Archive for August, 2008
Biofuels Digest Index edges up 0.03 percent to 73.61 on agribusiness rise
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, edged up 0.03 percent yesterday to 73.61 as agribusiness and ethanol improved. For the day, The Andersons (ANDE) gained 1.13 percent to $45.47, while BioFuel Energy (BIOF) jumped 12.26 percent to close at $1.19. Among small caps, Pure Biofuels (PBOF.OB) fell 3.23 percent to [...]
Lignol’s wood-based cellulosic ethanol plant site moved to Grand Junction; $85 million project will open in 2012
In Colorado, Canada’s Lignol has moved the site of its proposed demonstration-scale wood-based cellulosic ethanol plant from Commerce City to Grand Junction. The $85 million project will be managed by Suncor Energy and will convert trees and wood products to ethanol. commencing in 2012. Canada has been struck by a beetle infestation that has killed [...]
Green Energy Resources orders share buyback after shares fall 50 percent in ‘08 despite profits, dividend
In New York, Green Energy Resources ordered a share buyback after share prices have tumbled by more than half in 2008 despite four years of consecutive profits, issue of dividends in the last two years, projected sales growth of up to 20 percent and no debt. The company supplies wood fiber for ethanol, co-firing with [...]
Algae pioneer Solazyme raises $45 million for expansion to commercial-scale
In California, algae pioneer Solazyme raised $45.4 million in series C funding that will provide liquidity as the company expands towards commercial scale.
Last week, Solazyme CEO Jonathan Wolfson told Biofuels Digest that he expected to commence construction on a commercial-scale facility within two years, and that the major obstacle facing the company in its path [...]
2008 projected corn yields to increase 2.7 percent to 155 bushels per acre despite spring flooding
The USDA released 2008 field corn crop production estimates showing that the Department expects corn yields to increase 2.7 percent this year to 155.2 bushels per acre, up from the 2007 record yield of 151.1 bushels per acre. This increase, which increases nominal per-acre yield for corn ethanol (based on 2.8 gallons per bushel in [...]
Today in Biofuels Opinion: “While ethanol production … is a factor in increased (food) prices, it’s not the driving factor.”
US Secretary of Agriculture Ed Schafer: “Things have become apparent that while ethanol production … is a factor in increased (food) prices, it’s not the driving factor. Energy, and increased consumption globally, are the issues here that are pushing the show…I think we’re on the right direction, and we’ll stay there.”
Terry Detrick, chairman of Oklahoma [...]
Senate Majority Leader Reid outlines 26-point energy policy, will present at Democratic Convention
In Colorado, Senate Majority Leader Harry Reid sent a letter to delegates at the Democratic National convention outlining a 26-point energy policy plan for state and federal government. The plan, which is an outcome of the National Clean Energy Summit held last week in Nevada, will be highlighted by Reid in his address to delegates [...]
Brazilian sugar prices to rise another 14 percent after 30 percent first half jump, sugar exec says
In Brazil, the CEO of the country’s third largest sugarcane ethanol producer, Jacyr Costa Filho of Acucar Guarani, said that he expected sugar prices to rise 145 percent in the remainder of 2008 due to increased ethanol production. The price of sugar has increased 30 percent this year to 16 cents per pound on international [...]
Algae expert appointed director of Enterprise Rent-A-Car Institute for Renewable Fuels
In Missouri, the Enterprise Rent-A-Car Institute for Renewable Fuels at the Donald Danforth Plant Science Center in St. Louis has appointed Dr. Richard Sayre as director of the Institute and focused efforts on algae biofuels research. “Extracting oil from algae to produce a more sustainable biofuel is one of the most promising and exciting areas [...]
Osage Bio Energy receives final Virginia permit for 68 Mgy barley ethanol plant
In Virginia, Osage Bio Energy received its air permit from the Virginia Department of Environmental Quality, the final hurdle before commencing construction at its proposed 68 Mgy barley-based ethanol plant in Hopewell. The plant is now scheduled to commence production in May 2010, and construction will begin in October on the $160 million project.
- Algae-to-energy news roundup
Jatropha news roundup
Waste-to-energy news roundup
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 Energy
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 -
