Jan 26, 2009
Latvia opens first biodiesel plant
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Jan 23, 2009
Biodiesel producer Bionor will invest US$209 million (€163 million) in a project to produce 300 million litres of biodiesel a year in the state of Paraiba, Brazil.
The investments are scheduled for the first half of 2009, with land purchase and the installation of the first seedling nursery and a laboratory already defined.
The project will use the oleaginous plant... [Read More]
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Jan 23, 2009
Nebraska, US-based ethanol producer Green Plains Renewable Energy has acquired a majority interest in Houston-based biofuel terminal operator Blendstar.
Green Plains acquired 51% of Blendstar from Bioverda U.S. Holdings for $9 million (€7 million).
Blendstar currently operates terminal facilities in Oklahoma City, Little Rock, Nashville, Knoxville, Louisville and Birmingham.... [Read More]
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Jan 21, 2009
The United States Department of Agriculture (USDA) has awarded cellulosic ethanol producer Range Fuels a conditional commitment for an $80 million (€62 million) loan guarantee for the development and construction of its commercial cellulosic ethanol plant near Soperton, Georgia.
Range Fuels was awarded this loan guarantee in part because they are working toward the... [Read More]
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Jan 20, 2009
Second generation ethanol company Verenium has announced plans to build its first commercial-scale cellulosic ethanol facility in Highlands County, Florida.
The company has entered into long-term agreements with Florida agri-business Lykes Bros to provide the agricultural biomass for conversion to fuel.
Verenium also announced that the Highlands Ethanol project has... [Read More]
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Jan 20, 2009
The decision by the German government to raise taxes on biofuels and to reduce blending rates in fossil fuels will mean more biodiesel plants in the country will face closure, a German biofuels industry association says.
Europe’s largest biodiesel industry has been operating at under 60% of its 5 million tonne a year capacity, Johannes Lackmann, CEO of German biofuels... [Read More]
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Jan 20, 2009
US meat processing company JBS-Swift has announced it will open a biogas generation facility next to its Grand Island, Nebraska, beef packing plant in April.
The beef packing plant slaughters 6,000 cattle each day.
The operation, which will be owned and managed by Microgy, a subsidiary of Swift partner Environmental Power, is expected to generate 235,000 MMBtu of power... [Read More]
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Jan 20, 2009
Mississippi Investment Petroleum has announced plans to build a third-generation biodiesel refinery at the Port of Aberdeen, Mississippi, in the US.
The Madison-based company began preparing the site in late 2008, with 90% of the US manufactured refinery equipment being custom fabricated for the site.
The project will be completed in three phases. The first phase of... [Read More]
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Jan 20, 2009
Indian state Gujarat’s Energy Development Agency (GEDA) has given approval to private groups for setting up biomass power plants in 25 districts of the state.
The approvals amount to a combined generation of 317MW of energy.
‘The first of its kind power plant in the state that uses 300 tonnes of biomass a day such as fuel cotton stalks, sesame stalks and groundnut... [Read More]
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Jan 20, 2009
Thailand-based palm oil crushing company Vichitbhan Group is investing almost THB2 billion (€44.3 million) to set up biogas and biomass energy businesses.
Vichitbhan Group runs separate palm oil crushing mills under its Vichitbhan Palm Oil and Vichitbhan Plantation companies.
Krisada Chavananand, MD of Vichitbhan Palm Oil, says the investment is part of a five-year... [Read More]
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Jan 19, 2009
The UK’s Renewable Fuels Agency (RFA) has released figures showing major fuel suppliers are continuing to fail government targets to supply biofuels that meet environmental standards.
Nine companies are performing below their targets, including BP, which managed to report just 4% of its biofuels as meeting standards recognised by the Agency.
Esso, Chevron, Murco, Prax... [Read More]
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Jan 19, 2009
A biodiesel project in Tanzania is looking at manufacturing biofuel using the oil from the nuts of the Croton tree.
The Africa Biofuel and Emission Reduction project will take place in Tanzania's northwestern Kagera region where the Croton tree grows in abundance.
The initiative is to replace up to 10% of Tanzania's oil requirements by 2018 through the production... [Read More]
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Jan 19, 2009
In Europe in mid-January sunflower methyl ester (SME) was trading at a $200/tonne (€155/tonne) premium to Ice gasoil for February dates fob ARA, despite reports of a prompt oversupply, a report by Argus Biofuels finds.
Bid/ask spreads for fatty acid methyl ester (FAME) zero was broadly around a $190/t premium to the Ice futures screen.
Further forward activity on the... [Read More]
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Jan 15, 2009
US-based ZeaChem, a developer of biorefineries for the conversion of biomass into fuels and chemicals, has raised $34 million (€26 million) in initial Series B financing.
ZeaChem is developing a cellulose-based green fuels and chemicals biorefinery platform that converts renewable non-food biomass into market-competitive products such as ethanol.
ZeaChem will begin... [Read More]
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Jan 15, 2009
Emami Biotech, the first biodiesel production company in Eastern India, has started production at its plant in Haldia.
The plant was started in 2007 and is aiming for a capacity of 100,000 tonnes of biodiesel a year.
The biofuel plant is a collaboration with Desmet Ballestra, an Italian-Belgian joint enterprise, with a total project cost of Rs 1.5 billion (€23.3 million).... [Read More]
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Jan 15, 2009
New York-based renewable fuels producer Innovation Fuels has acquired the former Shell Oil terminal at the Port of Milwaukee in the US.
Innovation Fuels says it will use the 310,000 barrel capacity terminal to bring biodiesel and other renewable fuels in and out of the Midwest to the east coast and overseas.
The terminal was built in the 1950s as Shell Oil's Milwaukee... [Read More]
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Jan 15, 2009
Indiana, US-based Agresti, an ethanol-making venture, has signed an agreement with Vietnam’s Phuc Yen Co. to build and operate ethanol facilities in Vietnam.
Agresti’s venture will produce ethanol from landfill waste in Vietnam using a gravity-pressure-vessel technology.
Formerly known as Indiana Ethanol Power, Agresti plans to start building its first US project... [Read More]
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