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Posts Tagged ‘ethanol’

21 December 2011

Swedfund participates in €267m Sierra Leone bioenergy deal

africa2_170_170 Sweden’s Development Finance Institution Swedfund has committed €10m to Addax Bioenergy Sierra Leone as part of a €267m deal to further sustainable agricultural processes in the country.

12 December 2011

Mascoma, Valero to build $230m US biofuel plant

US renewable fuels developer Mascoma has formed an agreement with oil refiner and ethanol producer Valero Energy, to construct a 20 million gallon per year cellulosic ethanol facility in Kinross, Michigan.

2 November 2011

Biofuel association calls for halt to ‘unfair’ US importsp

A European association of biofuel producers has called on the European Commission to act against what it has described as ‘unfair’ imports of fuel ethanol from the US.

12 September 2011

NTR sells back Green Plains shares for $28m

Renewable energy group NTR has struck a $28m deal to sell 3.5 million shares of ethanol specialist Green Plains back to the company as it rebalances its portfolio of cleantech investments.

30 August 2011

US leads global ethanol production, despite cutsp

corn_clouds_170_170 Global production of biofuels increased 17 per cent in 2010 to reach an all-time high of 105 billion litres, up from 90 billion litres in 2009.

19 August 2011

Petrobras forms JV to build world’s largest ethanol plant

biogas_170_170 A joint venture by the São Martinho Group and Petrobras Biocombustível will invest BRL520.7m ($74m) in building the world's largest ethanol plant.

12 August 2011

Petrobras on $570m ethanol acquisition hunt

Brazilian energy group Petrobras said it will spend $570m over the next five years on ethanol acquisitions to bolster its business in the sector.

11 August 2011

South Australian energy shortage signals opportunity for liquid fuelsp

Given that Australia’s southern region imports all of its transportation fuels from overseas, the prospect of a local fuel source could signal a timely solution to oil price fluctuations and potential energy shortages.

25 July 2011

Brasil Ecodiesel shareholders to vote on Vanguarda deal

Brazil's biofuels industry is again in the spotlight as Brasil Ecodiesel Industria & Comercio de Biocombustiveis & Oleos Vegetais vote on a proposed merger with Vanguarda do Brasil.

20 July 2011

Dow, Mitsui partner for world’s biggest biopolymer play

cane_170_170 The Dow Chemical Company has carried out its largest investment yet into Brazil through entering a joint venture with Mitsui & Co that will target the biofuels market, in what represents the world's largest biopolymer play.

8 July 2011

US ethanol industry may lose tax credit

The US ethanol tax credit looks to be in danger after three senators reached a deal to repeal the $6bn annual subsidy.

8 July 2011

Ethanol producer Poet moves closer to commercialisation with $105m DOE guarantee

US-based Poet, which claims to be the largest ethanol producer in the world, has received a conditional commitment for a $105m cellulosic ethanol loan guarantee from the Department of Energy.

17 June 2011

US politicians swing away from supporting ethanol

Political sentiment in the US swung away from supporting the ethanol industry yesterday, with the US Senate voting to scrap key subsidies.

10 June 2011

Ethanol prices in US continue to spike

Prices of ethanol in the US have continued to rise - hitting their highest level in three years - after flooding cut corn plantings.

11 May 2011

GreenField Ethanol launches commercialisation vehicle for next generation ethanol

Canadian next generation ethanol producer GreenField Ethanol has launched a vehicle to acquire and commercialise its patented technology.

27 April 2011

Cordiant Capital provides $17m funding towards Hungarian ethanol plant

Cordiant Capital, a fund manager based in Montreal, Canada, has committed a $17m mezzanine funding towards the construction of a $214m ethanol plant in Hungary.

11 April 2011

USDA to provide funding for high ethanol blend pumps

The US Department of Agriculture (USDA) has said it will provide funding for ethanol blend pumps at gas stations, with the aim of installing 10,000 across the country in the next five years.

29 March 2011

US slips to third place in cleantech investmentp

The US has fallen to third place in clean energy investment, behind China and Germany, according to a report by non-profit group the Pew Charitable Trusts.

28 March 2011

LanzaTech begins building China ethanol plant

Biofuel developer LanzaTech and Chinese steel conglomerate Baosteel have begun the construction of a plant that will make fuel ethanol from steel mill waste gases.

14 March 2011

BP pays $680m for Brazilian biofuels producer CNAA

BP said it will acquire a majority stake in Caompanhia Nacional de Acucar e Alcoo, a Brazilian ethanol and sugar producer, for $680m as it continues to diversify its energy portfolio.

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