Posts Tagged ‘ethanol’

24 March 2009

Northeast Biofuels set to sell its ethanol assets in April 2009 following bankruptcy order

Northeast Biofuels has received the go-ahead from the Bankruptcy Court to conduct an auction for the sale of its assets, following a voluntary petition filed in January of this year.

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19 March 2009

GreenShift Corporation says despite financial downturn, biofuel opportunities are still abundant

GreenShift Corporation, a US clean technology company, says its biofuel refining technologies are able to covert extracted corn oil into the highest quality currently produced in the US.

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19 March 2009

US ethanol bioengineering company Xylogenics names new board appointments

US ethanol bioengineering firm Xylogenics has appointed two officers to its board of directors. Butch Mercer, CEO of BioMark, was named chairman, with Nick Mathioudakis, partner at law firm Baker & Daniels, joining the board to serve as its secretary and will also serve as a legal and business advisor to Xylogenics.

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18 March 2009

Valero Renewable Fuels successfully bids for VeraSun Energy’s biofuel facilities

Valero Renewable Fuels has successfully bid for ethanol producer VeraSun Energy Corp.'s assets contained in the VSE Group as well as bioethanol production facilities in Albion, Nebraska and Iowa, following an auction.

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17 March 2009

Magellan Midstream Partners and POET look at $3.5bn US ethanol pipeline project

Magellan Midstream Partners, a distributor of refined petroleum products has teamed up with biofuel producer POET to assess the viability of building a 1,700 mile-long dedicated ethanol pipeline between the midwest to northeastern US.

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13 March 2009

US Department of Energy awards Michigan State University with $1.4m for biofuel research

Michigan State University Upper Peninsular Tree Improvement Center has received $1.4m for a new biofuel research programme from the US Department of Energy.

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13 March 2009

Green Plains Renewable Energy appoints CEO Todd Becker to board of directors

Green Plains Renewable Energy, a Nebraskan ethanol producer, has appointed CEO Todd Becker to its board of directors with immediate effect.

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10 March 2009

Growth Energy calls for US Environmental Protection Agency to raise gasoline blended ethanol to 15 per cent

Growth Energy, a US group committed to clean energy, has urged the US Environmental Protection Agency to raise the limit on ethanol blended into gasoline from ten per cent up to 15 per cent.

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10 March 2009

BlueFire Ethanol Fuels teams up with Applied Power Concepts to develop biofuel technology

BlueFire Ethanol Fuels, an ethanol transportation fuel company, has struck a technology development services agreement with Dr William Farone and his company Applied Power Concepts.

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19 February 2009

BP, Verenium form biofuels joint venture

Oil and energy giant BP and biofuels company Verenium Corporation have formed a 50-50 joint venture to develop and commercialise cellulosic ethanol from non-food feedstocks.

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12 February 2009

Cellulosic biofuel could replace a third of gasoline by 2030, report

Plant and forestry waste could replace nearly a third of gasoline by 2030, according to research carried out by Sandia National Laboratories and General Motors Corp.

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9 February 2009

VeraSun Energy set to sell ethanol assets to Valero Energy

Ethanol producer VeraSun Energy Corporation has filed a proposal to sell some of its assets to Valero Energy Corporation for $280m.

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23 January 2009

Government of Canada funds new biofuel research

The Government of Canada has funded a new research network to create new market opportunities for crops. The Cellulosic Biofuels Network will look at ways of increasing efficiency and reducing the economic costs associated with the production of cellulosic ethanol.

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21 January 2009

Green Plains Renewable Energy acquires 51 per cent of Blendstar

Ethanol producer Green Plains Renewable Energy has acquired a majority stake in Houston-based biofuel terminal operator Blendstar for $9m. As a result, Green Plains will hold a 51 per cent stake in the company.

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16 January 2009

Verenium to build its first cellulosic ethanol facility

Verenium Corporation will build its first commercial-scale cellulosic ethanol facility in Florida, US, in a move that will cost between $250m and $300m.

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13 January 2009

POET Research Center moves one step closer to ethanol launch

POET Research Center in Scotland is now producing cellulosic ethanol on a pilot scale, bringing it one step closer to a commercial launch.

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13 January 2009

NextStep Biofuels, The Price Companies sign supply contract

Ethanol development company NextStep Biofuels has agreed to a 20 year feedstock procurement contract with wood processing company The Price Companies.

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8 January 2009

Biorefinery developer ZeaChem raises $34m in Series B financing

ZeaChem, a developer of biorefinieries, has raised $34m in initial Series B financing.The round was co-led by venture capital investors Globespan Capital Partners and PrairieGold Venture Partners with MDV-Mohr Davidown Ventures, Firelake Capital and Valero Energy Corporation investing.

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16 December 2008

US Government must continue to support ethanol as a biofuel, report

The increase in global production of ethanol as a biofuel is as a result of the need to limit dependence on oil and reduce pollution, according to a the latest report by SRI Consulting, Biochemical Cellulosic Ethanol, which studies the processes and economics of biochemical production.

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16 December 2008

US renewable fuel company GreenShift to receive $38m injection

US biofuel company GreenShift Corporation is to receive a $38m investment to produce 20 million gallons per year of biodiesel from corn oil extracted from ethanol plants.

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