In New York state, Sunoco has filed a complaint in the Court of Federal Claims seeking a $300 million refund for overpaid excise taxes on ethanol during 2005-2008 based on the Alcohol Fuel Mixtures credit. The company says it sought to recuperate these taxes from the IRS but all attempts were denied by the agency.
Tag: New York
In New York state, one of the most promising growth prospects for the global tall oil fatty acid market is the production of biodiesel from feedstock rich in TOFA. Due to its organic nature, tall oil fatty acid has emerged as a candidate for biodiesel production. Biodiesel has carved a sustainable niche for itself in […]
In New York, Partners for Euro-African Green Energy (PANGEA) and the Alliance for Rural Electrification (ARE) presented lessons learnt by their members on how to effectively implement innovative models that utilize bioenergy technologies for electrification purposes through their latest information paper. The paper looks at inclusive business models, value addition and provides policy makers with […]
In New York, as part of the 2nd Annual Sustainable Energy for All (SE4ALL) Forum, a new multi-stakeholder coalition, co-chaired by the UN Food and Agricultural Organization (FAO) and the Roundtable on Sustainable Biomaterials (RSB), announced its intention to speed up the development and deployment of sustainable bioenergy in order to contribute to meeting the […]
In New York state, SCHOTT North America announced that its new oval glass tubes for photobioreactors (PBRs) increased maximum dry biomass output per day by more than 22 percent in its latest study in partnership with Heliae, a technology-driven algae production company. For the first time, SCHOTT’s round glass tubes were retrofitted with oval tubes […]
In New York state, former member of President Obama’s Council of Economic Advisers from 2013-2014 James H. Stock has published a report via the Columbia University’s Center on Global Energy Policy suggesting a number of reforms to the RFS that he argues would help achieve the twin climate and energy security goals first envisioned under […]
In New York state, a proposal to include 2% biodiesel in all heating oil across the state has passed the state Assembly’s Committee on Environmental Conservation. The bill also includes tax breaks for producers. The API is against the proposal, saying it may boost heating oil prices, while a range of NGOs and farmer groups […]
In New York state, Butamax has won another patent round against Gevo when the Patent Trial and Appeal Board rules that Butamax has demonstrated a Gevo patent for aviation biofuel was in fact not patentable, saying it was either “anticipated or obvious” compared to other patents.
In New York, Louis Dreyfus is shipping 280,000 barrels of ethanol worth $17 million to Jebel Ali in the UAE from the Port of New York where the fuel will be blended into gasoline for Iraq. Ethanol has at last returned to a discount against gasoline, opening up a trading window that allowed for double […]
In New York, a PwC analysis shows that the chemicals sector saw strong improvement in mergers and acquisitions (M&A) activity in 2014 with 177 deals worth more than $50 million and a total value of $85 billion. The industry recorded the highest volume in a decade and reaching the highest deal value since 2007. Megadeals, […]