In Texas, GoldRIN announced its GoldRIN Integrity Program, a cradle‐to‐grave Biodiesel RIN authentication and verification program, together with a $100 million insured indemnity to reimburse Obligated Parties for costs incurred should any of the “GoldRIN’sSM” they purchase on the GoldRIN Exchange (“GOREXTM”) prove to be defective or fraudulent. The GoldRIN Integrity Program includes on‐site audits […]
In Texas, Waste Management and Renmatix announced they have entered into a joint development agreement to explore the feasibility of converting post-consumer waste into affordable, sufficient-quality sugars for manufacturing biobased materials. In addition, WM has joined global chemical giant BASF and Kleiner Perkins Caufield & Byers in Renmatix’s Series C raise, now totaling $75M. The strategic investment and alliance […]
In the UK, TMO Renewables announced the signing of an MOU with the authorities of Heilongjiang, China, to secure long term large volume biomass feedstock supply for future biofuel production facilities from Heilongjiang State Farm, the largest state owned farming corporation in China. The MOU is the first step towards building the first of a […]
In Spain, Partners for Euro-African Green Energy (PANGEA) is launching its new report: Africa’s Water-Bioenergy Nexus. Ensuring Sustainable Water Management in Africa’s Biofuel Sector. In this report, PANGEA seeks to highlight ways to ensure a low water footprint in the developing African bioenergy sector through recommendations that encourage the implementation of methods that reduce water use […]
In Washington, the EIA is reporting that US ethanol production averaged 823,000 barrels per day (b/d) – or 34.57 million gallons daily. The 4-week average for ethanol production stood at 817,000 b/d for an annualized rate of 12.52 billion gallons. Stocks of ethanol stood at 18.5 million barrels. Gasoline demand for the week averaged 381.4 million […]
In Washington, the lengthy Romney-Ryan energy plan was published yesterday. For biofuels supporters, one phrase stood above all others. “The RFS must be maintained.” In Washington, in response to Governor Romney’s support of the Renewable Fuel Standard and market access for alternative fuels in his energy plan released today, Renewable Fuels Association President and CEO […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 1.02 percent to 61.08 as advanced biofuels tumbled. For the day, Ceres (CERE) dumped 6.61 percent to $6.22, while OriginOil (OOIL) rose 9.20 percent to $0.95. Among other equities, Renewable Energy Group (REGI) slipped back 4.75 percent to $5.42. Overall, declines led advances […]
The Digest continues on an eight-state Midwest tour – finding tales of energy independence – and reporting both the triumphs and the tensions. Today, we look today at Missouri – what technologies and feedstocks are key to their plan for a massive capacity boom? And what can the Show-Me State show you? Independence, MO – […]
In North Carolina, Chemtex announced that it has received a $99 million conditional loan guarantee from USDA, under the USDA’s 9003 Biorefinery Assistance Program for the engineering and construction of “Project Alpha.” Chemtex is in discussions with the State of North Carolina to locate Project Alpha, a 20 million gallon per year cellulosic ethanol facility, […]
In Michigan, Marrone Bio has broken ground at their Marrone Michigan Manufacturing facility in Bangor. MBI CEO Pam Marrone was joined by Senator Debbie Stabenow, Chairwoman of the Senate Committee on Agriculture, Nutrition and Forestry, and Bangor Mayor Jennifer Carpio-Zeller to celebrate the occasion. As a bio-based manufacturer, MBI is precisely the type of company […]
