Archive for May, 2008
AGRO Biotechnology to build a 68 Mgy biodiesel in Malaysia
In Malaysia, AGRO Biotechnology Technovation announced that it is building a 68 Mgy biodiesel plant, at a project cost of $281 million. The plant will open in March 2010. The company said that it expects to sign a $2.5 billion off-take agreement with Habib Oil of Uganda, associated with Tamoil East Africa, the Libyan state [...]
GreenHunter Biofuels signs 25 Mgy biodiesel processing agreement
In Texas, GreenHunter BioFuels announced that it has signed a 2-year, 25 Mgy biodiesel processing agreement for the company’s plant in Houston. The company expects to commence operations next month at its 105 Mgy faciliity, and will produce B99.
Biofuels Digest Index drops 4.58 percent on bad reaction to ADM working capital equity raise
The Biofuels Digest Indexâ„¢ (BDI), a basket of public biofuels stocks, had a shock drop of 4.58 percent to 111.81 as investors reacted to a potential drop in earnings per share at ADM after a $1.75 equity offering, combined with overall weakness in ethanol stocks. For the day, Archer Daniels Midland (ADM) fell 4.98 [...]
Central Ohio Transit Authority abandons B10 blend, citing biodiesel costs
In Ohio, the Central Ohio Transit Authority has discontinued a two-year program of blending biodiesel, due to high prices. COTA executives said that a two-year agreement for biodiesel at $2.40 per gallon has expired and the organization is facing new spot prices of $4.44 per gallons, and said that COTA was better off using conventional [...]
Bipartisan Senate group, the Ethanol Six, denounces Grocery Manufacturers “smear campaign” against biofuels
A bipartisan group of six US Senators held a press conference yesterday to denounce the Grocery Manufacturers Association for engaging what they termed a “smear campaign” against ethanol, and called on the association to cease funding a campaign aimed at fostering a “global center-left coalition” against biofuels. “They need to blame someone for high grocery [...]
Today in Biofuels Opinion: “Jet A-1 at $US172 gives a hell of a lot of people a hell of a lot of encouragement to get on and make it happen bloody quickly”
Air New Zealand Deputy CEO Norm Thompson: “Our goal within the organisation is certainly to get into a position where we could run if not all, certainly part of our domestic fleet on biofuels. Believe you me, this is happening quicker than we had planned. It is really advancing quite quickly and the way Jet [...]
Chinese researchers increase biogas yield from rice straw by 65 percent
In China, researchers say that they have developed a process to increase the conversion rate of rice straw into biogas by 65 percent. More than 230 million tonnes of rice straw are left over from harvests each year, but to date rice straw has proved resistant in the conversion process. The researchers pretreated [...]
Pure Biofuels completes expansion at 10 Mgy biodiesel plant in Peru
In Peru, Pure Biofuels said that it had completed expansion construction at its 10 Mgy InterPacific Oil biodiesel plant, and the company expects to commence operations at the expanded 10 Mgy capacity by July.
Peruvian president Alan Garcia recently said that Peru is a victim of the ethanol industry, which he said increased food prices. “It’s [...]
Pacific Ethanol capital raise clears path for completion of California corn ethanol plant, analyst says, but liquidity concerns remain
Raymond James analyst Pavel Molchanov released a report on Pacific Ethanol’s capital raising activities in the face of a liquidity challenges brought on by construction cost overruns and increasing costs for corn feedstock. Molchanov said that the company could be expected to use $5.75 million raised from management and insiders to alleviate working capital needs, [...]
New breakthrough on ethanol thin stillage promises savings of up to $800 million on energy and 10 billion gallons of water
In Iowa, researchers have developed a fungi-based process that could could save the ethanol industry up to $800 million in energy costs and $10 billion gallons per year in water usage. The process adds fungi to a byproduct known as “thin stillage” that allows the water content to be recycled. Previously, 50 percent of thin [...]
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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 -
