Other News
In Europe in mid-January sunflower methyl ester (SME) was trading at a $200/tonne (€155/tonne) premium to Ice gasoil for February dates fob ARA, despite reports of a prompt oversupply, a report by Argus Biofuels finds.
Bid/ask spreads for fatty acid methyl ester (FAME) zero was broadly around a $190/t premium to the Ice futures screen.
Further forward activity on the second quarter forward…
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US-based ZeaChem, a developer of biorefineries for the conversion of biomass into fuels and chemicals, has raised $34 million (€26 million) in initial Series B financing.
ZeaChem is developing a cellulose-based green fuels and chemicals biorefinery platform that converts renewable non-food biomass into market-competitive products such as ethanol.
ZeaChem will begin construction on the plant…
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Emami Biotech, the first biodiesel production company in Eastern India, has started production at its plant in Haldia.
The plant was started in 2007 and is aiming for a capacity of 100,000 tonnes of biodiesel a year.
The biofuel plant is a collaboration with Desmet Ballestra, an Italian-Belgian joint enterprise, with a total project cost of Rs 1.5 billion (€23.3 million).
India’s…
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New York-based renewable fuels producer Innovation Fuels has acquired the former Shell Oil terminal at the Port of Milwaukee in the US.
Innovation Fuels says it will use the 310,000 barrel capacity terminal to bring biodiesel and other renewable fuels in and out of the Midwest to the east coast and overseas.
The terminal was built in the 1950s as Shell Oil's Milwaukee headquarters.
It…
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Indiana, US-based Agresti, an ethanol-making venture, has signed an agreement with Vietnam’s Phuc Yen Co. to build and operate ethanol facilities in Vietnam.
Agresti’s venture will produce ethanol from landfill waste in Vietnam using a gravity-pressure-vessel technology.
Formerly known as Indiana Ethanol Power, Agresti plans to start building its first US project in Pike County, Kentucky in…
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The world’s first legal bio-fuelled flying car is set to journey 3,600 miles from London to Timbuktu.
The Parajet Skycar is a dune buggy with a fan motor and paragliding wing attached.
While on the ground, the Skycar runs off a biofuel-powered engine capable of taking it from 0-60mph in 4.5 seconds with a top speed of 108mph.
The expedition will travel through France, Spain, Morocco, Western…
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Canada-based biofuels and biochemicals technology Enerkem has announced that its first commercial-scale plant located in Westbury, Quebec, is entering start-up phase and will soon begin production of the company's clean conditioned synthesis gas.
The company’s Westbury plant will process treated wood from used electricity poles. At full capacity it will produce 5 million litres of…
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The US’ second largest ethanol producer VeraSun Energy has suspended three distilleries, due to descending demand and high production costs.
The company has discontinued output at its 100 million gallon a year plants in Bloomingburg, Ohio, Albion, Nebraska, and Linden, Indiana.
Corn rose 58% from January to July last year before falling to 13% from year to year levels on 9 January.
VeraSun…
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Following a successful start-up in Q4 2008, Poet Research Center in Scotland, South Dakota, US, is now producing cellulosic ethanol at a pilot scale.
The Scotland plant is producing ethanol at a rate of 20,000 gallons a year using corn cobs as feedstock.
The $8 million (€6 million) endeavour is a precursor to the $200 million Project Liberty, a commercial-scale cellulosic ethanol plant that…
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US Laidlaw Energy Group, through its affiliate Laidlaw Berlin BioPower, has completed the acquisition of the former Fraser Paper pulp mill site in Berlin, New Hampshire.
Laidlaw has been working on the site for the last two years to develop a 66 megawatt biomass-to-energy project. The company has also been working to line-up the requisite financing for the project.
‘The complex history of the…
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US-headquartered Magellan Midstream Partners has added ethanol blending capabilities at two Texas-based terminals, including a third truck rack lane at its terminal in Fort Worth.
The Fort Worth terminal now has 18,000 barrels of ethanol storage. In addition, the facility can receive ethanol via truck through an automated off-loading system that is open 24 hours a day.
The West Fort Worth…
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Portugal-based biodiesel producer Gleinol is set to install a unit to produce biodiesel in Castelo Branco using oil-producing plants from Angola.
Gleinol has set up partnerships in Africa and in Brazil to obtain raw materials for the project, José Luís Brito, Gleinol director, comments.
Gleinol started out with a production area of 700 hectares in Angola, which recently increased to 13,000…
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The Philippines-based San Carlos BioEnergy will start commercial operations of its P2.5-billion (€38.9 million) integrated ethanol distillery and co-generation power plant by mid-January.
The project responds to the country’s 5% ethanol mandate to commence in February.
San Carlos BioEnergy started testing and commissioning of the plant in December.
The plant, located at the San Carlos…
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US state Pennsylvania has signed a letter of agreement with 10 other eastern states to reduce greenhouse gas emissions from transportation fuels and other sources by developing a regional low carbon fuel standard.
Vehicles using low carbon transport fuels include cars fuelled with biodiesel and ethanol, especially cellulosic ethanol made from non-food plant materials; and those powered by…
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PetroAlgae, a US-based developer of systems to produce biofuel from algae, announced that it has closed on a $10 million (€7.4 million) capital raise through the sale of approximately 3.2 million of newly-issued shares of common stock to two existing investors.
The company said that the proceeds from the stock sale will be used to help finance the commercial launch of PetroAlgae’s biodiesel…
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#Spain’s #Repsol is preparing to raise jet fuel output by 15–20% in response to mounting supply disruptions caused by the #Iran #war, which has unsettled global energy markets and tightened aviation fuel availability.
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#Nufarm Limited has expanded its strategic #partnership with #bp, reinforcing Nufarm’s ambition to scale sustainable biofuels and help meet growing demand for sustainable aviation fuel (SAF) and renewable diesel (RD).
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#Thailand has moved to restrict #palm #oil #exports as domestic demand for #biodiesel surges, a trend closely linked to the ongoing conflict in the Middle East.
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