News

May 9, 2019
Multinational oil and gas corporation ExxonMobil has committed to investing up to $100 million (€89.3 million) over a ten-year period into the research and development of lower emissions technologies, including biofuels. Through collaborations with the US Department of Energy’s National Renewable Energy Laboratory and National Energy Technology Laboratory, ExxonMobil will seek…
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May 9, 2019
German biofuels producer VERBIO Vereinigte BioEnergie has reported a 143% year-on-year EBITDA increase for the first nine months of the 2018/2019 financial year, driven by increased production volumes of biodiesel and biomethane. According to the company, earnings before interest, taxation, depreciation and amortisation (EBITDA) for the nine-month period were €84.4 million, an increase of…
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May 10, 2019
Clean energy company Khmelnytsky Biofuel Power Plant has announced plans to construct a 130 MW biofuel power plant in the Khmelnytsky region of Ukraine. A report in the Ukrainian environmental impact assessment (EIA) register stated that the biofuels facility will use 270,000 tonnes of straw annually to fuel the power plant, according to Interfax Ukraine. The facility will be built on 16 hectares…
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May 10, 2019
The US Environmental Protection Agency (EPA) has proposed an increase in the volume of biofuels that refiners must blend into fuel they produce for 2020, Reuters reports. The agency has proposed an increase to 20.04 billion gallons per year for 2020, up from current levels of 19.92 billion gallons this year. According to Reuters, who spoke to sources familiar with the matter, the proposed mandate…
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May 13, 2019
Quantum Energy and its subsidiary FTPM Resources have entered a non-binding memorandum of understanding (MOU) with a targeted company that designs, manufactures, operates and sells modular biorefineries. The patented biorefineries are available in one million, two million and five million gallon per year capacities and produce alternative liquid biofuels from organic waste streams. According to…
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May 13, 2019
US ethanol producer Green Plains has reported a net loss of $42.8 million (€38.1 million) for the first quarter of 2019, compared with a net loss of $24.1 million for Q1 2018. Revenues for the quarter were $642.3 million, down from $1 billion the year prior, largely impacted by a weak ethanol margin environment, impacts on logistics from flooding in the US Midwest, and other…
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May 13, 2019
The US Grains Council (USGC) is working with the US Department of Agriculture’s (USDA) Foreign Agricultural Service (FAS) to encourage the use of ethanol as transport fuel in South Korea. The Asian nation is currently the fifth largest international market for American ethanol, however only imports ethanol for industrial use. In an attempt to promote ethanol blending for fuel, the USGC and…
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Apr 17, 2019
Montreal-based waste to biofuels company Enerkem has announced the closing of new financing to the tune of CAD$76.3 million (€5 million). The funding has been sourced from existing investors, as well as a new investor, Canadian energy company Suncor Energy, the company announced. Suncor will also offer technical resources to support Enerkem’s planned growth. This growth includes the…
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Apr 18, 2019
The Ministers of Agriculture in Slovakia, Poland and the Czech Republic have signed a joint declaration agreeing on the importance of biofuels in the Renewable Energy Directive (REDII) post-2020. “We agree to take all necessary steps to establish the contribution of the biofuels of EU agricultural origin (produced from food and feed crops) to the targets set by RED II at the maximum level…
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Apr 23, 2019
Washington State Ferries (WSF)announced that it will be launching a Sustainability Action Plan that outlines objectives for more renewable ferries and terminals, which includes a commitment to using a 10% biodiesel mix. According to the release, the plan includes initiatives to protect orca whales, reduce greenhouse gas emissions, improve air quality and reduce waste. “Because we operate…
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Apr 24, 2019
Swedish biofuels producer Sekab E-Technology has announced that a new biorefinery in Finland, Nordfuel, will open in 2021 using Sekab’s Celluapp technology. The €150 million facility will produce bioethanol and biofuel from soft wood residues. The company’s Celluapp technology platform enables the extraction of cellulose sugars and lignin from forest or agricultural…
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Apr 25, 2019
Whitefox Technologies has successfully installed and commenced operations of the fifth Whitefox ICE™ system at Ace Ethanol’s Wisconsin plant. The company’s membrane system is part of a project that will integrate with D3MAX’s technology to convert corn kernel fibre to ethanol, enabling reduced energy consumption. “After seeing the benefits of the Whitefox ICE™…
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