Feb 28, 2012
Brazil to boost sugarcane output
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Feb 28, 2012
The US Energy Department is planning to invest $14 million (€10.41 million) in the process of making transportation fuels out of algae.
'We could replace up to 17% of the oil we import for transportation with this fuel that we can grow right here in the United States,' says President Barack Obama.
The Energy Department is reportedly backing approximately $85 million... [Read More]
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Feb 27, 2012
Renewable fuels and chemicals company, US-based Amyris, has completed a $58.7 million (€44 million) private placement of its common stock.
The company has also entered into a definitive agreement to privately place $25 million in aggregate principal amount of 3% senior unsecured note due 2017. The placement of notes is subject to customary closing conditions and expected... [Read More]
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Feb 23, 2012
Cool Planet BioFuels has announced a breakthrough in converting biomass to petrol. A 4,000 gallons per acre biomass to petrol conversion was achieved in pilot testing using the giant miscanthus, an advanced bioenergy crop developed at the University of Mississippi.
With petrol boasting approximately 150% higher energy levels than ethanol, achieving nearly 12 times more... [Read More]
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Feb 23, 2012
Renewable Energy Group (REG) has announced its financial results for the 2011 fourth quarter and full-year.
The company achieved record 2011 Adjusted EBITDA (for the year) of $107 million and record revenues (for the year) of $824 million, compared to $8 million and $216 million, respectively, in 2010. Furthermore, the 2011 fourth quarter saw an increase of 126% to... [Read More]
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Feb 23, 2012
A planned 2 billion rand (€196 million) is to be invested by South Africa in the construction of an ethanol plant located in the Eastern Cape province.
About 60% of South Africa's fuel is currently imported. Furthermore, due to 4 of its 6 oil refineries recently shutting down, the country has been experiencing fuel shortages.
The government-funded plant would... [Read More]
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Feb 20, 2012
Locally manufactured, fuel grade ethanol from Chisumbanje, is causing Zimbabwean fuel prices to decrease.
This price drop sits somewhat out of sink with other countries in the region that have seen increased prices as a result of global market developments.
A litre of blended fuel ranges from $1.32 (€0.1) - $1.36 (1.03), and unleaded petrol has dropped from... [Read More]
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Feb 20, 2012
LanzaTech has bought a failing ethanol plant in Soperton, middle Georgia, with plans in motion to breathe new life into the 280-acre industrial site.
After buying the plant for $5.1 million (€3.85 million) at a foreclosure sale, LanzaTech has subsequently met with suppliers and state officials, pushing forward with plans to resume ethanol production.
The company intends... [Read More]
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Feb 20, 2012
The Environmental Protection Agency has approved the voluntary use of E15 in all autos and light trucks built since 2001, equalling over 70% of US on-road vehicles.
An evaluation of E15's health effects as part of Growth Energy's three-year petition to approve sales of the mid-level ethanol blend has been issued and whilst the EPA must approve individual fuel blends,... [Read More]
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Feb 20, 2012
Magellan Midstream Partners LP has announced that it will offer ethanol storage, blending and distribution at its facility in Mount Pleasant, Texas, next month.
At a cost of $2 million (€1.51 million), Magellan plans to convert a 17,000-barrel tank and add a new sequential blending system.
Jeff Selvidge, senior vice president of transportation and terminals says,... [Read More]
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Feb 17, 2012
Chemical engineers at the University of Massachusetts, Amherst have discovered a 'mini-cellulose' molecule that behaves in the same way as cellulose when heated to a high temperature.
Complex chemical reactions that take place during high-temperature biofuel processes such as pyrolysis or gasification, have remained unknown, as wood molecules are too large, and the reactions... [Read More]
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Feb 16, 2012
Aeternum Capital has successfully recommissioned its biodiesel, bioliquids and biolubricants manufacturing plant at Bromborough, near Liverpool.
A £12 million (€14.32 million) investment last year allowed for commercial biodiesel production to begin. Biolubricants are set to go into production when the Automatic Batch Blending (ABB) unit progresses through final... [Read More]
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Feb 16, 2012
OriginOil, a developer of next-generation algae oil technologies for transportation fuel, chemicals and foods markets, has appointed Melbourne-based Frontline Engineering Australia as its first Certified Support Partner. Frontline will help algae producers and integrators, install, engineer and operate OriginOil systems in Australia and also the Asia-Pacific region. ... [Read More]
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Feb 15, 2012
The Brazilian ministry of environment and Brazilian Development Bank have launched a new credit line supporting projects focused on greenhouse gas reduction and climate change solutions.
It was established under the National Climate Change Fund, and aims to encourage private, municipal, and state investments to support objectives set by Brazil’s National Policy on... [Read More]
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Feb 15, 2012
Kansas could become home to one of the first commercial-scale cellulosic ethanol refineries in the US.
The global energy company Abengoa Bioenergy, aims to open what could be the first ethanol plant of this scale, in Hugoton, in 2013. It is expected to create 300 construction jobs, 65 permanent jobs and generate an annual payroll of almost $5 million (€3.8... [Read More]
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Feb 14, 2012
Amyris CEO John Melo has admitted that the company, which produces chemicals and fuels from sugar cane, has had trouble maintaining reliable production of its operations in Brazil.
‘We showed conclusively that our technology does work at scale, but also learned that it takes time to translate from peak yield levels in the lab to maintaining those yields over... [Read More]
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Feb 14, 2012
Marine fuel supplier Chemoil has made $67.7 million (€51.3 million) profit before tax, which is a more than $79 million rise on last year’s figures.
The company also reported a record volume of 22.5 million tonnes for 2011 and entered into the aviation fuel business by supplying the industry with 65 billion gallons last year, forming the Chemoil Aviation division.
Its... [Read More]
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