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The results below are recent news items.
The results below are recent news items.
Bioethanol producer CropEnergies has increased its revenues in the first half of the current 2010/11 financial year (1 March – 31 August 2010) by 16.5% to €215 million. This is a significant increase from the previous year’s €184 million. The operating result reached €17 million.
For the full financial year 2010/11, CropEnergies has increased its outlook for revenues and profit, with…
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On 20 September 2010 TMO Renewables, a developer of a new process for converting biomass into ethanol for transportation fuel, entered into a 20-year exclusive contract with clean tech company Fiberight.
The contract could be worth in excess of $25 million (€19.09 million) a year and will see Fiberight design and build a number of US-based bioethanol refineries.
The plants will combine the…
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Leading global publication Biofuels International magazine has just boosted its market position by becoming the only one in the biofuels sector to be independently audited.
The magazine has just gone through an independent audit of its circulation with BPA, the global industry resource for verified audience data and media knowledge.
This proves that 10 times a year the magazine is sent out to…
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Bioenergy International expo & conference is now less than a week away – don’t miss out on the opportunity to learn from and network with biofuels experts from throughout Canada and the US.
Starting on Tuesday the 28th September at the Coast Plaza Hotel, Calgary, Alberta, the day conference and exhibition features speakers including Bruce McEwen, Oil, gas and alternative energy division,…
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Biodiesel producer Renewable Energy Group (REG) is to acquire biodiesel assets from Ares Corporation.
Burlingame, California-based Ares is an engineering, risk management, software/IT and project management firm, which will invest an additional $8 million (€5.99 million) into REG in an all common stock transaction.
Ares previously owned the 15 million gallon-a-year facility in Clovis, New…
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Thailand-based Bangchak Petroleum is planning to invest approximately Bt2 billion (€48.7 million) in the acquisition of at least two ethanol plants by 2011.
The company currently sells 95-octane petrol but plans to stop doing so by 2012 as ethanol demand for transportation fuel is expected to increase from 200,000 barrels per day in 2009 to 400,000 barrels per day.
According to Bangchak’s…
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By 2019 it is predicted that the production of ethanol for vehicle fuel will reach 64 billion litres, over double what is currently produced today.
According to energy minister Marcio Zimmerman: ‘Brazil produces 26 billion litres today and will reach 64 billion litres in 2019. With that we will even have a surplus to export.’
To date 47% of the nation’s energy is produced from renewable…
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Renewable fuels company BlueFire Renewables has signed a 15-year supply contract with Cooper Marine and Timberlands (CMT) to provide feedstock for BlueFire’s planned cellulosic ethanol facility in Fulton, Mississippi, US.
The cellulosic ethanol plant will convert materials such as wood chips, forest residual chips and wood waste in approximately 7 million gallons of ethanol a year.
The…
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As energy firm Jatoil moves into the second stage of its joint venture PT Jatoil Waterland, its initial jatropha land holdings in central Java, Indonesia, is set to increase by 42.375%.
In addition to the jatropha plantations held by the joint venture, Jatoil will plant a further 500 hectares next to the existing plots.
Throughout the next 12 months PT Jatoil Waterland will increase its…
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On 1 September 2010 the Canadian government released its final regulations requiring ethanol and biodiesel blended transportation fuels in Canada.
With a vision to slash its GHG emissions by 17% in 10 years’ time, Canada’s new regulations, due to come into effect on 15 December 2010, will require 5% of renewable fuel to be blended with the conventional vehicle fuel.
This, in addition to a…
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On 2 September 2010 Verenium, dedicated to the development and commercialisation of industrial enzyme solutions, announced the closing sale of its cellulosic biofuels business to BP Biofuels North America for $98.3 million (€76.3 million).
Following the closure of this deal, BP is now the sole owner of Verenium’s facilities in Jennings, LA, US, including the pilot plant and the…
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With the European aviation regulations looming, the CEO of Thailand-based PTT Aromatics and Refinery (PTTAR) Chainoi Puankosoom has announced that the company is planning a $150 million (€117.6 million) investment to produce the first jet biofuel and biodiesel to comply with these mandates.
Using technology that was developed by PTTAR’s parent company PTT, the jet fuel will be made from…
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The building and engineering work is expected to commence on energy production company Fulcrum Bioenergy’s new ethanol plant in the US.
Planned for Nevada, the production facility will convert 90,000 tonnes of household waste into 10.5 million gallons of biofuel a year for use in cars and trucks.
The plant will create job opportunities for around 550 people.
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With car giants such as Ford, General Motors and Chrysler all aiming to double their production of flex-fuel vehicles in the US by 2012, refining and marketing business Valero Energy is planning to increase the availability of E85 at new Valero Corner Stores.
According to Valero, every newly built store will be fitted with E85 pumps, in addition to some existing stores as they are updated and…
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Denmark-based ethanol producer Inbicon has delivered 28,500 litres of cellulosic ethanol to energy company Statoil.
In what is the first delivery of many, the biofuel was dropped off at its stock tank in Hedehusene, Denmark, where it will be blended with conventional vehicle fuel later on in the year.
This is just part of a total 5 million litres which Statoil bought from Inbicon in August.…
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The New Zealand-based clean tech firm LanzaTech has signed a memorandum of understanding with one of the largest coal manufacturers in China, Henan Coal and Chemical Industrial, to produce ethanol.
Using Henan Coal’s coal gasification technology and its own biological fermentation process, the new plant will create ethanol fuel and other chemical products from syngas derived from coal.
The…
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#Spain’s #Repsol is preparing to raise jet fuel output by 15–20% in response to mounting supply disruptions caused by the #Iran #war, which has unsettled global energy markets and tightened aviation fuel availability.
https://biofuels-news.com/news/repsol-to-lift-saf-output-as-iran-conflict-tightens-supplies/
#biofuels #SAF #aviation #output
#Nufarm Limited has expanded its strategic #partnership with #bp, reinforcing Nufarm’s ambition to scale sustainable biofuels and help meet growing demand for sustainable aviation fuel (SAF) and renewable diesel (RD).
https://biofuels-news.com/news/nufarm-extends-saf-and-rd-partnership-with-bp/
#biofuels #feedstock #aviation #SAF
#Thailand has moved to restrict #palm #oil #exports as domestic demand for #biodiesel surges, a trend closely linked to the ongoing conflict in the Middle East.
https://biofuels-news.com/news/thailand-restricts-palm-oil-exports-amid-rising-biodiesel-demand/
#biofuels #feedstock #demand #supply #SEAsia #war #conflict
