News

A London-based investment firm Pioneer Point Partners has confirmed in a letter of intent that it is ready to invest up to €160 million in Denmark-based Maabjerg Energy Center’s bioethanol plant. The plant will be based in Western Jutland, Denmark, and create around 1,000 jobs. In a statement, Maabjerg said that Pioneer will invest in the plant if it gets a precondition that the…
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Palm oil futures have hit a six month low on the Bursa Malaysia Derivatives Exchange, according to Dawn. Unexpectedly high levels of production and end stocks data from industry regulator the Malaysian Palm Oil Board (MPOB) are believed to be behind the drop. MPOB showed end stocks in March increased by 6.5% from February to 1.55million tonnes. Output had surged by 16.3% to 1.46 million tonnes,…
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Waste-to-biofuels company Enerkem has announced its first full scale commercial facility has met all operational milestones set by its senior lender, Integrated Asset Management (IAM). The new plant is capable of turning household waste into 99.9 % pure liquid chemicals and biofuels. Since it began production, Enerkem’s facility in Alberta, Canada, has been meeting the highest quality…
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Lux Research’s Senior Analyst Yuan-Sheng Yu will speak at the tenth Biofuels International Conference, which will take place in Edinburgh, Scotland. Yuan-Sheng Yu is a Senior Analyst based in Lux Research's Singapore office. He leads Lux's Asia-Pacific research initiative, providing strategic advice and on-going intelligence for emerging technologies in energy, health and life sciences,…
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The global automotive biofuels market is likely to expand at a CAGR (Compound Annual Growth Rate) of 8.37% from 2017 to 2021, according to a new market study. Produced by MarketResearchReports.biz, the new study claims the market growth will be driven by the trend of producing biofuel in an attempt to ‘go green’. Strong regulations which are limiting vehicle emissions are also…
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Carl Icahn’s oil refining company CVR Energy made a massive bet in 2016 that prices for US government biofuels credits would fall, shortly before he became an advisor to President Donald Trump on regulations driving the market, according to Reuters. The US’ biofuels credit system is meant to encourage the mixing of renewable fuels such as ethanol into gasoline or diesel. Credits are…
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US technology company D3MAX has announced that its cellulosic ethanol technology is helping ACE Ethanol to produce “higher yields from corn fiber at lower costs”. In February, D3MAX announced the completion and shipment of its pilot plant employing the patented D3MAX cellulosic ethanol technology. Installed at ACE Ethanol, LLC, in Stanley, Wisconsin, the testing of the patented D3MAX…
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733.9 million litres (193.9m gallons) of biodiesel have been contracted at Brazil’s 54th biodiesel auction, according to The Brazilian Agency of Petroleum, Natural Gas and Biofuels, and Renewables Now. Brazil’s biodiesel auctions are intended to help meet the legal requirement for a minimum blend of 8% biodiesel in diesel sold at the country’s fuel stations. The 54th tender…
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Carrefour has taken a big step in its biomethane initiative, opening its first bioNGV service station. The new facility will play a part in allowing the French multinational retailer to expand its fleet of vehicles running on biomethane. By the end of 2017, Carrefour aims to have nine bioNGV service stations throughout France, enabling 200 lorries to make clean, silent deliveries to 250 urban…
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Ensus’ commercial director Grant Pearson is scheduled to speak at the tenth Biofuels International Conference, which will take place in Edinburgh, Scotland. He will be discussing UK policy uncertainty, reintroducing E10 and the future of the bioethanol market. Grant joined the bioethanol and animal feed producer shortly after the business formed and has responsibilities for all commercial…
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Renewable diesel supplier Neste has published information about all of its crude palm oil suppliers on its website. The data provided covers the palm oil supply chain used by Neste, including all companies, mills and estates involved. Available on the Neste website’s dashboard, the new site gives information on suppliers, certification systems used by the company, and certification…
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A Ph.D. organic chemist and a sailboat captain report that they are developing a process to reuse certain plastics, transforming them from worthless trash into a valuable diesel fuel with a small mobile reactor. They envision the technology could someday be implemented globally on land and possibly placed on boats to convert ocean waste plastic into fuel to power the vessels. The researchers…
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Scientists in the US have shown that sugarcane can be genetically engineered to produce oil in its leaves and stems for biodiesel production. As well as producing oil for biodiesel, the modified sugarcane plants also produce more sugar which could be used in ethanol production. So far the ‘Plants Engineered to Replace Oil in Sugarcane and Sweet Sorghum’ (PETROSS) project led by…
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