In Washington, BIO thanked Senators Bill Nelson (D-Fla.), Jeff Bingaman (D-N.M.), John Kerry (D-Mass.), Al Franken (D-Minn.), Debbie Stabenow (D-Mich.), Jeff Merkley (D-Ore.), Ron Wyden (D-Ore.) and Tom Udall (D-N.M.) for their request to Senate leadership for the extension of the cellulosic biofuel tax credits and eligibility for algae biofuels. A copy of the Senators’ […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, soared 3.89 percent to close at 69.64 as global equities advanced strongly on good macroeconomic tidings. For the day, Archer Daniels Midland (ADM) jumped 3.96 percent to $28.35, while Amyris (AMRS) rocketed up 5.63 percent to $10.51. Among other equities, Codexis (CDXS) recovered 8.00 […]
The first gas fermentation technology to come to the public markets: Coskata files its $100 million IPO. Here’s our 10-minute version of the filing, with a translation of the risks into English. In Illinois, Coskata has filed an S-1 registration statement for a proposed $100 million initial public offering. The number of shares to be […]
The first gas fermentation technology to come to the public markets: Coskata files its $100 million IPO. Here’s our 10-minute version of the filing, with a translation of the risks into English. In Illinois, Coskata has filed an S-1 registration statement for a proposed $100 million initial public offering. The number of shares to be […]
In Nebraska, Green Plains Renewable Energy executed an agreement to acquire the grain elevator assets of KW Carter Company d/b/a JW Grain located in St. Edward, Nebraska. JW Grain holds 1.9 million bushels of state-licensed grain storage and is located approximately 40 miles from the Company’s Central City, Nebraska ethanol production facility. The JW Grain […]
In Washington, the Coast Guard announced its intent to enter into a Cooperative Research and Development Agreement with Cummins, Inc., to identify and investigate the advantages, disadvantages, required technology enhancements, performance, costs, and other issues associated with using biodiesel fuel blends in marine inboard engines, with the overarching goal of reducing their Greenhouse Gas (GHG) […]
In Nebraska, Kansas City, Mo.-based Spectrum Business Ventures plans to finish construction of and re-open the shuttered E3 Biofuels plant near Mead by late spring. The facility was shut in 2006 after a boiler explosion, volatile corn prices and other factors forced the company into bankruptcy. Upon completion, it will produce 25 million gallons of […]
In the UK, Shell has won the fight launched against it by ActionAid UK that claimed false advertising in the company’s ads saying that biofuels lowered greenhouse gas emissions. The country’s Advertising Standards Authority ruled the ad was not misleading as evidence provided by Shell demonstrated its biofuels met or exceeded targeted savings of greenhouse […]
In the UK, Shell has won the fight launched against it by ActionAid UK that claimed false advertising in the company’s ads saying that biofuels lowered greenhouse gas emissions. The country’s Advertising Standards Authority ruled the ad was not misleading as evidence provided by Shell demonstrated its biofuels met or exceeded targeted savings of greenhouse […]
In Tanzania, the Tanzania Petroleum Development Corp. plans to import fuel ethanol from Brazil but the move has upset Illovo Sugar, the country’s major sugar producer who currently has plans to install a 12 million liter per year ethanol production facility set to come online in mid-2013.
