In Tennessee, a genetic engineering research effort led by a University of Tennessee Institute of Agriculture plant scientist is among 66 award-winning projects selected by the U.S. Department of Energy as potentially transformational in its field. The DOE award is for just over $441,000 for one year. On November 28, DOE announced this award and […]
In Washington, the EIA reports that ethanol production averaged 827,000 barrels per day (b/d) – or 34.73 million gallons daily. That is up 2,000 b/d from the week before. The 4-week average for ethanol production stood at 813,000 b/d for an annualized rate of 12.46 billion gallons. Stocks of ethanol stood at 18.1 million barrels. […]
In Illinois, Bloomberg is reporting that ethanol is trading at its highest point relative to the price of gasoline since last summer. “The grain-based additive’s discount to gasoline was 18.79 cents a gallon based on front-month futures, versus 21.08 cents yesterday, the least since July 18. The spread has averaged 62.2 cents this year and […]
In Hawaii, you can now call it HiSERF, the Hawaii Sustainable Energy Research Facility. The 10-year-old Hawaii Fuel Cell Test Facility – sponsored by the Hawaii Natural Energy Institute at the University of Hawaii-Manoa and Hawaiian Electric Company — got that new name, a new logo and a new sign to reflect its new and expanded mission […]
In Germany, BASF has completed the acquisition of Becker Underwood from Norwest Equity Partners, a U.S.-based private equity investment company, for a purchase price of US$1.02 billion. With the acquisition, BASF is now a leading global provider of technologies for biological seed treatment as well as seed treatment colorants and polymers. BASF has also expanded […]
In Washington, Growth Energy and the Renewable Fuels Association responded to news that the European Commission issued a “general disclosure document” setting forth its proposed ruling in the antidumping investigation involving U.S. ethanol exports to Europe. Growth and RFA jointly commented: “We continue to cooperate with the Commission’s investigation. We are troubled by news that the […]
In the Netherlands, Royal DSM announced that it has successfully completed the acquisition of Cargill’s cultures and enzymes business. The acquisition, announced on 26 October 2012, will enable DSM to become a global tier one dairy ingredients supplier. The cultures and enzymes business of Cargill is a global leading manufacturer of cultures and enzymes for […]
In Qatar, The World Energy Council’s (WEC) global ranking of country energy sustainability performance was released, revealing that “most of the over 90 countries assessed are still far from achieving fully sustainable energy systems.” The 2012 Energy Sustainability Index, published within the WEC’s 2012 World Energy Trilemma report, “Time to get real – the case […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, was flat at 61.30 despite an advanced biofuels dip. For the day, Pacific Ethanol (PEIX) soared 12.90 percent to $0.35, while Gevo (GEVO) fell 2.01 percent to $1.46. Among other equities, Renewable Energy Group (REGI) dropped 3.12 percent to $5.90. Overall, advances led declines […]
EIA forecasts paints gloomy fuel price projection: $8.68 gasoline, $268 crude oil by 2040. Despite more pain at the pump, EIA cuts back sharply on projections for flex-fuel and all-electric vehicles. Where are the alternatives? When six press releases arrive from the biofuels community in the space of two hours, offering perspective and caution on […]
