Archive for April, 2008
Biofuels Digest Index plunges 3.86 percent on ethanol mandate repeal fears
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, plunged 3.86 percent to close at 126.26, on slumping agribusiness and falling ethanol stocks as fears grow over a repeal of the ethanol mandate. For the day, Archer Daniels Midland (ADM) fell 3.88 percent to $45.58 after the release of quarterly earnings, while Aventine [...]
India’s Uttar Pradesh state government OKs ethanol made from sugar cane, as sugar price slump continues
In India, the state government of Uttar Pradesh has given the go-ahead to sugar mills to produce ethanol directly from sugarcane. Previously, ethanol could only be produced from molasses, an intermediate step that made commercial scale ethanol production economically unfeasible. The move will also allow sugar cane farmers to lessen the impact of the global [...]
Fiat to debut ethanol-powered truck engine in 2010; cost, emission reductions seen for biofuel producers
In Brazil, Fiat Powertrain Technologies said it will launch a new ethanol-powered engine for trucks and agriculture machinery engine in 2010. The engine will reduce costs for ethanol producers by allowing them to run on their own ethanol fuel at cost, instead of purchasing retail diesel. The engine will be an adaptation of existing technology, [...]
Minnesota awards $150K to Chippewa Valley Ethanol to evaluate heat-from-corn cob energy process
In Minnesota, the state Department of Commerce’s Office of Energy Security awarded $150,000 to Chippewa Valley Ethanol for an evaluation of the plant’s process for producing energy from corn cobs. The plant utilizes the cobs to provide heat for the plant, in lieu of natural gas.
In Minnesota, the state government is preparing plans for ending [...]
Today in Biofuels: $1.01 US tax credit for cellulosic ethanol proposed in Senate; Florida moves to E10; Brazil’s Brenco to raise $3.2 billion in IPO
Top Story:A report from Raymond James analyst Pavel Molchanov said that “the reduction in the [ethanol] tax credit is not likely to have a direct impact on ethanol producer margins, if only because the economics of the credit are currently being captured in their entirety by the blenders.“Â The Senate has proposed that the cellulosic [...]
Senate proposes $1.01 per gallon ethanol tax credit; ethanol tariff 50/50 chance of expiring this year, analyst projects
A report from Raymond James analyst Pavel Molchanov said that “the reduction in the [ethanol] tax credit is not likely to have a direct impact on ethanol producer margins, if only because the economics of the credit are currently being captured in their entirety by the blenders.”
The Senate has proposed that the cellulosic ethanol tax [...]
Today in World Opinion: US, EU biofuel policy a “criminal path” according to UN Special Rapporteur; anti-speculative legislation proposed
The UN Special Rapporteur on the Right to Food, Jean Ziegler, described US and EU biofuels policy as a “criminal path.” The AP reported that a transcript of a briefing to UN leaders, Ziegler said that “fuel policies pursued by the US and the EU were one of the main causes of the current worldwide [...]
Florida legislature mulls E10 legislation Friday; Chevron, Shell, Exxon, BP and Hess move to E10 in Florida by July
In Florida, legislation is expected to come to a vote Friday mandating E10 throughout the state by the end of 2010. The 10×10 legislation may be unnecessary, according to local reports that pure gasoline will becoming difficult to find after ExxonMobil and BP commence selling E10 at their Florida stations next week. Shell commenced selling [...]
National Biodiesel Board at loss to explain doubling of soy prices; reserves at high levels; blames speculators
“It’s not following any linear economic path,” Amber Pearson, a spokesperson for the National Biodiesel Board, told news.com as soy prices have doubled in the past two years, to 60 cents a pound. The NBB said that numerous plants had been idled by high prices, while Fred Tennant of PetroAlgae said “The numbers are impossible.” [...]
New Democratic Party proposes food impact study, as Canada prepares to pass 5 percent biofuels mandate
In Canada, the New Democratic Party leadership has proposed an amendment to the Canadian biofuels legislation that would require a study on ethanol and food scarcity. The amendment is proposed to Bill C-33, itself an amendment to the Environmental Protection Act, that would require 5 percent of all fuel to come from biofuels by 2010. [...]
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The 50 Hottest Companies in Bioenergy - Sponsored by Core Informatics
Click on company name for latest company news
1. Coskata
2. Sapphire Energy
3. Virent Energy Systems
4. POET
5. Range Fuels
6. Solazyme
7. Amyris Biotechnologies
8. Mascoma
9. DuPont Danisco
10. UOP
11. ZeaChem
12. Aquaflow Bionomic
13. Bluefire Ethanol
14. Novozymes
15. Qteros
16. Petrobras
17. Cobalt Biofuels
18. Iogen
19. Synthetic Genomics
20. Abengoa Bioenergy
21. KL Energy
22. Ineos
23. GreenFuel
24. Vital Renewable Energy
25. LS9
26. Raven Biofuels
27. Gevo
28. St.1 Biofuels Oy
29. Primafuel
30. Taurus Energy
31. Ceres
32. Syngenta
33. Aurora Biofuels
34. Bionavitas
35. Algenol
36. Verenium
37. Simply Green
38. Carbon Green
39. SEKAB
40. Osage Bioenergy
41. Dynamotive
42. Sustainable Power
43. ETH Bioenergia
44. Choren
45. OriginOil
46. Propel Fuels
47. GEM Biofuels
48. Lake Erie Biofuels
49. Cavitation Technologies
50. Lotus/Jaguar – Omnivore -
