Biofuels
Pacific Ethanol increases stake in US biorefineries
Pacific Ethanol has entered into an agreement with a group of institutional investors to raise $8 million in financing while acquiring an additional 7% interest in four ethanol production facilities. Upon closing, the company's total ownership interest will increase to 34%, the company said.
HPI Market Data 2012 Executive Summary
THE NEXT STEPThe economic recovery continues for the global hydrocarbon processing industry (HPI). Energy drives economic growth. Unfortunately for developed nations, stronger economic recovery remain..
Flint Hills acquires idled Nebraska biodiesel plant
Flint Hills Resources is acquiring an idled biodiesel plant in Beatrice, Neb., through a bankruptcy sale. The Beatrice plant was built in 2008 but was never in service. The plant is designed to produce 50 million gal/year of biodiesel.
Aeroméxico begins using Honeywell UOP biofuel on commercial routes
Honeywell’s UOP said that its Green Jet Fuel is powering Aeroméxico’s Mexico City to San José, Costa Rica route, marking one of the first uses of renewable fuels in everyday airplane passenger service. The Mexican aviation sector expects biofuels to account for 1% of the fuel used in Mexico by 2015 and 15% by 2020.
Advanced Refining expands Nevada GDiesel plant
Advanced Refining Concepts (ARC) has commenced construction on the third and fourth expansion phases of its Peru Heights GDiesel refinery in Nevada. The expansion, which is expected to be completed in the second quarter of 2012, will double the plant’s capacity to 400,000 gal/day of GDiesel.
Refining group names Albemarle top biodiesel firm
US-based specialty chemicals producer Albemarle was named biodiesel corporation of the year by the World Refining Association during the Biofuels 2011 annual meeting in Amsterdam. The award, which was presented to representatives from Albemarle's alternative fuel technologies (AFT) division, recognizes industry leaders that have made substantial contributions in the field of renewable fuels.
HP Construction: Europe
Navum Energy Ltd. has signed a memorandum of understanding (MOU) with the Turkmenistan state-owned gas concern, Turkmengas, which will lead to the construction of a series of gas-to-liquids (GTL) and ..
SABIC creates venture capital arm for technology investment
Saudi Basic Industries Corp. (SABIC) has announced the launch of a new global corporate venture capital arm, SABIC Ventures, in the Netherlands, with the primary goal of seeking out innovative technologies and businesses consistent with the company's global strategy.
BlueFire mulls plan for five new US biorefineries
BlueFire Renewables has entered into a memorandum of understanding (MoU) with China Huadian Engineering Co. to finance its integrated power plant and biorefinery in Fulton, Miss., and up to 5 additional plants in the US. The deal also contemplates the formation of a joint venture to develop similar projects in China.
Air China completes first sustainable biofuel flight
Air China, in partnership with Boeing, Honeywell UOP, the Civil Aviation Administration of China, PetroChina and Pratt & Whitney, on Friday completed a demonstration flight using a sustainable biofuel derived from biomass grown in China.
- Transition Industries signs agreements for the Pacifico Mexinol Project, an ultra-low carbon chemical production facility 7/3
- Bangkok Airways introduces SAF on commercial flights 7/3
- EcoCeres secures SAF contract with British Airways to help reduce carbon emissions 7/3
- Air Liquide to invest up to $200 MM in Louisiana, U.S. to support industrial growth 7/3
- MOL completes the acquisition of LBC Tank Terminals 7/3
- BHP awards charter contracts for two ammonia dual-fueled vessels 7/3
