Tag: New York

Biodiesel prices rise to four-month high

Biodiesel prices rise to four-month high

July 17, 2017 |

In New York state, heating oil futures are on the rise which are in turn supporting biodiesel prices to four-month highs across the country. Biodiesel premiums are also being seen in the Midwest as well as the Gulf Coast regions, 3 cents and 6 cents per gallon respectively, a move resulting from rising soybean costs […]

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Downstate New York counties may get 5% bioheat by mid-2018

Downstate New York counties may get 5% bioheat by mid-2018

June 29, 2017 |

In New York state, Nassau, Suffolk, and Westchester counties could follow in New York City’s footsteps and implement a 5% biofuel blend in heating oil by July 1, 2018 following a bill passed in the Assembly and the Senate. The legislation is awaiting the governor’s signature. NYC currently has a 2% bioheat blend but that […]

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Downstate New York to introduce biodiesel obligation for heating oil

Downstate New York to introduce biodiesel obligation for heating oil

June 27, 2017 |

In New York, downstate New York counties are set to join New York City as national leaders in providing cleaner air through increased use of biodiesel in home heating oil, a product called Bioheat fuel.   Legislation passed yesterday by Assemblyman Steve Englebright (A.6954-A) and Senator Phil Boyle (S.B5422-A) would expand the state’s commitment to […]

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Nanomaterials Global Market Is Expected To Reach $19.83B by 2022: study

Nanomaterials Global Market Is Expected To Reach $19.83B by 2022: study

June 26, 2017 |

In New York, Stratistics MRC has released a report projecting that the Global Nanomaterials Market accounted for $4.79 billion in 2015 and is expected to reach $19.83 billion by 2022 growing at a CAGR of 22.5% from 2015 to 2022. The nanomaterials market is favoured by the governmental funding to support the prospective growth. The […]

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NY’s Upstate Revitalization Initiative under scrutiny for awarding funds to projects that don’t make it to implementation

NY’s Upstate Revitalization Initiative under scrutiny for awarding funds to projects that don’t make it to implementation

June 15, 2017 |

In New York state, the $500 million NY’s Upstate Revitalization Initiative under scrutiny for awarding funds to projects that don’t make it to implementation is under fire for awarding up to, but never having paid, $1.3 million to Florida-based shell company SR Energy who sought to build a 70 million gallon wood-based ethanol plant in Oswego […]

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Long Island kelp feasibility study project harvests first crop

Long Island kelp feasibility study project harvests first crop

June 14, 2017 |

In New York state, the first sugar kelp grown as part of a Cornell extension service research project in the Peconic Estuary was harvested last week as part of a Suffolk County-funded feasibility study to determine if Long Island could develop a viable kelp industry. The estuary suffers from high levels of nitrogen, which is […]

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Cornell researchers combine hydrothermal liquefaction with anaerobic digestion

Cornell researchers combine hydrothermal liquefaction with anaerobic digestion

June 13, 2017 |

In New York state, researchers at Cornell are combining hydrothermal liquefaction with anaerobic digestion in order to boost the energy production while reducing the processing time for treating food waste. The FAO estimates 1.3 billion tons of food is wasted or lost every year. The hydrothermal liquefaction produces a biocrude in just a few minutes […]

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Major New York City bioheat sellers raided as part of fraud investigation

Major New York City bioheat sellers raided as part of fraud investigation

May 30, 2017 |

In New York state, Approved Oil, one of the biggest bioheat sellers in New York City who pushed hard to get the city council and mayor to approve an increase in biodiesel blending for heating oil has raided by New York City Police as part of a major investigation into heating oil fraud, with officers […]

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Sugar prices hit “ethanol parity” floor

Sugar prices hit “ethanol parity” floor

May 9, 2017 |

In New York, sugar futures have reached what is considered the thin line where Brazilian sugar mills switch to ethanol production when sugar production is no longer as lucrative, known as “ethanol parity.” Prices recently fell to a one-year low, touching the parity line, but prices are expected to begin rebounding enough to keep the […]

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CVR Energy boosts $6.4 million profit from RIN sales

CVR Energy boosts $6.4 million profit from RIN sales

May 1, 2017 |

In New York, CVR Energy booked a $6.4 million profit from RIN sales during Q1 compared to $43.1 million spent on buying RINs during the same period last year despite RINs costing about a third less this year at an average of 53 cents during the quarter. The company said in its quarterly guidance that […]

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