Nov 19, 2008
US raises ethanol fuel standard for 2009
Other News
Nov 19, 2008
Agribusiness US Sugar has entered into an agreement with Illinois-based renewable energy company Coskata to explore building a 100 million gallon a year cellulosic ethanol facility in Clewiston, Florida.
The facility would be the world's largest second generation ethanol facility. It would convert left-over sugarcane material into ethanol, and would help Florida... [Read More]
Other News
Nov 19, 2008
Dominican Republic-based W2E Resources will construct a plant to produce ethanol and electricity, transforming solid waste, including sugarcane bagasse, at a cost of around US$200 million (€158.5 million).
The company is undertaking the environmental impact study and engineering of the final draft, with construction expected to begin early next year, and around 24... [Read More]
Other News
Nov 19, 2008
Cambodia opened its first ethanol factory to generate biofuel from cassava flour on Monday 17 November.
The plant has a capacity of 36,000 tonnes a year.
‘This factory will become the market place of cassava product for local farmers,’ Cambodia Prime Minister Hun Sen comments.
The project, with $40 million (€31.5 million) investment from MH Bio-energy Group... [Read More]
Other News
Nov 19, 2008
Ethanol producer VeraSun Energy expects to report a Q3 net loss of approximately $464 million (€367.6 million).
The figure is more than four times the number quoted in an earlier announcement that accelerated the company's fall into bankruptcy protection.
The second largest US producer, with about 13% of the nation's ethanol capacity, filed for bankruptcy... [Read More]
Other News
Nov 19, 2008
US-based White Mountain Group is expected to inject US$16 million (€12.6 million) worth of investment into Australian Biodiesel Group (ABG) in exchange for 51% of ABG's issued share capital.
White Mountain will provide US$6.2 million to install a new processing and refining plant to be located on current ABG premises. Another US$3 million will go to securing a... [Read More]
Other News
Nov 19, 2008
Germany-based biofuel producer Verbio has reported higher profits with the aid of growing biodiesel exports, but made losses on bioethanol.
‘About 40% of biodiesel production was exported, largely to east Europe,’ the company says, adding that Germany's increased taxes on biofuels resulted in a large cut in sales by all producers inside Germany.
It estimated... [Read More]
Other News
Nov 19, 2008
Carotech, one of Malaysia’s largest producers of palm methyl ester, has signed a RM200 million (€43.9 million) contract with Trafigura Beheer, Amsterdam, for the export of its refined and distilled palm biodiesel to the US and Europe.
‘Trafigura has been our customer since 2007 and this agreement is important to us as it would take up more than 50% of our capacity... [Read More]
Other News
Nov 19, 2008
Switzerland-based biodiesel producer Biopetrol Industries began to bring its 400,000 tonne a year plant in Rotterdam on stream this week and plans to run the operation at half capacity in 2009.
Initially the company expected the plant to be fully operational by the end of Q1 2009 but the company would run just one of two lines due to conservative planning and the outlook... [Read More]
Other News
Nov 19, 2008
Raven Biofuels International has entered into a Memorandum of Understanding (MOU) with Price Biostock (Price) to develop an ethanol biorefinery located in the Gulf Opportunity Zone of Mississippi, US.
The agreement calls for a biorefinery output of 33 million gallons a year based on a projected 21 million gallons a year of fuel grade ethanol and 12 million gallons a year... [Read More]
Other News
Nov 19, 2008
The federal government is raising the target for the amount of ethanol used in the US petrol supply to 11.1 billion gallons.
The US Environmental Protection Agency (EPA) has set its 2009 Renewable Fuels Standard at 10.21%, equating to 11.1 billion gallons of ethanol.
The 2008 RFS was 7.76%, or an approximate 9 billion gallons.
The US Energy Independence and Security... [Read More]
Other News
Nov 19, 2008
Agribusiness US Sugar has entered into an agreement with Illinois-based renewable energy company Coskata to explore building a 100 million gallon a year cellulosic ethanol facility in Clewiston, Florida.
The facility would be the world's largest second generation ethanol facility. It would convert left-over sugarcane material into ethanol, and would help Florida... [Read More]
Other News
Nov 19, 2008
Dominican Republic-based W2E Resources will construct a plant to produce ethanol and electricity, transforming solid waste, including sugarcane bagasse, at a cost of around US$200 million (€158.5 million).
The company is undertaking the environmental impact study and engineering of the final draft, with construction expected to begin early next year, and around 24... [Read More]
Other News
Nov 19, 2008
Cambodia opened its first ethanol factory to generate biofuel from cassava flour on Monday 17 November.
The plant has a capacity of 36,000 tonnes a year.
‘This factory will become the market place of cassava product for local farmers,’ Cambodia Prime Minister Hun Sen comments.
The project, with $40 million (€31.5 million) investment from MH Bio-energy Group... [Read More]
Other News
Nov 19, 2008
Ethanol producer VeraSun Energy expects to report a Q3 net loss of approximately $464 million (€367.6 million).
The figure is more than four times the number quoted in an earlier announcement that accelerated the company's fall into bankruptcy protection.
The second largest US producer, with about 13% of the nation's ethanol capacity, filed for bankruptcy... [Read More]
Other News
Nov 19, 2008
US-based White Mountain Group is expected to inject US$16 million (€12.6 million) worth of investment into Australian Biodiesel Group (ABG) in exchange for 51% of ABG's issued share capital.
White Mountain will provide US$6.2 million to install a new processing and refining plant to be located on current ABG premises. Another US$3 million will go to securing a... [Read More]
Other News
Nov 19, 2008
Germany-based biofuel producer Verbio has reported higher profits with the aid of growing biodiesel exports, but made losses on bioethanol.
‘About 40% of biodiesel production was exported, largely to east Europe,’ the company says, adding that Germany's increased taxes on biofuels resulted in a large cut in sales by all producers inside Germany.
It estimated... [Read More]
CONNECT WITH US
The American Coalition for Ethanol (@ACE) has praised the inclusion and extension of the Clean Fuel Production Credit — commonly referred to as Section 45Z — in the final tax and spending package passed by Congress.
https://biofuels-news.com/news/ace-applauds-biofuel-inclusion-in-big-beautiful-bill/
#biofuels #biodiesel #bioethanol #RD
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