Archive for November, 2007
Philippine biofuels chief says at least 700,000 hecatres of jatropha in view
In the Philippines, PNOC Alternative Fuels Corporation chairman Renato S. Velasco said that he expected that at least 700,000 hectares of jatropha would be planted in the country, noting that it had been identified as an ideal cultivation locale by the FAO. He said the bulk of cultivation would be in Mindanao.
Using a yield of [...]
New Britain Palm Oil in $100 million flotation on London Stock Exchange as oil palm cultivation expands
New Britain Palm Oil will be listed on the London Stock Exchange in a US$100 million flotation. The owner of New Britain Palm Oil, Kulim, said that between New Britain and Guadalcanal Plains Palm Oil it has more than 30,000 hectares of mature oil palm trees. It also said that its biodiesel plant in Tanjung [...]
Acta announces hydrogen project that could result in new transport system in 10 years
Acta stated its belief that a hydrogen fueled transport system is ten years away, not 20 to 30 years. The company made its pronouncement after inking a development project deal with an unnamed Asian carmaker.
Acta produces hydrogen from on-board catalysts that use ammonia or ethanol and can work with the existing fuel infrastructure.
Earlier this week, [...]
Argus launches price service for palm oil biodiesel in Singapore, Malaysia and Indonesia
Argus Media, a leading source for energy price information, is launching a price service for palm oil biodiesel in Singapore, Malaysia and Indonesia. The service will provide daily FOB price information, as well as trading information including bids and offers for EN14214 (European compliant) biodiesel.
Looming Asian water crisis: wastewater practices, poor planning blamed; biofuels not helping
A report released by the Asian Development Bank outlined a looming crisis in Asian water supply. The report blamed neglect of wastewater management practices for the crisis, and said that the rising popularity of biofuels would make the situation worse unless Asian nations addressed their water usage practices.
A recent International Water Management Institute study found [...]
First biodiesel station opens in Connecticut
The first biodiesel fuel station has opened in Connecticut. Gov. M. Jodi Rell was on hand for the opening at Berkshire Country Store in West Cornwall. The fuel had previously only been available in Connecticut at private pumps for government and commercial fleets.
Connecticut has been attempting to catch up on biofuels development. Last month, CT [...]
Biofuels Digest Index up 0.99 points to 103.37 as Energy Bill prospects lift ethanol stocks
The Biofuels Digest Indexâ„¢, a basket of public biofuels stocks, rose 0.99 points yesterday to close at 103.37, as rising prices for pure-play ethanol stocks offset mixed results from large cap agribusiness.
Among large caps, Archer-Daniels-Midland (ADM) led the sector, up 0.76 percent to $35.97. Pacific Ethanol was up 1.08 percent to $4.64 despite a downgrade [...]
Today in Biofuels: 2007 US Energy Bill imminent; India’s fuel marketers say red-tape is killing E5
Top Story:
In Washington, agreement is reported to be imminent on the 2007 Energy Bill. The House and Senate have been working to reconcile the provisions in their respective bills since the summer. Reports from Washington say that the agreement could be finalized as soon as today. Compromise provisions in the bill are expected to include [...]
Biofuels Digest Indexâ„¢ gains 0.51 percent to close at 102.36; large caps up, ethanol pure plays down
The Biofuels Digest Indexâ„¢, a basket of public biofuels stocks, rose 0.51 percent to 102.36 yesterday as large cap diversified agribusiness recovered even while mid cap ethanol stocks fell across the board. The Andersons (ANDE) was up 1.55 percent to close at $41.20 while, among mid caps, Aventine (AVR) fell 2.74 percent to close at [...]
2007 Energy Bill imminent from Congress; 36 billion gallon Renewable Fuel Standard expected to survive
In Washington, agreement is reported to be imminent on the 2007 Energy Bill. The House and Senate have been working to reconcile the provisions in their respective bills since the summer. Reports from Washington say that the agreement could be finalized as soon as today.
Compromise provisions in the bill are expected to include a 35 [...]


