Aug 25, 2010
Pannon Ethanol invests in bioethanol plant
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Aug 24, 2010
In Blount County, Tennessee, US, Genera Energy, a for-profit limited liability company wholly owned by the University of Tennessee Research Foundation and Alcoa, Tennessee Operations, the world’s largest producer of rolled aluminium can sheet, have formed a partnership to cultivate switchgrass, a popular perennial grass known for producing cellulosic ethanol.
Switchgrass... [Read More]
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Aug 24, 2010
El Maniel International’s subsidiary EMLL Energy has entered into preliminary discussions with a Chicago-based biofuels distributor and oil terminal operator.
EMLL and the provider had exchanged preliminary information and formalities sufficient to move forward with a site visit to the oil terminal facility in the coming days to assess its overall potential accordingly.... [Read More]
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Aug 24, 2010
Alberta is under increasing pressure to become more environmentally friendly and is home to the largest biorefinery in North America. During 2009-10 $55 million (€33 million) will be committed for biofuel initiatives to support the development of renewable energy and offer additional economic opportunities for rural Alberta and the agriculture and forestry industries.
Alberta’s... [Read More]
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Aug 24, 2010
Renewable fuels provider New Generation Biofuels Holdings has reported a $3 million (€2.36 million) net loss for the quarter ended 30 June 2010. This is an improvement compared to the firm’s $6.3 million net loss reported for the same period in 2009.
For the first half of 2010 New Generation had a net loss of $5.9 million compared to its $8.7 million net loss for... [Read More]
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Aug 23, 2010
After signing an agreement to acquire two ethanol plants in Iowa, US, Flint Hills Resources has announced its plans to purchase the Hawkeye ethanol plants in Menlo and Shell Rock.
The two facilities, which both opened in 2008 and produced a total combined capacity of 200 million gallons of ethanol, are to change hands in September this year.
However with 15 staff working... [Read More]
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Aug 19, 2010
On 18 August 2010 Ambrian Capital acquired international energy trading company Masefield Group’s biofuels business, Masefield Biofuels.
The business, which supplies its European customers with biodiesel and other biofuels, will now trade under the name Ambrian Energy GmbH. Ambrian Capital is expected to invest $5 million (€3.9 million) in the business.
Ambrian... [Read More]
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Aug 19, 2010
When it comes to biofuels markets, Canada and the US could not be more different. The US market grew quickly and as a result created an environment of overcapacity where some producers struggled to survive.
In contrast the market in Canada is fairly nascent, yet it enjoys exceptionally high public and government support. This gives Canada the perfect opportunity to learn... [Read More]
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Aug 18, 2010
In South America, Cargill Argentina, the Argentinean-based business of biofuels distributor Cargill, is looking to expand its biodiesel output in the region.
The company recently invested $112 million (€87.2 million) in the construction of a 72mgy biodiesel production plant in the Santa Fe province of Argentina. The refinery, which will process 13,000 tonnes of soyabeans... [Read More]
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Aug 18, 2010
In Scotland, UK, scientists at Edinburgh Napier University have developed a new whisky-based biofuel that could be available at filling stations in as little as a few year’s time.
The nation’s whisky industry is worth £4 billion (€4.8 billion). Two by-products created during whisky production and available in abundance are pot ale and draff. Both produced during... [Read More]
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Aug 18, 2010
US-based biofuels producer and cellulosic ethanol technology provider BlueFire Ethanol Fuels has changed its company name to BlueFire Renewables in a bid to communicate more effectively the firm’s numerous capabilities in renewable energy.
The name change comes as the company produces a number of different biofuels, including ethanol, biodiesel and biojet fuel. This... [Read More]
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Aug 17, 2010
Ethanol producer Aventine Renewable Energy has recently completed the acquisition of an ethanol plant in Illinois, US.
Aventine purchased the Canton-based facility and all of Riverland’s remaining assets for $16.5 million (€12.8 million).
Commenting on the deal, which closed on 6 August 2010, the CEO of Aventine Torn Manuel said: ‘This is an exciting opportunity... [Read More]
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Aug 16, 2010
In the city of Luverne, Minnesota, US, biofuels company Gevo is to acquire an ethanol plant currently owned by biofuels producer Agri-Energy.
Once the deal is closed Gevo will begin retrofitting the facility to produce isobutanol in addition to ethanol. While the retrofit is taking place it is thought that the plant will continue with its production of ethanol. The plant... [Read More]
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Aug 13, 2010
Biofuels contributed to a total 4% share of all EU vehicle fuel last year.
In 2009 the consumption of biofuels reached 12.1Mtoe but this needs to increase by a further 6Mtoe by the end of this year if the RED target of 5.75% is to be met.
According to EurObserv’ER figures, the use of biofuels between 2008 and 2009 grew by 18.7%, compared to 2007 and 2008’s 30.3%... [Read More]
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Aug 13, 2010
Litasco, the Geneva-based international trading and supply arm of Russian oil major Lukoil, has established a joint venture with Spain-based oil company Meroil for the extension of the existing Meroil terminal in the Port of Barcelona.
In line with the Litasco group strategy to develop its commercial activities globally and increase its presence in key oil markets, this... [Read More]
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Aug 13, 2010
The Port of Rotterdam joins the ranks climbing out of the recession as it reports a rise in liquid bulk handling throughput in the first half of 2010.
A total of 213 million tonnes of cargo were handled, 14.8% up on the same period of 2009. Outgoing trade rose by 15% to 62 million tonnes, and incoming by 14.7% to 150 million tonnes. The handling of bulk cargo increased... [Read More]
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Aug 12, 2010
In San Francisco, US, the Green Party is fighting against a proposed biofuel plant, claiming that the fossil fuel alternative has a negative effect on the environment.
Texas-based Darling International, a provider of rendering, recycling and recovery solutions to the food industry, owns the site, which currently converts the bones and fat from slaughtered animals into... [Read More]
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