Archive for February, 2009
Today in Biofuels Opinion: “The campaign is systematically engineering the collapse of America’s fledgling independent renewable fuel and energy producers market.”
Paul Argyropoulos, a senior policy adviser with EPA’s Office of Transportation and Air Quality, on the indirect life cycle emissions report on ethanol being prepared by the EPA: “We believe we are on track for completion of an expedited review. Unless there are some really sticky issues that I am not aware of to get [...]
Biofuels retailer Propel Fuels hires VC as CEO, targets growth, as US E85 station count grows to 1,969
Propel Fuels announced that Matt Horton, principal of venture capitalist @Ventures, will become CEO of the company, replacing Rob Elam who will remain as President. Propel recently installed E-85 ethanol and B-5 biodiesel pumps at five gas stations in Sacramento, Rocklin, Citrus Heights and Elk Grove. It also has biofuels pumps at six stations in [...]
Growth Energy hires former Daschle adviser Tom Buis as CEO; former congressman Jim Nuttle joins as Special advisor for ethanol promotion group
In Washington, Growth Energy today announced Tom Buis, recent president of the National Farmers Union and former advisor to Senate Majority Leader Tom Daschle, will become the new CEO of the organization.
Last week, the group said that General Wesley Clark will serve as Growth Energy’s National Co-Chairman. In addition to running the day-to-day operations for [...]
Pacific Ethanol shuts down production at 60 Mgy corn ethanol plant in Idaho
In Idaho, Pacific Ethanol announced that it will temporarily shut down production at its $120 million, 60 Mgy corn ethanol plant in Burley, citing economic conditions. Local officials in Burley said they have not been given a time horizon for the restart of the plant.
Earth Biofuels to change name, focus on development in Washington, Louisiana and Mississippi
In Texas, Earth Biofuels said that it would change its name to Evolution Energy and will issue a new ticker symbol within 30 days.
The company, best known for its association with singer Willie Nelson and his BioWillie brand of biodiesel, said that its goals will be: Completion of a commercial scale cellulosic ethanol production facility [...]
POET finalizes $14.75 million grant from Iowa Power Fund for 25 Mgy cellulosic ethanol plant
In Iowa, POET CEO Jeff Broin said that the Iowa Power Fund Board has approved a $14.75 million contract with POET for development of the $200 million, 25 Mgy Project Liberty cellulosic ethanol plant in Emmetsburg, Iowa.
Late last year, POET and the Iowa Power Fund Board agreed to terms surrounding the project, and final approval [...]
Honda to launch cellulosic ethanol research center in Japan
In Japan, Honda Motor said that it will commence construction of a cellulosic ethanol research centre in Chiba prefecture in April and commence operations in November. The celebrated automaker has already developed technology for production of ethanol from cellulose, and said that it would continue to remain an industry leader in the development of eco-friendly [...]
Malaysia, Indonesia pledge cooperation to reduce palm oil supply, stabilize prices
Malaysia and Indonesia announced that they would cooperate to stabilize prices for palm oil, which have plummeted since the summer. The two countries control 85 percent of global palm oil production. The countries said they will take steps to manage palm oil stocks and reduce supply by accelerating replanting of older oil palm trees. The [...]
USDA chief economist says 15 percent of US ethanol capacity may be idle, as Energy Informaion Administration cuts outlook for oil demand
In Washington, USDA chief economist Joseph Glauber told the USDA Agricultural Outlook Forum that 15 percent of ethanol production capacity is believed to be idle, due to falling gasoline prices. Meanwhile, the US Energy Information Administration reduced its world oil demand forecast for 2009 by 146 million barrels, with an overall decline in oil use [...]
Biofuels Digest Index drops 2.02 percent to close at 47.54 on large cap sag
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 2.02 percent to close at 47.54 as large caps drifted downwards. Archer Daniels Midland (ADM) lost 1.56 percent to $27.11, while British Petroleum (BP) fell 2.33 percent to $39.00. Among small caps, Biofuel Energy (BIOF) gained 3.13 percent to $0.33. Overall, declines led [...]
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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 -
