In Canada, Cielo Waste Solutions Corp. announced that it has secured eligibility by The Depository Trust Company for its common shares, which trade on the OTCQB in the United States under the trading symbol CWSFF. DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and […]
In California, Pacific Ethanol, Inc. announced it has signed a definitive agreement to sell its 74% ownership interest in Pacific Aurora, LLC to the Aurora Cooperative Elevator Company (Aurora Cooperative) for $52.8 million of consideration, subject to certain working capital adjustments. Aurora Cooperative currently holds a 26% ownership interest in Pacific Aurora, LLC. Included in […]
In Washington, U.S. Sens. Ted Cruz (R-Texas), John Barrasso (R-Wyo.) and dozens of their colleagues this week sent a letter to President Trump urging him to file a petition for a rehearing of the U.S. Court of Appeals for the Tenth Circuit’s decision to invalidate hardship relief for small refineries under the Renewable Fuel Standard […]
In Thailand, bio-based chemical company Advanced Biochemical (Thailand) Co., Ltd. has announced a capacity increase at its plant in Map Ta Phut, Thailand, which will now produce 120,000 mt/year of bio-based epichlorohydrin (ECH) – an increase of 20,000 mt/year. Permission for this increase was granted by the Industrial Estate Authority of Thailand. The capacity increase at ABT’s […]
In India, the Economic Times newspaper reports that the government aims for ethanol production to jump to 9 billion liters in the next two years from the current 3.55 billion liters in order to significantly reduce fossil fuel imports. Permission for 362 new ethanol plants producing 5.5 billion liters of ethanol annually has been granted […]
In Thailand, the Bangkok Post newspaper reports that the government has increased the price of B7 in an effort to make B10 and B20 comparatively cheaper and lure drivers towards the higher blends. B7 is set to be phased out. The Oil Fuel Fund Office is providing the funds for the subsidy scheme that will […]
In Colorado, a Colorado resident was sentenced to 83 months in prison on Friday for his role in a biodiesel tax credit fraud scheme, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division. According to court documents and statements made in court, Matthew Taylor and his coconspirators defrauded the […]
In Italy, Eni released its strategic plan through 2050 that includes a number of priority areas for bioenergy. Refining: gradual conversion of Italian sites by focusing on new technologies for the production of decarbonized products from the recycling of waste materials. Increase in bio-refining capacity to 5 million tons per year, palm-oil free from 2023, […]
In Virginia, Smithfield Foods, Inc. and Roeslein Alternative Energy (RAE) announced an additional $45 million investment in their Monarch Bioenergy joint venture, which captures methane from hog manure to produce renewable natural gas (RNG) in Missouri. The additional investment will enable the continued implementation of “manure-to-energy” projects on Smithfield’s farms, resulting in RNG generation across […]
In Italy, Snam, one of the world’s leading energy infrastructure companies, and SOCAR, a State-owned energy company of the Republic of Azerbaijan operating in Azerbaijan and other countries, signed a cooperation agreement to study the development of renewable gases and use of sustainable energy, with a view to their delivery through the Southern Gas Corridor […]
