
Aug 10, 2011
Aventine Renewable Energy reports Q2 net loss
Other News
Aug 10, 2011
In India, Bharat Renewable Energy (BREL), a joint venture of Bharat Petroleum, one of the country's largest petroleum companies, has initiated a programme with SG Biofuels (SGB) to develop and deploy elite hybrids of jatropha for the production of biodiesel.
Phase one of the project involves a crop development effort to produce cross varieties of jatropha adapted to unique... [Read More]
Other News
Aug 10, 2011
Renewable oil company Solazyme and Bunge Global Innovation, an agribusiness and food company, have agreed to form a joint venture that will produce triglyceride oils in Brazil.
Under the JV, Solazyme and Bunge will build a new plant on the site of Bunge's existing sugarcane mill in Brazil. Upon completion, slated for 2013, the facility will produce 100,000 tonnes of renewable... [Read More]
Other News
Aug 10, 2011
In Jamaica, one of the nation's three ethanol producers – Jamaica Ethanol Processing – has been forced to close its operations following the continuing rise of feedstock prices.
'The CBI (Caribbean Basin Initiative) ethanol business has been in distress for the last three years, initiated by the volatility of the commodities market and essentially an upside... [Read More]
Other News
Aug 8, 2011
Rosetta Green, an Israel-based public company, which develops improved plants traits for the agriculture and biofuel industries, has been awarded a three-year grant from the Canada-Israel Industrial Research and Development Foundation (CIRDF).
The grant will fund a project between Rosetta Green and Canada's Agrisoma Biosciences. Together the two companies will work to... [Read More]
Other News
Aug 5, 2011
With a goal to produce 3 billion litres of ethanol in the 2012/2013 crop year, biofuels company ETH Bioenergia of Brazil is looking to expand its sugarcane plantation by 100,000 hectares.
In addition to the 3 billion litres of ethanol, ETH plans to generate 2,700GWh of renewable power.
The company has already started building its Agua Emendada ethanol plant, located in... [Read More]
Other News
Aug 5, 2011
Currently under construction in Indian River County, Florida, US, construction on the INEOS New Planet BioEnergy plant is now scheduled to finish 'by this period of time next year' instead of April 2012, according to the company's president David King.
The reason for the delay has been attributed to the time it took to evaluate and hire construction firm AMEC back in 2010.
INEOS... [Read More]
Other News
Aug 4, 2011
In Hawaii, US, biodiesel company Pacific Biodiesel will deliver its fuel to the new Hawaiian Electric Company-operated 8MW Honolulu International Airport Emergency Power Facility.
Hawaiian Electric and Pacific Biodiesel reached an agreement on 2 August, which will see Pacific Biodiesel supply the facility with at least 250,000 gallons of biodiesel produced from used cooking... [Read More]
Other News
Aug 4, 2011
Aeromexico is the latest airline to fly its planes on biofuel. Along with Boeing, the two companies powered a flight from Mexico City to Madrid using a General Electric motor that ran on bio-combustible fuel.
The flight, which took off at the beginning of August, had 250 passengers on board. The airline plans to make the flights more regular by implementing a programme... [Read More]
Other News
Aug 1, 2011
US-based enzyme developer Verenium has repurchased approximately $5.2 million (€3.6 million) in principal amount of its 5.5% Notes and approximately $3 million in principal amount of 9% Notes.
'We are very pleased to have taken another important step toward creating a capital structure that is appropriate to support the continued growth and success of the company,'... [Read More]
Other News
Aug 1, 2011
Canadian waste-to-biofuels company Enerkem has closed C$29 million (€21 million) in additional financing through corporate equity (C$14.5 million) and corporate debt (C$14.2 million) transactions.
As part of the equity financing round, The Westly Group, Fondaction CSN and Quince Associates join existing investors Valero Energy, Waste Management, Rho Ventures, Braemar... [Read More]
Other News
Aug 1, 2011
Agave, a plant normally used to produce tequila, has been found to offer significant advantages as a biofuel feedstock.
The crop can be grown on marginal agricultural land, while thriving in dry environments and yielding high sugar content, according to a report from the Smith School of Enterprise and Environment, entitled 'Life cycle energy and greenhouse gas analysis... [Read More]
Other News
Aug 1, 2011
In Kansas, US, Abengoa is developing a biomass to bioethanol plant, with support from the US Department of Agriculture (USDA).
The project is one of four to receive funding from the Biomass Crop Assistance Program (BCAP).
Abengoa's project, planned for Hugoton, near to its existing biomass plant, will be able to produce 100 million litres of cellulosic ethanol and 20MW... [Read More]
Other News
Jul 29, 2011
In Colombia, EcoPetrol's Bioenergy S.A.is planning a 480m3 per day sugar-to-ethanol plant in Los Llanos.
Biofuels technology and process engineering company Praj Industries has been awarded a $22 million (€15.4 million) contract to supply the main process plant for the project.
Speaking about the order, Pramod Chaudhari, executive chairman of Praj Industries, said:... [Read More]
Other News
Jul 28, 2011
Brazil's energy giant Petrobras is looking to produce 5.6 billion litres of ethanol by 2015, according to Miguel Rossetto, CEO of the company's biofuel division Petrobras Combustíveis.
The ramp up would see Petrobras obtain 12% of the domestic market. The company had a 3.3% share in the market last year, after it manufactured 1 billion litres of ethanol.
Between... [Read More]
Other News
Jul 28, 2011
Hunt Ramsbottom, CEO of Rentech is to provide the keynote address on 3 October at the Biofuels International expo & conference in Calgary, Canada.
Rentech's proposed Olympiad Renewable Energy Centre (Olympiad Project), located in White River, Ontario, Canada will be designed as a state-of-the-art energy facility that would employ the Rentech-ClearFuels biomass gasification... [Read More]
Other News
Jul 28, 2011
In Tocantins, Brazil, Pedro Afonso Açúcar e Bioenergia, a joint venture between ITOCHU and Bunge, began manufacturing ethanol on 22 July.
ITOCHU holds 20% of the shares in the joint venture, through its wholly owned subsidiary JB BioEnergy. Bunge owns the remaining 80%.
ITOCHU and Bunge have also formed a partnership for the production and sales of ethanol... [Read More]