Nov 12, 2008
Mission NewEnergy cracks cellulosic ethanol method
Other News
Nov 12, 2008
US-based marketer and producer Pacific Ethanol has increased its Q3 sales and lost more money due to higher demand for ethanol and more expensive corn.
Shares of Pacific Ethanol dropped $0.17 (â?¬0.14) to close at $0.91 after the company reported a hefty loss in early November.
The company lost $54.9 million in the quarter ended 30 September, compared to the... [Read More]
Other News
Nov 12, 2008
Vital Renewable Energy Company (VREC), a new Brazilian company, has secured funding amounting to $1 billion (€799 million) for ethanol and electricity generation projects in Brazil.
The funding was completed by an international consortium of private investors including Paladin Capital Group, Vision Brazil Investments, Leaf Clean Energy Company, Petercam Asset Management... [Read More]
Other News
Nov 12, 2008
Boeing and Air New Zealand have announced that they will conduct the first flight test of second generation sustainable biofuel in an airliner on 3 December.
The planned test will be carried out using an Air New Zealand Boeing 747 flying from Auckland, New Zealand. During the flight, one of the jumbo jet's four Rolls-Royce engines will run partly on jatropha-based biofuel.
Successful... [Read More]
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Nov 12, 2008
Mexico's state-run petroleum company Pemex plans to start producing petrol blended with 6% ethanol over the next four years.
Pemex plans to phase out the use of MTBE as a petroleum oxygenate in Guadalajara, Monterrey and Mexico City.
The company plans to begin testing 6% ethanol fuel at two service stations and in a test fleet starting in November.
Pemex will... [Read More]
Other News
Nov 12, 2008
The ethanol market is set to swell to 27.7 billion tonnes over the next four years, a report by Global Industry Analysts finds.
Fuel-ethanol is experiencing great interest brought on largely by the ban on MTBE in several countries and its resulting replacement with ethanol.
In the US, the renewable fuels standard mandates the use of approximately 8 billion gallons of... [Read More]
Other News
Nov 12, 2008
Paris-based Akuo Energy plans to build a 30 million gallon a year sweet-sorghum-based ethanol plant in Uruguay. It will be Akuo's first international ethanol plant.
With Akuo Energy supplying the equity investment, financing arrangements are currently being negotiated, Alain Castro, president of Akuo Energy South America, explains.
The last of the necessary governmental... [Read More]
Other News
Nov 12, 2008
China-based Hainan Yedao Group has reportedly invested $51.5 million (41.1 million Euros) in a new biofuel facility to produce 33 million gallons a year of bioethanol from cassava plants.
The plans follow recent moves from the Beijing government to ban the use of grain-based energy crops in bioethanol, amid concerns demand had led to a decline in food supplies.
Cassava... [Read More]
Other News
Nov 12, 2008
US-based agriculture company Archer Daniels Midland and Brazil's Grupo Cabrera have an agreement to form a joint venture to produce ethanol from sugarcane.
The partnership will bring together ADM's expertise in ethanol production, logistics and marketing with Cabrera's knowledge of sugarcane agriculture and production.
'As the world's need for food and energy grows,... [Read More]
Other News
Nov 12, 2008
Australia-based biofuels producer Mission NewEnergy, formerly Mission Biofuels, has announced that a joint venture with a scientific team in India has successfully produced cellulosic ethanol from agricultural wastes at a pilot-scale facility in northern India.
The project focused on developing a novel conversion process for lingocellulosic feedstocks at the plant, which... [Read More]
Other News
Nov 12, 2008
US-based marketer and producer Pacific Ethanol has increased its Q3 sales and lost more money due to higher demand for ethanol and more expensive corn.
Shares of Pacific Ethanol dropped $0.17 (â?¬0.14) to close at $0.91 after the company reported a hefty loss in early November.
The company lost $54.9 million in the quarter ended 30 September, compared to the... [Read More]
Other News
Nov 12, 2008
Vital Renewable Energy Company (VREC), a new Brazilian company, has secured funding amounting to $1 billion (€799 million) for ethanol and electricity generation projects in Brazil.
The funding was completed by an international consortium of private investors including Paladin Capital Group, Vision Brazil Investments, Leaf Clean Energy Company, Petercam Asset Management... [Read More]
Other News
Nov 5, 2008
Biodiesel manufacturer China Clean Energy has experienced civil engineering setbacks and poor Monsoon season weather delaying construction of its Jiangyin biodiesel plant.
The 30 million gallon a year plant is now expected to begin production in Q2 2009.
The company has another biodiesel plant in China's Fujian Province, which began biodiesel production in 2005... [Read More]
Other News
Nov 5, 2008
Construction has begun on a biofuel refinery in east Tennessee, US, which will use switchgrass, a perennial crop, as a feedstock to produce cellulosic ethanol. The pilot plant is a partnership between DuPont Danisco Cellulosic, the University of Tennessee (UT), and Genera Energy, which aims to produce 250,000 gallons of ethanol by the end of 2009.
DuPont's Danisco... [Read More]
Other News
Nov 5, 2008
Prices of major grains and oilseeds such as corn, wheat, soyabeans, and palm oil that are used to make biofuels are tumbling, indicating green fuels have played virtually no role in the recent global surge in food prices.
Corn and soyabeans have lost more than half of their value, whereas wheat now costs 55% less than at its highpoint in March of this year. Canola fell... [Read More]
Other News
Nov 5, 2008
Kenya expects $500 million (389.4 million Euro's) worth of foreign investments in biofuel crop production over the next two years, a government official has announced. Romano Kiome, permanent secretary in the agriculture ministry, says five multinational firms from the US, Japan, and the UK had applied to be considered in a government land-lease scheme.
Crops such... [Read More]
Other News
Nov 5, 2008
Roxol Bioenergy is investing P1.433 billion (23.2 million Euro's) for the production of bioethanol and potable ethanol to be sold to local oil refining companies and manufacturers in the Philippines.
The project, which is 99.99% owned by the publicly-listed Roxas Holdings, led eight project approvals by the Board of Investments (BOI).
Based on its registration... [Read More]
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