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The results below show our latest news.
The results below show our latest news.
Jun 8, 2011
ZeaChem and P&G form joint venture
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Jun 8, 2011
Airlines are calling on the Australian and New Zealand governments to provide financial assistance to help grow the aviation biofuel industry.
Qantas, Air New Zealand, Boeing and Virgin Australia, all members of the Sustainable Fuel Users Group, helped to create a biofuels roadmap which shows how the region can work towards building a more environmentally-friendly sector.
Qantas... [Read More]
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Jun 8, 2011
The Brazilian government says it will implement new regulations on its ethanol market next month, which will require producers and distributors to implement supply contracts lasting at least one year, in order to avoid shortages and prevent price spikes.
The new regulations are expected to help the government to plan the supply and demand for sugarcane-based fuel and therefore... [Read More]
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Jun 9, 2011
The biodiesel market worldwide made more than $18 billion (€12.3 billion) last year and it is predicted this figure will climb to $70 billion in the coming years.
A new market report titled Biodiesel World Market Outlook 2011 shows that new technologies, as well as economical and ecological advances in the biodiesel sectors will help to further develop the biodiesel... [Read More]
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May 16, 2011
The ethanol subsidiary of biofuels firm AE Biofuels – AE Advanced Fuels Keyes – has resumed operations at its $130 million (€92 million) 55 million gallon a year ethanol production facility in Keyes, California, US.
Cilion finished building the plant in November 2008 but it was closed in early 2009 due to 'technical and market issues'. In March 2010 AE... [Read More]
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May 16, 2011
To date just two North American companies are exempt from tariffs implemented by the European Commission on biodiesel imported from Canada and the US. Renewable energy company Biox is the most recent to receive this exemption.
'This exemption ensures that Biox retains unencumbered access to export our product to the EU, which represents the largest existing biodiesel market... [Read More]
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May 16, 2011
In the US, renewable fuels producer Pacific Ethanol's Q1 2011 net sales were $173.1 million (€122.7 million), compared to $71.3 million for the same period in 2010.
The company saw an increase in the total number of gallons sold, which went from 58.7 million gallons in Q1 2010 to 84.6 million gallons in Q1 2010, an increase of 25.9 million.
Pacific Ethanol attributes... [Read More]
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May 16, 2011
In Honolulu, Hawaii, Hawaiian Electric Company is looking for a 42 million gallon-a-year biofuel supply that will be used to power its Kahe Power Plant in Leeward, Oahu.
Preferably, the biofuel will derive from Hawaii-based feedstocks, however bidders may also propose a combination of local biofuel and biofuel sourced from outside of Hawaii. The company also explained... [Read More]
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May 16, 2011
Based in Omaha, Nebraska, US, ethanol producer Green Plains Renewable Energy's net income was $7.7 million (€5.5 million), as the company reported its financial results for the first quarter of 2011, ended 31 March. This compares to $15.6 million for the same period in 2010. Revenues were $812.2 million for the first quarter 2011, compared to $426.5 million during... [Read More]
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May 16, 2011
In East Java, Indonesia-based PT Perkebunan Nusantara X (PTPN X) and New Energy and Industrial Technology Development Organization (Nedo) of Japan, are planning to build an ethanol production plant in Mojokerto.
Costing an estimated $25.5 million (€18 million) to build, the plant is expected to be up and running by early 2012, before commercial operations begin at... [Read More]
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May 16, 2011
Spain's Abengoa earned €1.656 billion in revenues during the first quarter of 2011. This is a 43% increase compared to the same period in 2010. EBITDA (earnings before interest, income taxes, non-controlling interests, depreciation and amortisation) also increased this year and reached €254 million, while the company's net income for Q1 2011 was €56 million,... [Read More]
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May 16, 2011
US-based technology company New Generation's 2010 financial results show that the company lost a total of $11.6 million (€8.2 million) last year, as ethanol production declined.
Throughout 2010 New Generation produced 21,000 gallons of biofuel – a significant decrease compared to the 209,000 gallons the company produced in 2009.
2010's net operating expenses... [Read More]
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May 16, 2011
In the US, 92.2 million acres of corn will be planted for the purpose of producing ethanol, while 85.1 million acres of corn will be harvested, with a yield of around 158.7 bushels per acre. These are figures according to the US Department of Agriculture (USDA).
'American farmers appear poised to once again respond to market signals and increase their productivity without... [Read More]
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May 16, 2011
In the US, agribusiness and ethanol company The Andersons has achieved record first quarter net income attributable to the company of $17.3 million (€12.3 million), or $0.93 per diluted share, on revenues of $1 billion. In the same three month period of 2010, the company reported results of $12.3 million, or $0.66 per diluted share, on $722 million of revenues.
During... [Read More]
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May 16, 2011
Ethanol producer Southwest Iowa Renewable Energy (SIRE) has revealed that it made $674,031 (€477,867) in net losses for the second quarter which ended on 31 March 2011. This is lower than the company's $742,851 net loss reported in the same period in 2010.
Brian Cahill, SIRE's general manager and chief executive officer said, 'Our corn oil extraction implementation... [Read More]
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