A lot of biofuel news last week so I have separated these from my weekly news roundup. Also. my article about new renewable diesel facilities from Neste Oil and Dynamic Fuels is out this week on ICIS Chemical Business so pls. check it out for those who are subscribers. I’ll post some information tidbits about renewable diesel this week for those who are not subscribers.
PS for this biofuel news roundup:
I did not include any recent analysis on US biofuel tax credits issues and the EPA’s new Renewable Fuels Standard Requirements for 2011 as that will require further research and a separate posting…
DuPont and BP’s biobutanol joint venture Butamax™ Advanced Biofuels announced that it has achieved several milestones in its plan to commercialize biobutanol for the transportation fuel market. Butamax is advancing discussions with key stakeholders in preparation for commercial launch.
Black Pearl Capital Partners bought a 46-acre site in Bromborough, Wirral, UK, with facilities for bio-diesel refining, blending, processing as well as storage. The plant, which is expected to be operational by mid-2011, is capable of processing up to 100,000 tones of waste oils into a range of bio-diesel products.
OriginOil completed first phase of its commercial pilot program for its CO2 feeding and algae extraction systems. The company’s first customer and pilot partner, MBD Energy, plans to deploy the algae systems in MBD’s three full-scale power plant operations in Australia, which have the potential at full scale to consume more than half of each power station’s flue-gas emissions.
Viral Genetics, Inc. launched a subsidiary called “VG Energy, Inc.” to market the company’s biofuel technology. VG Energy is marketing an algae-enhancing technology, which has shown to increase the yield of oil production from algae by as much as 300%.
Japan-based ITOCHU through its joint venture company, Orient Bio-Fuels Company, will build a 1 million liters/year bio-ethanol plant in Vietnam using cassava as feedstock. The facility will start operations in spring 2012 and is expected to be sold to the market through gas stations under PetroVietnam Oil.
And finally, Biofuels Digest recently published its 50 hottest bioenergy companies for 2010. The rankings recognize innovation and achievement in bioenergy development from all over the world.
Among the top 50, fifteen are active in cellulosic ethanol development (down from 19 last year), five are developing algae-based energy solutions (down from seven last year), and 16 are producing “drop-in” renewable biofuels such as biobutanol, renewable diesel, green gasoline and renewable jet fuel (up from 15 last year). Thirteen are developing capabilities to produce renewable chemicals.