Mar 8, 2017
Capital Corp Merchant Banking gives green light to $18m funding for Californian biodiesel project
Biodiesel News
Mar 3, 2017
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... [Read More]
Biodiesel News
Feb 15, 2017
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... [Read More]
Biodiesel News
Feb 9, 2017
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... [Read More]
Biodiesel News
Feb 8, 2017
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... [Read More]
Biodiesel News
Feb 7, 2017
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... [Read More]
Biodiesel News
Feb 7, 2017
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... [Read More]
Biodiesel News
Feb 6, 2017
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... [Read More]
Biodiesel News
Feb 1, 2017
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... [Read More]
Biodiesel News
Jan 30, 2017
Finnish forest industry company UPM has featured on news programme CNN espousing the benefits of using biofuels.
In an Eco Solutions programme entitled ‘The sustainable fuel growing on trees’, UPM Biofuels’ vice president Sari Mannonen discussed the process of making its wood-based diesel fuel – UPM BioVerno diesel.
UPM BioVerno is a local, Finnish... [Read More]
Biodiesel News
Jan 30, 2017
Indonesia’s Coordinating Minister of Maritime Affairs, Luhut Binsar Panjaitan, has said the country will reduce imports and promote the use of palm oil usage for biofuels to reduce its dependency on other countries, due to an uncertain global environment.
According to local website netralnews.com, Panjaitan said Indonesia must be read to face changes in a current... [Read More]
Biodiesel News
Jan 27, 2017
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,... [Read More]
Biodiesel News
Jan 25, 2017
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... [Read More]
Biodiesel News
Jan 25, 2017
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... [Read More]
Biodiesel News
Jan 23, 2017
The closing session of the National Biodiesel Conference & Expo provided an opportunity to celebrate the accomplishments of the past year while also taking a peek at how America’s Advanced Biofuel will fuel the country’s future in 2017 and beyond.
“There were a number of milestones reached in 2016 that will have a significant and very positive impact... [Read More]
Biodiesel News
Jan 19, 2017
Figures reveal that FirstGroup, a British transport group, has increased its use of alternative fuels, such as biodiesel, gas, and electric engines.
In its North American businesses, alternative fuel usage increased by almost 3% in the first half of the 2016/17 financial year.
During this period, more than 63 million miles were travelled by vehicles running on biodiesel,... [Read More]
Biodiesel News
Jan 19, 2017
World Energy Biox Biofuels (WEBB), a joint venture between World Energy and Biox, has completed the commissioning of its 90 million gallon nameplate capacity biodiesel production facility in Texas.
The facility, located in Houston and operating two equal-sized production trains, started operating at full capacity in December 2016.
"The commissioning of the Houston facility... [Read More]
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