Biofuels
Novozymes pressured by weak US biofuels market
Bioethanol production and profitability has been hampered by the drought in the US, which has pushed up the prices for corn, the main ingredient in the production of biofuel. Additional pressure has been added by a decline in overall fuel consumption in the US, the Novozymes executive said.
BASF joins collaboration to develop bio-acrylic acid
BASF, Cargill and Novozymes recently signed an agreement to develop bio-based technologies to produce acrylic acid from renewable feedstocks. The annual global market volume of acrylic acid is around 4.5 million tons, with a value of $11 billion at the end of 2011.
Syntroleum secures EPA registration for renewable gasoline blendstock
Dynamic Fuels LLC, Syntroleum Corp.'s joint venture with Tyson Foods, has been granted Part 79 registration for its renewable gasoline blendstock 10 by the US Environmental Protection Agency (EPA).
EPA to propose US biofuel fraud fix by end of 2012
Refiners and oil importers are required to buy certain amounts of fuel made from plants every year under a 2005 law designed to reduce US oil imports. But the market has been in turmoil since last year, when it became clear that some companies were selling fraudulent numbers.
US lowers yearly ethanol production outlook by 3%
The EIA said it reduced ethanol production estimates from 900,000 bpd to 870,000 bpd, a reduction of 3.3%. The US agency says it expects ethanol production to recover in the second half of 2013.
US lawmakers ask EPA to cut production mandate for corn-based ethanol
As a result of the drought, “corn prices have risen dramatically over the past few weeks and are likely to remain at record highs,” the lawmakers said in a letter to be sent to the Environmental Protection Agency. The letter follows a petition filed earlier this week by the US livestock industry.
US Senate group OKs biodiesel tax credit extension
The biodiesel tax incentive was first implemented in 2005 and also expired in 2010. After it was reinstated last year, the biodiesel industry grew rapidly, the NBB trade group said, setting a new production record of nearly 1.1 billion gallons and supporting more than 39,000 jobs.
HP Insight: How long is an economic cycle for the HPI?
As summer takes hold in the Northern Hemisphere, demand for energy in various forms increases. In looking back over the past 90 years, energy demand and pricing cycle through high and low points. In 2..
HP Construction: North America
TWD Technologies has been selected by Great Lakes Biodiesel to build what is said to be Canada’s largest biodiesel plant. It is scheduled to be operational by the autumn of 2012.TWD is providing ..
HP Impact: Comparing land use impacts for petroleum and biofuels
The biofuels industry claims its fuel is unfairly singled out by potential regulatory policies that focus on greenhouse gas (GHG) emissions associated with land use change. It argues that petroleum al..
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