Bioethanol News
Synata Bio, a newly formed Illinois energy company, has won the auction to purchase Abengoa Bioenergy’s Kansas cellulosic ethanol plant for $48.5 million (€45.5m).
With its final offer, Synata outbid Shell Oil Company’s $40.8 million offer by nearly $8 million, according to court documents.
Synata now owns cellulosic ethanol technology formerly owned by Coskata, which was…
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Claims from consumer advocates that Queensland motorists will pay millions more for fuel each year after the introduction of the State Government’s ethanol mandate are misleading and misinformed, Larissa Rose, managing Director of the Queensland Renewable Fuels Association, has said.
Rose maintained that Queensland motorists should not expect to pay more at the petrol pumps due to…
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An ethanol factory owned by Thai Agro Energy based in Dan Chang, Thailand, has been ordered to partly suspend operations until it corrects procedures after local residents complained of hydrogen sulphide emissions.
According to the Bangkok Post, an industry ministry inspection at the plant found hydrogen sulphide levels exceeding the allowable limit.
It ordered the factory to close parts of its…
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Spanish ethanol producer Abengoa is asking a US bankruptcy court to prevent legal action and future claims by creditors who are unsatisfied with a $10 billion (€9.4bn) debt restructuring plan.
The Spanish company with a global renewable energy footprint put its US subsidiaries in Chapter 11 protection this year and filed for Chapter 15 protection from creditors of non-US businesses…
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Oil giant Shell and Brazilian bioethanol company Cosan have reached an agreement to strengthen their sugarcane ethanol joint venture (JV), Raízen, in Brazil, through a change in its contractual structure.
The partners have agreed to remove the mutual time-bound buyout options included in the original JV agreement, signed in June 2011, and in doing so have transformed Raízen from a…
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Hungarian bioethanol producer Pannonia Ethanol has announced that it has successfully completed a €135 million credit facility agreement with a consortium of Hungarian banks.
The facility will support expansion at the company’s Dunaföldvár, Hungary biorefinery, investment in new projects, cost reduction, additional jobs, and increases in both corn buying and animal feed…
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Indian state-run fuel retailers Indian Oil Corp. (IOC), Bharat Petroleum Corp. (BPC), and Hindustan Petroleum Corp. (HPC) will set up around seven second-generation (2G) ethanol plants across the country.
The plants will be set up at a cost of Rs40 billion (€552.7m) and will help enhance ethanol availability for blending with petrol, according to online newspaper Live Mint.
2G…
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Exports of US ethanol began with notable growth in the first month of the new marketing year, according to recent data published by US Department of Agriculture’s Global Agricultural Trade System (GATS).
The top three customers of US ethanol in September 2016 were Canada, Brazil, and China, respectively.
Exports of US ethanol totalled 99.6 million gallons (903,000 tonnes of corn…
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Millions of Americans preparing for Thanksgiving next week are undoubtedly noticing that dinner will cost less than it did a year ago.
According to the US Department of Agriculture (USDA), overall grocery prices are roughly 2% lower than at this time last year, and prices specifically for poultry products — like turkey — are down 1.5% compared to last fall.
Meanwhile, the amount of…
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US-based Natural Chem Group has acquired the mothballed Abengoa ethanol plant in Portales, New Mexico. The plant was acquired through a competitive bidding process.
According to media reports on Hydrocarbon Processing, the company will blend diesel with biodiesel to produce varying blends of commercial transportation fuel, primarily a 20% biodiesel blend, which is…
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Finland-based biofuels firm St1 has begun the analysis and signed letters of intent with Alholmens Kraft and UPM on a sawdust-based ethanol plant in the Alholma industrial area in Pietarsaari, Finland.
The planned production capacity of the plant is 50 million litres of advanced bioethanol per year.
The Cellunolix plant, which utilises sawdust and recycled wood, is planned for UPM's…
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Aemetis, a California-based advanced renewable fuels and biochemicals company, reported a narrower financial third-quarter net loss due to continued cost cuts.
The US firm reported a net loss of $4.1 million (€3.79m) for the three months ended 30 September, 2016, compared with a net loss of $5.8 million for the same period last year.
Revenues were $39.4 million for the third quarter of 2016,…
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US biofuels technology company ICM has announced that it has commenced a process to explore the option of revamping its recently-purchased Abengoa Bioenergy plant in Colwich, Kansas.
In a statement the company said it was considering revitalising the plant and turning it into a larger scale state-of-the-art energy efficient biorefinery plant.
If it proceeds, the plant will encompass all of ICM's…
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UK bioethanol giant Vivergo Fuels is calling on the UK government to provide greater certainty to UK farmers by pushing forward with the introduction of E10 fuel, which will cultivate an alternative domestic market for their produce.
In a statement, the company said: “On the back of the harvest, the UK’s major wheat buyer, Vivergo is boosting the fortunes of farmers to the value of…
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South Korean Pukyong National University’s graduate student Seonwoo In-young has succeeded in producing bioethanol using dead seaweed that washed ashore after a tropical storm.
Seaweed plays an essential role as a food source, habitat, and spawning ground for marine organisms, but only when it is alive underwater.
Dead seaweed, frequently found on beaches, has so far been mere waste and has…
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#Thailand has moved to restrict #palm #oil #exports as domestic demand for #biodiesel surges, a trend closely linked to the ongoing conflict in the Middle East.
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