In California, OriginOil has entered into a definitive convertible notes purchase agreement with institutional investors for an aggregate purchase price of $1 million. The closing of the sale of the notes is anticipated to occur on or about July 11, 2011, subject to customary closing conditions. Riggs Eckelberry, OriginOil’s CEO commented that this was OriginOil’s […]
In the Netherlands, Solvay and Avantium announced a partnership to jointly develop a next generation of green high-performance polyamides for engineering plastics. The partnership combines Solvay’s leading position in specialty polymers and Avantium’s YXY technology for producing building blocks for green materials. ‘ The companies will make a range of compositions containing Avantium’s YXY building […]
In Uganda, President Yoweri Museveni, said at rally in Bukakata that the country would work specifically with the Pegasus Investments to grow jatropha as a way to increase household income. The jatropha will be used for biodiesel, and coproducts such as glycerin and charcoal briquettes. According to Pegasus’ website, they are a Ugandan based company […]
In the Dominican Republic, VIASPACE reports they have produced Giant King Grass pellets, which were tested by SGS North America. The pellets reportedly have a gross calorific value of 7724 BTU/dry lb. The pelletization and testing of Giant King Grass was performed as part of a project to develop a 250,000 to 400,000 ton per […]
In Jamaica, Jamaica Broilers Group may be able to capitalize on the RFS cap on conventional biofuels that describe sugar cane derived ethanol as an advanced biofuel. As a result of U.S. tax exemptions granted under the Caribbean Basin Initiative, JBG is anticipating that their ethanol earnings will return to being above their other business […]
Today on Twitter. enviroblog: Biofuels policy is on the wrong road BIOblogger: Read #MyComment to #biorefining A Dangerous Precedent BatesNursery: Better than using food crops; USDA Establishes 50,000 Acres for Biofuels Crops in Missouri, Kansas: Sean_OHanlon: The Future of #Biofuels rests with Ag waste shukla_tarun: Only if they could fly on beer…”@vishal1mehra: Airlines cleared to […]
In California, LS9 announced a collaboration with MAN Latin America in Brazil, to test LS9’s renewable diesel in both stationary engines and operational fleet vehicles in Brazil. The project will include performance, emissions, fuel consumption and engine durability testing, as well as field testing of LS9’s biofuel in Volkswagen trucks and buses. Roberto Cortes, president […]
In Washington, the Energy & Environment Subcommittee of the House Committee on Science, Space, and Technology held hearings yesterday entitled “Hitting the Ethanol Blend Wall: Examining the Science on E15,” to hear feedback on draft legislative language on mid-level ethanol blends of up to 15% ethanol in gasoline. This year, the EPA provided waivers allowing […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, continued its July rally, gaining 0.63 percent to 90.54. For the day, Archer Daniels Midland (ADM) fell 0.98 percent to $30.45, while Valero (VLO) jumped 4.03 percent to $26.32. Among other equities, Green Plains (GPRED) soared 4.89 percent to $11.15. Overall, advances led declines […]
Readers, stakeholders provide key feedback on Victory Plant project for commercializing advanced biofuels at scale Last week, we wrote about the launch of a collaborative industry dialogue, and a Biofuels Council of Advisors on Science and Technology, that will set companion goals for advanced manufacturing in biofuels in April 2012, at the Advanced Biofuels Leadership […]
