News

Gevo has reported a 10% decrease in revenue to $8.1 million (€ 7.2m) for the second quarter of 2016, compared to $8.9 million the year before. The company’s net loss for the quarter was $21.5 million, compared with $14.4 million during the same period in 2015. The company released its results on 9 August, 2016. Although the company did not expand on the reasons why its net loss…
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India has set out plans to boost its biofuels market over the next few years in an effort to beef up its energy security. Blending 5% of biodiesel with regular diesel and 10% ethanol with gasoline could boost the market to 500 billion rupees (€6.7 billion) by 2022, from about 65 billion rupees now, Oil Minister Dharmendra Pradhan said at an Indian conference on biofuels. India…
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Fuel ethanol production capacity in the US was nearly 15 billion gallons per year, or 973,000 barrels per day (bpd), at the beginning of 2016, according to new figures from the US Energy Information Administration (EIA). The EIA published this announcement in its new ‘US Fuel Ethanol Plant Production Report’. Total capacity of operable ethanol plants increased by more than 500 million…
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US-based Poet is one of the world’s largest ethanol producers. The 28-year-old company has a production capacity in excess of 1.7 billion gallons of ethanol and 9 billion pounds of high-protein animal feed annually. Earlier this year, Liz Gyekye caught up with CEO Jeff Broin to find out about the company’s outlook and current state of the market. LG: How would you describe the mood of…
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A new renewable energy research centre, called VILLUM Center for the Science of Sustainable Fuels and Chemicals, has opened in Copenhagen, Denmark. The new centre at Technical University of Denmark (DTU) will be headed by Professor Ib Chorkendorff who will bring together a team of researchers from Stanford University, the University of Copenhagen, and the University of Southern Denmark, among…
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US bioethanol producer Aemetis has reported a net loss of $5 million (€4.48m) for the second quarter ended 30 June, 2016, due to a high interest expense. Revenues were $33.1 million for the second quarter of 2016, compared to $38.1 million for the second quarter of 2015. The decline in revenue was primarily attributable to decreases in ethanol and wet distiller’s grain volumes. The…
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Fuel ethanol production capacity in the US was nearly 15 billion gallons per year, or 973,000 barrels per day (b/d), at the beginning of 2016. The numbers are reported in the US Energy Information Administration's (EIA) most recent US Fuel Ethanol Plant Production Capacity report. Total capacity of operable ethanol plants increased by more than 500 million gallons per year in January…
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US researchers from Washington University have developed a new way to harness the chemical production properties of E.coli bacteria, making the production of certain biofuels from the bacteria more efficient. The new method, described in a paper published in the journal Metabolic Engineering, involves the development of two different protein pathways capable of chemically affecting the production…
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llinois Institute of Technology researchers have received a patent for a method to genetically engineer bacteria and yeast to increase bioethanol production, especially from cellulosic material in biomass like twigs, branches, plant stalks and husks, and woodchips. According to news channel Phys.org, Ben Stark, professor of biology, and former Ph.D. student Tony Sanny, now…
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Land O’Lakes, a US agribusiness, has acquired California-based biotechnology firm Ceres. Ceres will become part of Land O'Lakes' forage business unit currently comprised of Forage Genetics International (FGI). Ceres develops and produces seeds of genetically modified crops used for biofuels production. The transaction brings new advanced plant breeding and biotechnology to FGI's research…
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UPS, a package delivery giant, has announced that it will invest more than $750 million (€670m) for its alternative fuel and advanced technology vehicles by the end of 2016. It also announced that it has successfully completed one billion miles in its ‘rolling laboratory' fleet of electric, hybrid, natural gas, and biofuel-powered delivery vehicles. The company announced these measures…
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Archer Daniels Midland (ADM), a US-based global food processing and commodities firm, has reiterated that it is conducting a strategic review of its ethanol dry mills in its second-quarter earnings report. The company unveiled its report on 2 August, 2016. It reported a lower-than-expected quarterly profit, hurt by poor ethanol margins and lower earnings from its agricultural services unit, which…
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US policymakers should keep an eye on the renewable identification number (RIN) market to stop possible price manipulation, the Renewable Fuel Association (RFA) calls. In a letter sent to the US Environmental Protection Agency (EPA) and Commodity Futures Trading Commission (CFTC), the ethanol trade association encourages the agencies to “closely examine recent events in the RIN market" to…
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