The Canadian Renewable Fuels Association has changed its name to Renewable Industries Canada (RICanada) to reinforce its 32 year mission to promote the use of value-added products made from renewable resources. In making the announcement, RICanada President Andrea Kent emphasized the evolution of the renewable fuels industry and the diversity of companies that operate within Canada’s bioeconomy.- According to a new report by Allied Market Research, titled, “World Biofuel Additives Market – Opportunities and Forecasts, 2015-2022“, the biofuel additives market is projected to reach $12,560 million by 2022, registering a CAGR of 15.3% from 2016 to 2022. The detergents & dispersants segment held about one-third of the total market in 2015.
- Ethanol Producer Magazine is reporting that ASTM International has announced progress in the ongoing project to update its standards. New language in the standards incorporates E15 and updates driveability information. Additional revisions to the standard are in the pipeline.
- Gevo has announced that it has commenced a review of strategic alternatives. The Board of Directors of Gevo has engaged Cowen & Company, LLC as financial advisor to assist in the review. The Board of Directors and its advisor have established a process for outreach to, and engagement with, interested strategic and financial parties.
