Archive for October, 2008
First biofuel-powered trans-US flight underway: California-to-Kitty Hawk on biodiesel
The first transcontinental biofuels-powered flight across the US is underway. The THH team’s flight, originating in Chino, CA is planned to conclude today at Kitty Hawk, NC, near the spot where the Wright Brothers first demonstrated engine-powered flight in 1903. The biodiesel-powered small propeller-based aircraft is overnighting in Ft. Smith, AR. Updates on the flight [...]
Biofuels Digest Index gains 1.75 percent to 55.35 as energy stocks rally
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, rose 1.75 percent to close at 55.35. Archer Daniels Midland (ADM) rose 5.23 percent to close at $22.54, while VeraSun Energy (VSE) gained 16.33 percent to $0.57. Among small caps, Biofuel Energy (BIOF) fell 20.31 percent to $0.51. Overall, advances led declines 5 to [...]
VeraSun mulling bankruptcy, obtains debtor-in-possession financing, report says
In South Dakota, reports have emerged that VeraSun Energy is considering a bankruptcy filing. Shares of the company’s stock plunged 53.3 percent yesterday to $0.49 after Debtwire filed a story on Tuesday obtained debtor-in-possession financing from Ableco Finance, the speciality finance arm of Cerberus Capital.
Oppenheim Research analyst Joseph Gomes quoted an unnamed VeraSUn manager who [...]
Gevo, ICM partner to produce butanol, green gasoline at retrofitted ethanol plants
In Colorado, Gevo announced that it had signed a partnership with ICM to produce isobutanol and hydrocarbons at retrofitted ethanol plants. The agreement calls for Gevo’s demonstration plant to be located at the ICM research center in St. Joseph, MO. ICM will also serve as primary contractor for ethanol plant retrofits. Gevo’s technology produces isooctene [...]
80 Mgy Sunnyside Ethanol gets OK to submit for building permit in Pennsylvania
In Pennsylvania, the Curwensville Borough Council voted to permit Sunnyside Ethanol to apply for a building permit prior to the completion of a traffic impact study. The construction price for the 80 Mgy corn ethanol is projected at $310-$400 million. Earlier in October, the council had voted to delay acceptance of a building permit application [...]
Cavitation Technology completes reverse-merger, starts commercialization of cost-clashing biodiesel production technology
In California, Cavitation Technology completed a reverse merger and is now trading over-the-counter as CVAT. Cavitation Technology is an engineering and manufacturing company, specializing in the production of the biodiesel equipment. Its BioForce 9000 technology utilizes a patent pending flow-trough NANO cavitation technology (NCT) which reduces costs and time of biodiesel production process by 7-10 times. With [...]
Today in Biofuels Opinion: “In Africa, the biofuel frenzy is the newest form of colonialism.”
Meredith Niles in Gristmill: “Biofuel production in Mozambique is not a Congressional mandate or an attempt to wean a country off of its massive oil dependence. In Africa, the biofuel frenzy is the newest form of colonialism, as corporations throughout the world fight for a stake in the fertile soils of an impoverished continent. With [...]
India’s CJP proposes 5 billion jatopha tree plantation and 2.5 billion gallon biodiesel operation
In India, the Centre for Jatropha Promotion & Biodiesel released a plan to plant 5 billion jatropha plants to support a 2.5 billion gallon per year biodiesel operation in Rajasthan, Gujarat and Madhya Pradesh. The Centre said that it will contract with 30 Zonal Bio-business Partners at the state level, 210 District Bio-business Partners at [...]
Gushan is subject of “Chinese Alt-Energy Stock Set to Spike” story, spiking its stock
In China, Gushan (GU) received a boost for its NYSE-traded stock when thestreet.com gave it a boost with its Stockpickr story on the company, “Chinese Alt-Energy Stock Set to Spike”. The story noted that the company is trading in the $3 range with $2 in cash and no debt. Earnings per share are projected by [...]
Aquaflow Bionomic, UOP sign algae fuel production partnership
In New Zealand, Aquaflow Bionomic announced an agreement with UOP Honeywell for algae fuel. Under the agreement, the companies will use Aquaflow’s algae and UOP’s algal fuel production process. Aquaflow is growing wild algae in Marlborough using oxidation ponds where the algae consumes effluent and purifies water.
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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 -
