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	<title>BIODIESEL NEWS- BIODIESEL ETHANOL BIODIESEL PLANTS BIOENERGY BIODIESEL JATROPHA BIODIESEL &#187; etanol</title>
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		<title>Biodiesel gains focus at NAIAS</title>
		<link>http://biodiesel-news.com/index.php/2011/01/13/biodiesel-gains-focus-at-naias/</link>
		<comments>http://biodiesel-news.com/index.php/2011/01/13/biodiesel-gains-focus-at-naias/#comments</comments>
		<pubDate>Thu, 13 Jan 2011 16:49:17 +0000</pubDate>
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		<guid isPermaLink="false">http://biodiesel-news.com/?p=809</guid>
		<description><![CDATA[By National Biodiesel Board &#124; January 12, 2011/ NBB CEO Joe Jobe is among the five speakers presenting during the biodiesel symposium at the 2011 North American International Auto Show. National Biodiesel BoardThe North American International Auto Show (NAIAS) in Detroit has long been known as the event of the year for the latest vehicle technologies [...]]]></description>
			<content:encoded><![CDATA[<p><strong>By National Biodiesel Board | January 12, 2011/ NBB CEO Joe Jobe is among the five speakers presenting during the biodiesel symposium at the 2011 North American International Auto Show. </strong></p>
<p><strong>National Biodiesel BoardThe North American International Auto Show (NAIAS) in Detroit has long been known as the event of the year for the latest vehicle technologies and innovations, setting the pace and direction for the world’s economic future. What more fitting venue, then, to also highlight the fuel that will be used increasingly now and in the future to power these vehicles in a cleaner, greener, more sustainable manner: biodiesel—America’s first advanced biofuel.<span id="more-809"></span></strong></p>
<p>The National Biodiesel Board, along with key industry partners from Ford Motor Co. and General Motors, are presenting a Biodiesel Symposium entitled “Biodiesel: Powerful Fuel, Promising Future” at the Detroit auto show on Wed., Jan. 12 from 2:00 – 3:30 p.m. in Cobo Center’s Michigan Hall as part of the NAIAS “Smarter Living In Michigan” Exposition.</p>
<p>“We are extremely pleased to have this opportunity to feature biodiesel as America’s first advanced biofuel to the global automotive industry,” said NBB CEO Joe Jobe “The U.S. Renewable Fuel Standard (RFS2) established realistic goals of supplementing the nation’s fuel supply with advanced biofuels which reduce lifecycle carbon by more than 50 percent. Biodiesel is the first advanced biofuel to reach commercial scale production in North America, and it reduces direct lifecycle carbon by more than 80 percent. Biodiesel is thus very well-positioned to help the nation meet its immediate and long-term advanced biofuel goals.”</p>
<p>Biodiesel is a low cost, domestically produced, renewable advanced biofuel that provides the RFS2 required reductions of greenhouse gases while also reducing oil imports, enhancing energy security, and creating U.S. jobs. The U.S. EPA has issued RFS2 volume requirements for the use of at least 800 million gallons of biomass-based diesel fuel in 2011, for which biodiesel qualifies as an advanced biofuel. That requirement then ramps up to more than 1 billion gallons for 2012 and could reach as high as a 5 billion gallon market for biodiesel by 2022, as it also qualifies under the non-cellulosic advanced biofuel category.</p>
<p>As part of the biodiesel symposium, GM and Ford are presenting information on their new 2011 diesel vehicles, which are all fully approved for use with B20 biodiesel blends. General Motors extends B20 approval to its full diesel line-up, which includes the Chevy Silverado and GMC Sierra pick-ups, as well as the Chevy Express and GMC Savana cargo vans. Ford supports the use of B20 on its full line of 2011 Ford Super Duty diesel trucks.</p>
<p>Jim Michon, truck fleet marketing manager for Ford Motor Co., said, “Many of our fleet customers are very conscious of the environment, and had been asking us for a truck approved for use with B20 biodiesel. In the process of developing our all-new Ford-designed, Ford-built 2011 Super Duty truck, we thoroughly tested B20 in our new engine under the harshest of conditions. B20 proved itself to provide the same fuel economy, power and performance our customers expect of our high performance diesels—there are no trade-offs for using B20”.</p>
<p>According to the Diesel Technology Forum, today’s clean diesel technology provides 20 to 40 percent better fuel economy than its gasoline counterpart, and emits 10 to 20 percent less carbon dioxide. Coleman Jones, biofuels implementation manager for GM, said, “With B20, our customers can enjoy all the benefits of today’s quiet, clean diesel engines and help to meet the country’s goals to reduce carbon emissions at the same time. It’s a win-win situation.” Both Ford and GM plan to continue supporting B20 use in their future diesel models as well, along with many other vehicle and equipment manufacturers.</p>
