Mar 18, 2009
Biomass steams ahead in Western Australia
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Mar 18, 2009
The European Union has slapped import fees on US biodiesel, saying it had to protect European producers from unfair American subsidies and below-cost selling.
The EU fees will affect biodiesel sold by Archer Daniels Midland Co., Cargill Inc. and several others to Europe, the world's biggest user and producer of crop-based fuels.
EU trade spokesman Lutz Guellner... [Read More]
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Mar 18, 2009
Mississippi-based Encore Energy Systems has announced plans to acquire various biodiesel production facilities which are operating under capacity and can be bought at significant discounts.
This represents a major component of the company’s 2009 growth plan. It believes that consolidation of biodiesel assets will position the company as a premier producer and distributor... [Read More]
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Mar 18, 2009
The results of VeraSun’s US bankruptcy court hearing could determine a new floor price for ethanol plants on the bankruptcy auction block.
If the judge approves a suite of bids on VeraSun Energy 17 facilities, buyers interested in other distressed ethanol assets might hope to pay the same low prices offered by VeraSun's suitors.
VeraSun accepted bids on 17 March... [Read More]
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Mar 18, 2009
US ethanol producer Aventine Renewable Energy Holdings has warned it has defaulted on some debt payments and could be seeking Chapter 11 bankruptcy protection.
Shares for the company fell to $0.12 (€0.09) on the news.
The company is seeking equity financing or a buyer for all or part of the company, but will choose bankruptcy if those efforts fail.
Aventine operates... [Read More]
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Mar 12, 2009
Honda Motor Company has developed what it calls the world's first motorcycle powered by an eco-friendly fuel mixed with bioethanol and petrol due for sale in Brazil later this month.
Honda's Brazilian subsidiary plans to sell about 200,000 units of the CG150 Titan Mix, which will come in three models with prices ranging from 6,340 reais to 7,290 reais (€2139-2460).
The... [Read More]
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Mar 11, 2009
Finland-based refiner Neste Oil has announced its S$1.2 billion (€615 million) renewable diesel plant in Singapore is set to be complete by June 2010.
Production on the 800,000 tonnes per year plant is anticipated for Q3 2010.
The NExBTL plant will use feedstock such as animal fat, palm oil and other types of vegetable oils.
The firm plans to hire up to 60 people... [Read More]
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Mar 10, 2009
Brazilian company Uniduto Logistica will begin building the first phase of a major Brazilian ethanol pipeline in April 2010, with operations due for 2011-2012.
The pipeline will run from Brazil's main sugarcane-producing region in Sao Paulo state to the port of Santos.
The first phase has a budget of 1.8 billion reais (€603 million) to build 600km of pipeline.... [Read More]
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Mar 10, 2009
Hindustan Petroleum (HPCL), India’s second-largest state-owned oil refining and marketing company, is increasing activities in the ethanol sector.
An investment of Rs 600 crore (€91.3 million) has been lined up by the company to re-start the two sugar mills it has acquired in Bihar.
Apart from sugar, the mills will produce ethanol and generate around 100MW of power... [Read More]
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Mar 10, 2009
Finland-based natural gas importer and retailer Gasum and bioenergy company Biovakka have agreed to partner on biogas projects.
The collaboration will bring about the production of biogas for transmission via the natural gas network for use as transport fuel.
The first biogas facility in an area within the natural gas network is planned for Nastola at an investment... [Read More]
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Mar 10, 2009
A biodiesel plant has arrived in El Salvador from Colombia to be used in a pilot plan this month to study the profitability of producing biofuel.
The plan will look at the entire production chain. The government has purchased 18.5 tonnes of palm oil from Honduras to produce the biodiesel and test the biofuel in vehicles of the national agriculture technology centre.
The... [Read More]
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Mar 10, 2009
The Czech power group CEZ raised production of electricity from biomass by a third to 327 GWh in the Czech Republic during 2008.
CEZ used 347,000 tonnes of biomass last year, 50% more on the year before, with all sources burning biomass together with brown coal.
The amount of power would cover the annual consumption of over 93,000 households.
CEZ, which is majority... [Read More]
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Mar 9, 2009
The Netherlands-based private equity firm Waterland has reached a final agreement with sustainable energy company Econcern for participation in BioMCN’s biomethanol projects.
The additional capital enables producer BioMCN to continue further investments in the construction of processing units for the production of biomethanol, on the world’s largest second generation... [Read More]
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Mar 9, 2009
Brazil’s BNDES state development bank will lend 2.5 billion reais (€834 million) to ethanol producers to boost production.
The funding will be used to stockpile 3.3 billion litres of ethanol, the Agriculture Ministry says.
Producers will be required to commit some of their own funds to store ethanol, boosting total inventories under the programme to 5 billion litres,... [Read More]
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Mar 9, 2009
Indonesia and South Korea have agreed to develop a seaweed-based biofuel in an attempt to encourage green energy in the two countries.
The use of seaweed is gaining support from environmentalists who have criticised the use of land-based raw materials such as palm oil, maize and sugarcane as causing deforestation across Indonesia's tropical forests.
Indonesia's... [Read More]
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Mar 6, 2009
Brazil’s oil giant Petrobras has announced a business plan for investments of $2.4 billion (€1.89 billion) into biodiesel and ethanol production for the 2009-2013 period, 91% of which will be in Brazil.
This amount is part of the total of $2.8 billion Petrobras has earmarked for the biofuels business, which also foresees expenditures of $400 million in infrastructure,... [Read More]
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Mar 5, 2009
South Dakota, US-based KL Energy and Prairie Green Renewable Energy of Alberta, Canada, are conducting a joint effort to develop a cellulosic ethanol plant near Hudson Bay, Saskatchewan, Canada.
The companies plan to build a plant that initially provides 5mgy of cellulose ethanol to the Saskatchewan market. Plans include a second facility that will allow doubling production.
The... [Read More]
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