Archive for April, 2008
Brazil’s Brenco projects $3.2 billion from IPO this year or in 2009
In Brazil, Brenco said that it expects to raise $3.2 billion from an IPO no later than 2009, and will use the proceeds to construct 10 ethanol plants by 2015 with a planned capacity of 1 billion gallons per year. The company has invested more than $1 billion to date in the construction of four [...]
Monsanto, Mendel partner to develop high-yield Chinese miscanthus for US market
Monsanto will provide crop-testing, breeding and seed-production services to the Bioenergy Seeds & Feedstocks unit of Mendel Biotechnology in new partnership just announced. Mendel will apply the techniques to unique Chinese strains of miscanthus it owns, in hopes of introducing high yield biofuel miscanthus to the US market. Both Monsanto and BP own stakes in [...]
Norway’s Statoil Hydro to produce biodiesel in Angola
In Angola, Norwegeian oil company StatoilHydro announced a partnership with Sonangol to produce biodiesel, as soon as Angolan legislation clears the way for the venture. Capacity and timelines were not disclosed; Statoil has been long active in Angolan oil exploration.
Last year, in another Portuguese-language development, StatoilHydro and Brazil’s Petrobras signed an agreement for joint [...]
UK Transport company switches 15-truck fleet to ‘pure plant oil’, Verdent Fuel, to reduce GGEs 70 percent
UK transport company H. Wragg Transport has converted its fleet of fifteen 44-tonne tractor units to Verdant Fuel, a canola-based fuel oil which achieves 70 percent reductions in greenhouse gas emissions. The “pure plant oil” was evaluated in a pilot test before full conversion. The trucks have been modified to hold secondary tanks, so that [...]
Biofuels Digest Index gains 0.21 percent on agribusiness gain; Archer Daniels Midland reports 42 percent earnings growth
The Biofuels Digest Indexâ„¢ (BDI), a basket of public biofuels stocks, gained 0.21 percent to close at 131.33, on gains in agribusiness offset by ethanol setbacks. For the day, The Andersons (ANDE) rose 1.36 percent to $46.25, while Pacific Ethanol fell 5.58 percent to $3.72 to lead the ethanol downtrend. Among small caps, [...]
Indiana Ethanol Power moves to contract stage on 20 Mgy solid-waste-to-ethanol plant
Indiana Ethanol Power has commenced contract negotiations with Lake County Solid Waste Management District for its proposed 20 Mgy waste-to-ethanol plant. The plant will use the GeneSyst process to convert solid waste to ethanol. Construction is expected to commence in 2008, and production in 2010.
Waste-to-ethanol projects have been increasingly visible in recent months.
• In New [...]
Masada awaiting green light from Middletown, NY on 10 Mgy waste-to-ethanol plant
In New York, Masada said it is awaiting a green light from the the city council of Middletown to proceed with a 10 Mgy waste-to-ethanol plant. The plant, which was originally proposed in 1996, has cost more than $40 million in its development phase, according to the Times-Record. The plant is scheduled for completion this [...]
Today in Biofuels: Ethanol tax credit to drop to 45 cents in US; Brazil’s president says “Stop your hypocrisy” over tariffs; Peru attacks foreign ethanol, OKs local plant
Top Story:In Washington, the tax credit for ethanol is ready to drop from 51 cents per gallon to 45 cents and a special tax credit will be developed for second-generation biofuels, after a compromise was reached in the long stalled Farm Bill between Senate and House negotiators. The bill contains $900 million for biofuels development, [...]
Ethanol tax credit to drop to 45 cents per gallon in Farm Bill compromise
In Washington, the tax credit for ethanol is ready to drop from 51 cents per gallon to 45 cents and a special tax credit will be developed for second-generation biofuels, after a compromise was reached in the long stalled Farm Bill between Senate and House negotiators. The bill contains $900 million for biofuels development, $900 [...]
Today in Biofuels Opinion: “the federal government’s wholehearted embrace of biofuels may be based on false premises”
The Ottawa Citizen editorializes: “Using food to produce fuel is hardly a crime against humanity…But credible economists like Princeton’s Paul Krugman do fear that corn-based ethanol production is “a really bad policy.”…Biofuel production alone has not created the food crisis. Other factors, such as higher demand for grain to feed livestock in China, a multi-year [...]
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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 -