<p>Over the last 20 years the biodiesel industry has made the necessary investment in research, testing, and standards development to produce a high quality fuel meeting the stringent specifications of the American Society for Testing and Materials, now known as ASTM International.</p>
<p>“The last 20 years of research and development—and the intense commitment to development of ASTM standards, high fuel quality, and the biodiesel industry’s BQ-9000 fuel quality program—are what led us to this designation as America’s first advanced biofuel,” said Steve Howell, technical director for the NBB. “We look forward to powering the clean diesel vehicles of today, and tomorrow, with clean, green, sustainable biodiesel, and we are already engaging in the next frontier of research that will continue to optimize the fuel for use for decades to come.”</p>
<p>Based in Jefferson City, Mo., the National Biodiesel Board is the national trade association of the biodiesel industry and is the coordinating body for biodiesel research and development in the U.S. Its membership is comprised of biodiesel producers, state, national, and international feedstock and feedstock processor organizations, fuel marketers and distributors, and technology providers.</p>
<p>SOURCE: BIODIESEL MAGAZINE</p>
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		<title>OBAMA SIGNS TAX PACT; ETHANOL, BIODIESEL, RENEWABLE DIESEL CREDITS RESTORED</title>
		<link>http://biodiesel-news.com/index.php/2010/12/19/obama-signs-tax-pact-ethanol-biodiesel-renewable-diesel-credits-restored/</link>
		<comments>http://biodiesel-news.com/index.php/2010/12/19/obama-signs-tax-pact-ethanol-biodiesel-renewable-diesel-credits-restored/#comments</comments>
		<pubDate>Sun, 19 Dec 2010 17:55:59 +0000</pubDate>
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		<guid isPermaLink="false">http://biodiesel-news.com/?p=773</guid>
		<description><![CDATA[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 [...]]]></description>
			<content:encoded><![CDATA[<p><strong><a rel="nofollow" href="http://www.biodiesel-news.com/zenphoto/index.php?album=biodiesel&amp;image=OBAMA-BIODIESEL-USA.gif"><img class="ZenphotoPress_thumb ZenphotoPress_right " style="float: right;" title="OBAMA-BIODIESEL-USA" src="http://www.biodiesel-news.com/zenphoto/zp-core/i.php?a=biodiesel&amp;i=OBAMA-BIODIESEL-USA.gif" alt="OBAMA-BIODIESEL-USA" /></a>ShareIn Washington, President Barack Obama today signed H.R. 4853, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010.</strong></p>
<p><strong>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.</strong></p>
<p><strong>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.<span id="more-773"></span></strong></p>
<p>In the letter, he wrote, “Every year, our addiction to foreign oil drains $1,000 for every man, woman and child out of our economy. That is money we should invest in Des Moines, not Abu Dhabi – Columbus, and not Caracas.  …by signing into law a one-year extension of the Volumetric Ethanol Excise Tax Credit, your leadership has set the table for comprehensive, long-term energy policy, including reform of the American transportation fuels market, as proposed by Growth Energy’s Fueling Freedom proposal. Our plan to reform the market would encourage the installation of blender pumps and make every auto sold in the U.S. a Flex Fuel Vehicle, ultimately giving American consumers the power to choose their fuel at the pump, instead of having that choice made for them.”</p>
<p>Joy from US ethanol and biodiesel interests was tempered by a call by UNICA for Brazil to lodge a complaint with the World Trade Organization over the ethanol tariff.</p>
<p>At the same time, Senate Democrats abandoned a plan for a $1.3 trillion omnibus spending bill that would have slashed funds for USDA loan guarantees and would have zeroed out funds for the Biomass Crop Assistance Program established under the 2008 Farm Bill. According to the Associated Press, “The 1,924-page bill collapsed of its own weight after an outcry from conservatives who complained it was stuffed with more than $8 billion in homestate pet projects known as earmarks.”</p>
<p><strong>Reaction from industry included:</strong></p>
<p>Mary Rosenthal, Executive Director, Algal Biomass Organization, said, “Congress’s decision to extend the incentives for the production and use of domestic renewable fuels is an essential step for the development of America’s biofuels industry. While long overdue, the extension of these important programs sends a strong signal of support for the importance of renewable, domestic fuels to our energy security, economy and environment.”</p>
