Monthly Archives: February 2016

Digest Bioeconomy Index slips 0.39 percent to 48.08 as ethanol rolls back

The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, slipped 0.39 percent to 48.08 as ethanol rolled back. For the day, Aemetis (AMTX) fell 5.43 percent to $1.74, while Pacific Ethanol (PEIX) shed 7.88 percent to $3.39.  … Continue reading

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Comet to build 30K ton biomass sugar plant in Ontario

In Washington, Comet Biorefining announced at ABLC 2016 the location of its commercial-scale biomass-derived sugar facility in the TransAlta Energy Park in Sarnia, Ontario.  The 60 million pounds per year plant will come online in 2018 producing dextrose sugar from … Continue reading

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GFBiochemicals acquires Segetis, enters the US market

In Washington, GFBiochemicals announced at ABLC 2016 that it has acquired the assets and intellectual property of Segetis, a US-based, venture-backed levulinic acid derivatives producer Segetis has more than 50 patents and over 200 pending patent applications worldwide. The acquisition matches … Continue reading

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Acquisitions, new capacity: Heard on the Floor at ABLC 2016, Day 2

By Edward Dodge, Special to The Digest   Day 2 at ABLC2016 featured another packed schedule of prominent speakers from across the bioeconomy. Marcel Van Berkel from GFBiochemicals announced that they have acquired Segetis, the green chemistry firm from Minnesota. … Continue reading

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First Pacific chooses Roxas as Philippines’ sugar and ethanol winner

In the Philippines, following the divestment of its minority stake in Vitorias Milling, First Pacific will reinvest those funds in further developing Roxas’ ethanol and sugar production. Last week, Roxas announced an upcoming rights issue where First Pacific plans to … Continue reading

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Thai ethanol producers buy spoiled rice at auction

In Thailand, the country’s private sector has stepped up to the plate with a strong participation in the auction to dispose of spoiled and low quality rice stocks, which can be used as an ethanol feedstock. On average, ethanol producers … Continue reading

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Exports or cut in production needed to balance ethanol market

In Louisiana, analysts say that if ethanol producers keep at January’s pace, there will be about 800 million gallons too much produced this year that will need to be exported or risk flooding the domestic market, a real concern for … Continue reading

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Duckweed USA investing $4 million in Georgia biodiesel facility

In Georgia, Duckweed USA is investing $4 million in a biodiesel facility that will produce fuel from duckweed grown at the wastewater treatment plant in Sparta. Equipment is set to arrive on site in the next 45 days with production … Continue reading

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Pacific Ethanol to host water hyacinth biogas pilot project

In California, Pacific Ethanol is set to host a pilot project at its Stockton ethanol plant that would produce methane from water hyacinth that is clogging up the Sacramento River Delta in its biogas digester. The company is already building … Continue reading

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NREL makes algae ethanol breakthrough competitive with cheap oil prices

In Colorado, new biorefinery process developed by scientists at the Energy Department’s National Renewable Energy Laboratory (NREL) has proven to be significantly more effective at producing ethanol from algae than previous research. The process, dubbed Combined Algal Processing (CAP), is … Continue reading

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Researchers find animal anaerobic gut fungi breaks down biomass easily and cheaply

In California, researchers report in the journal Science on Feb. 18 that anaerobic gut fungi from goats, sheep and horses perform as well as the best fungi engineered by industry in their ability to convert plant material into sugars that … Continue reading

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New York state gets Buffalo Biodiesel to drop more than 600 “bullying” suits against UCO collectors  

In New York state, Attorney General Eric T. Schneiderman today announced an agreement with Buffalo Biodiesel, a company that collects cooking oil waste and converts it into biodiesel, over claims that the company filed lawsuits against hundreds of small businesses … Continue reading

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Heard on the Floor at ABLC 2016: $60 oil by year end, Circular Economy in focus

By Edward Dodge, special to The Digest At the first day of the 2016 Advanced Bioeconomy Leadership Conference in Washington D.C., Pavel Molchanov, a markets analyst from Raymond James expects prices to rise back to $60 a barrel by the end … Continue reading

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Digest Bioeconomy Index gained 1.94 percent to 48.27 as ethanol rallies

The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, gained 1.94 percent to 48.27 as ethanol rallied. For the day, Aemetis (AMTX) gained 8.24 percent to $1.84, while Pacific Ethanol (PEIX) advanced 5.75 percent to $3.68.  Among … Continue reading

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Pine Lake Corn Processors signs up to to install the first Whitefox ICE Solution in the Midwest

In Louisiana, Whitefox Technologies Limited has signed an agreement with Iowa-based Pine Lake Corn Processors to install the first Whitefox ICE™ Solution in the Midwest. PLCP operates a 30-million gallon per year ethanol plant in Steamboat Rock, Iowa. Whitefox’s technology … Continue reading

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Pine Lake Corn Processors signs up to to install the first Whitefox ICE™ Solution in the Midwest

In Louisiana, Whitefox Technologies Limited has signed an agreement with Iowa-based Pine Lake Corn Processors to install the first Whitefox ICE™ Solution in the Midwest. PLCP operates a 30-million gallon per year ethanol plant in Steamboat Rock, Iowa. Whitefox’s technology … Continue reading

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Brazilian hydrous and anhydrous ethanol prices hold steady as buyers wait for crush to start

In Brazil, CEPEA says both hydrous and anhydrous ethanol prices have remained steady due to a lack of demand as buyers wait until the start of the next crush to make major purchases. Typically prices rise during the inter-harvest period … Continue reading

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Colombian ethanol production up 7% in 2015 thanks to new distillery

In Colombia, 2015 ethanol production jumped 7% to 435 million liters thanks to the Riopaila plant in southwestern Valle de Cauca province coming online in October. The facility’s installed capacity of 400,000 liters/day boosts the country’s production capacity by 30%. … Continue reading

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Former Fagen Engineering CFO admits to embezzling $4.5 million

In Minnesota, a former CFO at Fagen Engineering has confessed to the FBI she created a fictitious ethanol company in Nebraska called Fairmont Investments LLC to help her allegedly embezzle $4.5 million and buy homes, cars and other assets in … Continue reading

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Thai sugar giant buys first non-bagasse biomass power facility for $14.3 million

In Thailand, sugar giant Mitr Phol is moving beyond bagasse-based power generation, of which it already owns six plants, and is investing $14.3 million in a multi-feedstock 9.9MW biomass power facility co-located with a rice mill. Its six bagasse-based facilities … Continue reading

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