President Bush is now confirmed to be the grand finale for the Renewable Energy Conference this week in St. Louis. He will make the final address on Thursday to attendees at the event, who will be hearing from other top administration officials on Wednesday, including Secretary of Energy Sam Bodman and Secretary of Agriculture Mike Johanns. Just about everybody who …
Home of the Biodiesel Rams
The newest breed of Dodge Ram comes factory-fueled with biodiesel. Under the Gateway Arch in St. Louis Tuesday, representatives from the National Biodiesel Board and Daimler-Chrysler announced that every 2007 Dodge Ram diesel coming off the assembly line at the company’s Fenton, Missouri north plant will be fueled with B5, a blend containing 5 percent biodiesel made from soybeans grown …
Biotech for Biofuels
Dr. Robert Fraley, Monsanto’s Chief Technology Officer, will be one of the presenters at the Advancing Renewable Energy: An American Rural Renaissance conference on Wednesday, October 11 in St. Louis. Dr. Fraley will be a panel speaker at the “Liquid Fuels and Bioproducts: Supply and Demand” breakout session on Wednesday afternoon. Dr. Fraley will share his scientific vision of agriculture’s …
Ram Stuff
DaimlerChrysler and the National Biodiesel Board are promising a “new breed of St. Louis Ram.” Look for a big announcement on Tuesday when representatives will discuss new programs to promote modern, clean diesel vehicles and the benefits of renewable biodiesel fuel. The diesel Dodge Ram is produced in St. Louis.
MO Money For Biodiesel
Equity drives for biodiesel plants in Missouri are going well, according to the Missouri Soybean Association. Paseo Biofuels is getting close to half of the $24 million it is raising for a biodiesel plant in Kansas City, Mo., to be owned by Missouri farmers and Cargill. (see previous post) So far, more than $10 million in shares has been committed. …
Peachy Deal for Georgia Biofuels Plants
Georgia Governor Sonny Perdue this week proposed a sales tax exemption for materials and equipment used in the construction of biofuel facilities in Georgia. According to a press release from the governor’s office, the four percent tax incentive, an annual savings of $2 to 4 million, will be available to facilities producing and processing certain biofuels (ethanol, biodiesel and butanol) …
Earthrace Low on Financial Fuel
The first 100-percent pure biodiesel race boat is running short on funding and may not finish it’s world tour as planned. According to news reports, like this one from the NY Times, Earthrace – aka “the World’s Coolest Boat” – is drowning in debt and stuck on the west coast. The boat was due to arrive on the east coast …
Biofinance Conference
Training on how to finance biofuels projects is the goal of Infocast’s Ethanol & Biodiesel Project Finance: The Tutorial, coming up November 1-3 in Chicago. Here’s the pitch from the organizers: Biofuels are red-hot, and getting hotter by the day! But developers and financiers must understand how to best take advantage of the national Renewable Fuels Standard and other incentives, …
Bunge Ethanol and Biodiesel Plans
MGP Ingredients Inc. and Bunge North America are considering jointly building an ethanol plant in the Atchison, KS area, according to a Kansas City Business Journal report. In a filing Thursday with the Securities and Exchange Commission, Atchison-based MGP Ingredients said the companies have made no decisions to proceed beyond the investigatory stage. In other Bunge news this week, the …