In Indiana, VERBIO North America Holdings Corp signed a contract with MERCURIA INVESTMENTS US, INC. to purchase its 100 percent equity interest in South Bend Ethanol, LLC, a limited liability company that owns and operates an ethanol plant in South Bend/Indiana, USA. The ethanol plant has an annual production capacity of approximately 250,000 metric tons […]
In Germany, Nippon Gases Deutschland, a European subsidiary of Nippon Sanso Holdings Corporation, is set to cooperate with VERBIO Vereinigte BioEnergie AG to recover biogenic CO2. To this end, the industrial gases specialist Nippon Gases is investing in the construction of a modern plant for the purification and liquefaction of CO2 from VERBIO’s bioethanol production […]
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 […]
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 […]
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, […]
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 […]
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 […]
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, […]
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 […]
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 […]
