Archive for May, 2008
“Jury still out on algae systems”, says Sandia National Lab researcher; algae round-up
“The jury is out on all [algae systems],” Sandia National Laboratory researcher Ron Pate told Popular Mechanics, “nobody has fully demonstrated that their system is going to be affordable and scalable, and be robust in terms of operations and maintenance and the ability to produce a large amount of oil routinely.” Pate’s comment was one [...]
Today in Biofuels Opinion: “The market’s in paralysis from a financing standpoint”
Arnold Klann, CEO of BlueFire Ethanol Fuels: “The market’s in paralysis from a financing standpoint. [The food vs fuel debate] has affected [our ability] to raise money…You’ve got to get past the negative press and negative connotation.”
Kemal Dervis, Administrator of the United Nations Development Programme: “The world has seen a huge jump in food prices [...]
Petrobras to complete 700-mile Brazilian ethanol pipeline by end of 2009
In Brazil, the president of Petrobras said the state oil company will complete its 700 mile ethanol pipeline from Goias state to Sao Paulo by the end of 2009. Petrobras also said that its second pipeline was in the planning stages, and the initial studies would be completed next month on the alternative route from [...]
USDA releases landmark study on climate change’s effect on agriculture; biomass potential under stress over water, temperature concerns
In Washington, the USDA released its landmark report, “The Effects of Climate Change on Agriculture, Land Resources, Water Resources, and Biodiversity”, bringing together the results of research work at 13 federal agencies. 38 authors and 14 peer reviewers took part in the project, which concluded that “Climate changes – temperature increases, increasing CO2 levels, and [...]
New Agriculture Outlook from FAO and OECD: biofuels to double by 2017
In France, the OECD and FAO published a new Agricultural Outlook. The report forecasts an increase in global ethanol production to 33 billion gallons by 2017, up 100 percent from 2007, with prices averaging $2.07 per gallon in 2009. Biodiesel production was projected to reach 6 billion gallons in 2017, up from 3 billion in [...]
Former Imperium Renewables commodities trader sues for $12 million over back pay
In Washington state, a former Imperium Renewable employee has sued the company for as much as $12 million in back payments, punitive damages and attorney’s fees. The suit alleges that Kenneth Orr was dismissed after earning more than $58 million for the company trading commodities, in order to avoid an expensive series of bonus payments [...]
Sun Biofuels acquiring large tracts of land in Tanzania for jatropha
In Tanzania, Sun Biofuels is acquiring 17,000 acres for jatropha cultivation and will expand capacity to 85,000 acres in the long-term. The company said it will pay workers $1095 per year for farming and harvesting and would devote an additional five percent of its budget towards “social infrastructure”. Observers said that Tanzania uses less than [...]
Sodra Cell Varo to convert to biomass, biofuels to power Swedish pulp and paper plant
In Sweden, pulp producer Sodra Cell Varo announced an $83 million project to generate all its energy needs from timber biomass and biofuels. The project, which will be operational by 2010, reduces the bark needed for combustion and will convert surplus bark into biofuels, which in turn will replace the plant’s dependence on heating oil. [...]
Biofuels Digest Index falls 0.87 to 110.84 on ethanol, ADM dips
Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.87 points to 110.84 on a continued slide at ADM and ethanol weakness. For the day, Archer Daniels Midland (ADM) fell 0.90 percent to close at $39.50, while VeraSun Energy (VSE) fell 0.72 percent to close at $6.94. Among small caps, Earth Biofuels (EBF) [...]
VeraSun nears completion of 110 Mgy corn ethanol plant in Iowa
In Iowa, VeraSun Energy said that it would complete construction at its 110 Mgy corn ethanol plant at Hartley by the end of June. Construction commenced in November 2006.


