Tweet In China, China New Energy has decided against acquiring BAPP Ethanol, a wholly owned subsidiary of Sino Distillery Group, after the due diligence process resulted in findings not conducive to the takeover. As a result of ending the due diligence process, the company’s shares have resumed trading. The MOU to take over BAPP Ethanol […]
Tweet In Australia, Cardia Bioplastics announced that it is has been selected as preferred supplier of waste management products by the Nanjing Jianye District. Cardia received the first quarter order of A$250,000 for the supply of Cardia waste management bins and Cardia Biohybrid kitchen waste bags to the individual households of this region with a […]
Tweet In China, the Civil Aviation Administration of China has granted Sinopec Chinese Technical Standard Order Authorization (CTSOA) for aviation biofuels, certifying that the fuel has met all required industry standards. An April 2013 test flight using hydrotreated palm oil and recycled cooking oil feedstock on an Airbus 320 owned by China Eastern Airlines was […]
Tweet In New York, a Chinese market analyst says there is enormous opportunity for China to import vast quantities of US ethanol in order to boost its oxygenation levels in fuel to reduce air pollution. Already the country started importing in November, which could be indicative over an overall trend.
Tweet In China, imports of biodiesel mixed with gasoil are said to have fallen since the government imposed a tax of $155.51 per metric ton on imports the beginning of the year. The tax applies on imports blended with up to 30% biodiesel, but Singaporean traders expect imports of 31% to pick up. The 30% […]
Tweet In Ireland, Research and Markets has announced the addition of the ”2013 Report on the International and Chinese Biodiesel Industry” report to their offering. The “2013 Report on the International and Chinese Biodiesel Industry”, provides an overview of the industry including definitions, classifications, applications and industry chain structure. Manufacturing technology and processes for wind turbines […]
Tweet In China, the government imposed a 13 cents per liter consumption tax on biodiesel as of Jan. 1, following a surge in imports that passed 1.7 billion liters. Higher biodiesel blends were outselling Sinopec and Petrochina’s domestically refined diesel, forcing them to export.
Tweet In Washington, Agriculture Secretary Tom Vilsack reported on progress concerning trade issues with China as a result of the 24th U.S.-China Joint Commission on Commerce and Trade. Issues covered included the approval process for biotechnology products. On biotechnology, the Secretary conveyed a need to streamline China’s biotech approval process, and gave his commitment to […]
Tweet In China, China New Energy has entered into a memorandum of understanding for a reverse takeover of BAPP Ethanol Holdings Limited. BAPP is a wholly owned subsidiary of Sino Distillery Group, a company listed on the Hong Kong Stock Exchange. CNE says that BAPP needs to carry out restructuring, prior to completion of the […]
Tweet In China, China New Energy announced that it has entered into an contract with Jilin Province New Tian Long Alcohol Co., Ltd. (“NTLA”) to provide specialist technology and services to assist in building a new, Second Generation, 50,000 tonnes per year biorefinery. NTLA is one of the largest ethanol producers in China and they […]