Archive for August, 2007
Indiana Soybean Alliance announces inventive program for fuel terminal biodiesel conversion
The Indiana Soybean Alliance has announced an incentive program for fuel terminals to convert to blending soy biodiesel.
With only four of the state’s fuel terminals currently offering biodiesel, ISA’s Biofuels Director Mark Walters said Indiana’s soybean farmers want to help terminals convert their current facilities so they are able to blend soy biodiesel. The program [...]
Alabama’s Jackson County cancels biodiesel trial, not “cost effective”
A small three-truck trial of biodiesel by Jackson County in Alabama was called off after three months, after the head of the waste removal department said that the records showed that biodiesel was not cost-effective. Two trucks tested showed a 25% decrease in mileage, while the third showed a 3% mileage increase.
US ethanol imports rise 24% in June
June US ethanol import figures were released by the Federal Energy Information Administration. In June, imports increased by 24% over May to 820,000 barrels, equivalent to 37 million gallons.
Brazil was the largest exporter to the US with 488,000 barrels, up 87% over May. Jamaica exported 192,000, up 71%. El Salvador was up 33% to 73,000 [...]
Dream Fuels partners with Lee County for Florida jatropha demonstration
Dream Fuels donated 1,500 jatropha seedlings to Lee County for a 1-acre demonstration farm. The county plans to use jatropha and restaurant grease to produce biodiesel fuel for the county fleet.
Roy Beckford, an employee of the Institute of Food and Agricultural Sciences, has been promoting jatropha to Florida farmers for several years, and has been [...]
Propel Biofuels secures first round funding of $4.75 million, moves ahead on biodiesel installations at 20 service stations
Propel Biofuels announced that they have completed a $4.75 million first round of capital from @Ventures and Nth Power. The company announced a goal in April of installing its biodiesel fuel equipment at 20 stations in Washington, Oregon and California. Currently, the company has eight sites in Washington state in the permitting stage. Initial funding [...]
Akron Riverview Corn Processors postpones Iowa ethanol plant, citing economic conditions
Akron Riverview Corn Processors has postponed development of an ethanol plant in Iowa, citing unfavorable economic. Plymouth County officials said that they hoped the postponement is short-lived, and were philosophical about the $100,000 expended by the county in planning expenses, of which only $75,000 will be recovered from Akron River.
Bank of America analyst Eric Brown [...]
Brazil’s Petrobras to miss ethanol export targets by 88% for 2007
Petrobras, the Brazilian state oil company, admitted yeterday that it expect to miss its 1 billion gallon export target by 88%, exporting 120 million gallons on the spot market to the US, Japan among other nations. Major planned exports to Nigeria and Venezuela did not happen, in the case of Nigeria because of the lack [...]
Stock and Financial Outlook for August 30
Biofuels stocks will be looking to build on a strong market yesterday, as the impact of rising oil prices and the potential of an interest rate cut from the Federal Reserve are on the minds of investors.
Among Biofuels Direct Indexâ„¢ (BDI) stocks, Green Plains Renewable Energy (GPRE) opened a new plant near Shenandoah that will [...]
The Daily Biofuels Summary for August 30
Top Story: In Brazil, state oil company Petrobras is seeing a minority stake in the country’s first ethanol only pipeline that will reduce the cost of transport between the interior and the Atlantic ports. Petrobras currently has capacity to transport 13 million gallons per month and will increase capacity to 65 million gallons per month. [...]
Biofuels Digest Indexâ„¢ (BDI) up 2.26 points as Fed hints at intervention, oil rises
The Biofuels Digest Indexâ„¢ (BDI), a basket of 21 major public biofuel stocks, rose 2.28% percent today to 100.33 as a surge in oil prices and a timely intervention by the Federal Reserve brightened the outlook for shareholders.
In a letter from Federal Reserve Chairman Ben Bernanke to Senator Charles Schumer of New York that was [...]
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The 50 Hottest Companies in Bioenergy - Sponsored by Core Informatics
Click on company name for latest company news
1. Coskata
2. Sapphire Energy
3. Virent Energy Systems
4. POET
5. Range Fuels
6. Solazyme
7. Amyris Biotechnologies
8. Mascoma
9. DuPont Danisco
10. UOP
11. ZeaChem
12. Aquaflow Bionomic
13. Bluefire Ethanol
14. Novozymes
15. Qteros
16. Petrobras
17. Cobalt Biofuels
18. Iogen
19. Synthetic Genomics
20. Abengoa Bioenergy
21. KL Energy
22. Ineos
23. GreenFuel
24. Vital Renewable Energy
25. LS9
26. Raven Biofuels
27. Gevo
28. St.1 Biofuels Oy
29. Primafuel
30. Taurus Energy
31. Ceres
32. Syngenta
33. Aurora Biofuels
34. Bionavitas
35. Algenol
36. Verenium
37. Simply Green
38. Carbon Green
39. SEKAB
40. Osage Bioenergy
41. Dynamotive
42. Sustainable Power
43. ETH Bioenergia
44. Choren
45. OriginOil
46. Propel Fuels
47. GEM Biofuels
48. Lake Erie Biofuels
49. Cavitation Technologies
50. Lotus/Jaguar – Omnivore -
