Imperium Seeks $345 Million IPO

John Davis

Biodiesel giant Imperium Renewables is looking to get $345 million in investments in an initial public offering. You might remember Imperium from our previous posts about how the Seattle-based company is building a 100 million gallon a year refinery (Feb. 2nd) – one of the biggest in the nation – and how it secured a record $214 million investment (Feb. …

Biodiesel

North Dakota Touted for Wind, Renewable Fuel Potential

John Davis

Federal officials say North Dakota is poised to be an energy giant. This story in the Houston Chronicle quotes John Mizroch, the principal assistant secretary in the Office of Energy Efficiency and Renewable Energy, as the keynote speaker Monday at a renewable fuels conference at Bismarck State College: “This state, it seems to me in particular _ which does have …

Biodiesel, Ethanol, Wind

No-till, Biodiesel Helping Farmers’ Bottom Lines

John Davis

Farmers are facing the same $3-plus-a-gallon fuel costs everyone else is today. According to this story in the Peoria (IL) Journal Star, Patrick Kirchhofer, manager of the Peoria County Farm Bureau says farmers can save by leaving residue on their fields, not plowing them. A University of Illinois study says a 1,000-acre farm that might normally spend $29,500 in fuel …

Biodiesel

Truly Flexible Fuel Engines

John Davis

Venture capitalists are dumping an unspecified amount of money into a company called Transonic Combustion… a company working on engine compnents that would be able to run on any type of fuel – biodiesel, ethanol, gasoline, vegetable oils – just about anything. Check out this story from the tech news blog section of C/Net.com: The somewhat secretive company has come …

Biodiesel, Ethanol

Goodyear has Good Idea

John Davis

The alternative fuel industry is getting a new product to help it move its products. According to a release on the Goodyear web site, the tire giant is producing a hose that will carry a greater variety of biodiesel and ethanol products: Goodyear Flexwing VersaFuel transfer hose meets the needs of expanding alternative fuel markets and conventional fuel markets. Unveiled …

Biodiesel, Ethanol

Biodiesel Boat Back in Race

John Davis

“The reports of my death have been greatly exaggerated” is a famous Mark Twain quote, but it might apply to The Earthrace, a biodiesel boat trying to set a ’round-the-world record. Back on April 29th, I reported on a C/Net story that quoted the captain as saying breaking the record would be impossible. A few days ago, we received this …

Biodiesel

Biofuel Producers Wary of Bush’s Goals

John Davis

Producers of ethanol and biodiesel aren’t sure they can meet President Bush’s goal of 35 billion gallons of renewable or alternative fuels produced a year by 2017. Currently, just under a billion gallons a year of biodiesel and about six billion gallons of ethanol is produced. The American Agriculturalist web site says the debate came during an industry event last …

Biodiesel, Ethanol