Other News

Nov 12, 2008
Paris-based Akuo Energy plans to build a 30 million gallon a year sweet-sorghum-based ethanol plant in Uruguay. It will be Akuo's first international ethanol plant. With Akuo Energy supplying the equity investment, financing arrangements are currently being negotiated, Alain Castro, president of Akuo Energy South America, explains. The last of the necessary governmental permits is…
Read More »
Nov 12, 2008
China-based Hainan Yedao Group has reportedly invested $51.5 million (41.1 million Euros) in a new biofuel facility to produce 33 million gallons a year of bioethanol from cassava plants. The plans follow recent moves from the Beijing government to ban the use of grain-based energy crops in bioethanol, amid concerns demand had led to a decline in food supplies. Cassava avoids the ban as it is a…
Read More »
Nov 12, 2008
US-based agriculture company Archer Daniels Midland and Brazil's Grupo Cabrera have an agreement to form a joint venture to produce ethanol from sugarcane. The partnership will bring together ADM's expertise in ethanol production, logistics and marketing with Cabrera's knowledge of sugarcane agriculture and production. 'As the world's need for food and energy grows, agriculture will provide…
Read More »
Oct 15, 2008
Production has begun at the largest ethanol plant in California, Pacific Ethanol's facility at the Port of Stockton, which is projected to produce 60 million gallons per year. Neil Koehler, president and CEO of publicly traded Pacific Ethanol, says starting up the Stockton plant puts the company on track to produce 220 million gallons of ethanol annually, and dramatically increases the…
Read More »
Oct 15, 2008
Four standards now available from ASTM International provide quality assurance for biodiesel. The new and revised ASTM biodiesel standards include the following: ASTM D975-08a, Specification for diesel fuel oils - used for on and off road diesel applications, has been revised to include requirements for up to 5% biodiesel; D396-08b, Specification for fuel oils - used for home heating and…
Read More »
Oct 15, 2008
Alternative energy producer Panda Ethanol has restructured the financing of its Hereford ethanol plant, clearing the way for $31.5 million (23 million Euro's) in additional funds to continue construction on the plant, located in the Texas Panhandle. Under the restructuring, senior lenders waived all existing defaults under the original financing agreements. The 115 gallon per year ethanol…
Read More »
Oct 15, 2008
Aventine Renewable Energy Holdings will delay the opening of its new ethanol plant in Aurora, Nebraska by roughly three months because of cost concerns. The Illinois-based company had planned to open the 113-million-gallon plant next March but is now aiming for June. Aurora Mayor Marlin Seeman says company officials have prioritised another ethanol project in Indiana ahead of the Nebraska…
Read More »
Oct 24, 2008
Brazil's state-owned oil company Petrobras and Galp Energia SGPS have signed an investment agreement to create a joint-venture to develop a biofuel production and marketing project. The agreement is the outcome of a Memorandum of Understanding the companies signed last May, which was aimed at studying the feasibility of joint biodiesel production, marketing and distribution projects in the…
Read More »
Oct 15, 2008
The government of Scotland plans to increase the use of biofuels, including biodiesel, for transport. The goal is to increase the use from less than 1-10% by 2020 to contribute towards reducing emissions by 80% by 2050. The government is seeking feedback on the proposal, dubbed the Renewable Energy Framework, through Dec. 1 and plans to take action on the proposal in February, 2009. The 80-by-50…
Read More »
Oct 24, 2008
US-based Kinder Morgan Energy Partners (KMP) has announced successful ethanol movements through its Central Florida pipeline system and has begun tests to assess transporting biodiesel through its pipelines on a commercial basis. The company is conducting a test movement of blended B5 biodiesel in a segment of the Plantation Pipe Line system that transports petrol and diesel from Collins,…
Read More »
Oct 15, 2008
Biodiesel producer Natural Fuel plans to start production at the world's largest plant located on Jurong Island, Singapore, by early-November given the recent fall in palm oil prices. 'We are planning to start-up two of our biodiesel lines by either late-October or early-November,' said a source, adding that the company was 'still working on the third line,' and that the…
Read More »
Oct 24, 2008
The Vietnam Oil and Gas Corporation (PetroVietnam) will invest $120 million (93 million Euro's) to set up a bioethanol plant in the Dung Quat economic zone in central Ngai province. The Deputy Minister of Sciences and Technology Nguyen Van Lang says Vietnam has an urgent need to develop biofuels to meet its energy demands. The country is placing a high priority on investment and…
Read More »
Oct 15, 2008
US ethanol producer Southridge has announced plans to acquire an ethanol plant in Brazil that would enable it to produce 50 million gallon/year (190 million litres/year) by May 2009, the Texas-based company said. No financial details were available. The plan will be funded by proceeds from an Asian-based investment transaction nearing completion. Brazil is the world's top exporter of…
Read More »
Previous300301302303304Next