<p>Joe Jobe, CEO, National Biodiesel Board, added, “Experience has shown that the biodiesel tax incentive is an effective tool to encourage the displacement of foreign petroleum with a superior, domestically produced Advanced Biofuel. Reinstatement of this proven incentive helps provide the policy framework needed to meet the nation’s renewable goals, and the NBB sincerely appreciates the bipartisan cooperation and support that made extension of this worthwhile incentive possible.</p>
<p>Randy Olson, Executive Director of the Iowa Biodiesel Board, added, “We are extremely pleased that the biodiesel tax credit extension has now been passed with strong bipartisan support in both the Senate and the House. Biodiesel has long been a bright spot in our state’s economy, supporting green jobs and generating economic activity on the farm and beyond. It’s also a vital component of our national energy security. Iowa’s biodiesel producers are looking forward to ramping back up to full-scale production of America’s first Advanced Biofuel and bringing jobs back to Iowa while helping our nation meet its commitment to Renewable Fuels.”</p>
<p>SOURCE: BIOFUELS DIGEST</p>
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		<title>Vilsack urges continuation of biodiesel, ethanol tax credits</title>
		<link>http://biodiesel-news.com/index.php/2010/10/26/vilsack-urges-continuation-of-biodiesel-ethanol-tax-credits/</link>
		<comments>http://biodiesel-news.com/index.php/2010/10/26/vilsack-urges-continuation-of-biodiesel-ethanol-tax-credits/#comments</comments>
		<pubDate>Tue, 26 Oct 2010 18:46:01 +0000</pubDate>
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		<guid isPermaLink="false">http://biodiesel-news.com/?p=707</guid>
		<description><![CDATA[WASHINGTON — Agriculture Secretary Tom Vilsack on Oct. 21 urged Congress to reinstate the biodiesel tax credit and extend the ethanol tax credit. By: Jerry Hagstrom, Special to Agweek. Vilsack also announced a range of federal assistance for renewable energy development through the Biomass Crop Assistance Program established in the 2008 farm bill. “Domestic production [...]]]></description>
			<content:encoded><![CDATA[<p><strong>WASHINGTON — Agriculture Secretary Tom Vilsack on Oct. 21 urged Congress to reinstate the biodiesel tax credit and extend the ethanol tax credit. By: Jerry Hagstrom, Special to Agweek.</strong></p>
<p><strong>Vilsack also announced a range of federal assistance for renewable energy development through the Biomass Crop Assistance Program established in the 2008 farm bill.<span id="more-707"></span></strong></p>
<p>“Domestic production of renewable energy, including biofuels, is a national imperative, and that’s why USDA is working to assist in developing a bio-fuels industry in every corner of the nation,” Vilsack said in a speech at the National Press Club. “By producing more biofuels in America, we will create jobs, combat global warming, replace our dependence on foreign oil and build a stronger foundation for the 21st-century economy.”</p>
<p>Vilsack’s statements on the tax credit appeared to reflect recent discussions between the ethanol industry and White House Chief of Staff Pete Rouse about changes to the ethanol tax credit and protective tariff, both of which expire at the end of the year.</p>
<p>Vilsack said the lapse in the biodiesel tax credit has caused a loss of 12,000 jobs. He also called for “a short term extension” of the ethanol tax credit, but declined to answer questions about proposals to lower the credit, saying that a “healthy discussion” about changes is taking place. Vilsack did not list an extension of the tariff in his formal remarks, but said in response to a question, “The tariff is likely to continue, but over time it is likely to be phased out.”</p>
<p>Vilsack said the ethanol tax credit still is needed because it is a relatively new industry that requires more investment.</p>
<p>Joel Velasco, the Washington representative of UNICA, the Brazilian Sugarcane Industry Association, said the U.S. corn-based ethanol industry is mature and does not need the tax credit or the tariff.</p>
<p><strong>A growing market</strong></p>
<p>But Matt Hartwig of the Renewable Fuels Association said the industry still is in the development stage and needs the credit. Hartwig said the tariff only is to cover the value of the credit and should be extended at whatever level the credit is extended.</p>
<p>The final rule for the Biomass Crop Assistance Program will be published in the Federal Register Oct. 22, and Vilsack emphasized Oct. 21 that the programs under it were funded in the 2008 farm bill and do not require further congressional action.</p>
<p>The programs include reimbursements to farmers of up to 75 percent of the cost of establishing a bioenergy perennial crop for up to five years for grassy crops and up to 15 years for woody crops and assistance for the collection, harvest, storage and transportation of biomass to biomass conversion facilities for two years. He also said USDA will help pay for construction of 10,000 blender pumps and storage systems to make renewable fuels more easily available to consumers.</p>
