Biodiesel News

The US will celebrate National Biodiesel Day on 18 March, 2017, to highlight the benefits of biodiesel. Rudolf Diesel, who invented the engine that bears his name, ran early models on peanut oil, and was an ardent believer in vegetable oil-based fuel. That’s why the biodiesel industry honours Diesel by making his birthday, March 18, National Biodiesel Day. “For National Biodiesel Day,…
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Spanish oil and gas firm Cepsa has formalised the purchase offer of Abengoa’s biodiesel plant in San Roque (Cádiz). The process concluded with Abengoa’s acceptance of Cepsa’s €8 million binding offer for the total purchase of the asset. With this operation, Cepsa culminates the integration of the biofuels production unit at its San Roque plant where fuels are…
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A new investigative report has been unveiled revealing more information about Nideria’s biofuels trading loss, often dubbed as one of the biggest scandals in the history of the Dutch market. Last year, the Dutch grain-trading firm reported that it lost nearly $200 million over three years due to what it called “severe” irregularities by a single trader in biofuels.  It…
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The National Biodiesel Board (NBB) has appointed Doug Whitehead as its chief operating officer. Whitehead joins the executive team after ten years in various roles with the organisation, most recently as the director of operations and membership. “Doug has admirably served the biodiesel industry in his various roles at NBB over the years and his experience and expertise in operations,…
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The Rwandan government is abandoning a $35 million (€33m) biodiesel pilot project, according to a report in The East African. Officials of the National Industrial Research and Development Agency (NIRDA) told Rwanda Today that the government decided to ditch the project after realising it was not viable. NIRDA director-general Joseph Mungarurire cites difficulty in finding raw…
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UK motorists are turning away from buying diesel cars and buying “more eco-friendly” ones, new figures from the Society of Motor Manufacturers and Traders (SMMT) suggest. In a statement, the SMMT said that 78,778 diesel cars were sold in January, a drop of 4.3% on the same month last year.  Over the same period sales of electric cars and other alternatively-fuelled vehicles…
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Finnish renewable diesel producer Neste has posted a 6% rise in full-year operating profit to €983 million, compared to €925 million in 2015, helped by strong demand for its renewable products. In its 2016 full-year financial statement, the company stated that its renewable products business recorded a full-year comparable operating profit of €469m, compared to €402m in…
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Greenergy, a UK-based waste-to-biodiesel producer, has announced that it has reached agreement for Canada-based business services and industrial company Brookfield Business Partners to take over and invest in its business with the aim of accelerating growth. Existing Greenergy management shareholders will invest alongside Brookfield Business Partners and will retain a 15% share in the…
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A Washington man was sentenced this week for laundering more than $39 million for a company that bilked federal programs supporting renewable energy, according to Tri-City Herald. Richard Estes, 77, was part of a conspiracy involving Pasco-based Gen-X Energy Group. US District Court Judge Salvador Mendoza, Jr. sentenced him to eight years and nine months in prison after Estes previously pleaded…
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US consumers saw a record of almost 2.9 billion gallons of biodiesel and renewable diesel in 2016, outpacing the previous record by almost 40%, according to figures released by the US Environmental Protection Agency (EPA). Also for the first time ever, the monthly market topped 300 million gallons, with December’s numbers coming in at 362 million gallons. “We are proud to be…
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Renewable diesel company Neste has produced 10,000 litres of renewable diesel from waste produced from ham fat. It took the waste fat from 40,000 Finnish households last Christmas. The households donated the waste fat from their Christmas hams to the charity campaign "Kinkkutemppu" which literally translates into Ham Trick. In a statement, Neste said it donates the value of the product to Hope,…
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The global biodiesel market is projected to reach a total worth of $41.18 billion (€38.45bn) by 2021, growing at a compound annual growth rate of 3.8%. A new study by RnR Market Research states biodiesel’s non-toxic and environmentally friendly properties, along with its greenhouse gas (GHG) reductions, will increase its demand in automotive, power generation, marine, railway,…
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