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The results below show our latest news.
The results below show our latest news.
May 16, 2011
AE Biofuel restarts 55mgy ethanol plant
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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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May 16, 2011
The US Department of Energy (USDA) has accepted a cooperative's proposal for a Biomass Crop Assistance Program (BCAP) area designation. Named 'Plant, Baby, Plant', the designation was accepted by the USDA on 4 May 2011.
This designation of land will see 30 western Missouri counties and eight counties in Kansas form a 'fuel shed' in which the farmers will grow energy crops... [Read More]
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May 16, 2011
In Visalia, California, US, EdeniQ and Logos Technologies are to begin building a corn-to-ethanol pilot plant in, funded partly by a $20 million (€14.2 million) federal Department of Energy (DoE) grant.
The companies will break ground on the facility on 19 May 2011, marked with a groundbreaking ceremony at 10am.
The pilot plant will be installed with EdeniQ's technology... [Read More]
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May 19, 2011
In Baton Rouge, Louisiana, US, speciality chemicals firm Albemarle Corporation has acquired Catilin, a technology company dedicated to the development and application of heterogeneous biodiesel catalysis.
The new move will see Albemarle become involved in several R&D synergies.
'We are excited to offer Catilin technology alongside our existing GoBio portfolio to customers... [Read More]
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May 19, 2011
Germany-based ethanol producer CropEnergies' revenues reached €472.8 million between 1 March 2010 and 28 February 2011, a 26% increase on the previous financial year's €374.1 million.
The company's operating profit was almost four times that of the previous year, increasing from €11.9 million to €45.9 million.
The supervisory board decided to follow... [Read More]
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The #MODALIS Group and #Dunkerque-Port have laid the foundation stone of the Western Port rail-road transhipment terminal, a next-generation multimodal platform designed to accelerate the decarbonisation of freight transport across #Europe.
https://biofuels-news.com/news/western-port-terminal-to-slash-co%e2%82%82-with-hvo-powered-vehicles-and-low-carbon-rail-solutions/
The Abu Dhabi-based renewable-fuels firm #MENA Biofuels has announced progress in developing what will be the United Arab Emirates’ first commercial #sustainable #aviation #fuel (#SAF) production plant, located in #Fujairah.
https://biofuels-news.com/news/uaes-first-commercial-saf-plant-advances-mena-biofuels-moves-forward-with-fujairah-project/
