Author Archive: Jim Lane

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BIO rips US Justice Department’s proposed PES bailout: “Refiner sold credits to undermine RFS”

BIO rips US Justice Department’s proposed PES bailout: “Refiner sold credits to undermine RFS”

March 29, 2018 |

In Washington, the Biotechnology Innovation Organization submitted comments to the U.S. Department of Justice on the proposed Consent Decree and Environmental Settlement Agreement with the United States Bankruptcy Court for the District of Delaware in the case of Philadelphia Energy Solutions Refining and Marketing LLC and PES Holdings LLC. Brent Erickson, executive vice president of […]

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Gevo says 30% cut in burn rate in focus for 2018 as 2017 $18M loss announced

Gevo says 30% cut in burn rate in focus for 2018 as 2017 $18M loss announced

March 29, 2018 |

In Colorado, Gevo announced a cash EBITDA loss of $16.2 million for 2017, while noting that the cash burn for 2018 will be approximately 30% lower than in 2017, the company projects. During 2017 Gevo produced 15.6 million gallons of ethanol, 47 thousand tons of animal feed, and 1,050 tons of corn oil resulting in […]

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US ethanol production dips to 15.99 billion gallon rate

US ethanol production dips to 15.99 billion gallon rate

March 29, 2018 |

In Washington, according to EIA data as analyzed by the Renewable Fuels Association, ethanol production averaged 1.039 million barrels per day (b/d)—or 43.64 million gallons daily. That is down 10,000 b/d from the week before. The four-week average for ethanol production decreased slightly to 1.043 million b/d for an annualized rate of 15.99 billion gallons. […]

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Green Biologics, Kingsford Charcoal partner to launch Ecolight natural charcoal lighter fluid

Green Biologics, Kingsford Charcoal partner to launch Ecolight natural charcoal lighter fluid

March 29, 2018 |

In Minnesota, Green Biologics has agreed to supply their patented GreenFlame bio-based charcoal lighter fluid formulation exclusively to Kingsford Charcoal, to be marketed under a new brand: EcoLight. The licensing agreement builds on the successful 2017 introduction of GreenFlame, a natural USDA BioPreferred certified, clean-burning charcoal lighter fluid based on Green Biologics’ proprietary advanced fermentation […]

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Rapeseed meal price jumps: report

Rapeseed meal price jumps: report

March 29, 2018 |

In Germany, UFOP reports that brisk demand for rapeseed meal drove prices to a three-year high. This reduced the price advantage compared to GMO-free soybean meal in compound feeds. German wholesale prices for rapeseed meal rose substantially over the past few weeks. Asking prices have surged by around 21 per cent since the beginning of […]

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Iowa RFIP spurs $138M in private investment as blender pump program runs dry 

Iowa RFIP spurs $138M in private investment as blender pump program runs dry 

March 29, 2018 |

In Iowa,  the Iowa Renewable Fuels Infrastructure Program (RFIP) yesterday awarded all of its remaining FY18 funds during its third quarter meeting due to rising retailer interest in offering higher blends of biofuels, The RFIP board awarded funds to 15 projects for retailers around the state to install the necessary equipment to offer higher blends […]

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Greenbelt Resources inks NDA with Duckweed DAYS for bioproducts R&D

Greenbelt Resources inks NDA with Duckweed DAYS for bioproducts R&D

March 29, 2018 |

In California, Greenbelt Resources signed a non-disclosure agreement (NDA) with Georgia-based Duckweed DAYS. Duckweed DAYS is a new entity formed by entrepreneurs to commercialize and further the research carried out by the Andrew J. Young Foundation (AYF) focused on utilizing duckweed as a vegetable source of rich protein to fight malnutrition worldwide. The Duckweed Project […]

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Call for Abstracts: Thermochemical Conversion Symposium 2018 heads to Auburn in October

Call for Abstracts: Thermochemical Conversion Symposium 2018 heads to Auburn in October

March 29, 2018 |

In Alabama, Auburn University is hosting the 2018 edition of the Thermal and Catalytic Sciences Symposium, October 8 – 10, 2018. TCS 2018 focuses on thermochemical biomass research and development and providing early career scientists and engineers an opportunity to present their research and interact with the senior researchers in the community. The conference organizers […]

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Indian Oil to buy 4% stake in LanzaTech

Indian Oil to buy 4% stake in LanzaTech

March 29, 2018 |

In India, reports have surfaced in local media that the Indian Oil Corporation will acquire a 4% stake in LanzaTech for $20 million, in a transaction that values the #1 ranked company in the Hot 50 at $500 million. The investment will be made through the IOC Singapore Pte Ltd subsidiary. Last July, we reported […]

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TopCat update: Anellotech hits new operating mark, biobased BTX takes a key step forward

TopCat update: Anellotech hits new operating mark, biobased BTX takes a key step forward

March 29, 2018 |

The unit is called TCat-8 but it really should be TopCat, befitting its position astride the world of bio-based catalytic pyrolyis. In the latest update, Anellotech completed two weeks of continuous operation of the seven-story tall TCat-8 pilot plant, just two months after completing commissioning. With the completion of the milestone, the company received an […]

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