Archive for April, 2009
Biofuels Digest Index gains 0.94 percent on large cap rise
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 0.94 percent on large cap advances. Archer Daniels Midland (ADM) rose 1.16 percent to $24.48, while BP gained 1.15 percent to close at $43.11. Among small caps, Verenium (VRNM) lost 8.57 percent to $0.32.. Overall, advances led declines 3 to 2 for the [...]
FedEx announces 30×30 initiative to convert to 30 percent biofuels by 2030
In Tennessee, FedEx announced that it will use biofuels for 30 percent of its fuel supply by 2030, and said that it expects to utilize switchgrass and jatropha-based biodiesel as well as other advanced biofuels. The FedEx 30×30 initiative was annoucned as well as a request by CEO Fred Smith that the Obama Administartino step [...]
Obama Administration launches Advanced Research Projects Agency-Energy (ARPA-E), establishes offshore renewables development framework
Major announcements came from Washington regarding new advanced projects energy research funding and rules for offshore development.
The Administration announced the launch of the Advanced Research Projects Agency-Energy (ARPA-E), modeled after the Defense Advanced Research Projects Agency (DARPA), which was authorized by Congress in 2007 and funded through the $400 million from the American Recovery and [...]
Illinois landfill, Big River Resource ethanol plant in waste deal
In Illinois, Knox County Landfill said that it expects to seal a deal to accept 15-20 tons of ethanol and related byproducts from the Big River Resources ethanol plant at its landfill, generating $16,000 per month for the county.
Valero expects new ethanol unit to break even in 2009
In Texas, Valero reported results for the first quarter of 2009, and said that it expects its ethanol business, bought from the VeraSun bankruptcy, to break even in 2009. The company reported net income of $309 million for the first quarter, up 23 percent over the corresponding quarter in 2008. The company said that gasoline [...]
One third of US biodiesel plants idled; Nebraska biorefinery fails to find a buyer
In Nebraska, the Chapter 7 bankruptcy trustee for the idled 50 Mgy Beatrice Biodiesel plant in Beatrice said that he has not found a buyer for the biodiesel plant, despite seven months of searching. The Beatrice Daily Sun, in profiling the plant’s lack of a buyer, said that the National Biodiesel Board reports that at [...]
Today in Biofuels Opinion: “How could the ARB’s lead resource…have such a biased view?”
Mitch Hawkins CEO of JatrophaBioJet Corporation: “The introduction of [the Waxman-
Markey bill] marks the beginning of broader, new changes in climate activity for American busi-
ness. The consensus … was that the bill would work its way through the labyrinth of Congress and be signed by the President by the end of 2009. The impact for [...]
Africa Bioenergy Conference in Ethiopia is deal-making center for ministers, ambassadors, CEOs and industry stakeholders
In Ethiopia, the Second Africa Bioenergy Conference & Expo will take place June 16-18, 2009 at the United Nations Conference Center (UNCC) in Addis Ababa, Ethiopia.
H.E. Meles Zenawi, Prime Minister of Ethiopia and H.E. Alemayehu Teguenu, Minister of Mines and Energy will take part in the conference, which will bring ministers, ambassadors, CEOs and key industry stakeholders together [...]
Brazilian research team cuts sugarcane ethanol production waste by 50 percent
In Brazil, researchers from Fermentec said that they have cut the volume of vinasse, a by-product of sugarcane ethanol production, by half by increasing the ethanol concentration in fermentation to 16 percent without affecting yield. The research team said that this process could reduce vinasse residues at Brazilian ethanol plants by 43 Mgy and save [...]
South Korea says it will produce 396 Mgy of ethanol from 86,000 acres of new offshore seaweed forests
In South Korea, national energy officials confirmed that the country will invest $275 over ten years to create 86,000 acres of offshore seaweed forests that will produce up to 396 Mgy of ethanol by 2020. The production capacity would replace up to 13 percent of South Korea’s petroleum consumption.
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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 -
