Combine small with community, and you might get a big deal! Biodiesel Magazine reports that small-scale refiner Extreme Biodiesel announced it wants to acquire fellow California renewable energy maker, Promethean Biofuels, a community-scale biodiesel producer and cooperative corporation that also provides waste oil and used motor oil collection services: “This relationship between Extreme Biodiesel and Promethean has flourished over the …
Stock Rising for Biodiesel Giant REG
Things are looking up for Renewable Energy Group. According to this article on DailyPolitical.com, Piper Jaffray has increased the Iowa-based biodiesel maker’s stock price target from $9.00 to $13.00 in a research note released on Friday morning: “We are lifting our estimates and raising our price target due to strengthening industry fundamentals where biodiesel RINs continue to improve and feedstock …
Fresno, CA Gets Fuel Choice
Fresno, California is the home of the latest retail station offering E85 and biodiesel. Located at 4994 E. Ashlan Avenue, the Propel “Clean Mobility Station” will receive its biodiesel from Community Fuels in Stockton, CA and ethanol from Calgren Renewable Fuels in Pixley, CA. Community Fuels produces high quality biodiesel at the company’s 13 million gallons per year bio-refinery at …
Green Tea Could Lead to More Green Biodiesel
Researchers have found that some of the compounds in green tea could lead to more biodiesel production. Scientists at the University of California, Davis found several compounds, including common antioxidants such as epigallocatechin gallate, found in green tea, and butylated hydroxyanisole (BHA), a food preservative, boosted the oil production by green microscopic algae: “They can live in saltwater, they take …
Renewable Fuels Infrastructure Funds Available
Retail and wholesale distributors of fuels who are interested in installing new equipment to offer consumers more choice at the pump – higher blends of ethanol and biodiesel – can apply for financial assistance through the Iowa Renewable Fuels Infrastructure Program. Applications must be received by April 30, 2013 and will be considered at the May 14th meeting of the …
Industry Comments on 2013 RFS Proposed Volumes
The renewable fuels industry is responding to the U.S. Environmental Protection Agency’s (EPA) notice of proposed rulemaking regarding 2013 Renewable Fuel Standard (RFS) required volumes. EPA proposes to set ethanol gallons at 14 million but where the real debate has lain is around the requirement for cellulosic gallons. The Renewable Fuel Association (RFA) submitted comments with four key points: 1. …
Spanish Study Finds Microalgae for Biodiesel
There might be a variety of microalgae previously overlooked for biodiesel that is back in the renewable energy game. This article from Biofuels International says scientists from the Universitat Autònoma de Barcelona (UAB) in Spain have identified dinoflagellate microalgae as an ‘easy and profitable way’ of creating biodiesel: ‘If we make simple adjustments to completely optimize the process, biodiesel obtained …
February Biodiesel Production Hits Nearly 78 Mil Gallons
Government numbers show the biodiesel production pace for the year at just under a billion gallons. Biofuels Journal reports the EPA announced February’s production today at 77.6 million gallons of biodiesel: The numbers show a total of more than 80.4 million gallons of Biomass-based Diesel for February, but that total also includes renewable diesel production. With the February numbers, year-to-date …
IRS Extends Biodiesel, Alt Fuels Deadlines
Want to feel good about Internal Revenue Service this time of year? Well, maybe you won’t be doing the wave for tax collectors, but the IRS is helping out those filing tax credit claims for biodiesel mixtures and alternative fuels sold or used in 2012. Biodiesel Magazine explains that several fuel tax credits, including the cellulosic biofuel producer credit, the …
Canadian Renewable Fuels Welcomes GF2 Policy
The Canadian Renewable Fuels Association welcomed this week’s launch of that country’s agriculture policy. The Growing Forward 2 (GF2) policy framework was unveiled this week, and CRFA sees it as good for Canada’s renewable fuels industry and the farmers who grow the feedstocks for biofuels: Today, CRFA members are producing clean-burning renewable fuels across the country. This success is a …