<p>Vilsack noted the opening of regional biomass research centers to accelerate the development of a commercial advanced biofuels industry. The centers will be located in Madison, Wis., Lincoln, Neb., and in Alabama, Georgia, Arizona, Washington state and Oregon.</p>
<p>He said USDA’s rural development division will announce assistance to biorefinery plant projects within 60 days and that USDA is trying to figure out whether it can make changes to its federal loan guarantee programs to make them more attractive to investors.</p>
<p>Vilsack said, however, that changes to the loan guarantees will depend on whether “we have the capacity to do that” and also noted that changes would have budget consequences.</p>
<p>Throughout his speech, Vilsack emphasized the importance of renewable fuels to the long-term vitality and job creation potential in rural America. Noting that rural America has experienced population decline and higher poverty levels than urban areas, Vilsack said “President Obama refuses to accept the notion that America’s rural past predicts its future.”</p>
<p>Tags: agribusiness, crops, biofuels, agriculture, farm</p>
<p>SOURCE: AGWEEK</p>
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		<title>THE NEW IMPERIUM, A MAJOR PLAYER IN BIODIESEL 1.5 AIMS FOR BIOFUELS 2.0</title>
		<link>http://biodiesel-news.com/index.php/2010/08/03/the-new-imperium-a-major-player-in-biodiesel-1-5-aims-for-biofuels-2-0/</link>
		<comments>http://biodiesel-news.com/index.php/2010/08/03/the-new-imperium-a-major-player-in-biodiesel-1-5-aims-for-biofuels-2-0/#comments</comments>
		<pubDate>Tue, 03 Aug 2010 17:00:29 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://biodiesel-news.com/?p=612</guid>
		<description><![CDATA[The 100 Mgy Imperium Renewables  facility in Grays Harbor, Washington. Back in 2008 the death watch began on Imperium Renewables. Though its 100 Mgy multi-feedstock plant in Grays Harbor was, at the time, the largest and most modern biodiesel facility in the US, the company lost its CEO, withdrew a planned IPO, and was forced to [...]]]></description>
			<content:encoded><![CDATA[<p><strong><a rel="nofollow" href="http://www.biodiesel-news.com/zenphoto/index.php?album=biodiesel&amp;image=BIODIESEL-GIANT-BIOFUELS.gif"><img class="ZenphotoPress_thumb ZenphotoPress_right " style="float: right;" title="BIODIESEL-GIANT-BIOFUELS" src="http://www.biodiesel-news.com/zenphoto/zp-core/i.php?a=biodiesel&amp;i=BIODIESEL-GIANT-BIOFUELS.gif" alt="BIODIESEL-GIANT-BIOFUELS" /></a>The 100 Mgy Imperium Renewables  facility in Grays Harbor, Washington.</strong></p>
<p><strong>Back in 2008 the death watch began on Imperium Renewables.</strong></p>
<p><strong>Though its 100 Mgy multi-feedstock plant in Grays Harbor was, at the time, the largest and most modern biodiesel facility in the US, the company lost its CEO, withdrew a planned IPO, and was forced to cancel a potentially lucrative Hawaiian development project that would have supplied biodiesel to Hawaiian Electric (HECO).<span id="more-612"></span></strong></p>
<p>By August 2008, Royal Caribbean had pulled out of an 18 million gallon annual contract and sold off its investment in the plant, and even the city of Seattle canceled a planned biodiesel contract, citing the rising cost of biodiesel fuel.</p>
<p>Company founder John Plaza, late of Seattle Biofuels, stepped back in as CEO as biodiesel plants began to shutter all across the country in the face of static fuel prices, rising feedstock prices (especially for soy), and ultimately the loss (or near-loss) of a precious $1.00 per gallons biodiesel tax credit that had helped subsidize the cost of biodiesel when it began to exceed the cost of diesel.</p>
<p><strong>2008: How Low Could it Go?</strong></p>
<p>As if the conditions for biodiesel weren’t bad enough across the country, the mood in Seattle was perhaps even more sour. Even downstream alternative fuels marketer Propel Biofuels re-established its corporate HQ in California as individual protesters began to surface outside of biodiesel stations, and local eco-publishers like Grist began to run increasingly negative articles about the bio side of the alternative energy movement.</p>
<p>The producers of the “Fields of Fuel” documentary, which won an Audience Award at the Sundance Film Festival, and a standing ovation from the alt-film crowd for its vision of a crop-based solution to global energy woes, hastily re-named itself “FUEL” and took on a more algae-centric view.</p>
<p><strong>The resurrection of a biodiesel giant</strong></p>
