The nation’s largest biodiesel maker is going to get a bit bigger. Ames, Iowa-based Renewable Energy Group (REG) announced it is buying Mason City, Iowa’s Soy Energy and its 30-million gallon per year capacity biodiesel plant for $11 million in cash and the issuance of a $5.6 million promissory note to Soy Energy. This company news release says the plant …
Rise in Diesel Vehicles Good News for Biodiesel
Registrations for clean diesel cars are up a whopping 24.3 percent in the U.S. from 2010 through 2012, outpacing total car registrations during that same period of just 2.7 percent. The numbers from the Diesel Technology Forum should be good news for biodiesel producers, since those clean diesel cars can burn the green fuel. “This new data of total national …
Biodiesel Giant REG Has Best First Quarter Ever
Renewable Energy Group (REG), the nation’s largest producer of biodiesel, posted its best first quarter ever. The Iowa-based producer of the green fuel announced its financial results for the quarter that ended on March 31, 2013, with the first quarter 2013 adjusted EBITDA at $22.0 million after adjusting for the $57.4 million related to the 2012 retroactive reinstatement of the …
Researcher Honored for Biodiesel Byproduct Innovation
A researcher from India is honored for her work to use a biodiesel byproduct to replace chemicals usually used in biodiesel production. The National Biodiesel Board and the American Cleaning Institute honored Dr. B.L.A. Prabhavathi Devi from the Centre for Lipid Research at CSIR-Indian Institute of Chemical Technology, Hyderabad, India with the 2013 Glycerine Innovation Award Annual Honor for using …
EIA: February Biodiesel Numbers Up to 68 Mil Gallons
U.S. Energy Information Agency numbers show that U.S. production of biodiesel was 68 million gallons in February 2013, up from January’s figures of 66 million gallons. The report goes on to say nearly three-fourths of that production came from the Midwest. All 110 biodiesel refineries throughout the country have an operating capacity of 2.1 billion gallons per year: Sales – …
Down to the Wire on RFS Comments
It’s down to the wire for the biofuel and agricultural industries to submit comments on the agricultural impact of the Renewable Fuel Standard (RFS), a second in an RFS series being published by the House Energy and Commerce Committee. Growth Energy, Fuels America, and the Renewable Fuels Association (RFA) all submitted input today. The consensus among the biofuel industry is …
Boise Cab Company Looks to Convert Fleet to Biodiesel
Boise, Idaho is certainly famous for its potatoes, and just about everyone’s favorite way to have those spuds are french fried. A local cab company is looking to take advantage of all that leftover cooking oil by turning it into biodiesel to run in its vehicles. KBOI-TV reports that Recab wants the idea to catch on in other cities in …
Europe Urged to Re-reconsider Biofuels Policy
It wasn’t that long ago that Europe was a champion of biofuels, in particular, biodiesel, as just a few years ago the continent adopted a policy of having 10 percent of transportation fuels come from renewable sources, including biofuels. This boosted biodiesel demand, coupled with favorable tax laws and the popularity of diesel vehicles. This piece in Public Service Europe …
Jobe Defends Biodiesel in Wall Street Journal
The head of the National Biodiesel Board is making his case in defense of the green fuel. NBB CEO Joe Jobe recently responded in the Wall Street Journal to a previous article that tried to claim advanced biofuels aren’t being produced on a commercial scale: Biodiesel is an EPA-designated advanced biofuel that’s made from an array of resources including waste …
Calif. Biodiesel Maker First to Earn BQ9000 Lab Cert.
A California-based biodiesel maker is the first producer in the country to earn the BQ9000 Laboratory certification. This company news release from Community Fuels says they received the designation to go along with their earlier BQ9000 Producer certification: “We are serious about quality and believe that biodiesel with reliable and predictable fuel performance is necessary for our industry to grow …