Tag: Texas

BP Production to supply NEXT Renewable Fuels with 13.2 million barrels a year of feedstock

BP Production to supply NEXT Renewable Fuels with 13.2 million barrels a year of feedstock

May 28, 2019 |

In Texas, NEXT Renewable Fuels, Inc (NEXT) and BP Products North America Inc. (BP) have entered into a long-term Feedstock Supply Agreement whereby NEXT will purchase approximately 2 million metric tons (13.2 million barrels) per year of renewable feedstocks for NEXT’s planned Port Westward, Oregon renewable diesel facility.  Under the Agreement, BP will supply used cooking […]

Read More

Bio-based peroxide start-up secures $32 million in Series B funding

Bio-based peroxide start-up secures $32 million in Series B funding

May 22, 2019 |

In Texas, Solugen Inc., an emerging specialty chemicals manufacturer and world’s first and only producer of bio-based peroxide solutions, announced the closing of $32 million in Series B funding led by Founders Fund with key participation from other venture capital investors such as Y Combinator, Refactor Capital, Fifty Years and KdT Ventures. The capital raise […]

Read More

Assets of former Inaeris Technologies biodiesel plant set for auction on May 9

Assets of former Inaeris Technologies biodiesel plant set for auction on May 9

April 29, 2019 |

In Texas, Tiger Group and Federal Equipment Co. will conduct an online auction of the complete assets formerly owned by biofuel technology company Inaeris Technologies on May 9. The professionally maintained assets include main, demonstration and pilot plants, along with intellectual property, research and development lab assets and more. Offers for a turnkey acquisition of […]

Read More

Valero’s Q1 RIN spend sinks to $91 million from $206 million in Q1 2018

Valero’s Q1 RIN spend sinks to $91 million from $206 million in Q1 2018

April 25, 2019 |

In Texas, Bloomberg reports that Valero’s Q1 Renewable Fuel Standard compliance costs fell by more than half to just $91 million compared to $206 million last year, thanks to lower RIN costs. The lower RIN costs more than compensated for losses in the company’s ethanol sector that saw operating profit fall to just $3 million […]

Read More

Texas A&M gets funding for short courses from Malaysian Palm Oil Board

Texas A&M gets funding for short courses from Malaysian Palm Oil Board

April 9, 2019 |

In Texas, Texas A&M’s head of the Fats and Oils Program at the Process Engineering Research and Development Center (PERDC), has received a grant from the Malaysian Palm Oil Board to fund several semesters of teaching and short courses about the significance of dietary oils and fats as essential sources of energy. Similar programs exist […]

Read More

Biodiesel producers getting nervous renewable diesel could eat into market share

Biodiesel producers getting nervous renewable diesel could eat into market share

March 26, 2019 |

In Texas, ICIS reports that traditional biodiesel producers are beginning to feel threatened by renewable diesel producers as expansion of the newer technology could potentially threaten market share. With oil industry players like Valero jumping in with major investments like Diamond Green Diesel in Norco, Louisiana where an additional $1.1 billion is destined to expand […]

Read More

US glycerin market eyeing increased Indonesian biodiesel production

US glycerin market eyeing increased Indonesian biodiesel production

March 25, 2019 |

In Texas, ICIS reports that the US glycerin market expects additional volumes of glycerin from Indonesia to arrive following a ramp up in biodiesel production spurred by the country’s move to B20 last summer and further plans to achieve B30. While the US market is taking a wait-and-see approach, Asian buyers and suppliers of glycerin […]

Read More

Texas A&M researcher finds way to use SOFA to produce lignin-based products

Texas A&M researcher finds way to use SOFA to produce lignin-based products

February 26, 2019 |

In Texas, lignin, used as a renewable resource to produce high-value products, has presented both production and economical challenges for biorefinery operations. However, a Texas A&M AgriLife Research scientist suggests the use of an extraction method, plus other refining processes to produce multiple lignin streams. Researchers propose the use of selective organic solvent extraction, also […]

Read More

SVPGlobal buys White Energy ethanol plant and gluten facility

SVPGlobal buys White Energy ethanol plant and gluten facility

February 21, 2019 |

In Texas, Strategic Value Partners and its affiliates (“SVPGlobal”) announced an agreement to purchase food ingredient and ethanol businesses from White Energy. The purchase includes two integrated plants in Russell, Kansas: the nation’s largest vital wheat gluten manufacturing facility and one of the nation’s most cost-efficient ethanol production facilities. With an annual production capacity of […]

Read More

Shell agrees long-term offtake agreement with NEXT

Shell agrees long-term offtake agreement with NEXT

February 5, 2019 |

In Texas, NEXT Renewable Fuels, Inc and Shell Trading (US) Company have entered a long-term Purchase and Sale Agreement for the purchase of renewable diesel from NEXT’s planned Port Westward, Oregon facility. Representing an investment of more than $1 billion, NEXT continues to develop its Oregon renewable diesel facility with an expected annual processing capacity […]

Read More