<p>“I’m not dead yet,” proclaims a decidedly uncooperative corpse in Monty Python and the Holy Grail, and as with Mark Twain, reports of Imperium’s impending demise were somewhat exaggerated.</p>
<p>Today, what was expected to become one of the first major casualties of the biodiesel crisis of 2008-10 has emerged as one of its leading survivors, and John Plaza, then as now, remains one of the biofuels industries most outspoken and astute observers.</p>
<p>“Relative to the industry this year, we have avoided layoffs, and we’re enjoying our niche market – serving the Canadian marketplace,” Plaza says. “There’s additional demand because of the Low Carbon Fuel Standard in BC. Our customers have come to recognize that we produce the lowest cost, highest carbon reduction fuel.”</p>
<p>As far as prospects in the US, Plaza is sanguine. “There’s been a lengthy delay in any impact from the launch of RFS2. We’re seen more RIN trading than demand for fuel from obligated parties, so far. They are buying RINs from a huge backlog available.”</p>
<p>Nevertheless, Imperium is looking up these days, rather than being hunkered down. “We’re pretty bullish for demand for Imperium’s, We’re not producing on a continuous basis, but we have been producing on monthly campaign basis within 24 hours of receiving oil. At many points we are at or near 100 percent capacity, and for the first quarter we were overall at near half our capacity.”</p>
<p><strong>The tax credit – never say die</strong></p>
<p>“The tax credit still has some legs,” Plaza contends. There’s a discourse this week around the extenders package, and we’ll have one more chance after Labor Day. I’m 55 percent optimistic, 45 pessimistic.”</p>
<p>“But we have to see changes. What the industry needs is a two-fold support, a mnadted floor, and incentives with tax policy to get the outcomes we’re trying for. That’s where a Low Carbon Fuel Standard comes in, with a focus on a reduction in carbon emissions, that would reward the best behavior.”</p>
<p><strong>The ethanol tax situation</strong></p>
<p>“The frustrating part of the debate,” Plaza contends, “is that we’ve been subsidizing corn since I’ve been alive. Ethanol came about because of excess corn. The goals were right – rural development, price stabilization, but the policy drivers were wrong, and gave us this monoculture producing excess cheap food which was primarily used for cheap feed.”</p>
<p>Corn support going away? “Absolutely not, I don;t see them dismantling the whole system. And frankly, if ethanol policy [inadvertently] creates a few rich farmers in the Midwest, so what? I’d much rather have rich farmer than a rich Chavez.”</p>
<p><strong>Sustainability</strong></p>
<p>“The Low Carbon Fuel Standard is the biggest issue,”Plaza comments, “and we need sustainabiliuty criteria, and we need to understand what we are truly measuring against. Wd have to have a frame of reference that looks at the marginal production of fossil fuels, which we obtain from Canadian tar sands, and we need a fair standard based on fair data. The Roundtable on Sustainable Biofuels is developing some baseline assumptions, and will measure the inputs and have it audited. Their approach is to have an average for all of biodiesel, and then if you want to get an individual score for a facility, you can pursue that.”</p>
<p>“The California Air Resources Board (CARB) got it all wrong. It’s a complete and utter disaster, with utopian requirements to meet standards that will just kill off first generation fuels in California and you never get to the second generation.”</p>
<p>[Editor's note. No new commercial-scale or demonstration-scale advanced biofuels project has been announced in California since the completion of the California Low Carbon Fuel Standard.]</p>
<p>“RSB needs to be taken seriously, by the Europeans, the obligated parties, and needs needs to be valid organization. It does feel at times like middle school kids finding out how to get along, but when the European Biodiesel Board and eBIO pulled out of RSB, it was a petty and foolish move by some petty and foolish guys.”</p>
<p><strong>Biodiesel consolidation</strong></p>
<p>Biodiesel has been undergoing some consolidation in recent months, primarily with REG on the move, acquiring new capacity. Imperium has stayed away.</p>
<p>“There are very few facilities we like – with the large scale, high quality, and logistics similar to what we have. For us, consolidation is not best strategy for our shareholders. Our focus has always been on innovation and market opportunity, based on most efficient and highest value. We try to be differentiated enough to be biodiesel 1.5, with, for example, our emphasis on a multi-feedstock approach.”</p>
<p><strong>Imperium’s own expansion plans</strong></p>
<p>In the Digest, we have been extensively covering in recent months the opportunities for expansion based on existing first-generation capacity in the ethanol side of the market, with a special reports on biobutanol as well as covering cellulosic biofuels bolt-on capacity such as POET is building in Emmetsburg, IA with Project LIBERTY.</p>
