Feb 9, 2016
US biofuels marketer expands network with new terminal buy
Other News
Feb 4, 2016
Neste, a Finland-based renewable diesel producer, reported better than expected fourth-quarter profits and dividend thanks to high European refining margins and favourable foreign exchange rates.
Neste, which has two conventional refineries in Finland and renewable diesel refineries in Singapore and Rotterdam, said its core operating profit in the quarter rose 39% from... [Read More]
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Feb 3, 2016
China’s state-owned ChemChina will acquire the Swiss agri business Syngenta in a long-rumoured and controversial $43 billion (€39.4bn) deal.
Secrecy has surrounded the deal since November 2015, when Syngenta – the producer of bioengineered Enogen corn for the ethanol industry – received a $47 billion takeover offer from the US agricultural juggernaut... [Read More]
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Feb 3, 2016
Caltech Ventures, a Ghana-based cassava cropping and processing company, will start the production of ethanol from cassava at a distillery in Hodzo in the Ho municipality this March, according to local press reports.
This would be the first industrial-scale ethanol production in the West African country which imports around 60m litres of ethanol per year.
Kasapreko Company... [Read More]
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Feb 3, 2016
Gevo, a US biofuels producer, has signed a joint agreement with alcohol producer Porta Hnos to develop several isobutanol plants in Argentina.
Financial terms for developing the corn-fed plants were not immediately disclosed.
The first plant, slated to come online by 2017, has an expected annual production of 5m gallons of isobutanol. Gevo is projecting about $1m in annual... [Read More]
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Feb 2, 2016
US-based biofuels producer Virent has entered into a new strategic relationship with petroleum specialist Tesoro to accelerate the development and commercialisation of Virent's products.
Virent's patented technology features catalytic chemistry to convert plant-based materials into a full range of products identical to those made from petroleum, including gasoline, diesel,... [Read More]
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Feb 1, 2016
Z Energy, a New Zealand-based energy producer, is on track to open the country's first commercial scale biodiesel plant in Wiri, south Auckland, in June.
The plant will turn inedible tallow, a by-product of the New Zealand meat industry, into 20 million litres of biodiesel a year, with the potential to scale production up to 40m litres a year.
Z Energy has invested $21m... [Read More]
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Jan 29, 2016
US-based logistics frim Global Partners LP has cut 70 jobs and aims to handle only ethanol, not crude, at its rail terminal in Oregon in response to low oil prices.
The company, which owns one of the largest terminal networks of petroleum products and renewable fuels in the north east of the US, also cut its distribution for the October-December period by 33.7% compared... [Read More]
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Jan 28, 2016
Netherlands-based oil and energy company Tamoil has begun selling arctic diesel containing Neste's renewable diesel to its corporate customers in the northern Italian Alps region, which will be used to fuel vehicles servicing the Marcialonga cross-country ski race in Italy.
Tamoil's Gasolio Artico fuel contains a minimum of 20% of Neste's renewable diesel and can be used... [Read More]
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Jan 28, 2016
Germany-based commercial bank HSH Nordbank is planning to generate strong growth in its renewable energy arm this year, as it makes moves to intensify its focus on the Scandinavian market.
According to the Hamburg-headquarted bank, it generated new business of more than €900m in project finance and €300m from other loans to energy companies and utilities including... [Read More]
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Jan 27, 2016
Biofuels producer Renewable Energy Group (REG) and ExxonMobil have launched a project to study the production of biodiesel by fermenting renewable cellulosic sugars from sources such as agricultural waste.
REG has developed a patented technology that uses microbes to convert sugars to biodiesel in a one-step fermentation process similar to ethanol manufacturing. The ExxonMobil... [Read More]
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Jan 25, 2016
Oslo Airport in Norway has become the world's first airport to offer jet biofuel to all airlines through the normal supply mechanism.
The biofuel, produced from the Camelina plant, is supplied by oil giant BP’s aviation division Air BP and Lufthansa Group, SAS, and KLM have already signed agreements to purchase the fuel.
Air BP has entered into an agreement to deliver... [Read More]
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Jan 25, 2016
Researchers from the Melbourne School of Engineering, in Australia, have discovered a new way to deliver carbon dioxide to microalgae, which in turn, can be harvested to make renewable fuels such as biodiesel.
Carbon dioxide is well known to speed up the growth of microalgae, according to the scientists.
However, the carbon dioxide has to be free of contamination or the... [Read More]
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Jan 22, 2016
The UK Government has pledged to do more to increase the proportion of renewable energy used to heat the nation's buildings and fuel its cars, trucks and trains as it aims to meet binding EU targets by 2020.
The Department of Energy & Climate Change (DECC) made the pledge in its recently published report entitled Third progress report on the promotion and use of energy... [Read More]
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Jan 22, 2016
A team from US Grains Council (USGC), a US grains export advocate, and two ethanol industry representatives have completed an overview of ethanol’s possibilities in East Asian markets.
The group traveled to Japan, Korea, and Taiwan is December 2015 to review the ethanol markets in these countries and evaluate potential for ongoing US ethanol export promotion programmes... [Read More]
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Jan 22, 2016
Dutch GoodFuels Marine, the first marine biofuel company focused on the global commercial fleet, has received the highest standard of certification from the Roundtable of Sustainable Biomaterials (RSB).
The two-year certification, which assesses the sustainable viability of the biomaterials used by GoodFuels to generate marine bunker fuel, enables the company to actively... [Read More]
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Jan 21, 2016
A bacterium found in the remote Gobi Desert may become a valuable partner for researchers working with biofuels.
The bacterium has shown talents for using the sun's light as energy and now researchers have revealed that it can be found in surprisingly many different places, including water treatment plants.
To date, species capable of performing photosynthesis have been... [Read More]
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