In Washington, the USDA announced the acceptance of applications to enter into Contracts to make payments to eligible advanced biofuel producers under the Bioenergy Program for Advanced Biofuels to support and ensure an expanding production of advanced biofuels. To be eligible for payments, advanced biofuels must be produced from renewable biomass, excluding corn kernel starch, […]
In Nebraska, local press reports that the state supreme court has sided with Wheatland Industries that its ethanol plant in Madrid was valued at just over $7 million in 2017 rather more than $16 million as valued by the Perkins County assessors. The company has already paid taxes paid on the higher valuation so will […]
In California, Pacific Ethanol, Inc. reported it has reached agreements in principle for long-term amendments with its lenders and has secured short-term extensions to allow time for the company, its senior secured lenders and Pacific Ethanol Pekin LLC’s term lenders to prepare documentation implementing the agreements. Neil Koehler, Pacific Ethanol’s president and CEO, stated, “We […]
In Colorado, Delta’s work to create a sustainable future continues with a long-term offtake agreement under which Delta will purchase 10 million gallons per year of advanced renewable biofuels from Gevo. Sustainable aviation fuels provide significant environmental benefits because the lifecycle carbon footprint can be up to 75 percent less than conventional jet fuel. Delta’s […]
In India, the Economic Times newspaper reports that the as the Food Corporation of India is holding almost twice the minimum stock levels for wheat and rice required, the government is exploring the possible release of grains as feedstock for biofuel, especially to make room for new crop wheat in April. Corn and millets are […]
In China, Bloomberg reports that the country plans to increase agricultural purchases from the US by as much as $50 billion per year, the capacity for which is doubted by some analysts, which includes dropping tariffs on US-origin ethanol to boost those imports. US ethanol exports reached as high as 200 million gallons annually in […]
In South Africa, the Cabinet approved the Biofuels Regulatory Framework, which will give effect to the implementation of the Biofuel Industrial Strategy. The framework provides five areas to be regulated namely: The feedstock Protocol. The protocol mitigates the risk of the biofuels program towards food security. The mandatory blending regulations so as to create certainty […]
In Brazil, Reuters reports that UNICA said part of President Bolsonario’s upcoming visit to India will include discussions on collaboration regarding boosting ethanol production. By boosting production, the country will reduce sugar production which will in turn not only improve air quality in cities plagued by pollution like New Delhi but will also reduce the […]
In Colorado, DMC Biotechnologies has completed additional closings as part of the Company’s Series A funding round which was led by Sofinnova Partners. Boulder Ventures VII L.P. (BV) and SCG have now joined the Series A round bringing the total close to $11.3 million. Current investors Capricorn Partners and Breakthrough Energy Ventures also participated in the […]
In Sweden, in an effort to reduce climate-impacting emissions, the Swedish waste power plant Renova in the district Sävenäs, upgrades its eight start-up and support burners to be able to operate with biofuel instead of fossil oil. Thanks to this adaptation, fossil emissions are reduced by approximately 960 tonnes of CO2 annually. The task of […]
