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Apr 28, 2017
Nebraska-based, US ethanol producer Green Plains has announced that its subsidiary, Green Plains Cattle Company, has entered into an asset purchase agreement to acquire two cattle-feeding operations from Cargill for $36.7 million (€33.6m), excluding working capital. The transaction includes feed yards located in Leoti, Kansas and Yuma, Colorado and will add capacity of 155,000 head to the…
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May 2, 2017
US advanced biofuels producer Renewable Energy Group (REG) has announced that it has secured financing of up to $20 million (€18.3 million) from First Midwest Bank for the $24 million capacity-expansion project at the company’s Ralston, Iowa biodiesel refinery. The upgrade project, announced last November, is expected to increase the annual nameplate capacity of the Ralston biorefinery…
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May 2, 2017
The American Coalition for Ethanol (ACE) has announced that it submitted a public comment focused on its ethanol priorities soon after the Environmental Protection Agency (EPA) formally began seeking input on existing regulations to be reviewed by its newly established Regulatory Reform Task Force. The Task Force was formed in response to Executive Order 13777 to evaluate existing…
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May 2, 2017
Pacific Biodiesel Technologies has hosted a Hawaiian blessing to mark the beginning of the company’s scaled-up farming demonstration to grow biofuel crops including sunflowers in Maui's central valley. The initial crop project on 115 acres will expand diversified agriculture by growing combine-harvested oil crops on land previously used for sugar cane production. This is the largest biofuel…
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Apr 10, 2017
A corporation which pioneers environmentally friendly transport in India is struggling to find biodiesel for its buses, according to the Bangalore Mirror. The Karnataka State Road Transport Corporation (KSRTC) was the first in India to introduce buses which run 100% on biofuel. KSRTC has a fleet of 26 luxury buses which run on 100% biodiesel, and 1500 buses which are operated on 20% blended…
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Apr 10, 2017
Indonesia’s Ministry of Foreign Affairs has denounced the European Parliament Resolution on Palm Oil and Deforestation of Rainforests, describing it as ‘discriminative’. In addition, the ministry claims the EU decision was based on “inaccurate and unaccountable data”, accusing it of being a protectionist move contradicting the EU’s role as an advocate of open,…
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Apr 11, 2017
A London-based investment firm Pioneer Point Partners has confirmed in a letter of intent that it is ready to invest up to €160 million in Denmark-based Maabjerg Energy Center’s bioethanol plant. The plant will be based in Western Jutland, Denmark, and create around 1,000 jobs. In a statement, Maabjerg said that Pioneer will invest in the plant if it gets a precondition that the…
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Apr 11, 2017
Palm oil futures have hit a six month low on the Bursa Malaysia Derivatives Exchange, according to Dawn. Unexpectedly high levels of production and end stocks data from industry regulator the Malaysian Palm Oil Board (MPOB) are believed to be behind the drop. MPOB showed end stocks in March increased by 6.5% from February to 1.55million tonnes. Output had surged by 16.3% to 1.46 million tonnes,…
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Apr 11, 2017
Waste-to-biofuels company Enerkem has announced its first full scale commercial facility has met all operational milestones set by its senior lender, Integrated Asset Management (IAM). The new plant is capable of turning household waste into 99.9 % pure liquid chemicals and biofuels. Since it began production, Enerkem’s facility in Alberta, Canada, has been meeting the highest quality…
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Apr 11, 2017
Lux Research’s Senior Analyst Yuan-Sheng Yu will speak at the tenth Biofuels International Conference, which will take place in Edinburgh, Scotland. Yuan-Sheng Yu is a Senior Analyst based in Lux Research's Singapore office. He leads Lux's Asia-Pacific research initiative, providing strategic advice and on-going intelligence for emerging technologies in energy, health and life sciences,…
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Apr 12, 2017
The global automotive biofuels market is likely to expand at a CAGR (Compound Annual Growth Rate) of 8.37% from 2017 to 2021, according to a new market study. Produced by MarketResearchReports.biz, the new study claims the market growth will be driven by the trend of producing biofuel in an attempt to ‘go green’. Strong regulations which are limiting vehicle emissions are also…
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Apr 12, 2017
Carl Icahn’s oil refining company CVR Energy made a massive bet in 2016 that prices for US government biofuels credits would fall, shortly before he became an advisor to President Donald Trump on regulations driving the market, according to Reuters. The US’ biofuels credit system is meant to encourage the mixing of renewable fuels such as ethanol into gasoline or diesel. Credits are…
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Apr 13, 2017
US technology company D3MAX has announced that its cellulosic ethanol technology is helping ACE Ethanol to produce “higher yields from corn fiber at lower costs”. In February, D3MAX announced the completion and shipment of its pilot plant employing the patented D3MAX cellulosic ethanol technology. Installed at ACE Ethanol, LLC, in Stanley, Wisconsin, the testing of the patented D3MAX…
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Apr 13, 2017
733.9 million litres (193.9m gallons) of biodiesel have been contracted at Brazil’s 54th biodiesel auction, according to The Brazilian Agency of Petroleum, Natural Gas and Biofuels, and Renewables Now. Brazil’s biodiesel auctions are intended to help meet the legal requirement for a minimum blend of 8% biodiesel in diesel sold at the country’s fuel stations. The 54th tender…
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