Nov 18, 2009
Korea considers using biofuels
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Nov 17, 2009
Biofuel producer Hero BX recently received a $1.6 million (€1.1 million) grant to expand production by 10 million gallons per year.
The Pennsylvania, US based company expects to expand its use of farm-raised feedstocks, which would benefit farmers in New York, Ohio and Pennsylvania.
CEO Leonard Kosar said: ‘Unlike many other companies that are simply developing technologies... [Read More]
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Nov 17, 2009
One of China’s largest biogas projects, the 20,000m3 Minhe biogas project in Shandong, is now successfully connected to the grid.
Minhe is the first Clean Development Mechanism (CDM) project, which has been registered in Clean Development Mechanism Executive Board, United Nation's Framework Convention on Climate Change, with annual revenue of €0.6 million.
The... [Read More]
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Nov 17, 2009
Germany-based biofuels company Verbio's biodiesel output took a steep fall in the first half of 2009.
The company’s biodiesel production fell from 300,000 tonnes to 288,000 tonnes. This led to reduced bioethanol prices, which caused a loss for the company. Verbio posted a nine month loss of €14.9 million.
Verbio blames Germany’s increased taxes on biodiesel.... [Read More]
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Nov 17, 2009
More than $24 million (€16.1 million) has been awarded to various projects by the US Department of Agriculture and Energy (USDA) to help support research into biofuels, bioenergy and biobased products.
The projects that will be aided by these grants include Gevo, Exelus, Oklahoma State University, Itaconix, Purdue University and GE Global Research.
Energy Secretary,... [Read More]
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Nov 17, 2009
In the US, Epec Biofuels Holdings and DPG Investments have established a joint venture to provide funds for biofuels projects.
The two entities have formed Epec Finance, which will provide project financing to Epec Biofuels and select financing initiatives in the biofuels and renewable energy sectors.
Epec Finance will fund up to $376 million (€253.5 million) of project... [Read More]
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Nov 16, 2009
A new 100,000 litre a day ethanol plant is looking likely for the region of Cagayan de Oro, the Philippines.
Alsons Consolidated Resources’ bioethanol arm is set to build the P2.5-billion (€33.9 million) plant with expected operations in 2012.
The company is pursuing an environmental compliance certificate by the end of November and will aim to begin construction... [Read More]
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Nov 16, 2009
A new €12.7 million biomass fuel production plant will be built in Michigan, US.
The plant will be built by Cleveland’s Cliffs Natural Resources subsidiary RenewaFuel, on the Telkite Technology Park, which is located at Sawyer Airport near Marquette.
The plant will produce 150,000 tons per year of high-energy biofuel cubes, which are a mixture of sustainably collected... [Read More]
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Nov 16, 2009
A Philippines’ based producer of biodiesel, resins and olechemicals has reported a 3% increase in profits after the government implemented a B2 blend.
Chemrez Technologies, located in Manila, saw profits increase to €5.3 million in the first 9 months of 2009, up from €5.1 million in the same period last year.
The company sales increased by 63% when it implemented... [Read More]
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Nov 16, 2009
Kenya has introduced a new five-year strategy for developing biodiesel as a clean source of energy.
The country hopes the move to biodiesel will cut the country free from its reliance on fossil fuel imports.
The strategy aims to tackle global warming and recommends using environmentally friendly green fuel made from jatropha and other locally grown trees for biodiesel... [Read More]
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Nov 13, 2009
Norway’s Borregaard has received €4 million in research grants from the EU, which will be used for demonstration plants within development projects connected to Borregaard's biorefinery concept.
The EU's seventh framework programme for R&D is offering altogether €57 million through the Joint Biorefinery Call during the period 2010-2014. More than... [Read More]
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Nov 13, 2009
One biodiesel feedstock-rich nation is taking the unusual step and reducing its mandate targets.
Malaysian Plantation Industries and Commodities Minister Tan Sri Bernard Dompok says the country is likely to reduce its local biodiesel blend to B3 from the current B5 mandate, due to the slow usage and costly government subsidy.
Under the current mandate, the government... [Read More]
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Nov 13, 2009
California’s status as the new green state has drawn the interests of two biodiesel producers.
Canada-based Sunx Energy will open a 21,500 square foot biodiesel plant, and San Diego-based Dynasty Energy will open a 20,164 square foot biodiesel plant, in the state.
‘It's always good to have green industries coming to town because it encourages other green industries... [Read More]
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Nov 13, 2009
The Government of Canada will invest up to C$77.75 million (€49.5 million) over seven years to help support ethanol production in Saskatchewan.
The sum will be injected into Terra Grain Fuels' ethanol facility in the province under the federal government's ecoENERGY for biofuels programme.
Terra Grain Fuels ethanol plant in Belle Plaine, Saskatchewan, currently... [Read More]
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Nov 13, 2009
An Indian company has entered into a sweet sugar and ethanol deal in Brazil.
Shree Renuka Sugars, one of the largest producers in the country, has acquired Brazil’s Vale Do Ivaí SA Açúcar e Álcool (VDI) for $240 million (€161.3 million).
The acquisition of VDI includes two sugar and ethanol production facilities in the southern Brazilian state of Parana, with... [Read More]
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Nov 13, 2009
While ethanol plants in the US are idling, Nebraska-headquartered Green Plains Renewable Energy facilities are running at full capacity.
‘We achieved a milestone by producing at 100% of operating capacity in September, hitting our 480 million gallon annualised run rate shortly after we acquired and began operations at the two plants in Nebraska,’ Todd Becker, president... [Read More]
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Nov 13, 2009
Tenaska BioFuels (TBF) has signed a two-year tolling arrangement with Tri-State Financial. The arrangement will allow ethanol production to resume at Tri-State's North Country Ethanol facility in Rosholt, South Dakota, US.
Under the agreement, TBF will purchase corn and natural gas, which Tri-State will use to produce ethanol and distillers grains. TBF will own all... [Read More]
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