Tag: New York

New York state awards bioenergy projects with economic development grants

New York state awards bioenergy projects with economic development grants

December 19, 2014 |

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 […]

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New market report looks at Chinese biofuels

New market report looks at Chinese biofuels

December 17, 2014 |

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 […]

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Boho factor soars to 16-month high leaving biodiesel producers in the lurch

Boho factor soars to 16-month high leaving biodiesel producers in the lurch

December 15, 2014 |

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 […]

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Buckeye Albany Terminal to pay $181,000 fine for air permit violations

Buckeye Albany Terminal to pay $181,000 fine for air permit violations

December 15, 2014 |

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 […]

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New York awards $2 million to Kodak’s Eastman Business Park plant

New York awards $2 million to Kodak’s Eastman Business Park plant

December 15, 2014 |

In New York, the state government has awarded $2 million to Kodak’s Eastman Business Park Bioscience Manufacturing Center to construct a new facility to convert sugars into biochemicals, bioplastics, and biofuels. The facility, a 60,000 square foot plant, has already cost the state $3 million, bringing its commitment up to $5 million. The EBP Bioscience […]

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POET named finalist for Platt’s Industry Leadership Award

POET named finalist for Platt’s Industry Leadership Award

December 15, 2014 |

In New York, POET has been named a Platts Global Energy Award finalist for the Industry Leadership Award for the biofuels industry. The Industry Leadership Award recognizes “the organization that has demonstrated the strongest commitment to creativity and game changing solutions” and “takes aim at sustainably producing and delivering fuels from renewable sources.” “It’s an honor […]

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Seneca Bioenergy files for bankruptcy protection

Seneca Bioenergy files for bankruptcy protection

December 8, 2014 |

In New York state, Seneca Bioenergy has filed for bankruptcy protection in the U.S. Bankruptcy Court for the Western District of New York with debts of around $1 million. The company plans to continue operating during restructuring and is looking for a “white knight” investor to secure the operating capital the company needs to keep going, […]

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Bloomberg says corn-based RINs at highest since Aug. 17

Bloomberg says corn-based RINs at highest since Aug. 17

November 20, 2014 |

In New York state, Bloomberg says corn-based RINs jumped to 53.5 cents, up 13% and the highest seen since Aug. 17. Rail congestion keeping ethanol in the Midwest along with the EPA’s delays in unveiling the 2014 RFS blending mandates are boosting RIN prices. Export demand is also having a hand in boosting RIN prices.  

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Glycerol market seen increasing 6.3% annually through 2018

Glycerol market seen increasing 6.3% annually through 2018

November 18, 2014 |

In New York state, according to a new market report published by Transparency Market Research “Glycerol Market by Source – Global Industry Analysis, Size, Share, Trends, Growth and Forecast, 2012 – 2018,” the global demand for glycerol was 1,995.5 kilo tons in 2011 and is expected to reach 3,060.4 kilo tons by 2018, growing at […]

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Ensyn begins D7 heating oil RIN generation and sales

Ensyn begins D7 heating oil RIN generation and sales

November 10, 2014 |

In New York state, Ensyn announced it has initiated the generation and sale of its first RINs (Renewable Identification Numbers) under the US Renewable Fuel Standard (RFS2) and that Ensyn’s D7 cellulosic RINs have received QAP certification. Ensyn is the first company to generate cellulosic RINs under the US Environmental Protection Agency’s expanded definition of […]

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