News

The National Biodiesel Board (NBB) released a letter alongside a press release detailing its appreciation for 46 members of Congress who supported its bid for an extension of a biodiesel tax incentive. Led by Representatives David Young (R-IA) and Dave Loebsack (D-IA), the 46 Congress members representing states from California to Connecticut collaborated on a letter to relevant parties on a…
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Verbio Vereinigte BioEnergie has published its 2017/2018 financial reports. Company CEO Claus Sauter states that the financial year was characterised by market upheavals and changes to political conditions, both of which have had large implications on the sales markets of Verbio’s biodiesel and biomethane segments. Nevertheless, the company has achieved broadly positive results. Towards the…
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President Donald Trump has announced plans to lift summer restrictions on the sale of E15 fuel at gas stations in the US. On 10 October, at a political rally in Iowa, Trump announced his administration would allow year-round sales of gasoline with a 15% ethanol blend. Environmental Protection Agency (EPA) legislation blocks the sale of E15 from 1 June to 15 September in areas where smog is a…
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Ethanol producer Green Plains announced in a press release that it had entered into an agreement with renewable fuels company Valero to sell three of its ethanol plants. Located in Lakota, Iowa; Bluffton, Indiana; and Riga, Michigan, the plants will be sold for $300 million (€258 million) in cash as well as approximately $28 million (€24 million) of working capital. The transaction…
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Biodiesel distributor Targray announced the opening of a 24/7 biodiesel terminal in Fargo, North Dakota. Targray claims that the terminal will help address the growing demand for biofuels in Northwest Minnesota. This follows legislation by the state, requiring fuel sold to be a 20% biodiesel mix (B20). The terminal will serve wholesale fuel buyers throughout the Fargo-Moorhead metro area with a…
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According to the Aiken Standard a 36,000 square foot recycling facility is to be built by Green Energy Biofuel in Warrenville, Illinois. The plant is expected to provide more than 40 new jobs over the next five years and is scheduled to be up and running by December 2018. Green Energy Biofuels refines and recycles used cooking oil as well as other food products that are sourced from kitchens and…
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For the last few months the European biodiesel industry has insisted that the European Commission enforce the implementation of provisional countervailing import duties on 'unfair' biodiesel imports from Argentina. The legal deadline in which to do so is 31  October  2018. The provisional duties that are currently in place, as well as the eventual definitive duties, are deemed by…
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According to new data, European renewable ethanol association (ePURE) members produced 5.84 billion litres of ethanol and 5.71 million tonnes of beneficial co-products in 2017. This record high greenhouse gas reduction, compared to petrol is being attributed to major production of animal feed.    There has been an average of more than 70% greenhouse gas savings compared to petrol in…
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Formed in 2007, Vivergo aimed to deliver a substantial and significant portion of the UK’s forecast Biofuel demand. Originally a joint venture between AB Sugar and Du Pont, the company set out to become a biorefinery for the future. However, on the 6th of September it announced its proposal to cease production. In a statement made by Mark Chesworth, Vivergo’s Managing Director, he…
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A Memorandum of Understanding (MoU) has been signed in China between the Nigerian National Petroleum Corporation (NNPC) and the China National Offshore Oil Corporation (CNOOC). The MoU signing hopes to develop Nigeria’s oilfield services and enhance research development in the oil & gas industry. After the deal had been signed at the CNOOC Headquarters yesterday in Beijing, group…
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Korean companies, Hyundai and LG are to construct biodiesel factories in response to the government’s effort to expand the domestic use of the fuel through its mandatory 20% blended biodiesel (B20) policy.  Antara News Agency reported that, West Kalimantan Governor, Sutarmidji, said that they “welcome the plan. The opening of the downstream business is in line with the increasing…
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Wilmar International has said that the implementation of the biodiesel programme in Indonesia has proven that there should be no concern that the use of biodiesel will affect vehicle engines.   After concerns were raised by Malaysian hauliers and automotive manufacturers on the implementation of the biodiesel programme in Malaysia, Wilmar International’s country head in Indonesia,…
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Prominent US ethanol producer Green Plains has planned the closure of two plants in Iowa. According to Reuters, the plants are to be shut due to low profit margins. Green Plains is the number 3 ethanol producer in the United States and has an annual ethanol production capacity of around 1.48 billion gallons. It has also invested in vinegar production and cattle feedlots in an attempt to branch…
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