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Gevo has reported a 10% decrease in revenue to $8.1 million (€ 7.2m) for the second quarter of 2016, compared to $8.9 million the year before. The company’s net loss for the quarter was $21.5 million, compared with $14.4 million during the same period in 2015.
The company released its results on 9 August, 2016.
Although the company did not expand on the reasons why its net loss…
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The California Congressional delegation has added its voice to the crowd urging the US Environmental Protection Agency (EPA) to increase its proposed biofuel obligations for 2017.
In an open letter addresses to EPA administrator Gina McCarthy, six Californian Members of Congress expressed their concern that the suggested renewable volume obligations (RVO) under the Renewable Fuel Standard (RFS)…
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Amyris, a US industrial bioscience company, has announced that it has won a three-year multi-million dollar contract from the US Department of Energy (‘DOE') to further the manufacturing of cellulose-derived farnesene for biofuels.
Amyris, in cooperation with Renmatix and Total New Energies USA, will work to develop a manufacturing-ready process utilising wood as the cellulosic…
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Finnish forest firm UPM has made new appointments to its biofuels’ unit.
Sari Mannonen has been appointed vice president, responsible for UPM Biofuels Strategic Business Unit as of 9 August 2016.
Mannonen previously worked as director, sales and marketing within UPM Biofuels and was in that role since 2014, responsible for commercial strategy and product launches in Biofuels business.…
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US lawmakers should recognise the potential of mid-level ethanol blends to contribute to the fight against greenhouse gas (GHG) emissions from traffic, a US ethanol trade association says.
Growth Energy is urging authorities to support high-octane mid-level ethanol blends in the wake of a recent report by the US Department of Energy’s (DOE) Oak Ridge, Argonne, and National Renewable Energy…
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Renewable Energy Group (REG), a US-based biofuels producer, reported second-quarter net income of $6.9 million, after reporting a loss in the same period a year earlier.
The Ames, Iowa-based company said it had net income of 16 cents per share, for the period ended 30 June, 2016. It posted a net loss of $2 million in Q2 2015.
The biodiesel producer posted revenue of $558.3 million in the…
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UPS, a package delivery giant, has announced that it will invest more than $750 million (€670m) for its alternative fuel and advanced technology vehicles by the end of 2016.
It also announced that it has successfully completed one billion miles in its ‘rolling laboratory' fleet of electric, hybrid, natural gas, and biofuel-powered delivery vehicles.
The company announced these measures…
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Land O’Lakes, a US agribusiness, has acquired California-based biotechnology firm Ceres.
Ceres will become part of Land O'Lakes' forage business unit currently comprised of Forage Genetics International (FGI).
Ceres develops and produces seeds of genetically modified crops used for biofuels production.
The transaction brings new advanced plant breeding and biotechnology to FGI's research…
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Biodiesel producers will benefit from a green partnership between Ireland-based industrial enzyme firm Monaghan Biosciences and Australia-based biochemicals specialist Leaf Resources, as Leaf Resources continues to seek glycerol for its proprietary Glycell process, its CEO said.
Leaf Resources is currently commercialising its trademarked Glycell process. The process is a technology that uses…
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India is aiming to promote the production of ethanol made from biomass like wheat, cotton and rice straw, according to media reports.
The Times of India reported that India’s union minister for surface transport Nitin Gadkari will be making the move to promote ethanol production in the next couple of weeks.
The development comes in the wake of the government announcing a 10% ethanol…
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New Energy Investors, a clean energy investment firm, is planning to develop a new cellulosic ethanol plant in North Dakota, US, according to media reports.
The plant will produce 13 million gallons of cellulosic ethanol per year, the Bismarck Tribune reported.
"What attracts us here is we believe North Dakota has good policy to support us," Thomas Corle, New Energy co-founder and partner told…
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Scientists from the US-based Pacific Northwest National Laboratory (PNNL) have discovered why the cyanobacteria called Synechococcus 7002 can produce high concentrations of biofuels.
The organism, commonly called a blue-green algae, triples in size to accommodate a rapid expansion of the cellular machinery it uses to build proteins, the workhorses of cells, according to the researchers. The…
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The University of West England is working with waste-to-energy specialist Recycling Technologies to test if a fuel, called Plaxx, made from mixed plastic waste can be used to power ship engines.
The UK-based research, funded by Innovate UK and ESPRC will be led by Associate Professor Farid Dailami, Bristol Robotics Laboratory (BRL), in partnership with Recycling Technologies,…
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Production of biofuels has been a key factor behind the growth of food commodity demand over the past decade, according to a new report from the World Bank.
The World Bank recently unveiled its Commodity Markets Outlook report, looking at energy and food prices.
The report maintains that global energy prices declined 45% in 2015 and are projected to drop another 16% in 2016.
Even though the…
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Renewable diesel producer Neste has been selected as the environmental partner for Finland’s Flow Festival for the third year running.
The Finnish company will provide its green fuel, named Neste Renewable Diesel, made from wastes and residues, to the festival. The diesel will be used to create electricity.
Most of the electricity required for the festival will come from generators, as the…
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