Jan 27, 2011
EU approves grant for Swedish biorefinery
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Jan 27, 2011
In a bid to become a key player in the biodiesel sector, biodiesel producer Australian Renewable Fuels Limited will acquire its largest competitor Biodiesel Producers Limited.
The acquisition includes Biodiesel Producers' production plant, installed with technology capable of converting tallow and waste cooking oil into biodiesel.
The facility is sited in Barnawartha,... [Read More]
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Jan 26, 2011
Lincoln Park Capital Fund has agreed to invest up to $10 million (€7.3 million) into BlueFire Renewables, a producer of renewable fuels via non-food cellulosic wastes.
The investment, which will be spread out over 30 months, will go towards new developments by BlueFire, improving its processing capabilities.
The round of funding comes following a busy year for BlueFire.... [Read More]
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Jan 25, 2011
Brazilian ethanol producer Copersucar has partnered with the JAG – Jamal Al-Ghurair Group to form a new shipping company which will deliver ethanol and sugar around the world.
The two companies will hold a 50% share in the new business, Copa Shipping Company, exporting 600 million litres of ethanol and five million tonnes of sugar throughout its first year of operation.
The... [Read More]
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Jan 25, 2011
A new 30 million gallon a year biorefinery is to be built in Port Arthur, Texas, following a deal between Endicott Biofuels (EBF) and KMTEX.
The site is to use EBF’s technology to produce the biodiesel and KMTEX will provide the project with construction and operational services. Haddington Ventures has funded the development, on which construction is due to begin... [Read More]
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Jan 24, 2011
The US Department of Energy is handing out $650 million (€479 million) in loans for new biofuels refineries as part of the government’s overall $17.5 billion (€12.9 billion) plan to support 18 clean energy projects around the country.
A renewable diesel plant to be built in the south of the US and a Florida bioenergy centre are two of the projects to receive... [Read More]
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Jan 21, 2011
Canada-based waste to biofuels producer Enerkem has been given an $80 million (€59 million) loan guarantee by the US Department of Agriculture to go towards building a new waste-to-biofuels project in Pontotoc, Mississippi.
The new development will help to transform municipal solid waste from the north-east of the region into ethanol.
The loan comes after the... [Read More]
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Jan 20, 2011
In the US petroleum refiner and marketer Valero Energy Corporation has signed a letter of intent that could see it invest up to $50 million (€37 million) in innovative biofuels company, Lebanon, New Hampshire-based Mascoma Corporation.
Together with Mascoma's operating subsidiary Frontier Renewable Resources, jointly owned with natural resource management company... [Read More]
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Jan 20, 2011
Four projects looking into the development of biodiesel in Colorado have been awarded grants under the Advancing Colorado’s Renewable Energy (ACRE) programme.
The programme has awarded 15 grants totalling $600,000 (€444,670) in a bid to encourage projects that add value to agricultural products.
As Tom Lipetzky, CFO at the Colorado Department of Agriculture,... [Read More]
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Jan 19, 2011
A new company has been set up in Australia that will produce biofuels from algae at commercial-scale.
Muradel Pty is a joint venture between Murdoch University, Adelaide Research and Innovation Pty, and SQC Pty.
Murdoch University will bring to the company its knowledge in the commercial production of algae and algae production, while engineering expertise in algal processing... [Read More]
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Jan 19, 2011
Green Plains Renewable Energy, the fourth largest ethanol producer in the US, has signed an asset purchase agreement with Otter Tail Ag Enterprises to acquire its 55 million gallon-a-year capacity dry-mill ethanol plant near Fergus Falls, Minnesota.
The proposed transaction is anticipated to progress through a court-approved bankruptcy processing initiated by Otter Tail... [Read More]
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Jan 18, 2011
UK-based storage operator Oikos has revealed it is to upgrade its fuel terminal on Canvey Island, facing opposition from campaigners.
The terminal has yet to hold its forward strategy meeting, so is unable to reveal any further details.
Campaigners against the project, The People Against Methane Group, believe there are not enough emergency services facilities on... [Read More]
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Jan 17, 2011
In Hawaii, power company Hawaiian Electric Industries' (HEI) subsidiary Hawaiian Electric is to generate electricity from biofuel sourced from locally grown materials.
Aina Koa Pono will provide the biofuels, which will be supplied to the Ka'u region-based 80MW Keahole Power Plant.
The new contract will help Hawaii reach its clean energy target of 70% renewable electricity... [Read More]
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Jan 17, 2011
Oil major BP has been forced to replace its ethanol-blended petrol (E10) in Queensland, Australia, due to severe flooding in the state.
From 17 January 2011 Regular Unleaded 91 will take the place of E10, as the Queensland-based biofuel supplier cannot continue to deliver.
Over 75% of Queensland, a state larger than California and Texas combined, has been declared a disaster... [Read More]
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Jan 17, 2011
Operations have started at a biodiesel production facility in Groveland, Florida, US.
Owned by Greenwave Biodiesel, a key player in Florida's emerging biofuels industry, the plant has already produced its first batch of ASTM-certified biodiesel and is now preparing to begin production at commercial-scale.
The plant is fitted with technology provider Raptor Fabrication's... [Read More]
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Jan 17, 2011
Severe flooding in Colombia in December last year has led to a loss of $29 million (€21.77 million) for the country's ethanol industry.
Six ethanol refineries were also forced to close down throughout December, after sugarcane fields were immersed in water and access to harvesting equipment was restricted.
Speaking about the flooding, which first hit the nation back... [Read More]
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Jan 13, 2011
Science-based products and services company DuPont has entered into a definitive agreement for the acquisition of Danisco, a global enzyme and speciality food ingredients company.
The transaction would see DuPont acquire Danisco for $5.8 billion (€4.4 billion) cash. It will also take on Danisco’s net debt of $500 million.
Speaking about the deal DuPont’s... [Read More]
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