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Jun 8, 2011
Elevance Renewable Sciences, a renewable specialty chemicals maker, has acquired the Delta BioFuels facility in Adams County, Mississippi, in the US. The company plans to invest $225 million (€154 million) into the facility, converting it into a biorefinery and creating 165 full-time jobs over the next five years. During the expansion process, 300 construction jobs will also be created. The…
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Jun 8, 2011
ZeaChem, a biorefineries developer, has formed a joint venture with Procter & Gamble (P&G), a consumer goods manufacturer. The companies plan to further develop ZeaChem’s products, with the aim of commercialising its ‘drop-in’ bio-based chemicals and other products. ZeaChem uses feedstocks such as poplar trees and agricultural residues to produce bio-refining…
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Jun 8, 2011
Airlines are calling on the Australian and New Zealand governments to provide financial assistance to help grow the aviation biofuel industry. Qantas, Air New Zealand, Boeing and Virgin Australia, all members of the Sustainable Fuel Users Group, helped to create a biofuels roadmap which shows how the region can work towards building a more environmentally-friendly sector. Qantas head of risk and…
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Jun 8, 2011
The Brazilian government says it will implement new regulations on its ethanol market next month, which will require producers and distributors to implement supply contracts lasting at least one year, in order to avoid shortages and prevent price spikes. The new regulations are expected to help the government to plan the supply and demand for sugarcane-based fuel and therefore stop ethanol…
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Jun 9, 2011
The biodiesel market worldwide made more than $18 billion (€12.3 billion) last year and it is predicted this figure will climb to $70 billion in the coming years. A new market report titled Biodiesel World Market Outlook 2011 shows that new technologies, as well as economical and ecological advances in the biodiesel sectors will help to further develop the biodiesel market. Research into new…
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May 16, 2011
In the US, 92.2 million acres of corn will be planted for the purpose of producing ethanol, while 85.1 million acres of corn will be harvested, with a yield of around 158.7 bushels per acre. These are figures according to the US Department of Agriculture (USDA). 'American farmers appear poised to once again respond to market signals and increase their productivity without needing to convert…
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May 16, 2011
In the US, agribusiness and ethanol company The Andersons has achieved record first quarter net income attributable to the company of $17.3 million (€12.3 million), or $0.93 per diluted share, on revenues of $1 billion. In the same three month period of 2010, the company reported results of $12.3 million, or $0.66 per diluted share, on $722 million of revenues. During the quarter, the…
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May 16, 2011
Ethanol producer Southwest Iowa Renewable Energy (SIRE) has revealed that it made $674,031 (€477,867) in net losses for the second quarter which ended on 31 March 2011. This is lower than the company's $742,851 net loss reported in the same period in 2010. Brian Cahill, SIRE's general manager and chief executive officer said, 'Our corn oil extraction implementation process is complete. This…
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May 16, 2011
The US Department of Energy (USDA) has accepted a cooperative's proposal for a Biomass Crop Assistance Program (BCAP) area designation. Named 'Plant, Baby, Plant', the designation was accepted by the USDA on 4 May 2011. This designation of land will see 30 western Missouri counties and eight counties in Kansas form a 'fuel shed' in which the farmers will grow energy crops on land unusable for…
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May 16, 2011
In Visalia, California, US, EdeniQ and Logos Technologies are to begin building a corn-to-ethanol pilot plant in, funded partly by a $20 million (€14.2 million) federal Department of Energy (DoE) grant. The companies will break ground on the facility on 19 May 2011, marked with a groundbreaking ceremony at 10am. The pilot plant will be installed with EdeniQ's technology that converts…
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May 19, 2011
In Baton Rouge, Louisiana, US, speciality chemicals firm Albemarle Corporation has acquired Catilin, a technology company dedicated to the development and application of heterogeneous biodiesel catalysis. The new move will see Albemarle become involved in several R&D synergies. 'We are excited to offer Catilin technology alongside our existing GoBio portfolio to customers in the fast growing…
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May 19, 2011
Germany-based ethanol producer CropEnergies' revenues reached €472.8 million between 1 March 2010 and 28 February 2011, a 26% increase on the previous financial year's €374.1 million. The company's operating profit was almost four times that of the previous year, increasing from €11.9 million to €45.9 million. The supervisory board decided to follow the recommendation of the…
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May 19, 2011
One of the UK's biggest ethanol production plants is due to temporarily close following unfavourable market conditions. Ethanol producer Ensus owns the Wilton, Teesside-based facility, which will be shut down at the end of May 2011 for up to four months. According to Ensus, the closure can be attributed to a slump in customer demand, coupled with competition from the US. However, Ensus goes on to…
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May 23, 2011
Oil company PetroVietnam is on schedule to begin operations at its ethanol production facility in October 2011, according to new reports. Currently 75% complete, the finished Dung Quat ethanol plant will have the capacity to produce 100 million litres of ethanol a year from locally grown cassava. Central Oil and Gas Biofuel of Vietnam is financing the build and the plant is predicted to double…
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May 23, 2011
59% of India's petrol for transport purposes could come from biofuels by 2020, according to the Bloomberg New Energy Finance study titled 'Next-generation Ethanol: What's in it for India'. The new study was released on 17 May 2011 and commissioned by enzyme producer Novozymes. India, the world's sixth largest fuel guzzler, is under pressure to dramatically reduce its reliance on fossil fuels, as…
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May 23, 2011
Two supermarkets in California, US, have selected Extreme Biodiesel, a wholly owned subsidiary of BookMerge Technology, to produce biodiesel for them, at a small charge. Under the preliminary agreement, Extreme Biodiesel will pick up waste vegetable oil from the supermarkets and transport it to its Extreme Corona plant in Corona, California. Extreme will then turn the waste oil into biodiesel…
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