofuel, to power its research vessels? Renewable biofuel is […]

Read More