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The results below are recent news items.
The results below are recent news items.
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 (€19.4m) in the…
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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, jet fuel, and chemicals…
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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 revenue — from…
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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 (KCL), an indigenous…
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Biofuels producer Renewable Energy Group (REG) has signed an asset purchase agreement with US-based rendering firm Sanimax Energy to acquire Sanimax's 20m gallon nameplate capacity biodiesel refinery located in DeForest, Wisconsin.
Under the asset purchase agreement, REG will pay Sanimax around $11m in cash and will issue 500,000 shares of REG common stock in exchange for the biorefinery and…
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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 Monsanto.
A Swiss and…
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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 a year ago to €352m…
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Egregor Biotech and Evolution Group is planning to construct a bioethanol plant in the forest-rich Komi Republic in Northern Russia.
The plant would process 400,000 tpy of unusable timber and sawmill residues into 100,000 tonnes of ethanol, according to the Komiinform news agency.
Egregor has already invested RUB15 million (€177,000) in the project, but the total required investment is…
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Argentina is set to beef up its ethanol production by increasing the required blend of ethanol in gasoline from 10% to 12%, according to media reports.
The South American country's President, Mauricio Macri, said the additional ethanol would be exclusively derived from sugar, according to news agency Reuters.
The increase should provide a boost to farmers there who have been struggling with a…
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Lincoln Terminal Co., a US-based oil and products and biofuels marketing company, has acquired a new terminal, called Eco, in Charlotte, North Carolina.
According to reports on news website TankTerminals.com, Lincoln's Charlotte terminal will have a total capacity of 130,000 bbl, and serves gasoline, ethanol and biodiesel. The terminal can also cater for different products and automated biodiesel…
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Spanish renewable energy business Abengoa is planning to restructure its firm, shrink itself by about a third to avoid bankruptcy and potentially sell off its bioenergy arm, according to media reports.
According to media agency Bloomberg, the firm is making the plans to convince creditors it can survive as a smaller company.
Quoting a person familiar with the matter, Bloomberg stated: "The…
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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 reported in six bacterial…
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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 in the region.
The…
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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 from renewable sources…
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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 sell and promote…
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The board of directors of Australian Renewable Fuels (ARFuels), the country’s largest biodiesel producer, has placed the company into voluntary administration.
Under Australian law, voluntary administration is a form of insolvency arrangement, which creates an opportunity for flexible approaches to bring about a better outcome for stakeholders than may otherwise occur in liquidation.
The…
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