News

Hong Kong-based biodiesel producer ASB Biodiesel is planning to expand its operations to the Pearl River Delta region in South China starting in 2018. The company considers China a land of “big potential” due to the large amounts of waste oils available, EJ Insight reports. ASB is currently considering the location for the plant, which could be near any city with strong law…
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Indian bioenergy crop research and development company Advanced Biofuel Center (ABC) has reached a breakthrough in the use of moringa oil in biofuel production. ABC has developed a new variety of moringa tree seed, named Maru-Moringa (MOMAX3) after the location of its discovery, after several years research and trials. The MOMAX3 cultivar is noteworthy for producing very high quality moringa oil…
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The Ahmadu Bello University (ABU) in Zaria, Nigeria, has entered into an agreement with Hungarian Agrar-Biothanol to produce fertiliser and ethanol in addition to electricity. The facility will produce 1,333 tonnes of liquid organic fertiliser and 2.66 million litres of ethanol annually, as well as 1.2MW of electricity. The plant will process farm residues and both animal and human waste as…
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The European Commission (EC) has approved an investment package of €222.7 million from the EU budget to support Europe's transition to a more sustainable and low-carbon future. The EU funding will spur additional investments leading to a total of €398.6 million to be invested into 144 new projects in 23 member states. The support comes from the LIFE programme, the EU’s…
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Despite the Paris Climate Agreement coming into force today, the world might still be doomed to suffer from rising seas and temperatures, a UN report says. In its annual Emission Gap report, UN Environment says governments must urgently and dramatically increase their ambitions to cut roughly a further quarter off predicted 2030 global greenhouse emissions if they want to have any chance of…
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The Paris agreement on climate change has come into force today (4 November, 2016). This marks the first time that governments have agreed legally binding limits to global temperature rises. Under the agreement, all governments that have ratified the accord, which includes the US, China, India and the EU, now carry an obligation to hold global warming to no more than 2C above pre-industrial…
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Crude oil prices have continued to fall after data showed the biggest weekly US crude surplus on record. According to Wall Street Journal, the supply data prompted investors to reduce expectations that two years of oversupply in the oil markets is coming to an end. US prices immediately shed nearly $1 a barrel and losses spread into gasoline and diesel futures. US crude futures fell $1.33, or…
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Renewable Energy Group reports a strong third quarter 2016, with revenues of $624.6 million (€562.8,) and 163.1 million gallons of fuel sold. Net income attributable to common stockholders was $22.9 million, compared to a net loss of $15.7 million in the third quarter of 2015. REG sold 36% more gallons of fuel, resulting in a 58.2% increase in revenue from $394.8 million in Q3 2015. Adjusted…
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In the US, the city of South Portland has launched a pilot programme to run a proportion of its municipal vehicles on locally produced biodiesel. During the year-long programme, the Maine city will trial the use of 20% biodiesel (B20) produced by Maine Standard Biofuels, which would upon success be expanded to the city’s entire vehicle fleet. With a goal to reduce greenhouse gas emissions…
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Brazil's Centre-South ethanol producers sold a total of 592 million litres (156 million gallons) of hydrous ethanol in the first half of October, declining by 15.94% compared to the last two weeks of September, official trade data shows. According to local sugarcane industry association Unica, the sales decline can be attributed to the fewer working days in the period in review, lower exports to…
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Archer Daniels Midland (ADM), a US-based global food processing and commodities firm, has reported an increase in its third quarter profit and said that its ethanol dry mill review is progressing. Net income was $341.6 million (€312m), or 58 cents per share, in the quarter ending 30 September, compared with $252 million, or 41 cents per share, in the same quarter a year ago. This was…
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Green Plains, a Nebraska, US-based ethanol producer, net income attributable to the company was $7.9 million (€7.12m), for the third quarter of 2016 compared with net income of $6.2 million, for the same period in 2015. Revenues were $841.9 million for the third quarter of 2016 compared with $742.8 million for the same period last year. "We generated $42 million of segment operating income…
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Bioethanol producer Vivergo Fuels has been chosen as one of the UK government’s new official Northern Powerhouse partners. More than 30 businesses, institutions and organisations will help implement the government’s plan to help the North of England reach its full potential – and attract new jobs and investment to the region. To achieve this, the government has pledged to…
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Renewable Energy Group plans a $24 million (€21.7m) investment to expand its first biorefinery to an annual nameplate production capacity of 30 million gallons. The REG Ralston expansion announcement comes on the heels of Landus Cooperative expanding its adjacent soy crush operation. "Ralston is where it all began for REG and the experience and lessons we have learned, and are still…
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