In South Africa, the Democratic Alliance has called for the lifting of a ban on maize for ethanol production, after the Grain SA trade association said that a harvest surplus of 4 million tonnes from this year’s harvest had left many small farmers facing bankruptcy. The DA said that “The ban was imposed when world […]
FrancisThicke: Bio-oil production can be done on a much smaller scale than the predominant model for biofuels – large-scale corn ethanol plant Bertromavich: India should consider new-generation biofuels: India imports over three-quarters of its petroleum needs. stephflynn101: RT @STLCo_growth: STL Business Development Fund & STL Private Fund invest in St. Louis Biofuels algaeindustry: #ABO member […]
In Iowa, speakers at the TCS 2010 meeting in Ames highlighted significant advances this year on progress and pure research in thermal and catalytic sciences for bio-based products. The DOE’s Valerie Reed, acting Biomass Program Manager, said that the Administrations goals were to reduce the cost of cellulosic ethanol to $1.76 per gallon by 2012, […]
In Washington, the Biotechnology Industry Organization (BIO), Advanced BioFuels Association, and Algal Biomass Organization released a letter to President Obama asking for reforms to the DOE’s Loan Guarantee program. The three associations asked the President to issue formal guidance to DOE clarifying that the RFS provides advanced biofuel producers sufficient long-term market certainty so that […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, slipped 0.06 percent to 68.47 as oil equities fell. For the day, Archer Daniels Midland (ADM) recovered 1.64 percent to $33.39, while in the oil sector BP fell 1.30 percent to $38.09. Among other equities, Verenium (VRNM) jumped 5.10 percent to $3.30. Overall, advances […]
In the Netherlands, Wetlands Watch International is claiming that the Clean Development Mechanism will no longer grant carbon credits to projects that produce palm oil from peat soils. Last year the CDM board approved a methodology for projects that produced biodiesel on degraded land. The NGO claims that this methodology gave additional impetus for investment […]
In Nebraska, BlueFire Renewables has signed an off-take agreement with Tenaska Biofuels for all of BlueFire’s 19 MGY cellulosic ethanol production from its planned facility in Fulton, Miss. Pricing of the 15-year contract follows a market-based formula structured to capture the premium allowed for cellulosic ethanol compared to corn-based ethanol, giving BlueFire a credit worthy […]
In Indiana, Aventine Renewables says it will open its new ethanol facility in Mount Vernon before the end of the year when the federal deadline for new regulations on renewable fuels takes effect. If it is up and running before the deadline, the facility will be grandfathered in under older, laxer rules. More on the […]
In Alabama, the mayor of Hoover has written a letter of support for a $45 million grant from the USDA to the SouthEast Region Algae Consortium for to build a demonstration plant on property near the Inverness Wastewater Treatment plant, where water would be used to grow algae if the grant is received. The project […]
In Thailand, Bangchak Petroleum will invest $65 million to buy two ethanol plants during the next year. The company will stop producing 95 octane gasoline in 2012 and is looking for other businesses to offset the loss of $3.2 million in annual revenues. Though it had originally planned to invest in greenfield ethanol production, it […]
