Dec 19, 2016
Gevo stockholders approve reverse spilt, helps to maintain listing on NASDAQ Capital Market
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Dec 16, 2016
Denmark has agreed plans to implement a 0.9% advanced biofuels blending mandate by 2020 for use in transportation.
This news will provide a boost to second-generation biofuels. For example, biofuels made from waste materials.
This puts Denmark ahead of European countries such as Italy, which has an advanced biofuels blending mandate of 0.6%.
According to the Danish government,... [Read More]
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Dec 15, 2016
The government of the state of Queensland in Australia will target domestic and international biofutures investment to help boost the industry in the state.
Speaking in Parliament, Queensland Premier Annastacia Palaszczuk announced the beginning of an Expression of Interest process to attract biofuels proponents.
“We know if we want to unlock the jobs of tomorrow,... [Read More]
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Dec 15, 2016
Chevron Products Co., a division of US oil and gas firm Chevron USA , and Novvi has announced that Chevron has made an equity investment into Novvi , a joint venture of Amyris , Cosan S.A., and American Refining Group.
Novvi’s products and technology are recognised by the global lubricant market to deliver sustainable, high-performance solutions in a range of lubricant... [Read More]
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Dec 15, 2016
As part of President Obama’s Climate Action Plan to cut carbon pollution and create clean energy jobs, US Secretary of the Interior Sally Jewell has announced new steps with Western states to encourage the development of renewable power, efficiently deliver that electricity to market, and meet growing consumer demands for clean energy.
Under a Memorandum... [Read More]
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Dec 14, 2016
US ethanol producer and marketer Pacific Ethanol has announced a series of agreements to refinance debt and acquire ownership in a grain elevator in Nebraska.
The company is refinancing its $155.1 million (€ 146.1m) principal term debt, due in September 2017.
The deals include a new $64-million five-year term amortising loan from CoBank and First Farm Credit... [Read More]
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Dec 14, 2016
A majority of American voters believe that shifting the point of obligation under the Renewable Fuel Standard (RFS) from refiners to wholesalers and fuel retailers would harm the US economy, according to a survey released today by NATSO, the national trade association representing truckstops and travel plazas, the Society of Independent Gasoline Marketers of America (SIGMA),... [Read More]
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Dec 13, 2016
French waste management specialist Suez and oil giant Total have teamed up to collect and recycle used cooking oil in France.
As part of their ten-year partnership, Suez will supply 20,000 metric tonnes of used cooking oil a year to Total. Collected throughout France, the oil will be processed into biofuel at Total’s La Mede biorefinery.
In response to growing... [Read More]
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Dec 13, 2016
Three members of the Governor’s Biofuel Coalition sent a letter to President-elect Donald Trump thanking him for his repeated statements of support for biofuels and the renewable fuels standard (RFS) during the US presidential campaign.
The letter signed by Nebraska Governor Pete Ricketts, Iowa Governor Terry Branstad and South Dakota Governor Dennis Daugaard.
“We... [Read More]
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Dec 12, 2016
Bill Gates, Jeff Bezos, Vinod Khosla, Jack Ma, John Doerr and 15 other high-profile investors have formed a new venture firm, Breakthrough Energy Ventures, that will pour at least $1 billion (€943,000,00m) into cleantech companies over the next 20 years.
The firm’s goal, according to its own website will be: “to provide everyone in the world with... [Read More]
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Dec 12, 2016
Borregaard and Rayonier Advanced Materials announced that the companies have secured the necessary approvals from their boards of directors and the appropriate permits to proceed with the investment for construction of a new lignin facility at RYAM’s Fernandina Beach site in Florida.
The venture, named LignoTech Florida (LTF), will serve the growing global demand... [Read More]
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Dec 12, 2016
A new biocrude and biofuels laboratory has opened in Queensland, Australia, on the site of the Northern Oil advanced biofuels pilot plant in Gladstone.
Southern Oil and JJ Richards & Sons, joint venture partners in the Northern Oil Refinery at Yarwun, near Gladstone, built the multi-million dollar laboratory with funding support from the Australian Renewable Energy... [Read More]
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Dec 12, 2016
Eleven oil-making countries, who are not members of the Opec (Organization of Petroleum Exporting Countries) oil cartel, have agreed to cut their output to boost prices.
The news will be welcome by the biofuels industry as it eases pressure on the sector.
The group of states, which includes Russia, said on 10 December that they will cut supplies by 558,000 barrels per... [Read More]
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Dec 12, 2016
The US state of Maine has launched a new initiative called the Maine Born Global Challenge to help support and finance bio-based projects.
The initiative covers a wide range of sectors including biomass handling and biofuels.
Under the scheme, companies of complementary technologies will be grouped into project teams, assigned to specific power plant locations, given funding... [Read More]
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Dec 9, 2016
US speciality chemical producer Solenis and Hydrite Chemical Co. have announce dthe resolution of pending legal actions filed by Hydrite against Solenis regarding Solenis’ patents for using polysorbate as an additive for corn oil extraction aids.
As a result of the settlement, Solenis has licensed the use of its corn oil extraction technology to Hydrite. Under the... [Read More]
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Dec 9, 2016
Finnish forest industry company UPM has become member of RSB, the Roundtable on Sustainable Biomaterials. RSB is a global standard and certification scheme for sustainable production of biomaterials and biofuels. It is also an independent multi-stakeholder coalition, which works to support the sustainability of biomaterials.
RSB is considered one of the strongest sustainability... [Read More]
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Dec 9, 2016
Consumers are willing to pay more for second-generation biofuels than conventional fuel, according to a new study from Washington State University.
In fact, the study found that consumers are willing to pay 11% more over traditional fuel.
“We were surprised the premium was that significant,” said Jill McCluskey, WSU professor in the School of Economic... [Read More]
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