Enerkem Inc. has completed a C$280 million ($222.82 million) investment round—its largest to date. In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing.
Data released by the federal government shows the U.S. added 268 MW of biomass capacity last year, more than double the 110 MW of biomass capacity that was installed in 2016. An additional 890 MW of biomass capacity is proposed to be added by 2021.
Enerkem Inc. has completed a C$280 million ($222.82 million) investment round—its largest to date. In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing.
Novozymes has released 2017 financial results, reporting solid sales growth. Overall, the company achieved 4 percent organic sales growth. In the bioenergy segment, sales grew by 11 percent for the full year and 14 percent during the fourth quarter.
Archer Daniels Midland Co. has released fourth quarter financial results, reporting reduced operating profit for the quarter and full year. Profits in the bioproducts segment, which includes ethanol, were down for the fourth quarter, but up for 2017.
The Renewable Fuels Association and Transcaer are hosting eight ethanol safety seminars in Kentucky this month. The seminars are funded through a Federal Railroad Administration/Transcaer grant, in partnership with the Paducah & Louisville Railway.
Agrisoma Biosciences Inc. and Nuseed confirm they are in discussions to develop a distribution agreement for carinata seed. The announcement follows last week's world first transpacific Qantas Airways flight powered by biojet fuel made from carinata.
Sen. Chuck Grassley, R-Iowa, has released a memo produced by his energy policy staff that finds that RFS blending requirements and the cost of RINs have little to do with the success of refineries and were not factors in the PES bankruptcy.
South America is home to some of the world's largest producers of ethanol and has a long tradition of biofuels consumption. As the region's renewable energy policies evolve, ICM Inc. intends to provide solutions and services for the growing demand.
Government data released Feb. 6 confirms that U.S. ethanol exports set a new record in 2017, with an astonishing 1.37 billion gallons shipped to more than 60 countries around the world. The 2017 export total was up 17 percent from 2016.
UPM is studying biofuels development opportunities by starting an environmental impact assessment (EIA) for a possible biorefinery in Mussalo, Kotka, in south-eastern Finland. The EIA process is expected to take approximately one year.
Canadian pellet producer Pinnacle Renewable Holdings Inc. announced the successful closing of its initial public offering (IPO) and secondary offering of its common shares. The common shares began trading Feb. 6 on the Toronto Stock Exchange.
A recent paper from Harvard University Professor James H. Stock argues that the most direct way of lowering RIN prices is for the U.S. EPA or Congress to provide parity in the regulation of gasoline volatility (RVP) for E10 and E15.
ElectraTherm shipped a Power-plus Generator to Japan to generate fuel-free, emission-free electricity. The Power-plus will utilize the waste heat streams from three reciprocating engines running on biomass.
The California Department of Food and Agriculture has extended the grant application deadline for the Dairy Digester Research and Development Program through Feb. 23. The application period was original set to conclude Jan. 26.
The North American biofuels industry experienced the fewest merger and acquisition (M&A) transactions in recent history in 2017. For the year, just six M&A transactions occurred, with a total estimated value of more than $100 million.
Clean Energy Fuels Corp. recently announced that sales of Redeem, its renewable natural gas (RNG) offering, grew by 32 percent last year, from 60 million gallons in 2016 to 79 million gallons in 2017.
Data released by the U.S. Department of Energy shows that gasoline consumed in 31 states contained more than 10.0 percent ethanol on average in 2016, proving once again that the so-called “E10 blend wall� continues to crumble.
Biogen has expanded its operations into Scotland through the addition of a 1.5 MW anaerobic digestion facility in Millerhill, Edinburgh. The acquisition has been completed by Ancala Partners LLP from Kelda Water Services for an undisclosed sum.
Today, well-known enzyme developer Novozymes launches Drive, the first product from its Innova yeast platform for corn ethanol production.
Corn use for fuel alcohol production reached 487 million bushels in December, up 2 percent from November and up 3 percent when compared to December 2016, according to the USDA's February Grain Crushings and Co-Products Production report.
The USDA Commodity Credit Corp. has withdrawn support for the Farm-to-Fleet biofuel production incentive (BPI), effective Feb 1. BPI payments, however, will continue to be made under existing commitments.
UNICA, the Brazilian sugarcane industry association, has announced increased sales of hydrous ethanol during the first half of January. Total ethanol production for the current season is up slightly when compared to the previous season.
Researchers have found a way to produce a higher quality, more stable fuel from biowaste, such as sewage, that is simpler and cleaner than existing methods. The process simultaneously produces and upgrades bio-oil in one step.
The U.S. Department of Energy's Argonne National Laboratory and the sustainable energy NGO Energy Vision recently released two case studies assessing the results of pioneering projects that were among the first to produce rR-CNG vehicle fuel.
Smoldering fires in wood pellets storages can occur for a number of reasons. Oftentimes, smoldering fires in bulk storage silos can't be fought with water.
Andritz has received an order from Pori Energia, Finland, to deliver an EcoFluid bubbling fluidized bed boiler (BFB) with flue gas cleaning system for an existing biomass power plant at Pori Energia's Aittaluoto facility.
The BP Verenium Biofuels plant in Jennings, Louisiana, is being offered for sale. The 1.4 MMgy demonstration-scale facility celebrated its grand opening in 2008, and was acquired by BP Biofuels North America in mid-2010.
The American Coalition for Ethanol announced the release of the fourth video in its series of fuel marketer-focused videos on the flexfuelforward.com website Jan. 31. The series addresses common marketer questions about E15 and flex fuels.
The BP Verenium Biofuels plant in Jennings, Louisiana, is being offered for sale. The 1.4 MMgy demonstration-scale facility celebrated its grand opening in 2008, and was acquired by BP Biofuels North America in mid-2010.
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