<p>What’s opportunities are there for similar expansion, using the existing capacity of biodiesel facilities, their feedstocks acquisition logistics, rail lines, storage facilities, and industry knowledge?</p>
<p>“We like drop-in replacement fuels,” says Plaza, “that use our existing feedstock and agricultural waste. We see real opportunities with hydrocarbon replacement in the distillate markets, and we are focused on what we see as tremenodus opportunities with aviation and military markets. It’s so much about feedstock, and we feel that we have the existing ag wastes, and forest resources, and we have the knowledge in how to efficiently invest in technology.</p>
<p>“We’ve been doing more working than talking, but what we’re working on is a next generation, integrated biorefinery that makes 12 products, inclusive of jet fuel and high value chemicals. [At Grays Harbor], we’ve got the state of art biofuel facility, plenty of land around it. We’re focus on building right at home for now. We like that market.”</p>
<p>SOURCE: BIOFUELS DIGEST</p>
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		<title>Bioenergy, Shell in u$s 12 billion ethanol deal with Brazil´s Cosan</title>
		<link>http://biodiesel-news.com/index.php/2010/02/01/bioenergy-shell-in-us-12-billion-ethanol-deal-with-brazils-cosan/</link>
		<comments>http://biodiesel-news.com/index.php/2010/02/01/bioenergy-shell-in-us-12-billion-ethanol-deal-with-brazils-cosan/#comments</comments>
		<pubDate>Mon, 01 Feb 2010 20:37:59 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://biodiesel-news.com/?p=386</guid>
		<description><![CDATA[SAO PAULO (Reuters) &#8211; 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&#8217;s fastest-growing industries. The deal, announced on Monday, marks Shell&#8217;s first foray into ethanol production [...]]]></description>
			<content:encoded><![CDATA[<p><strong><a rel="nofollow" href="http://www.biodiesel-news.com/zenphoto/index.php?album=biodiesel&amp;image=etanol-shell-cosan.gif"><img class="ZenphotoPress_thumb ZenphotoPress_right " style="float: right;" title="etanol-shell-cosan" src="http://www.biodiesel-news.com/zenphoto/zp-core/i.php?a=biodiesel&amp;i=etanol-shell-cosan.gif" alt="etanol-shell-cosan" /></a>SAO PAULO (Reuters) &#8211; 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&#8217;s fastest-growing industries.</strong></p>
<p><strong>The deal, announced on Monday, marks Shell&#8217;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.</strong></p>
<p><strong>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.<span id="more-386"></span></strong></p>
<p>&#8220;It&#8217;s a vote of confidence from an oil major for the Brazilian ethanol industry,&#8221; said Jonathan Kingsman, managing director of the Lausanne-based Kingsman SA ethanol and sugar consultancy. &#8220;I expect more interest from the oil companies in Brazilian ethanol, both in production and distribution.&#8221;</p>
<p>The 50-50 joint venture will be the third-largest fuel distributor in Latin America&#8217;s largest country, with almost 4,500 filling stations nationwide. By joining forces, Cosan and Shell will be better positioned to compete with the two top players in the market, state oil giant Petrobras and Ipiranga, a unit of Brazil&#8217;s Grupo Ultra.</p>
<p>Cosan first branched out into the fuel distribution business in 2008 when it acquired U.S.-based Exxon Mobil Corp&#8217;s Esso chain of service stations for nearly $1 billion. Cosan also agreed in December to buy a local chain of filling stations called Petrosul for an undisclosed sum.</p>
<p>While the deal will not immediately add to Cosan&#8217;s existing cane crushing capacity of about 60 million tonnes a year, it will give it a deep-pocketed partner at a time when some of its smaller rivals are vulnerable to takeovers.</p>
<p>The companies hope to more than double ethanol output to up to 5 billion liters a year from about 2 billion now, Shell&#8217;s downstream director, Mark Williams, said in London, without giving a time frame. The increase would come from takeovers and organic growth, he added.</p>
<p>The deal is another feather in the cap of Cosan Chairman Rubens Ometto, whose family has been in the sugar business since 1936. On Ometto&#8217;s watch, Cosan went on an acquisition spree and expanded into fuel distribution and port terminals.</p>
<p>Ometto hopes to capitalize on Shell&#8217;s global clout to make ethanol a widely traded commodity.</p>
<p>&#8220;Brazil&#8217;s aim is to become an ethanol exporter. Shell has distribution facilities throughout the world that we could use in a much more integrated way,&#8221; Ometto said in Sao Paulo.</p>
