In Brazil, Bloomberg reports the Raizen IPO was likely priced at more than $1.1 billion on Tuesday with more than 810 million shares sold near the lower end of the expected valuation at just $1.42 per share. Concern about the company’s massive expansion plans following the acquisition of Biosev earlier this year and its hopes […]
In California, California Ethanol + Power (CE+P) announced that it is partnering with the Joint BioEnergy Institute (JBEI), a Bioenergy Research Center of the U.S. Department of Energy (DOE) to develop scalable next-generation renewable energy products using biomass from CE+P’s planned sugarcane ethanol facility in Imperial County, Calif. In addition, CE+P Permitting Manager Nathan M. […]
In Kansas, ICM has signed an agreement with Neomille, a subsidiary of Cerradinho Bioenergia, to design a bio-refinery in the Brazilian state of Mato Grosso do Sul. Construction will take place in Maracaju, 160 kilometers southwest of the state capital. The greenfield plant will deliver a corn grinding capacity of 3,400 MT daily and produce […]
In Canada, Xfuels Inc. will begin to produce biodiesel (B100) at its Bieseker plant. The company will purchase and install a continuous biodiesel production system capable of processing 50 barrels per hour, with the ability to expand the unit to 100 barrels per hour. The company will also integrate its priority grinding and oil extraction […]
In California, Savage, a global industry infrastructure and supply chain services company, announced a new multi-commodity transload terminal in San Joaquin County, near Stockton, CA, that will serve as a gateway for the distribution of renewable fuels into the state of California. Savage Railport – Stockton, CA is part of the company’s growing Savage Transload […]
In Texas, HollyFrontier Corporation and Holly Energy Partners, L.P have entered into definitive agreements under which HollyFrontier and HEP will acquire Sinclair Oil Corporation and Sinclair Transportation Company from The Sinclair Companies. Under the terms of HollyFrontier’s definitive agreement, HollyFrontier will acquire Sinclair’s: • Branded marketing business and all commercial activities, which build on an […]
In Alaska, kelp is plentiful in remote, coastal Alaska. Fuel is not. And it’s expensive. Many isolated communities rely on diesel generators for energy because they are not connected to pipelines or the electrical grid. But diesel is expensive since it must be barged or flown in. In search of a cheaper, sustainable fuel, researchers […]
In Washington, the National Biodiesel Board launched an ad campaign calling on President Biden to maintain his commitment to the Renewable Fuel Standard. The ads will air on more than 200 radio stations in Iowa, Illinois, Michigan, Minnesota and Wisconsin on the Brownfield Ag News Network. “As a candidate last August, Joe Biden called the […]
In Minnesota, CHS Inc. will expand access to higher ethanol blend fuels by offering E15 through 19 additional fuel terminals starting in early August 2021. CHS is registered with the U.S. Environmental Protection Agency (EPA) as an E15 manufacturer and sells E15 as an approved grade of fuel through its Cenex® brand retail locations. CHS […]
In Maine, Biofine Developments Northeast (BDNE), a biofuel producer and member of the National Energy & Fuels Institute (NEFI), announced an agreement with the town of Lincoln to establish a biorefinery at the former mill site located at 20 Depot Street. The plant will convert forest waste into a biofuel called ethyl levulinate (EL), which can replace […]
