
Oct 12, 2012
New biojet fuel test on course in October
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Oct 11, 2012
Platts, global provider of energy, petrochemicals and metals information, has signed a definitive agreement to acquire Kingsman SA, a privately-held, Switzerland-based provider of price information and analytics for the global sugar and biofuels markets.
The purchase price was not disclosed but is expected to close on 1 November.
‘Kingsman is recognised... [Read More]
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Oct 11, 2012
The minister for Energy and Power Development in Zimbabwe, Elton Mangoma, has addressed public doubts over an ethanol project in the village of Chisumbanje.
The project, which has cost $600 million (€465 million) so far, halted in August as politicians could not agree on how best to proceed with it.
Speaking to displaced villagers that paved the way for the project... [Read More]
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Oct 10, 2012
US-based ethanol plant Heron Lake Bioenergy has been working with an energy company to cut its running costs.
Interstate Power and Light, a division of Alliant Energy, has worked with Heron to convert a coal-fired boiler system to natural gas, plus installing a new fan system at the same time.
The plant will see a drop in internal electricity usage of approximately 4.5MKW/h... [Read More]
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Oct 9, 2012
Germany-based bioethanol manufacturer CropEnergies has posted a new record level for its first half of this financial year.
The final figure announced by the company was €319.9 million ($412 million), which was an increase of 16% during March and August compared to 2011. Its operating profit improved by 28% to €37.2 million and its net financial debt has been... [Read More]
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Oct 9, 2012
Verenium, an industrial biotechnology company focused on the development and commercialisation of enzymes, has agreed a two-year, $10 million (€7.7 million) revolving credit facility with Comerica Bank.
The credit facility will allow Verenium to borrow up to $8.4 million against eligible foreign and domestic receivables and will cover an existing $1.6 million letter... [Read More]
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Oct 9, 2012
An agricultural project in Abu Dhabi, with the view of producing sustainable jet fuel, is getting closer to fruition.
A demonstration farm required by scientists at the Masdar Institute of Science and Technology (MIST) is closer to finding a home. In collaboration with both the Abu Dhabi Urban Council and the Western Region Municipality, MIST is evaluating several options... [Read More]
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Oct 8, 2012
Yeast development company Microbiogen has signed a collaboration and license agreement with US-based renewable products company Amyris.
The agreement will see the Australian business focus on improving base yeast strains for the production of renewable fuels and other value added propositions.
‘This agreement between us is an excellent example of the sort of international... [Read More]
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Oct 8, 2012
Thailand-based oil refiner Bangchak Petroleum’s president Anusorn Sangnimnuan says it is set to invest heavily into two biodiesel projects.
Sangimnuan revealed that Bangchak will invest THB1.2 billion (€30.2 million) and double its capacity of pure biodiesel, or methyl ester, to 600,000 litres per day at its Ayutthaya plant.
That move is set to cost THB800 million... [Read More]
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Oct 5, 2012
Brazilian pulp company Fibria Calulose has made a substantial investment into a Canadian biofuels company.
Ensyn, which converts woodwaste into fuel, landed the CA$20 million (€15.6 million) injection this week and brings the company’s value up to CA$330 million.
‘This joint venture will leverage both our expertise in growing fibre and market position... [Read More]
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Oct 4, 2012
LanzaTech, a New Zealand-based biofuels developer, has secured new multi-million dollar funding from a Silicon Valley, US investment firm.
LanzaTech has been developing technology that converts industrial waste gases into chemicals, including ethanol for biofuels.
It says the NZD 18.3 million ($15 million) fund will be used to boost the company’s research and development... [Read More]
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Oct 4, 2012
A research team in the US claims to have developed a new biofuels process involving water, electricity and biomass.
The team at the University of Wisconsin-Madison have come up with a technology that uses a fuel cell to convert biomass compound acetone into isopropanol, a chemical that’s used as a petrol additive.
According to chemical and biological engineering... [Read More]
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Oct 4, 2012
A fin whale that passed away on a beach in Suffolk, UK could be used to create biofuel according to the local district council.
The whale, which weighed around eight tonnes and was 10 metres long, is believed to have washed up onto the beach on 30 September.
Councillor Andrew Nunn is quoted as saying the whale would be taken to be rendered and the output possibly used... [Read More]
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Oct 3, 2012
Spain-based renewable energy and engineering company Abengoa is set to temporarily idle an ethanol plant in the US.
The plant in Illinois allegedly produces 88 million gallons of ethanol annually but is due to idle because of current poor production margins, mainly in part because of the summer drought experienced by the US.
Abengoa was authorised by the US Environmental... [Read More]
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Oct 2, 2012
UK-based second generation biofuels producer TMO Renewables is to supply a new Brazilian ethanol plant after signing long-term agreement.
The 25-year feedstock supply contract was signed with Usina Santa Maria Cerquilho, which is an associate of Copasucar, a large commercial Brazilian sugar and ethanol operation. UK prime minister David Cameron, who is visiting Brazil... [Read More]
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Oct 1, 2012
An agreement has been signed between India-based seaweed-to-biofuel company Sea6 Energy and biotechnology researchers Novozymes.
Sea6 has raised $655,000 (€507,450) to further develop green algae biofuel after converting red seaweed into ethanol in its laboratory using traditional yeast processes.
‘The advantages to red seaweed over others are that it is a good... [Read More]
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Sep 28, 2012
Biotechnology company Dyadic has concluded its DISCO bioethanol project in cooperation with SEKAB E-Technology.
The goal of DISCO was to identify and develop more productive and cost-effective enzymes for the production of bioethanol from lignocellulosic raw materials.
Dyadic’s biofuels enzyme, AlternaFuel CMAX, was successfully verified by SEKAB at an ethanol demonstration... [Read More]