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The results below are recent news items.
The results below are recent news items.
Consulting company Lee Enterprises has developed a RIN verification programme called RIN 9000 which will help biodiesel blenders, producers and others involved to make sure he RINs being sold or bought are legitimate.
Lee’s owner, Wayne Lee, as well as Jess Hewitt from Gulf Hydrocarbon and biodiesel engineering group Agri-Process Innovations, helped to create the programme.
Recently there…
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The Green Investment Bank (GIB), a world first initiative to encourage private investment into green energy projects, has received 32 bids from cities in the UK willing to host the bank.
The city that wins the bid would need to be able to recruit and retain the staff, work closely with other parties involved in order to further develop investment projects, and ensure that the bank is cost…
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Algae producer Aquaviridis has joined forces with OriginOil to develop a new technology that extracts oil from the algae and will develop this multi-phase production at its Mexicali site in Mexico.
Through the North American Free Trade Agreement, a region in the country has been put aside for such developments and OriginOil will help by harvesting and developing its algae cultivation…
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Chemoprojekt, a Czech Republic-based company specialising in design, engineering and procurement, has formed a joint venture with Nationwide Asset Management.
The 50/50 joint venture has been named FAME Usti nad Labem and will be used for biodiesel production.
The new joint venture will be in charge of the operation of a biodiesel plant that will produce 100,000 tonnes of FAME each year.…
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The Renewable Fuels Association (RFA) says the ethanol exports for last year could have been more than 1.1 billion gallons, thanks to a new monthly record set in November.
More than 150 million gallons was exported in that month, according to government figures, going mainly to Brazil. The fuel was also exported to Canada, Mexico and the Netherlands were the other main export destinations.
From…
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Range Fuels has sold its cellulosic ethanol plant to New Zealand biofuels company LanzaTech after the company went into the red this month.
In an auction, LanzaTech purchased the ethanol plant located in Soperton, Georgia, US, for $5.1 million (€4 million), as part of a liquidation process that was approved by the government.
LanzaTech, that has received funding from Khosla Ventures, says it…
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Australian company Algae.Tec has signed a 50/50 joint venture (JV) with Chinese company Shandong Kerui.
Working together, the companies will build a 250-module algae biofuels facility in China, in which both companies will pay half to cover costs.
The module system at the facility will be enclosed and the way the algae will be cultivated is meant to give it a high yield per acre, whilst at…
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Bioenergy crop company SG Biofuels has closed a $17 million (€13 million) round of fundraising to go towards further developments of its hybrid jatropha seeds which can be used for biodiesel production.
The series B of financing was led by Thomas, McNerney & Partners; and Finistere Ventures and current investors Flint Hills Resources and Life Technologies were also involved.
Using the…
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BlackGold Biofuels and SLM Facility Solutions Nationwide have joined forces in the US to turn grease trap waste, derived from restaurants, into biofuels.
The process will cost the hospitality companies no extra money to deliver the grease trap waste to the facilities, and then BlackGold Biofuels will extract and recycle the grease, turning it into biodiesel.
'Grease trap waste is…
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Renewable Energy Group (REG) has released 7.2 million shares in an initial public offering to the public for $10 (€7.80) a share.
The shares are to trade on the Nasdaq Global Market from today, under the symbol REGI.
Nearly 7 million of the shares will be offered by REG and the remaining 343,000 shares are being sold by stockholders.
Underwriters have also been granted 30 days in which they…
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Cool Planet BioFuels has been granted approval from the California Air Resources Board to test its negative carbon petrol.
The technology converts biomass, including grass and woodchips, into biodiesel. Through the process, a byproduct is created, which can be used as a fertiliser.
The first part of the testing will involve blending of the negative carbon fuel with E10 petrol to try and hit the…
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Biodiesel production in Europe dropped last year and illegal imports from countries such as Argentina and Malaysia are being blamed.
Biodiesel production has fallen for the first time in Europe, even though consumption figures have remained stagnant. Although 2010 showed that the production of biodiesel had risen by 5.5% when compared to the previous year, latest figures show that in 2011…
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Green Biologics Limited (GBL), a UK-based industrial biotechnology company has merged with butylfuel, a US-based renewable chemicals and biofuels company.
The new company will operate under the Green Biologics name and continue to be head-quartered in Abingdon, UK with a strong operational presence and commercial focus in the US contributed by butylfuel, which will become Green Biologics. The…
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Novozymes’ shares fell to the lowest they have been in two months following the announcement that the company’s earnings for the fourth quarter of 2011 were lower than predicted.
The Denmark-based company, which uses enzymes to produce biofuels, says the results could be blamed on the price of raw materials rising and a drop in sales for bioenergy enzymes.
However, net profit did grow…
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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 technology will be…
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