Feb 25, 2011
Enervation works to bring Algona plant up to scratch
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Feb 25, 2011
On 10 January 2011 Brazil's largest sugar and ethanol producer Cosan signed a memorandum of understanding (MoU) to acquire Araraquara-based sugarcane producer Usina Zanan Acucar e Alcool (Zanin).
Under the MoU, Cosan would acquire all the outstanding shares of Zanin for R$142 million (€61.75 million) and assume the company's debts, expected to be around R$236.6 million.
However... [Read More]
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Feb 25, 2011
A new joint venture has been formed between renewable energy solutions provider Global Earth Energy (GLER) and Innovated Concepts of Ethanol, Corp. (ICE), a South Dakota, US-based biorefining, consulting and services firm.
'The joint venture will have estimated gross revenues of $80 million (€57.9 million) per year for a total revenue of $800 million for the life... [Read More]
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Feb 25, 2011
In Thailand, the world's third-largest producer of palm oil, the Energy Ministry is to hold 5,000 tonnes of crude palm oil (CPO) for use of cooking oil, as the country's government works to address the shortage of domestic palm oil.
This CPO was originally intended for biofuel production, however will now be refined as cooking oil. A further 10,000 tonnes of CPO held by... [Read More]
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Feb 24, 2011
New Energy Farms (NEF), a North American-based commercial trading and development company for energy crops, in particular miscanthus, has opened two large-scale facilities for the supply of miscanthus rhizomes.
Two production sites are now operational, one in Ontario, Canada, and the other in Georgia in the US.
From these sites NEF can produce tens of thousands of acres... [Read More]
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Feb 23, 2011
Flint Hills Resources Renewables has acquired ethanol plants in Iowa Falls and Fairbank, Iowa, in the US, formerly owned by privately owned ethanol company Hawkeye Renewables, after the transaction was closed on 18 February 2011.
The sale was completed in an all-cash transaction, although the purchase price was not revealed.
'Our transaction with Flint Hills Resources... [Read More]
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Feb 21, 2011
Renewable energy technology provider LanzaTech and Korean conglomerate Posco have signed a memorandum of understanding (MoU) that will see LanzaTech implement its gas fermentation technology to convert Posco's flue gases to ethanol and other value added products.
Posco is active in the steel, power, energy, engineering and construction industries. In 2010 it produced 33.7... [Read More]
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Feb 21, 2011
North America's fourth largest ethanol producer Green Plains Renewable Energy's bid to purchase certain assets of Otter Tail Ag Enterprises has been accepted.
The bid was accepted by the bankruptcy court, which was overseeing the auction process.
The addition of the 55 million gallon-a-year dry-mill ethanol plant near Fergus Falls in Minnesota, US, brings Green Plains'... [Read More]
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Feb 21, 2011
While the recently approved E15 blend in conventional petrol will decrease GHGs emitted to the atmosphere, it may increase repair bills for boat owners and those with smaller engines.
It is thought that boaters will fill up their boats with E15 at participating stations despite the fact that the US Environmental Protection Agency (EPA) did not approve the blend for many... [Read More]
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Feb 18, 2011
Three US programmes dedicated to boost and encourage the use of renewable energy, in addition to create more jobs in rural areas, are to face interim rule changes.
The Biorefinery Assistance Program, the Repowering Assistance Program and the Bioenergy Program for Advanced Biofuels will be impacted by the changes, which will allow non-rural locations to be eligible for... [Read More]
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Feb 18, 2011
Technology provider for the energy and environment sectors Abengoa will implement its enzymatic hydrolysis process technology to produce bioethanol at a commercial-scale in the US.
The news comes after the company's second generation bioethanol pilot production plant, located in Salamanca, Spain, produced successful results.
The project, which received financing for its... [Read More]
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Feb 18, 2011
BioJet International, a supply chain integrator in renewable jet fuel and related co-products for the aviation and transportation sectors, has received a $1.2 billion (€880 million) funding facility from Cayman-based Equity Partners Fund SPC. The funding structure is a three-year facility; further terms of the funding were not disclosed.
The funding agreement will... [Read More]
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Feb 17, 2011
OriginOil, a developer of breakthrough technology to transform algae, has agreed to participate in a pilot-scale algae project to be funded by the Mexican government.
The project will demonstrate industrial algae production, paving the way for substantial investment by the Mexican government in large-scale jet fuels production.
'We are excited to support Mexico's 'Manhattan... [Read More]
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Feb 17, 2011
Oil major Royal Dutch Shell and Cosan's $12 billion (€8.8 billion) joint venture has been named Raízen.
The company will begin operations by mid-2011, producing 2.2 billion litres of ethanol a year, before output capacity is ramped up by 50% by 2016.
The JV is due to become the fifth largest company in Brazil, employing around 40,000 staff.
In addition to ethanol,... [Read More]
Other News
Feb 17, 2011
On 15 February 2011 agricultural marketing firm The Scoular Company finalised its acquisition of the assets of Gateway Plant.
Included in the deal was a Pratt, Kansas, US-based 55mgy ethanol production plant and a 1.8 million bushel shuttle train facility.
The terms of the transaction have not yet been discussed, nor has the company decided if the plant will be renamed.
Before... [Read More]
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Feb 17, 2011
The Alliance of Automobile manufacturers, an association of 12 vehicle manufacturers, has joined forces with other groups to urge the Congress to disallow a new rule which could see E15 – a blend of 15% ethanol – used in vehicles manufactured from 2001 onwards.
The US Environmental Protection Agency (EPA) made the E15 blending announcement last month.
Automakers... [Read More]
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Feb 17, 2011
In Washington, US, biofuels for use in the aviation industry could be brought to market by 2015.
Aerospace company Boeing Co. is doing its part and is working with others throughout the industry in order for 1% of all aviation fuel to come from biofuels within four years' time.
Although 1% does not sound like a significant amount, Boeing Commercial Airplane's director... [Read More]
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