Biofuels Digest Index adds Valero, OriginOil, PetroAlgae, Ligno Energy, SunOpta and Greenhunter

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, reshuffled its portfolio of constituent companies to reflect a shift among public companies towards second-generation feedstocks and fuels.

Joining the 29-stock Index as of today are: Valero (VLO), Origin Oil (OOIL), Verenium (VRNM), PetroAlgae (PALG.OB)], Lignol Energy (LEC), SunOpta (STLK.T) and GreenHunter. OriginOil and PetroAlgae are the first algae-to-energy companies in the index, while Verenium and Lignol are among the first second-generation cellulosic ethanol companies to join the index.

“Second generation biofuels are available now and ready to track as investment opportunities. It’s especially pleasing to bring new cellulosic ethanol technologies like Verenium and algae-to-energy systems like OriginOil and PetroAlgae into the mix.,” said Biofuels Digest editor and publisher Jim Lane.

Valero, which purchased several plants from bankrupt VeraSun Energy, will replace VeraSun in the Index. Other companies besides VeraSun leaving the Index are Algodyne Ethanol, MGP Ingredients, Panda Ethanol, Renew Energy, and Tiger Ethanol. MGP Ingredients has indicated that it will exit the ethanol busineas, while the others have lost significant market cap or have declared bankruptcy.

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

Stocks

The component stocks of the Biofuels Digest Index are: Archer-Daniels-Midland (ADM) The Andersons (ANDE) Aventine Renewable Energy (AVR) Bluefire Ethanol (BFRE.OB) BioFuel Energy (BIOF) Britis...

Biofuels Digest Index slumps 4.38 percent to 57.70 on Valero tumble

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, slumped 4.38 percent  to 57.70 on a big fall in Valero after disappointing forward guidance from the company.  For the day, Ar...

Biofuels Digest Index drops 3.90 percent to 46.33 as large caps sink

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 3.90 percent to 46.33 on large cap declines.  Archer Daniels Midland (ADM) fell 5.96 percent to $24.62, while Valero (VLO)...

OriginOil announces breakthrough one-step process to extract oil from algae without dewatering; clears barrier to algae commercialization

In California, OriginOil announced a breakthrough, one-step process for extracting oil from algae. The company said that its patent-pending process does not require chemicals or significant capital ex...

OriginOil partners with Idaho National Laboratory for commercial scaling of algae-based fuels

In Idaho, OriginOil announced a multi-phase Cooperative Agreement with the Idaho National Laboratory that will focus on validation and commercial scaling of algae-based fuels. In the initial phase, th...

GreenHunter Energy acquires L&L, biodiesel distribution network

In Texas, GreenHunter Energy  announced an agreement to acquire L&L Holdings, which includes seventeen facilities along the Gulf Coast, including deepwater terminal access at three locations. The...