In Texas, Reuters reports that RIN prices have soared yet again, this time following a lawsuit filed by Valero against Sundive accusing the latter of failing to provide its required Q4 RINs on time, leading to an additional $10 million in costs. The lawsuit was filed on December 31, 2020 in a Texas district court. […]
In Sweden, Wärtsilä will supply two large-scale biogas upgrading plants to different locations in Denmark. The order was placed by Nature Energy, the world’s leading biomethane company. By injecting biomethane – the end product of upgraded biogas – to the gas grid, Denmark will be taking an important step towards its stated ambition of becoming […]
In Colorado, Gevo said that as of December 31, 2020 it had paid off the entire outstanding balance of $12.7 million of Gevo’s 12.0% Convertible Senior Secured Notes exchanged and issued to Whitebox Advisors LLC on January 10, 2020. On December 23, 2020 and December 29, 2020, the holders of the Notes converted the remaining […]
In Iowa, local press reports at a fire broke out at the Hero Biodiesel plant in Clinton early Wednesday morning with flames seen reaching as high as 60 feet in the air. There was concern that the fire would reach the facility’s two methanol tanks, but it was put out in time before further damage […]
In Canada, Western Producer reports that despite Growth Energy’s assurances that the US ethanol industry will recover post-COVID, Rabobank believes otherwise because the industry was already in a difficult position before the pandemic. Although ethanol demand had improved by the end of 2020, down just 12% in November from the same period in 2019, Rabobank […]
In New York state, Reuters reports that RINs have soared to three-year highs after the Environmental Protection Agency failed to issue blending volumes for 2021 before the end of 2020 with D6 RINs trading at 79.5 cents on Monday while D4 RINs traded at $1.04. After failing to release the proposed rule earlier this summer […]
In Nebraska, Green Plains Inc. has acquired a majority interest in Fluid Quip Technologies (Fluid Quip) in a joint transaction led by Ospraie Management LLC. The acquisition capitalizes on the core strengths of the partners to develop and implement proven, value-added agriculture, food and industrial biotechnology systems, and to rapidly expand installation of Ultra-High Protein […]
In Washington, in a court filing Tuesday, the Renewable Fuels Association and Growth Energy continued to call on the U.S. Environmental Protection Agency and the Department of Energy to release the names and locations of refineries granted exemptions from their Renewable Fuel Standard obligations. RFA President and CEO Geoff Cooper and Growth Energy CEO Emily […]
In Maryland, Planet Green Holdings Corp. said that on January 4, 2021, the company entered into a Share Exchange Agreement with Jingshan Sanhe Luckysky New Energy Technologies Co., Ltd. and each shareholder of Jingshan. Pursuant to the Share Exchange Agreement, the company will acquire 85% of outstanding equity interests of Jingsang. The company closed the […]
In Texas, Greenway Technologies, Inc. announced receipt of a Notice of Allowance from the U.S. Patent and Trademark Office (USPTO) for another of its United States utility patent applications relating to its GTL fuel conversion technology. Greenway’s patent attorney stated that, “a Notice of Allowance refers to an application for which a USPTO examiner has […]
