News

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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All diesel vehicles in the City of Vancouver’s fleet will be fuelled by 100% renewable diesel, according to a statement. The City has signed a new supply contract with integrated energy company, Suncor. “This new contract concretely demonstrates our commitment to greening our operations and deriving 100% of our energy from renewable sources,” said Jerry Dobrovolny, manager of…
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Major waste-based biofuel producer Argent Energy has announced the appointment of Erik Rietkerk as the company's new CEO. Rietkerk takes over leadership of the company from Jim Walker, the former managing director. Rietkerk has joined Argent from Amsterdam Commodities, a listed trading company in the Netherlands. According to a statement, he’ll bring experience in growing and integrating…
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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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Virgin Australia announced the completion of a trial to deliver biofuel through Brisbane Airport’s fuel supply system. This marks the first time in the country’s history that sustainable aviation fuel has been delivered through a general fuel supply system and marks Brisbane Airport as one of the few airports across the world where this achievement has occurred. According to Virgin…
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As reported by Vietnamese news outlet, Vietnam News, the country’s consumption of the biofuel E5 RON 92 topped 1.78 million cubic meters during the first half of the year. This is a dramatic 31% increase from the last year, accounting for over 40% of all total petrol consumption in Vietnam. In 2017, the biofuel E5 RON 92 had only accounted for 9% of the total petrol consumption, according…
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In an official statement, the Ministry of Energy and Mineral Resources (ESDM) claims that Indonesia’s expansion of 20% biodiesel fuel (B20) has reached 80% of its target. The expansion involves the mandatory use of B20 as part of an effort to reduce the export of crude oil, which the ministry claims is a major factor of the festering current account deficit and the nation’s weak…
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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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The Chamber of Commerce in Brazil published an article detailing a public hearing where the Ministry of Mines and Energy (MME) will discuss the schedule for raising the mandatory ratio of biodiesel to diesel. It is outlined that the government will be intending to understand whether the changes in ratio should be accelerated or kept to a slower pace. In March 2018, it was decided that the…
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