16 January, 2012
Comment on this post Posted by Cindy Zimmerman/During a visit to highlight renewable energy use by the U.S. Navy at Pearl Harbor, Agriculture Secretary Tom Vilsack also spotlighted the Hawaii-based biodiesel producer that supplies much of the fuel used there.
Pacific Biodiesel “is the oldest biodiesel producer and refinery in the country, started in 1996,” said Vilsack during his remarks on Tuesday at the memorial, noting that USDA has provided assistance to help that company grow. “We provided recently a $5 million business and industry loan to Pacific Biodiesel to allow it to continue to expand its capacity.” Read more »
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3 January, 2012
INDIA/Tuesday, January 03, 2012, 02:50 (GMT + 9)/Developer of joint venture partnerships for algae production for biodiesel and commercial fish food World Health Energy Holdings, Inc (WHEN) has announced the signing of a letter of intent with industrial and transport company Prime Inc to develop a biodiesel production facility ramping up to 250 ac with a budget of up to USD 100 million. Read more »
| » | More: , algae biodiesel, BIODIESEL INDIA, BIODIESEL MARKET, BIODIESEL MARKETS, INDIA BIODIESEL, jatropha, palm-oil, RAPESEED
3 January, 2012
By Erin Voegele | January 03, 2012/The American Soybean Association recently published a list of key accomplishments it achieved in 2011, including several related to the biodiesel industry. “Record U.S. soybean production and export values and record biodiesel production were clear indicators of the benefit of ASA’s long-term efforts to increase both domestic and international market demand,” said ASA Chairman and past president Alan Kemper.”While we are proud of our work, this is aIt shared record of accomplishment that was made possible by the work of ASA, our state affiliates, the soybean checkoff at both the national and state levels, and our industry partners.” Read more »
| » | More: , AMERICAN SOYBEAN, ASA, biodiesel, BIODIESEL TAX
3 January, 2012
By Bryan Sims | January 03, 2012/Israel-based Evogene Ltd. has launched a wholly owned subsidiary, Evofuel Ltd., to accelerate the development and commercialization of castor bean varieties in Brazil for biodiesel and biojet fuel production, as well as to expand biofuel research and development activities located in Israel.
According to a statement released by Evogene, the impetus behind establishing the subsidiary is due to the need for diversifying feedstock supply to fulfill worldwide demand of biodiesel, which currently relies mainly on edible oils such as soybeans and canola. Read more »
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30 November, 2011
The U.S. biodiesel industry has set a new annual production record, producing more than 802 million gallons of biodiesel in plants from Florida to Iowa to Washington state.
This year’s efforts more than doubled last year’s production of about 315 million gallons and breaking the previous record of about 690 million gallons set in 2009. The new record comes after a federal tax incentive for biodiesel was reinstated earlier this year. Read more »
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16 November, 2011
HAMBURG (Reuters) – A number of European biodiesel refiners are likely to go under, and the EU will be under pressure to erect barriers to imports in the coming year as low demand in Europe for the green fuel combines with stiff competition from abroad.
“Many biodiesel companies are already in a critical situation, and there is a risk that this will be transformed into companies closing in the next months,” said Raffaello Garofalo, secretary general of the European biodiesel industry association EBB. Read more »
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18 October, 2011
By Rachel Graham, Oct. 18 (Bloomberg) — European Union biodiesel production may fall for the first time in 2011 as Argentina and Indonesia increased exports to the region, an industry association said. Read more »
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29 September, 2011
By Rod Nickel WINNIPEG, Manitoba (Reuters)/The U.S. Environmental Protection Agency approved the use of Canadian crops such as canola and corn in U.S. biofuels on Thursday, a move that lifted Canadian canola prices and may help the U.S. meet its ambitious targets for biofuels.
The EPA’s designation of Canadian crops as a renewable biomass will allow U.S. biofuel makers to collect tax credits for using them, said Canola Council of Canada president JoAnne Buth.
“I suspect we will see more canola moving into the U.S. now,” Buth said in an interview. Read more »
| » | More: , biodiesel, BIODIESEL CROP, BIODIESEL CROPS, BIODIESEL FUEL, BIODIESEL PRICE, biodiesel-plant
29 September, 2011
By Nigel Hunt and Ikuko Kurahone.LONDON | Thu Sep 29, 2011 3:30pm BST
LONDON (Reuters) – Major British independent oil firm Greenergy sees its future as an exploration company, but one that hunts for fuel in piles of stale pork pies and cakes rather than under the ground or from food crops.
The refined oil product wholesaler is still investing in the embattled European Union biodiesel sector, aiming to utilise ever more challenging waste products after abandoning, at least for now, the widely criticised use of virgin vegetable oils. Read more »
| » | More: , biodiesel, BIODIESEL SECTOR, green-energy, vegetable-oil
20 September, 2011
EVANSVILLE, Ind., Sep, 2011 (BUSINESS WIRE) — Imperial Petroleum, Inc. (otcqx:IPMN) announced today that its wholly-owned subsidiary, e-Biofuels, LLC, produced and sold approximately 26 million gallons of transportation biodiesel in the Company’s most recent fiscal year ending July 31, 2011 resulting in revenues of approximately $106 million.
Jeffrey T. Wilson, President of Imperial said, “We’re very excited about the Company’s growth prospects. As a result of the turnaround of the biodiesel operations and robust demand for the product created by the RFS2 (Renewable Fuel Standard) our Company is set to experience built-in revenue growth for fiscal 2012 based on a full year of operation at plant capacity. At the Middletown, Indiana facility’s current production rates, the Company is on pace to produce in excess of 34 million gallons of fuel in fiscal 2012 or an annual increase of about 30%. Read more »
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