Slowly but surely, an extraordinarily important new industry is slowly taking shape, with the potential to transform the global economy.

After years of existing largely as an environmentalist’s fantasy, commercial production of biofuels for the world civil aviation industry is slowly becoming a fact, with production starting up across three continents.

The leading contenders for biofuel feedstocks are jatropha and camelina, both of which have their fervent supporters. While currently neither is capable of production at a price approaching that of Jet A1 civil aviation fuel derived from hydrocarbons, research and extensive investment are nevertheless investigating the possibilities. Leer más »

Iowa may be the nation’s renewable fuels leader, but Iowans won’t see most of the profits from the state’s biofuel plants.

Out-of-state investors already own a majority of projected ethanol and biodiesel production in Iowa and they’re likely to acquire more.

Though farmers triggered much of the state’s ethanol boom, plants primarily controlled by out-of-state or foreign investors account for at least 57 percent of Iowa’s renewable fuels, an analysis by The Des Moines Sunday Register shows. Leer más »

ShareIn Florida, Biofuels Digest announced that Solazyme, Amyris, Neste Oil, Ceres and Bunge led this years roster of Biofuels Digest Award winners.

The awards, first established in 2008, recognize excellence in the research, development and commercialization of biofuels, renewable chemicals and bio-based products. The awards are voted by the Biofuels Digest editorial board, based on nominations submitted by the Digest’s readership. 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 »

Santo Domingo. – The company Globasol signed an agreement on Monday with TSK-Ingemas, of the Spanish group Globalia, to build Dominican Republic’s first biodiesel  plant, at a cost of 40 million dollars.

The agreement includes the construction of a plant within 14 months in the province Azua (south) to use oil from native varieties of brush such as jatrofa and higuereta, which haven’t any use so far since the oil they produce is toxic. Leer más »

SAO PAULO (Reuters) – Royal Dutch Shell plans to form an ethanol and fuel distribution joint venture worth up to $12 billion with Brazilian sugar and biofuel giant Cosan, becoming the latest global energy company to buy into one of Brazil’s fastest-growing industries.

The deal, announced on Monday, marks Shell’s first foray into ethanol production and follows moves by British oil company BP, which in 2008 took a stake in a big Brazilian biofuel project and unveiled $1 billion in investments.

Cosan shares jumped 12 percent in Sao Paulo, compared with a 1.1 percent gain by the benchmark Bovespa index. Shell shares rose 1.1 percent in London, outperforming a 0.3 percent rise in the Dow Jones European oil and gas index. Leer más »

Soybean, one of the most important global sources of protein and oil, is now the first legume species with a published complete draft genome sequence. Credit: Roy Kaltschmidt, Lawrence Berkeley National Laboratory.

Soybean, one of the most important global sources of protein and oil, is now the first legume species with a published complete draft genome sequence. The sequence and its analysis appear in the January 14 edition of the journal Nature. Leer más »

OLD TOWN, Maine (Reuters) – From the outside, the rustic red-brick mill on a bend in Maine’s Penobscot River resembles any other struggling American pulp and paper mill.

But along with its usual business of pulp-making, the century-old mill is doing something unprecedented: Developing technology to produce bio-butanol, a jet fuel, from parts of trees that would otherwise go to waste, one of the world’s first to do so. Leer más »