In California, the state government published its proposed carbon and greenhouse gas regulations, but unexpectedly proposed to initially offer carbon emission permits by grandfathering in existing emissions as of 2012, when the emissions trading scheme takes effect. The scheme, which is threatened by Proposition 23 on the California ballot in today’s election, is not expected […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, was flat at 75.78 on ethanol backtracked. For the day, Archer Daniels Midland (ADM) regained 0.21 percent to $33.39, while Codexis (CDXS) jumped 6.93 percent to $10.95. Among other equities, Biofuels Energy (BIOF) plunged 8.48 percent to $2.05. Overall, declines led advances 2 to […]
In Florida, Digest readers dethroned hydrotreating as the hottest biofuels processing technology, installing “Drop-in fuels produced from biomass, using catalytic reforming, or microbial conversion of sugars to diesel” as the new champion, as the 50 Hottest Companies in Bioenergy 2010-11 voting process got underway. Voting debuts each year with the annual Digest survey on the […]
In Georgia, U.S. Secretary of Agriculture Tom Vilsack and U.S. Rep. Sanford Bishop visited the First United Ethanol LLC (FUEL) biofuel plant located near Pelham. The Secretary’s visit highlighted his desire to create a strong, vibrant rural economy which will be further supported through several U.S. Department of Agriculture initiatives announced by Vilsack on Oct. […]
In California, Raymond James affirmed its Market Perform status for Codexis in light of the company’s “opportunity to be a first mover in advanced biofuels with the uncertain timeline for commercialization”. Biofuels analyst Pavel Molchanov wrote that “Codexis’ plans to diversify into carbon capture and bio-based chemicals carry positive long-term potential, they are still largely […]
LanzaTech announced today that Prabhakar Nair has joined the company as Vice President of Business Development Asia Pacific. He joins chief executive Dr Jennifer Holmgren and chief scientist Dr Sean Simpson, who were both recently named at number 38 on the Biofuels Digest international “Top 100 People inBioenergy List”. From 1999 to 2005, Prabhakar Nair […]
In South Africa, the African Center for Biosafety (ACB) issued a statement expressing concerns over the possible inclusion of corn in a revision of the country’s biofuels policy. The Ministry of Agriculture, Forestry and Fisheries (DAFF) is considering the policy change due to a large surplus of conventional and GM corn produced in the country […]
In Mexico, Repsol announced the formation of a new company, Kuosol, in partnership with Mexico’s KUO Group, to develop a 10 million gallons jatropha-based biofuels venture. Kuosol will develop up to 10,000 acres of Mexican land and generate, according to the company, using land vacated by a pork operation, and recycled water from local farms. […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, edged up 0.12 percent to a new 26-month high of 75.78 on strong traction in advanced biofuels. . For the day, Archer Daniels Midland (ADM) dropped 0.39 percent to $33.45, while Codexis (CDXS) stormed back 15.45 percent to $10.24. . Among other equities, Shell […]
In Brazil, Kia has introduced the Kia Soul Flex, which runs on up to 100 percent ethanol, and will target the car for the Brazilian market. The company said that the Soul Flex would begin shipping to Brazil in November, taking advantage of the 40 percent lower price of ethanol in the Brazilian market that […]
