Tag: Verbio

Verbio may convert eastern German oil refinery to renewables

Verbio may convert eastern German oil refinery to renewables

May 23, 2022 |

In Germany, Reuters reports the Handelsblatt newspaper said that Verbio could be looking at refurbishing the PCK Schwedt refinery in eastern Germany into biofuel production, a facility that Alcmene Group is trying to take over, although neither company commented on the report. The facility, majority owned by Russian energy company Rosneft, is reliant on imports […]

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VERBIO opens renewed Nevada biorefinery

VERBIO opens renewed Nevada biorefinery

May 9, 2022 |

In Iowa, on the occasion of the official opening ceremony on May 6th, VERBIO CEO Claus Sauter said in front of the attending state Governor Kim Reynolds and other representatives from politics and business: “The plant in Nevada (Iowa) is our first plant in the USA. Until summer 2022, we will achieve full-scale production. Then […]

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Verbio begins RNG production at Nevada facility

Verbio begins RNG production at Nevada facility

December 8, 2021 |

In Iowa, VERBIO has commenced production at its new production plant in Nevada (Iowa, USA). The plant will generate biomethane from maize straw, and is the first large-scale commercial plant in the USA to use the technology developed by VERBIO.  After a construction period of two-and-a-half years Greg Faith, Managing Director of VERBIO Nevada LLC, […]

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VERBIO North America launches farm services arm to support RNG production

VERBIO North America launches farm services arm to support RNG production

December 8, 2020 |

In Michigan, VERBIO North America Corp (VNA) announced the formation of VERBIO Farm Services LLC (VFS) as the company progresses towards the successful startup of its Renewable Natural Gas production facility located in Nevada, Iowa. The facility has been under construction since early 2019, following VNA’s late 2018 purchase of the former DuPont cellulosic ethanol […]

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RNG heats up with slurry of 2020 deals, big players involved, Chevron, BP, Brightmark, Aemetis, Verbio, Greenlane Renewables

RNG heats up with slurry of 2020 deals, big players involved, Chevron, BP, Brightmark, Aemetis, Verbio, Greenlane Renewables

October 11, 2020 |

Brightmark and Chevron just formed a joint venture to own projects across the United States to produce and market dairy biomethane. Greenlane Renewables signed a $5.8 million contract with Brightmark. Construction started in Ohio on a $33 million RNG project. Verbio’s RNG facility slated to be running by fall 2021. A new RNG facility is […]

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Verbio’s RNG facility at former DuPont cellulosic ethanol plant seen for fall 2021

Verbio’s RNG facility at former DuPont cellulosic ethanol plant seen for fall 2021

September 7, 2020 |

In Iowa, Energy News reports Verbio is installing an anaerobic digester at the former DuPont cellulosic ethanol plant it purchased in 2018 to mimic the installations it has at existing facilities in Germany. The add-on will use up to 100,000 tons of corn stover annually to produce the equivalent of 20 million gallons of gasoline, […]

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Limited Biofuels M&A Activity in 2019, Stage Set for Potentially Busy 2020

Limited Biofuels M&A Activity in 2019, Stage Set for Potentially Busy 2020

February 18, 2020 |

By Bruce Comer, Founder and Managing Director, Ocean Park Special to The Digest Slowdown in North American biofuels Mergers and Acquisitions as thin margins and policy uncertainty hung over industry. Biofuels Merger and Acquisition (M&A) activity in North America was subdued in 2019. Only four operating biodiesel, ethanol and advanced biofuels plants were sold during […]

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VERBIO acquires biodiesel plant in Canada

VERBIO acquires biodiesel plant in Canada

May 5, 2019 |

In Germany, VERBIO Diesel Canada Corporation, a wholly owned subsidiary of VERBIO Vereinigte BioEnergie AG, signed a contract with Atlantic Biodiesel Corporation to purchase a biodiesel plant located in Dain City, Ontario, Canada. The plant has an annual production capacity of approximately 150,000 tons of biodiesel and 18,000 tons of raw glycerin. The North American […]

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DuPont to repay $10.5M in state incentives to Iowa

DuPont to repay $10.5M in state incentives to Iowa

November 18, 2018 |

In Iowa, economic development leaders for the state approved a settlement that requires DuPont to repay $10.5 million in state incentives that it received back in 2011 for its ethanol plant that they closed last year. The settlement is waiving $3.7 million of the incentives. Last week, the Digest reported that VERBIO North America was […]

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Verbio CEO says Argentina and Indonesian biodiesel imports could reach 5 million tons

Verbio CEO says Argentina and Indonesian biodiesel imports could reach 5 million tons

March 27, 2018 |

In Germany, Reuters reports the CEO of German biofuels producer Verbio AG said Argentine and Indonesian biodiesel producers can sell landed biodiesel in Europe for as much as $60 per metric tons cheaper than European biodiesel producers can source feedstock, meaning the European market is likely to be inundated with imports following the European Court […]

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