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The results below are recent news items.
The results below are recent news items.
Dominican Republic-based W2E Resources will construct a plant to produce ethanol and electricity, transforming solid waste, including sugarcane bagasse, at a cost of around US$200 million (€158.5 million).
The company is undertaking the environmental impact study and engineering of the final draft, with construction expected to begin early next year, and around 24 months for the plant's…
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Cambodia opened its first ethanol factory to generate biofuel from cassava flour on Monday 17 November.
The plant has a capacity of 36,000 tonnes a year.
‘This factory will become the market place of cassava product for local farmers,’ Cambodia Prime Minister Hun Sen comments.
The project, with $40 million (€31.5 million) investment from MH Bio-energy Group of South Korea, has already…
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Ethanol producer VeraSun Energy expects to report a Q3 net loss of approximately $464 million (€367.6 million).
The figure is more than four times the number quoted in an earlier announcement that accelerated the company's fall into bankruptcy protection.
The second largest US producer, with about 13% of the nation's ethanol capacity, filed for bankruptcy protection in early…
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US-based White Mountain Group is expected to inject US$16 million (€12.6 million) worth of investment into Australian Biodiesel Group (ABG) in exchange for 51% of ABG's issued share capital.
White Mountain will provide US$6.2 million to install a new processing and refining plant to be located on current ABG premises. Another US$3 million will go to securing a technology licence for the…
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Germany-based biofuel producer Verbio has reported higher profits with the aid of growing biodiesel exports, but made losses on bioethanol.
‘About 40% of biodiesel production was exported, largely to east Europe,’ the company says, adding that Germany's increased taxes on biofuels resulted in a large cut in sales by all producers inside Germany.
It estimated sales by all producers of…
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Carotech, one of Malaysia’s largest producers of palm methyl ester, has signed a RM200 million (€43.9 million) contract with Trafigura Beheer, Amsterdam, for the export of its refined and distilled palm biodiesel to the US and Europe.
‘Trafigura has been our customer since 2007 and this agreement is important to us as it would take up more than 50% of our capacity and provide certainty to…
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Switzerland-based biodiesel producer Biopetrol Industries began to bring its 400,000 tonne a year plant in Rotterdam on stream this week and plans to run the operation at half capacity in 2009.
Initially the company expected the plant to be fully operational by the end of Q1 2009 but the company would run just one of two lines due to conservative planning and the outlook for demand and…
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Brazil's state-owned oil company Petrobras and Galp Energia SGPS have signed an investment agreement to create a joint-venture to develop a biofuel production and marketing project.
The agreement is the outcome of a Memorandum of Understanding the companies signed last May, which was aimed at studying the feasibility of joint biodiesel production, marketing and distribution projects in the…
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US-based Kinder Morgan Energy Partners (KMP) has announced successful ethanol movements through its Central Florida pipeline system and has begun tests to assess transporting biodiesel through its pipelines on a commercial basis. The company is conducting a test movement of blended B5 biodiesel in a segment of the Plantation Pipe Line system that transports petrol and diesel from Collins,…
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The Vietnam Oil and Gas Corporation (PetroVietnam) will invest $120 million (93 million Euro's) to set up a bioethanol plant in the Dung Quat economic zone in central Ngai province. The Deputy Minister of Sciences and Technology Nguyen Van Lang says Vietnam has an urgent need to develop biofuels to meet its energy demands.
The country is placing a high priority on investment and…
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India's Hindustan Petroleum Corp Limited (HPCL) has formed a biofuels joint venture with Chhattisgarh State Renewable Energy Development Agency (CSREDA). The joint venture, CSREDA-HPCL Biofuels Limited (CHBL), would cultivate tree-borne oil (TBO) plants such as jatropha curcas, which serve as feedstock for biodiesel.
HPCL would operate CHBL as its subsidiary with a 74% equity stake. The…
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A group of Brazilian companies and industrial organisations will set up a joint venture to finance research in cellulosic ethanol, the Sao Paulo Industry Federation (Fiesp) says. The initiative includes Brazil's leading sugar and ethanol producer, Copersucar, the country's Sugar Cane Industry Association, Unica, and the local subsidiary of commodities giant Bunge.
Brazil's…
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Aventine Renewable Energy Holdings will delay the opening of its new ethanol plant in Aurora, Nebraska by roughly three months because of cost concerns.
The Illinois-based company had planned to open the 113-million-gallon plant next March but is now aiming for June.
Aurora Mayor Marlin Seeman says company officials have prioritised another ethanol project in Indiana ahead of the Nebraska…
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The government of Scotland plans to increase the use of biofuels, including biodiesel, for transport. The goal is to increase the use from less than 1-10% by 2020 to contribute towards reducing emissions by 80% by 2050.
The government is seeking feedback on the proposal, dubbed the Renewable Energy Framework, through Dec. 1 and plans to take action on the proposal in February, 2009. The 80-by-50…
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Biodiesel producer Natural Fuel plans to start production at the world's largest plant located on Jurong Island, Singapore, by early-November given the recent fall in palm oil prices.
'We are planning to start-up two of our biodiesel lines by either late-October or early-November,' said a source, adding that the company was 'still working on the third line,' and that the…
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US ethanol producer Southridge has announced plans to acquire an ethanol plant in Brazil that would enable it to produce 50 million gallon/year (190 million litres/year) by May 2009, the Texas-based company said.
No financial details were available. The plan will be funded by proceeds from an Asian-based investment transaction nearing completion.
Brazil is the world's top exporter of…
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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.
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#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/
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#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
