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Pacific Ethanol

Video from WSJ Marketline about Pacific Ethanol’s Plant in Stockton, California. Production at the Stockton was suspended in February.  It is now mothballed. Too much capacity, margins too thin, seem to be the story. This isn’t the first time that I’ve written about Pacific Ethanol. Bill Gates cut his holding in Pacific Ethanol back in […]

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Greenpeace protests against Neste’s palm biofuel plans

Greenpeace is objecting to Neste’s plans to become the world’s largest consumer of plam oil as it ramps up biofuels production, according to a report on ICIS news. Disclosure (I work for ICIS. About ICIS) Neste disputes the pressure group’s claims that it will have an impact on  the level of deforestation in South East […]

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Novozymes in China biofuel project.

Novozymes and China National Cereals, China Oil & FoodstuffCorp (COFCO) and Asian refiner China Petroleum and ChemicalCorp (Sinopec) in February to develop anindustry chain to collect agricultural waste, process it intobioethanol and distribute the clean fuel through petrol stations, according to a report on Reuters. It is likely to need around $13bn to support the […]

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Who will benefit from biofuel industry distress?

The question: Who will benefit from biofuel industry distress? will be answered in a webcast on Thursday 2 April at 1pm to 2:30 pm Eastern Standard Time. There is a fee.

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Shell puts all of its renewables eggs into the biofuels basket

Shell will concentrate on biofuels in its future alternative energy investments, according to a story in the Guardian online. I have been slightly surprised that Shell has invested in wind, solar and hydrogen technologies. Shell really understands liquid fuels and liquid distribution. Most vehicles for the foreseeable future will be based on some kind of […]

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Verenium: BP responds

I’ve just had this email from the press office at BP about its joint venture with Verenium which was mentioned in an earlier post today. We remain focused on commercializing the technology that we are developing jointly with Verenium and continue to progress development activities with the commercial JV that we announced in February in order to […]

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UPDATED: Verenium and Aventine in difficulties: Reuters

Verenium could have jhad difficulty continuing as a company, its auditors say in a report from Reuters yesterday and carried in the UK’s Guardian Business Feed.The same report says Aventine may need to take Chapter 11 bankruptcy protection. Key points from the Reuters report: Verenium’s outside auditor, Ernst & Young, saidin a U.S. Securities and […]

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Shell ups its stake in Codexis

Shell has increased its stake in Codexis, in a story filed by ICIS news last night. (Disclosure: I work for ICIS: About ICIS)Shell gets an second seat on the Codexis board an makes a financial contribution. It reinforces Shell’s commitment to renewables, and might make large scale commercial cellulosic ethanol a reality sooner. In 2008 […]

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More on Michigan State’s big cellulosic ethanol drive

I wrote a couple of days ago about a company called Frontier Renewable Resources, a joint venture between JM Longyear and Mascoma that is planning to convert trees in Michigan into ethanol for biofuel. There has been a follow up story in the Michigan Messenger. Patrick K. Egan at the Messenger has managed to talk […]

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More on BP Vereneum

Last night the press office at BP emailed me with more details on the agreement with Verenium. I like the way they talk about “energy cane” and “energy grasses” presumably energy cane is the stuff left behind after sugar processing, or in the fields. I’m not so clear about energy grasses will that be switchgrass?Here’s […]

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