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The results below are recent news items.
The results below are recent news items.
Mississippi-based Encore Energy Systems has announced plans to acquire various biodiesel production facilities which are operating under capacity and can be bought at significant discounts.
This represents a major component of the company’s 2009 growth plan. It believes that consolidation of biodiesel assets will position the company as a premier producer and distributor of biodiesel…
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The results of VeraSun’s US bankruptcy court hearing could determine a new floor price for ethanol plants on the bankruptcy auction block.
If the judge approves a suite of bids on VeraSun Energy 17 facilities, buyers interested in other distressed ethanol assets might hope to pay the same low prices offered by VeraSun's suitors.
VeraSun accepted bids on 17 March totalling $993 million…
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US ethanol producer Aventine Renewable Energy Holdings has warned it has defaulted on some debt payments and could be seeking Chapter 11 bankruptcy protection.
Shares for the company fell to $0.12 (€0.09) on the news.
The company is seeking equity financing or a buyer for all or part of the company, but will choose bankruptcy if those efforts fail.
Aventine operates ethanol plants in Pekin…
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South Africa signed a contract to export between 70 and 90% of output from a planned 400,000 tonnes a year biodiesel plant to Germany. An environmental impact assessment is under way and production from the plant, located in the Elidz area, will start next year.
This is part of an initiative by the South African government to encourage export-oriented growth in the country through the attraction…
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StocExpo Europe 2009 opened in style today with a pre-show tour of the Port of Rotterdam, the home of the storage industry.
To mark the beginning of the fifth European event dedicated to bulk liquid storage, the Port of Rotterdam Authority showed guests key sights including building work on the new Gate LNG terminal, construction of Spanish biofuel producer Abengoa's ethanol plant, and…
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South Africa’s Eastern Cape has been selected as the site for a pilot project for which marine algae will be used to convert carbon dioxide into biofuels and other products.
Jacobs University in Germany has partnered with Nelson Mandela Metropolitan University (NMMU), in Port Elizabeth, South Africa, to expand the research with the intention of establishing pilot sites at various Eastern Cape…
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Quebec, Canada-headquartered Enerkem, an advanced biofuels and green chemicals technology company, has announced plans to build and operate a second-generation biofuels production facility located in Pontotoc, Mississippi, US.
Plans call for the plant to be built, owned and operated by Enerkem Mississippi Biofuels, a wholly-owned subsidiary of Enerkem.
It is expected to produce 20 million…
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Connecticut, US-based biofuels developer Greenleaf Biofuels has received a $1.3 million (€952,000) grant from the state of Connecticut to help finance the construction of a 6.7mgy biodiesel plant in New Haven Harbor, Connecticut.
Connecticut’s Department of Economic and Community Development (DECD) has backed the project, and it has been administered through the Connecticut Center for…
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Magellan Midstream Partners is collaborating with US ethanol producer Poet to progress a feasibility assessment of constructing a dedicated ethanol pipeline from the Midwest to distribution terminals in the north-eastern US.
Since February 2008, Magellan has been exploring the feasibility of constructing a 1,700-mile dedicated renewable fuels pipeline from northwest Iowa to New York harbour. It…
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State-owned Vietnam National Oil and Gas Group (PetroVietnam) plans to develop at least three ethanol plants in collaboration with other companies.
The plants will be set up in the southern province of Binh Phuoc, the northern province of Phu Tho, and at Dung Quat in the central province of Quang Ngai.
PetroVietnam will develop the facilities in the northern and southern provinces.
Each plant…
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Brazil’s oil giant Petrobras has announced a business plan for investments of $2.4 billion (€1.89 billion) into biodiesel and ethanol production for the 2009-2013 period, 91% of which will be in Brazil.
This amount is part of the total of $2.8 billion Petrobras has earmarked for the biofuels business, which also foresees expenditures of $400 million in infrastructure, such as ethanol…
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The Netherlands-based private equity firm Waterland has reached a final agreement with sustainable energy company Econcern for participation in BioMCN’s biomethanol projects.
The additional capital enables producer BioMCN to continue further investments in the construction of processing units for the production of biomethanol, on the world’s largest second generation biofuel plant.
The…
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Brazil’s BNDES state development bank will lend 2.5 billion reais (€834 million) to ethanol producers to boost production.
The funding will be used to stockpile 3.3 billion litres of ethanol, the Agriculture Ministry says.
Producers will be required to commit some of their own funds to store ethanol, boosting total inventories under the programme to 5 billion litres, the ministry said.
The…
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Brazilian company Uniduto Logistica will begin building the first phase of a major Brazilian ethanol pipeline in April 2010, with operations due for 2011-2012.
The pipeline will run from Brazil's main sugarcane-producing region in Sao Paulo state to the port of Santos.
The first phase has a budget of 1.8 billion reais (€603 million) to build 600km of pipeline.
Uniduto was created…
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Hindustan Petroleum (HPCL), India’s second-largest state-owned oil refining and marketing company, is increasing activities in the ethanol sector.
An investment of Rs 600 crore (€91.3 million) has been lined up by the company to re-start the two sugar mills it has acquired in Bihar.
Apart from sugar, the mills will produce ethanol and generate around 100MW of power using bagasse in…
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Finland-based natural gas importer and retailer Gasum and bioenergy company Biovakka have agreed to partner on biogas projects.
The collaboration will bring about the production of biogas for transmission via the natural gas network for use as transport fuel.
The first biogas facility in an area within the natural gas network is planned for Nastola at an investment of €10 million.
The…
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Finland-based refiner Neste Oil has announced its S$1.2 billion (€615 million) renewable diesel plant in Singapore is set to be complete by June 2010.
Production on the 800,000 tonnes per year plant is anticipated for Q3 2010.
The NExBTL plant will use feedstock such as animal fat, palm oil and other types of vegetable oils.
The firm plans to hire up to 60 people by the end of this year for…
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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.
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#Malaysia plans to extend its palm‑based B20 #biodiesel programme #nationwide in stages, with the pace of implementation shaped by the sensitivity of #palm oil prices relative to #petroleum.
https://biofuels-news.com/news/malaysia-outlines-phased-expansion-of-national-b20-biodiesel-rollout/
#biofuels #energy #supply #demand