<p>&#8220;This step will be very important to consolidate ethanol as a clean and renewable fuel &#8230; and help it become a global commodity.&#8221;</p>
<p>Oil companies and major global investors have been searching for partnerships in Brazil&#8217;s promising ethanol sector, which is still largely dominated by family companies with complex ownership structures.</p>
<p>Shell has been looking for opportunities in Brazil&#8217;s ethanol industry for years. About 90 percent of all new cars in Brazil are flex-fuel, running on any mix of ethanol and gasoline, making the country a huge market for biofuels.</p>
<p>Other foreign companies have also been delving into Brazil. U.S. agribusiness giant Bunge Ltd struck a deal in December to buy sugar and ethanol producer Moema for $452 million, while French commodities company Louis Dreyfus said in October it would take over the Santelisa Vale mill for an undisclosed sum.</p>
<p><strong>COSAN EYES OVERSEAS MARKETS, TECHNOLOGY</strong></p>
<p>The combined entity will have about 40 billion reais ($21.4 billion) in annual sales, Cosan Chief Financial Officer Marcelo Martins said on a conference call with analysts and investors.</p>
<p>For Cosan, the world&#8217;s largest sugar and ethanol producer, teaming up with Shell could give it access to a vast overseas distribution network and new technologies in ethanol production, an area where Shell has been investing. Shell&#8217;s network may help Cosan export more ethanol as output grows.</p>
<p>&#8220;We&#8217;ll have a partner with an absolutely huge international presence in fuels sales,&#8221; Martins said.</p>
<p>The so-called second-generation in ethanol production has yet to reach commercial scale, but some companies are betting on the use of cellulosic material such as bagasse or cane stalks and grasses to make biofuels, in part to move away from making fuel from foodstuffs.</p>
<p>Cosan, which recently obtained a court injunction to remove its name from a government black list of companies with workers in slave-like conditions, said it had 180 days to discuss the nonbinding memorandum of understanding exclusively with Shell International Petroleum Co Ltd.</p>
<p>As part of the transaction, Cosan will transfer its sugar, ethanol, fuel distribution and energy generation business to the merged entity, with assets valued at $4.93 billion and debt of $2.52 billion.</p>
<p>Shell will contribute its retail fuel and aviation distribution business, valued at up to $3 billion, and inject $1.63 billion into the merged company in up to two years.</p>
<p>Brazilian investment bank BTG Pactual advised Cosan on the transaction, while JPMorgan Chase advised Shell.</p>
<p>Cosan and Shell will have the option of buying each other&#8217;s stake in the venture after 10 years, with the price to be determined at the time of purchase.</p>
<p>Earlier on Monday, Cosan released its quarterly earnings for the three months ended December 31. It posted net income of 167.1 million reais, up sharply from 5.2 million reais a year earlier. ($1=1.87 reais)</p>
<p>Reporting by Elzio Barreto and Inae Riveras; additional reporting by Reese Ewing in Sao Paulo and David Brough, Nigel Hunt and Tom Bergin in London; editing by Todd Benson, Dave Zimmerman and John Wallace.</p>
<p>Source:  Reuters</p>
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		<title>IDB releases new version of Biofuels Sustainability Scorecard</title>
		<link>http://biodiesel-news.com/index.php/2009/09/16/idb-releases-new-version-of-biofuels-sustainability-scorecard/</link>
		<comments>http://biodiesel-news.com/index.php/2009/09/16/idb-releases-new-version-of-biofuels-sustainability-scorecard/#comments</comments>
		<pubDate>Wed, 16 Sep 2009 19:51:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://biodiesel-news.com/?p=359</guid>
		<description><![CDATA[Update incorporates feedback from five regional consultations and addresses concerns regarding food security, indigenous peoples and biodiversity preservation. The Inter-American Development Bank has released a new version of its Biofuels Sustainability Scorecard, which will enable users to better anticipate the impacts of potential biofuel projects on sensitive issues such as indigenous rights, carbon emissions from [...]]]></description>
			<content:encoded><![CDATA[<p><strong><img class="aligncenter size-full wp-image-360" title="biodiesel-bid-biofuels" src="http://biodiesel-news.com/wp-content/uploads/2009/09/biodiesel-bid-biofuels.jpg" alt="biodiesel-bid-biofuels" width="388" height="310" /></strong></p>
<p><strong>Update incorporates feedback from five regional consultations and addresses concerns regarding food security, indigenous peoples and biodiversity preservation.</strong></p>
<p><strong>The Inter-American Development Bank has released a new version of its Biofuels Sustainability Scorecard, which will enable users to better anticipate the impacts of potential biofuel projects on sensitive issues such as indigenous rights, carbon emissions from land use change, and food security.</strong> <span id="more-359"></span></p>
