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, […]
Tag: New York
In New York state, a proposed bill from the New York City council would see B5 for heating oil and B20 by 2030 in an attempt to reduce the carbon footprint of urban heating oil. The proposing councilman says moving to B5 from B2 would be the equivalent of taking 45,000 cars off the road.
In New York state, New York City Council is looking at legislation that would require city-owned vessels including Staten Island Ferry to use B5 and later work up to higher biodiesel blends, but the Department of Transportation and Department of Environmental Protection are pushing back saying blending with biodiesel would cause a host of operational […]
In New York, the Columbia University Center on Global Energy Policy has released a report assessing the implications of lifting the U.S. restrictions on crude oil exports and the first since the oil price collapse. The report finds that the original rationale for the export ban no longer applies and that easing current U.S. export […]
In New York state, a researcher from Hofstra University has led a team that discovered a microbial conversion pathway using Clostridium clariflavum to better degrade xylan to xylooligomers and xylose which also appears to allow higher utilization of unused biomass. The research used switchgrass as feedstock.
In New York state, the U.S. Department of Energy has awarded up to $3 million to the SUNY College of Environmental Science and Forestry to develop and demonstrate ways to reduce the cost of delivering woody bioenergy feedstocks to biorefineries. Specifically, the grant will be used to lower the delivered cost of short-rotation woody crops; […]
In New York state, Governor Andrew M. Cuomo announced that $709.2 million in economic and community development funding has been awarded through Round IV of the Regional Economic Development Council (REDC) initiative. Bioenergy projects that received funding include: Seneca Bioenergy LLC: Seneca Bioenergy was awarded a $250,000 ESD grant to support the expansion of biodiesel […]
In New York state, Transparency Market Research added the “China Biofuels Market” report to its database. The research report provides insights into the global and China biofuels market with detailed overview and statistical data. The growing demand for alternative fuel has motivated the Asia-Pacific biofuels market. China and India in this region are emerging as […]
In New York state, biodiesel’s boho factor has hit 34.02 cents/gal, up 4.83 cents at the highest level since July 2013, indicating poorer blending margins due to higher soyoil prices used to blend in heating oil. Heating oil prices have sunk, following oil prices south to below $60 last Friday. Biodiesel producers are considering shutdowns […]
In New York state, under a Consent Order, the state Department of Environmental Conservation (DEC) imposed a $181,000 penalty on Buckeye Albany Terminal, LLC for air permit violations, relating to the transfer of ethanol at its Port of Albany facility, DEC Commissioner Joe Martens announced. The violations did not result in any material air quality […]