(Reuters) – Rising biodiesel production may cut Brazil’s 2011 soyoil exports and Argentina’s soyoil shipments will also be lower than potential, Hamburg-based oilseeds analysts Oil World said on Tuesday.

Brazil, the world’s No. 2 soyoil exporter, may sell only 1.50 million tonnes of soyoil overseas in the 2011 calendar year, down from 1.56 million tonnes in 2010, Oil World forecasts. Leer más »

By Stephan Nielsen – Jun, 2011.BioVerde Industria e Comercio de Biocombustiveis SA, which is building Brazil’s biggest biodiesel refinery, expects to sell 40 percent of its output in Europe by 2015 as an alternative to a saturated domestic market.

BioVerde is in talks to sign its first supply contracts with European fuel distributors, in Italy and Spain, and expects to begin shipments within 90 days, President Ailton Braga Domingues said in a telephone interview. Leer más »

As expected, 2010 proved to be a pivotal year for the U.S. biodiesel industry. With a new federal requirement for use of a targeted level of biodiesel as well as the reinstatement of the federal biodiesel blenders’ tax credit through 2011 now in place, most of the industry should be able to turn its focus back to producing more of this economically beneficial fuel.

The soybean checkoff has been a driving force behind the biodiesel industry from its inception, culminating in 2008, when the industry produced nearly 700 million gallons. In that time, the biodiesel industry became a powerful economic engine. According to a report by consulting firm LECG, LLC, the biodiesel industry supported nearly 52,000 jobs in 2008. Leer más »

ShareIn Washington, President Barack Obama today signed H.R. 4853, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010.

Last night, the US House of Representatives voted by a 277 to 148 margin to approve the Obama tax deal, which extends the ethanol tax credit through 2011, and retroactively extends the biodiesel tax incentive and the renewable diesel incentive through 2011. The bill also renewed the 54-cent tariff on Brazilian ethanol through 2011.

Growth Energy CEO Tom Buis was invited to the signing ceremony for the Tax Relief Unemployment Extension Bill. At the ceremony, Buis presented the President with a letter on behalf of the American ethanol industry and its supporters, thanking him for delivering a common-sense ethanol tax policy. Leer más »

By Erin Voegele/A report recently released by the Australian Government’s Rural Industries Research and Development Corp. investigated the potential for using native and naturalized plant species as feedstock for biodiesel production. The study, “Evaluating Biodiesel Potential of Australian Native and Naturalised Plant Species,” assessed the feasibility of more than 200 potential feedstocks and determined that 20 locally available species have commercial potential. Leer más »

Lisbon, Portugal, 15 Dec – Brazilian oil company Petrobras is intensifying its studies for construction of units to produce biodiesel from palm oil, the company’s director for ethanol from the biodiesel area said.

Cited by Portuguese news agency Lusa, Ricardo Castello Branco said that, “the factory will be installed in one of the refineries of Galp Energia, in Portugal, and the details of the project are being studied, but it will be built in line with the time of delivery of the oil that we are now starting to plant.” Leer más »

Planning Minister Julio De Vido, undertook to update the domestic price of biodiesel that remains frozen from the Ministry of Interior established Comercion Supply Act for the entire marketing chain liquid fuels.

Urgente24 reported 8 / 11 that negotiations were between the producers and the government to unfreeze the internal value of biodiesel derived from soybean (see related). However, the conflict would come to an end for the pressures of the association that brings together workers in the sector.

Biodiesel.com.ar site reported, the update of prices was rushed by a demonstration of the Union of Petroleum private gas and biofuels San Lorenzo, Santa Fe, which warned of the effect of this freeze on jobs. Leer más »

Neste Oil has started production at its biodiesel plant in Singapore, the world’s largest with an annual capacity of 800,000 tons. The plant will produce the NExBTL diesel which, according to the company reduces the carbon emissions by 40 to 80 percent depending on the percentage blending with the conventional diesel.

The biodiesel from the plant can be either blended with the conventional diesel or used directly. The company claims that the biodiesel is compatible with the all the diesel engines currently in use. Neste Oil is building a similar plant in Rotterdam, The Netherlands which should be ready by Q2 2011. Leer más »

A recent political debate between two Iowa congressional candidates has shed light on their respective views of the biodiesel tax credit. During the Oct. 15 event, which was broadcast on Iowa Public Television, incumbent third district Congressman Leonard Boswell (D-Des Moines) spoke out in support of the tax credit while challenger Brad Zaun (R-Urbandale), a member of the state senate, said he would not support reinstatement of the credit. Leer más »

HANOI (Commodity Online) : Vietnam said it has intensified efforts to promote biofuel production in the country under the plan on biofuel development to 2015 with a vision to 2025.

According to country’s energy ministry, Vietnam is focussing on production of ‘green gasoline’ from cassava, coconut, sesame, peanut, flax and jatropha, and from animal products such as catfish fat.

The government has instructed ministries to give incentives for the production and use of biofuel, defined as fuel made from these raw materials. Leer más »