Jun 2, 2016
Renewable energy investment reaches record levels across the world
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Jun 1, 2016
Gevo Inc., a US-based advanced biofuels company, has commenced a review of strategic alternatives and engaged Cowen & Company as a financial advisor to assist in the review.
Gevo’s board of directors and its advisor have established a process for outreach to, and engagement with, interested strategic and financial parties.
"After careful consideration, including... [Read More]
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Jun 1, 2016
Global heavyweights such as Audi, Novozymes, LanzaTech and DuPont are partnering with the World Business Council for Sustainable Development (WBCSD), Roundtable for Sustainable Biomaterials (RSB) and Sustainable Energy for All (SE4ALL) through a new global initiative called below50, to promote sustainable fuels that can achieve significant carbon reductions.
According... [Read More]
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May 31, 2016
Australia-based Licella Fibre Fuels and Canada-based Canfor Pulp Products, through its subsidiary Canfor Pulp, have signed an agreement to form a joint-venture under the name Licella Pulp Joint Venture.
Licella Pulp Joint Venture will investigate opportunities to integrate Licella’s Catalytic Hydrothermal Reactor (Cat-HTR) upgrading platform into Canfor Pulp's kraft... [Read More]
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May 31, 2016
The US Department of Agriculture (USDA) is investing funds to strengthen biofuel production and keep people who work at renewable energy facilities employed, announced US Agriculture Secretary Tom Vilsack.
In a statement, the Department said it will invest $8.8 million to boost the production of advanced biofuels in 39 states.
In a statement, USDA said that it continues... [Read More]
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May 27, 2016
The European Commission (EC) has announced that it will refer Poland to the European Court of Justice for restricting import access to its biofuel and feedstock markets.
In a statement, the EC said that “Polish law is not fully in line with EU law”.
Polish biofuels law gives preferential treatment to operators who source at least 70% of their liquid or gaseous... [Read More]
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May 27, 2016
New Delhi-headquartered Sunlight Fuels has entered into a Front End Loading FEL-2 license agreement for IH2 technology with a Singapore-based affiliate of CRI Catalyst Company (CRI), a global catalyst technology company of the Shell Group.
IH2 technology is a continuous catalytic thermo-chemical process which produces fungible hydrocarbon transportation fuels from agricultural,... [Read More]
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May 27, 2016
California’s biofuel industry is calling on state legislators to allocate $210m from a green fund run by the Governor of California to help incentivise in-state production of low carbon biofuels.
For the first time, biodiesel, ethanol and biomethane trade associations and companies are united by the common goal of getting a biofuel initiative passed as part of this... [Read More]
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May 20, 2016
The US Environmental Protection Agency (EPA) is proposing a slight increase in the amount of corn-based ethanol and biofuels blends that will be mixed into gasoline and diesel sold at fuel pumps in 2017.
The EPA wants to see 18.8bn gallons blended into the US’ fuel supply in 2017, up 4% from the 18.11bn gallons set for this year. That volume includes 14.8bn for conventional... [Read More]
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May 20, 2016
A $140 million ethanol plant planned just outside of Onida, South Dakota, US, is having trouble getting off the ground due to legal, financial and regulatory hurdles, according to reports in the Associated Press.
The news agency said according to its president and CEO, Walt Wendland, Ringneck Energy had hoped to start construction this spring and have the plant operating... [Read More]
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May 19, 2016
Bunge, a global agribusiness, has announced that its chief financial officer (CFO), Drew Burke, is retiring at the end of the year.
The company plans to name a successor before the end of the year, and is conducting a search that will consider both internal and external candidates.
"For the past 14 years and in several roles, Drew has made great contributions to Bunge's growth... [Read More]
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May 18, 2016
Dutch chemicals giant AkzoNobel and agro-industrial cooperative Royal Cosun have formed a new partnership to develop novel products from cellulose side streams resulting from sugar beet processing.
The partnership will combine Royal Cosun's specialist knowledge in separating and purifying agricultural process side streams with AkzoNobel's expertise in the chemical... [Read More]
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May 18, 2016
Scientists at the Ontario-based University of Guelph have said they are behind a discovery that could boost the production of biofuels.
The researchers were hoping to learn something about starch production when they inserted genetic material from corn into a small flowering plant, called Arabidopsis, often used in lab experiments because of its ease of use and its similarity... [Read More]
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May 13, 2016
Aemetis, a US-based advanced fuels and renewable chemicals company, has confirmed that it expects to finalise its acquisition of Edeniq, a US cellulosic ethanol technology company, in June.
On 5 May, 2016, Aemetis entered into a definitive agreement to acquire Edeniq. Edeniq has developed patented innovations that unlock cellulosic and starch sugars through a combination... [Read More]
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May 13, 2016
Amyris, a California-headquarted industrial bioscience company, has narrowed its first quarter loss by 71% to $15.3 million (€313m), compared to a net loss of $52.2 million during the same period in 2015.
In a statement, the company said its stable results were due to delivery of strong renewable product sales growth and continued reduction in operating expenses.
First... [Read More]
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May 12, 2016
The Finnish government's Ministerial Committee on Economic Policy has proposed a guideline on the state's ownership policy regarding the fuel company Neste.
The Prime Minister's Office holding in Neste Corp. is at the moment 50.1% of the shares and votes.
According to the government's proposal, the Prime Minister's Office's holding in the shares would decrease from 50.1%... [Read More]
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May 12, 2016
Two US researchers have received an over $1 million award from the US Department of Agriculture (USDA) that will fund research on developing commercially-viable processes to create biofuels and chemicals from waste plant materials.
The nearly $1.3 million ($1.14m) award was given to Charles Wyman, distinguished professor in chemical and environmental engineering, and Charles... [Read More]
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