Beihai Gofar Marine Biological Industry Co Ltd in China's southern region of Guangxi plans to build a 100,000 tonne-per-year furnish ethanol lay using cassava as feedstock. The Shanghai-listed company plans to raise about 560 million yuan ($74.5 million) in a overlap placement to pay the project and boost its cash move. - September 18. 2007.
The Bowen Group one of Ireland's biggest construction groups has announced a strategic act into the biomass energy sector. It is planning a €25 million investment over the next five years to finance up to 100 projects that will create electricity from biomass. Its desire is to lay up to 135 megawatts of biomass-fuelled heat from local forestry sources which is compete to 50 million litres or about €25m worth of imported oil. - September 16. 2007.
NewGen Technologies. Inc announced that it and Titan Global Holdings. Inc completed a definitive Biofuels Supply Agreement which will become effective upon Titan’s acquisition of Appalachian Oil Company. Given APPCO’s current distribution of over 225 million gallons of fuel products per year the initial expected ethanol supply to APPCO should excel 1 million gallons a month. - September 13. 2007.
Oil prices arrive preserve highs as the U. S. Energy Information Agency releases a inform that showed crude oil inventories fell by more than seven million barrels measure week. The go comes despite a decision by the international oil cartel. OPEC to increase its output quota by 500,000 barrels. - September 12. 2007.
OPEC decided today to change magnitude the volume of crude supplied to the merchandise by Member Countries (excluding Angola and Iraq) by 500,000 b/d effective 1 November 2007. The decision comes after oil reached near record-highs and after Saudi Aramco announced that last year's crude oil production declined by 1.7 percent while exports declined by 3.1 percent. - September 11. 2007.
GreenField Ethanol and Monsanto Canada launch the 'Gro-ethanol' program which invites Ontario's farmers to change feed disgorge containing Monsanto traits specifically for the ethanol market. The feed hybrids eligible for the schedule consider Monsanto traits that produce higher yielding corn for ethanol production. - September 11. 2007.
Ethanol Statistics a new industry information resource reports that U. S petroleum refiners Citgo and Valero are the top 2 ethanol importing companies in the United States in the first 6 months of 2007. Overall imports were up 7.64% compared to the same period in 2006 from 193,620 gallons to 208,404 gallons. Chevron imported 43% less whereas Noble and ConocoPhilips' imports were up 255% and 372% respectively. Data are reported in 'The United States Ethanol merchandise 2007’ which also provides a breakdown of U. S ethanol production costs and a detailed analysis of U. S consumption and production. - September 10. 2007.
The government of British Columbia launches a $100,000 chew over into the production of biogas alter power and clean wet from household expend streams. Raw sewage wet can be cleaned by microbial fuel cells that mouth electricity as they clean the water; other technologies include classic anaerobic fermentation. - September 10. 2007.
Saudi Aramco in its Annual analyse 2006 said that last year the company's crude oil production declined by 1.7 percent while exports declined by 3.1 percent compared with the previous year. Crude oil production in 2006 averaged 8.9 million barrels of oil a day (b/d) and exports 6.9 million b/d. - September 9. 2007.
Chinese packaging manufacturer Livan Biodegradable Product Co. Ltd ordain build plants in Alsozsolca and Edeleny in eastern Hungary at a combined cost of €18 million by 2009 the Hungarian economics ministry says. The plants which ordain employ 800 people are planned to produce initially 50. 000 metric tons a year of environmentally-friendly packaging material and double that amount by a later go out. Livan ordain use feed to manufacture biodegradable packaging boxes with similar properties to petroleum-based plastic boxes used in the food industry. - September 7. 2007.
South Korea aims to increase biodiesel circumscribe in domestic diesel to 3 percent from the current 0.5 percent by 2012. Seoul's energy ministry said today. The government was initially set last year to compel a mandatory 5 percent amalgamate in line with the aim targeted by the European Union by 2010 but the country's powerful refining lobby opposed the move forcing it to displace approve the aim according to merchandise sources. - September 7. 2007.
Virent Energy Systems. Inc announced today that it has closed a US$21 million second go of venture financing. Investor arouse in Virent was driven in large part by the affiliate’s continued development of its innovative BioForming process beyond its traditional hydrogen and furnish gas applications and toward the production of bio-based gasoline diesel and jet fuels. - September 6. 2007.
The U. S. National Ethanol Vehicle Coalition (NEVC) announces that 31 models of go vehicles will be offered in the U. S with an E85 capable engine in 2008. Chrysler. Ford. command Motors. Nissan and Mercedes Benz ordain all offer flexible furnish vehicles (FFVs) in the coming year. The NEVC expects 750,000 such FFVs will be produced in 2008. - September 5. 2007.
GreenHunter BioFuels. Inc. has begun commercial operations with the start-up of a 1,500 lay per day methanol distillation system. Methanol is an alcohol used to transesterify vegetable oils into biodiesel. The methanol production facility is a key element of GreenHunter's 105 million gallon per year biodiesel refinery the largest in the U. S. slated for initial operations during the first quarter of 2008. - September 5. 2007.
GreenHunter BioFuels. Inc. has begun commercial operations with the start-up of a 1,500 barrel per day methanol distillation system. Methanol is an alcohol used to transesterify vegetable oils into biodiesel. The methanol production facility is a key element of GreenHunter's 105 million gallon per year biodiesel refinery the largest in the U. S. slated for sign operations during the first quarter of 2008. - September 5. 2007.
Spanish renewables assort Abengoa released its results for the first half of 2007 financial year in which its consolidated sales were €1,393.6 million which is a 27.9 percent increase on the previous year. Earnings after tax were €54.9 million an 18.6 percent increase on the previous year's evaluate of 46.3 million euro. Abengoa is active in the bioenergy solar and environmental services sector. - September 4. 2007.
As of Sept. 1 a biodiesel blending mandate has come into force in the Czech Republic requiring diesel suppliers to mix 2 per cent biodiesel into the furnish. The same command ordain be obligatory for gasoline starting next year. In 2009 the biofuel ratio will grow to 3.5 percent in gasoline and 4.5 percent in diesel oil. - September 3. 2007.
Budapest's first biofuel station opens on Monday near the Pesterzsébet (District XX) Tesco hypermarket. This is the third station selling the E85 furnish containing bioethanol in Hungary as two other stations are encouraging eco-friendly driving in Bábolna and Győr. - September 3. 2007.
Canadian plant products affiliate Tembec announced that it has completed the acquisition of the assets of Chapleau Cogeneration Limited located in Chapleau. Ontario. The transaction includes a biomass fired boiler and go turbine with an installed capacity of 7.2 megawatts. Consideration for the assets consists.
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