<p>The first version of the Scorecard, an interactive, web-based tool that was released a year ago, addressed 23 key variables including greenhouse gas emissions, water management, biodiversity and poverty reduction. The IDB subsequently held five regional meetings to solicit feedback on the Scorecard and began collecting and reviewing hundreds of comments and suggestions submitted by outside experts.</p>
<p>As a result, the updated version of the Scorecard includes new categories to more thoroughly capture the environmental and social dimensions of biofuels investments. Specifically, there are six new social categories that address issues relating to indigenous people, local grower arrangements and impacts on food security, among others.</p>
<p>“This new version of the Biofuels Sustainability Scorecard reflects the wisdom and experience of a wide spectrum of experts in academia, NGOs, multilateral institutions and the investment community,” said IDB President Luis Alberto Moreno. “Biofuels continue to be a compelling energy alternative for many Latin American and Caribbean countries, but it is essential to understand the full lifecycle impacts of a project first. This Scorecard now offers an even more effective way to ensure that proposed biofuel projects are truly sustainable.”</p>
<p>The new version of the Scorecard includes a spatial analysis tool that enables users to quickly access existing Geographic Information System (GIS) data regarding areas for biodiversity preservation. Future versions will add data layers to show the spatial dimensions of categories including water scarcity, cultural sites and high carbon sequestration areas, among others.</p>
<p>User feedback. The new Scorecard also benefitted from the criticisms and suggestions of investors who used the original version. These included the financial backers of Biobahia Oil, a large biofuel complex planned for Northeastern Brazil.</p>
<p>Euroventures, the company behind the project, was finding it difficult to determine the full social and environmental impacts of this ambitious project, which aims to cultivate some 30,000 hectares of land and produce 200,000 tons of biodiesel per year. So Adrian Calvert, in charge of investors’ relations at the company, sought technical assistance for a feasibility study from the IDB’s Sustainable Energy and Climate Change Initiative.</p>
<p>In agreeing to help, IDB experts urged the Biobahia team to run their project through the Scorecard.</p>
<p>&#8220;In an increasingly competitive biofuels industry, sustainability has become the key issue in ensuring access to global markets,” said Guillaume Sagez, managing partner of Euroventures. “The IDB Biofuels Sustainability Scorecard has helped us to think through our project plans and find out how we can adopt certain practices to achieve a higher degree of environmental and social sustainability.&#8221;</p>
<p>Among other things, Sagez said the Scorecard showed his project team that they would need to look more closely at the carbon emissions that would result from proposed land use changes in the project, along with nitrogen oxide emissions that can be expected from cultivation and fertilizer application.</p>
<p>After using the Scorecard, the Biobahia team suggested improvements to the tool that have now made their way into a new version. Going forward, the IDB plans to continue soliciting input on ways to strengthen the Scorecard. The Bank is part of the Global Bioenergy Partnership and the Roundtable on Sustainable Biofuels, both global efforts to develop sustainability criteria for biofuels, and IDB specialists will coordinate with the Food and Agriculture Organization to improve the Scorecard over the next year.</p>
<p>Source: Iadb</p>
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		<title>A Biodiesel Primer: Market &amp; Public Policy Developments, Quality, Standards &amp; Handling</title>
		<link>http://biodiesel-news.com/index.php/2006/03/17/a-biodiesel-primer-market-public-policy-developments-quality-standards-handling/</link>
		<comments>http://biodiesel-news.com/index.php/2006/03/17/a-biodiesel-primer-market-public-policy-developments-quality-standards-handling/#comments</comments>
		<pubDate>Fri, 17 Mar 2006 21:59:59 +0000</pubDate>
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		<description><![CDATA[Prepared by Methanol Institute and International Fuel Quality Center ( Download PDF )]]></description>
			<content:encoded><![CDATA[<p>Prepared by Methanol Institute and International Fuel Quality Center ( <a rel="nofollow" href="http://www.biodiesel.com.ar/download/Bio_Info.pdf" target="_blank">Download PDF</a> )</p>
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