The General Motors Orion Assembly plant that builds the Chevrolet Bolt EV ranks as the eighth largest user of green power generated onsite in the U.S. among the EPA’s Green Power Partnership Partners. Over half of the plant is powered by methane captured from decomposing trash in a nearby landfill.- The Malaysian Biodiesel Association (MBA) has signed a Memorandum of Understanding (MoU) with India’s Andhra Pradesh Economic Development Board (APEDB) to explore palm biodiesel investment and its export potential. In a statement, MBA said the agreement would pave the way for its member companies to potentially export palm biodiesel from Malaysia to a proposed palm biodiesel blending program in India.
- Terra Biodiesel Holding has announced the closing of the sale of its biodiesel plant located in St. Joseph, Missouri to an undisclosed strategic buyer. Ocean Park Advisors acted as the exclusive advisor to the seller. The assets sold include a biodiesel refinery situated on an approximately 13-acre parcel of land as well as a license agreement for certain production technologies. Financial terms of the transaction were not disclosed.
- Genesee & Wyoming has announced that beginning this fall, its Arkansas Midland Railroad Company subsidiary will offer the first ethanol unit train solution for the North Little Rock and surrounding gasoline-blending markets, serving the JP Energy terminal, which is the largest terminal at North Little Rock’s tank farm complex. Unit trains, which are able to handle up to 108 railcars, will be unloaded directly to JP Energy’s ethanol storage tanks on premises for onsite blending or direct outbound truck loading. Prior to this, the local ethanol market was served only by truck deliveries and single-car rail shipments.
