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The results below show our latest news.
The results below show our latest news.
Jan 20, 2012
Novozymes Q4 earnings lower than predicted
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Jan 20, 2012
Joule Biotechnology has closed a $70 million (€54 million) third round of financing which it says it will use to bring its developments to commercialisation.
This means the total amount raised is more than $110 million and a facility will now be built in Hobbs, New Mexico, which will begin its commissioning process in the middle of this year.
In the facility, Joule’s... [Read More]
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Jan 23, 2012
Australian company Algae.Tec has raised AUS$5 million (€4 million) through Patersons Securities and the money will be used to fast-track the business’ commercial plans.
Recently Biofuels International reported that Algae.Tec formed a joint venture with Chinese company Shandong Kerui to build a 250-module algae biofuels facility in China.
Algae.Tec executive... [Read More]
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Dec 15, 2011
The Biotechnology Industry Organization (BIO), which represents more than 1,000 biotechnology companies, has called for long-term tax policies to be introduced in the US in order to push biofuel developments to commercial scale.
In order to make sure these developments are successful, incentives should be given to ‘technologies with the greatest potential to create... [Read More]
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Dec 15, 2011
MSW to waste biofuel producer Enerkem has received investment from Waste Management and EB Investments to the tune of C$15 million (€11 million), in return for a minority equity interest in Enerkem Alberta.
The biofuels company is currently building a full-scale commercial plant in Edmonton, Canada, and has so far raised C$103 million to put towards the development.
Other... [Read More]
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Dec 15, 2011
OriginOil, an algae technology developer, has joined forces with Australian company Future Energy Solutions (FES), and its subsidiary Alternate Energy Systems (AES), to carry out feasibility studies on the potential for biorefining centres around the world.
The biorefineries would serve US and NATO military requirements for alternative fuels, including biofuels.
OriginOil... [Read More]
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Dec 19, 2011
Biomass to ethanol producer TMO Renewables says it has raised £7.6 million (€9 million) in a financing round from new and current shareholders.
This will be combined with the £4.6 million that was raised at the beginning of the year, and will be used to help the company come into commercialisation.
The company is working with plant owners and land official... [Read More]
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Dec 20, 2011
The German biofuels association UFOP has dismissed claims in a new report carried out by the International Food Policy Research Institute (IFPRI) into the predicted emissions to be created by indirect land use change policy.
The UFOP says it opposes the adoption of ILUC factors specific for biofuels outlined in the report and says more investment protection needs to be... [Read More]
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Dec 20, 2011
The body representing biofuels in the US is calling for the cellulosic biofuel tax credits to be extended so that companies can raise the funds they need to build biorefineries.
The Biotechnology Industry Organization (BIO) says the industry is at a turning point where it is rapidly growing because biotechnology companies have had private investment to help commercialise... [Read More]
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Dec 20, 2011
Xergi has signed a deal with the Minnesota Municipal Power Agency (MMPA)to build a new biogas plant in the US which will feature gas-fired CHP engines that will output 8MW of electrical power.
Hometown BioEnergy, the name of the plant, will be built in Le Sueur, Minnesota and will produce biogas from waste such as agriculture and food, including sweet corn, potato waste... [Read More]
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Dec 20, 2011
Energy systems company Danish Stirling DK has commissioned a four-engine biomass plant at the spa resort of Tabbs in Tabarz, Thuringia, Germany.
The plant, the first of its kind in the world according to the company, is powered by wood chips given from the local area, generating 4,000MWh of heat and 1,000MWh of electricity each year, which is the highest the amount for... [Read More]
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Dec 21, 2011
Swedfund has invested €10 million into Addax Bioenergy, a company based in Sierra Leone.
Swedfund’s investment, which Addax & Oryx is also a part of, will be the biggest private sector agriculture investment into the country and will be added to a total investment of €267 million.
The greenfield projects will include the construction of an ethanol refinery... [Read More]
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Dec 22, 2011
Archer Daniels (ADM) has bought Elstar Oils in its entirety after acquiring the final 2.26% of shares.
Elstar Oils, a biodiesel company located in northern Poland, operates a rapeseed crushing, refining, solid-fat packaging and oil bottling facility in Czernin and a fully-automated biodiesel facility in Malbork.
ADM first began acquiring Elstar’s shares back in August... [Read More]
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Dec 22, 2011
Neste Oil has commissioned its Rotterdam facility to produce hydrated vegetable oil (HVO), opening it on 19 December 2011.
This follows the opening of productiion in Singapore and Finland, adding a further 800,000 tonnes to its capacity and bringing the total output to two million tonnes of HVO.
The Rotterdam refinery produces NExBTL renewable diesel, Neste Oil’s... [Read More]
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Dec 22, 2011
The German Federal Finance Ministry says it will qualify biodiesel produced from used cooking oil for double counting, even if it includes animal fats.
The Netherlands and France already includes waste-based biodiesel within its double counting legislation and it is possible to double count in countries that have not yet implemented their schemes officially, such as in... [Read More]
CONNECT WITH US
The American Coalition for Ethanol (@ACE) has praised the inclusion and extension of the Clean Fuel Production Credit — commonly referred to as Section 45Z — in the final tax and spending package passed by Congress.
https://biofuels-news.com/news/ace-applauds-biofuel-inclusion-in-big-beautiful-bill/
#biofuels #biodiesel #bioethanol #RD
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