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RSSArchive for March, 2009

Aviation, sustainability execs gather for Aviation and Environment Summit

In Switzerland, aviation and sustainability executives are gathering in Geneva for the fourth Aviation and Environment Summit that will discuss and review new opportunities for sustainable aviation biofuels following a series of successful biofuel flight tests organized by Boeing along with various engine makers and airlines. Last year, top industry leaders signed a declaration of [...]

Biofuels Digest falls 3.09 percent to 48.09 on large cap trauma

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 3.65 percent to 8.09 on large cap trauma. Archer Daniels Midland (ADM) fell 4.03 percent to $27.38, while British Petroleum (BP) fell 5.26 percent to $39.43. Among small caps, Pacific Ethanol (PEIX) gained 3.13 percent to $0.33. Overall, declines led advances [...]

Venice to produce half its power from algae, as skeptics question algae economic viability, entrepreneurs claim breakthroughs on costs

The feasibility of algae as a biofuel feedstock is under scrutiny with three separate but related developments in the US and Italy. In Italy, the city of Venice has announced a 200 million euro project to capture “Sargassum muticum” and “Undaria pinnatifida” algae seaweed and generate 40 MW of power from algae biofuel. The proposed [...]

Biofuel Energy reports $89 million loss on revenues of $179.9 million for 2008

In Colorado, Biofuel Energy reported losses of $12.3 million for the fourth quarter and $84.1 million for 2008, on revenues of $89.0 million for the quarter and $179.9 million for the year. The company cited tough ethanol trading conditions for the loss, and did not give a sign of a fast turnaround in 2009.

Milan Biodiesel may be sold to Crestwood Energy; local safety officials give A-OK on safety fears raised by ex-employee

In Michigan, troubles surfaced at Milan Biodiesel, which now has a proposed takeover by Crestwood Energy.
A dispute emerged between what the company called a disgruntled former employee, Gary Zack, who has alleged numerous safety concerns at the plant and alleges that repayment of investments have not been received. Local safety officials said, after investigation, that [...]

POET completes landfill methane gas pipeline; will provide $1.8 million in annual income to city landfill, offset 90 percent of POET Chancellor plant natural gas needs

In South Dakota, POET Biorefining and the city of Sioux Falls have completed a landfill gas pipeline that will supply methane gas to the 105 Mgy POET plant at Chancellor. The  10-mile, low-pressure pipeline from the Sioux Falls Regional Sanitary Landfill will provide the landfill gas used a wood waste-fuel boiler to generate process steam.
The [...]

Today in Biofuels Opinion: “The man-made global warming hoaxers are making it very clear what their objective has been all along, and that is fleece the United States of America.”

Dr. Lourdes Maurice, Commercial Aviation Alternative Fuels Initiative Environment Team lead and FAA scientist: “Aviation
has made enormous progress in the last three years identifying and testing technologies. We’re convinced that the public-
private partnership that CAAFI represents will help commercial aviation be a ‘first mover’ in the deployment of alternative fuels.”
Rush Limbaugh: “A United Nations document [...]

Canadian researcher says $80 billion export potential from biofuels made from beetle-infested trees

In Canada, environmental engineer Paul Nash of Sustainable Solutions International released an analysis of wood-waste opportunities in British Columbia, which along with Alberta has been devastated by beetle infestations. Nash pointed out that the US-Canada softwood lumber trade agreement places restrictions on the export of woods, but not fuels made from woods.
He said that the [...]

Greenway Biodiesel opens 5 Mgy biodiesel plant in Canada; Manitoba’s first

In Canada, Greenway Biodiesel is preparing to open a 5 Mgy biodiesel plant in Manitoba, that will export biodiesel to the Minnesota market. Company executives said that they will export 100 percent of the fuel to take advantage of the $1 biodiesel blending credit in the US. The Manitoba government has pledged to establish a [...]

Gushan adds new biodiesel capacity in Beijing; three new plants planned in China

In China, Gushan Environmental Energy announced that it has commenced production at the company’s expanded biodiesel plant in Beijing, adding 50,000 tonnes (165 Mgy) in new capacity. The company already has a 30 Mgy (100,000 tonne) plant in Fujian, and plans to open new biodiesel plants in Chongqing and Hunan in the second quarter of [...]