The U.S. Energy Information Administration has released its December Short Term Energy Outlook, showing that ethanol production is expected to remain near current levels through mid-2013, but will return to pre-drought levels by the end of the year.
Propel Fuels has closed on the initial phase of its Series D round of funding with $11 million in equity capital from existing investors and $10 million in debt financing from CapX Partners. The funding will allow Propel to accelerate expansion.
On Dec. 7, the Oregon Environmental Quality Commission elected to begin implementation of the state's Clean Fuels Program. A spokeswoman for the Oregon DEQ confirmed the commission voted four to one to implement the proposed rules for phase one.
On Dec. 7, the Oregon Environmental Quality Commission elected to begin implementation of the state's Clean Fuels Program. A spokeswoman for the Oregon DEQ confirmed the commission voted four to one to implement the the proposed rules for phase one.
Although ePURE, the European Producers Union of Renewable Ethanol, is happy with the direction things are going with the anti-dumping investigation against imported U.S. ethanol, it isn't commenting specifically on whether duties will be imposed.
Flint Hills Resources LLC announced Dec. 7 that it finalized the acquisition of a 115 MMgy Fairmont, Neb., ethanol plant, formerly owned by Advanced BioEnergy LLC. The purchase brings Flint Hills total production capacity to 550 MMgy.
The EU announced it will not oppose a European Commission decision to terminate the anti-subsidy proceeding concerning imports of U.S. ethanol and to terminate the registration of U.S. ethanol importers. An anti-dumping investigation is ongoing.
A Savannah, Ga., export terminal once used for the export of the paper industry product kaolin clay, will now give Enova Wood Pellet Group LLC a 1.35 million metric ton per year wood pellet export capacity at a single port.
Funded by a $650,000 grant by the U.S. DOE Office of Biomass Program, Adeniyi Lawal of Stevens Institute of Technology will be leading a team investigating microalgae as a biomass fuel source.
Delta BioRenewables LLC has announced that its collaboration partner Commonwealth Agri-Energy LLC has successfully produced ethanol from sweet sorghum sugars at its corn ethanol facility in Hopkinsville, Ky. using Ceres Inc.'s sweet sorghum hybrid.
The government of Nova Scotia has sold a 30 MW biomass-fired cogeneration facility to Emera Inc. for $25 million. The Brooklyn Energy facility was recently purchased by the government as a part of a larger deal with Resolute Forest Products.
Georgia Gov. Nathan Deal has announced that Dublin-based Green Power Solutions will open a power plant at an existing paper mill in Laurens County, creating 35 permanent jobs with an initial capital investment of $95 million.
Markets shape ethanol production, Nathan Kauffman, an economist with the Federal Reserve Bank of Kansas City, argues in the most recent issue of the Main Street Economist. The analysis addresses mandates, the blend wall, and waiver requests.
The USDA made no changes to its supply and demand projections for coarse grains in the U.S., including corn, in this month's supply/demand report, shifting its focus to global projections that indicate the global supply will be up by 7 million tons.
The World Bioenergy Association released a new biomass fact sheet at the United Nations Climate Change Conference in December. The document asserts that theories on carbon debt and "payback time" of biomass are not credible.
Ethanol myth busting
December 10, 2012
Ethanol has a powerful defender in Bobby Likis. For 21 years, he's hosted a car-talk program, plus he's run an automotive repair shop for 41 years.
Verenium Corp., an industrial biotechnology company focused on the development and commercialization of high-performance enzymes, announced on Dec. 10 the signing of a $22.5 million secured debt financing with Athyrium Opportunities Fund.
A vessel with nearly 20,000 tons of wood pellets was discharged at Wismar seaport the week of Dec. 3, according to wood pellet manufacturer German Pellets.
Ethanol imports from Brazil have surged into the U.S. in recent months, University of Illinois ag economists Scott Irwin and Darrel Good point out, but not because it is cheap relative to ethanol.
Verenium announces $22.5 million, five-year secured financing
By Verenium
December 10, 2012
Verenium Corp., an industrial biotechnology company focused on the development and commercialization of high-performance enzymes, announced on Dec. 10 the signing of a $22.5 million secured debt financing with Athyrium Opportunities Fund.
A Colorado State University team has received a $2 million grant from the U.S. DOE to produce a biological control system for bioenergy crops. The work will develop technology that allows rapid and precise improvement of bioenergy crops.
Hawaii-based Big Island Carbon LLC filed for chapter 7 bankruptcy in the U.S. Bankruptcy Court District of Delaware last month. The company intended to convert macadamia nut shells into biobased activated carbon for use in purification applications.
Chromatin Inc. announced a successful grain sorghum trial for both a California ethanol producer and new sorghum grower. L and R Mussi Farms of Stockton, Calif., produced 40 acres of sorghum that was harvested and delivered to Pacific Ethanol.
A Colorado State University team has received a $2 million grant from the U.S. DOE to produce a biological control system for bioenergy crops. The work will develop technology that allows rapid and precise improvement of bioenergy crops.
On Dec. 6, the U.S. Air Force announced it entered into a license agreement with New Generation Biomass, LLC, Oct. 16 to explore development of a biomass renewable energy generation facility at Holloman Air Force Base, N.M.
Rex American Resources Corp. recently released the financial results for its third fiscal quarter, the three months ended Oct. 31. While the the price of corn is currently having a negative impact on the company, its CEO predicts a better 2013.
The U.K. Department for Business, Innovation & Skills recently declared the U.K. Green Investment Bank plc open for business. The entity is the world's first investment bank dedicated solely to green investments.
The U.K. Department for Business, Innovation & Skills recently declared the U.K. Green Investment Bank plc open for business. The entity is the world's first investment bank dedicated solely to green investments.
Curtin University researchers have received $1 million of state government funding to develop a technology that rapidly and efficiently converts biomass into vapor and finely ground char particles that can be efficiently cofired with coal.
Advertisement
@ Copyright 2026 - BBI International - All rights reserved.