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Wed, 22 Feb 2012 12:00:24 As President Obama orders a sweeping increase in the USDA’s BioPreferred Program, new research suggests a $80 billion US financial gain that results from domestic fuels and bio-based products over the next 10 years. In Washington, President Obama issued a Presidential Memorandum yesterday directing the Federal Government to take decisive steps to dramatically increase the [...]
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Wed, 22 Feb 2012 11:55:18 In Iowa, ethanol producers averaged 11 cents per gallon in the red in January according to new figures from Iowa State University’s extension service. Ethanol plants paid an average of $6.19 per bushel of corn compared to $3.60 per bushel two years earlier. Operating margins during December, 69 cents in November, 42 cents in October [...]
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Wed, 22 Feb 2012 11:54:32 In Alabama, Arcis Resources has entered into marketing and distribution partnership discussions with Cetna Energy Partners to Cetna’s biofuel product that will be produced at its’ thermochemical biofuels production facilities currently under development in California. As the plan unfolds, the companies anticipate that Cetna will produce over 3.5 million gallons per year of liquid fuels [...]
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Wed, 22 Feb 2012 11:53:18 In Washington state, Alaska Airlines said its decision to use 20% biofuel during its 75-flight biofuel commercialization program was limited to 20% because of lack of supply. With the fuel produced in Louisiana from used cooking oil, refined in Texas and sourced by a broker the Netherlands, the supply chain was very difficult. Beyond that, [...]
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Wed, 22 Feb 2012 11:51:55 In California, Solazyme announced fourth quarter revenues of $14.9 million and a loss of $15.6 million, and total 2011 revenue of $39.0 million and a 2011 loss of $54.0 million. In 2010, the company recorded $38.0 million in revenue including $23.2 million in Q4. The company ended the year with $244 million in cash and [...]
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Wed, 22 Feb 2012 11:50:41 In the UAE, Gargash Enterprises is introducing a shuttle bus service using 11 Mercedes Vito shuttles converted to run on biodiesel to service customers from the Gargash Enterprises workshop in Al Qouz to various locations across Dubai. The move is in line with HH Shaikh Mohammed’s ‘UAE Strategy for Green Development’ campaign. The company says [...]
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Wed, 22 Feb 2012 11:49:49 In Spain, the biofuel section of the National Renewable Energy Producers Association has submitted public comments to the national energy regulator (CNE) in order to help kick-start the country’s biodiesel production in the face of cheap imports. Included in the plan is the introduction of E10 nationwide, which would require the government to drop the [...]
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Wed, 22 Feb 2012 11:49:03 In Italy, Novaol’s biodiesel plant in Livorno is at risk of being mothballed because it can’t compete with cheap biodiesel imports. The facility, 60% owned by France’s Diester and originally developed by Bunge but sold to Novaol in 2001, has reduced its production as far as it can without shutting down, to 70,000 metric tons [...]
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Wed, 22 Feb 2012 11:47:59 In Florida, Green Earth Technologies has unveiled a new line-up of lubricants for the 2012 season, featuring a full line-up of American Petroleum Institute Certified motor oils in various weights and sizes, including Ultimate Biodegradable Bio-based Advanced Full Synthetic, Full Synthetic, Synthetic Blend, Conventional and 2X Refined Motor Oils. This brings GET up from two [...]
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Wed, 22 Feb 2012 11:46:57 Today on Twitter. EPAresearch: To fuel coal-fired power plants @UToledo #EPAp3 team convert animal wastes into manure-based biofuels gomaam: Plant toughness: Key to cracking biofuels? MMMTechLaw: Obama Budget Plan Proposes 29% Increase in Renewable Energy Funding sforsen: OMG – high gas prices? One word: biofuels. Who’s with me?
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