Biodiesel Business

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REG acquires various KiOR plant assets for $1.5 million

BY Ron KotrbaAfter receiving court approval, REG Synthetic Fuels is purchasing certain equipment from the bankrupt KiOR cellulosic diesel plant in Mississippi, including a 12-million gallon hydrotreating unit, distillation column and tankage, for $1.5 million. READ MORE

September 15, 2015

REG holds ribbon-cutting ceremony for 100 MMgy Grays Harbor plant

BY Renewable Energy Group Inc. Renewable Energy Group Inc. celebrated the formal opening of the newest addition to its fleet of biomass-based diesel refineries Sept. 14 with a ribbon cutting at REG Grays Harbor LLC. The plant is REG's 11th, and largest, biorefinery. READ MORE

September 11, 2015

D4 RIN prices suggest traders predict tax credit reinstatement

BY Ron KotrbaAccording to University of Illinois economist Scott Irwin, a precipitous drop in biodiesel RIN prices, which outpaces the blend margin decline by more than two-fold, suggests that traders are banking on reinstatement of the biodiesel tax credit. READ MORE

September 08, 2015

Swedish biodiesel producer acquires Norway plant

BY Ron KotrbaSwedish specialty chemical company and biodiesel producer Perstorp announced it is acquiring a biodiesel plant in Fredrikstad, Norway, with plans to move the assets to Perstorp's biodiesel manufacturing facility in Stenungsund, Sweden. READ MORE

September 01, 2015

Missouri biodiesel plant gets new owners, lease on life

BY Ron KotrbaLakeview Energy LLC has purchased the assets of the former Producer's Choice Soy Energy facility in Moberly, Missouri, along with nearly 7 acres of land. The company plans to invest close to $5 million to upgrade the biodiesel production plant. READ MORE

August 31, 2015

Alabama technology firm ends deal for exclusive licensing rights

BY Ron KotrbaInventure Renewables, a subsidiary of Singapore-based holding company Inventure International (Pte) Ltd., has ended its relationship with Alchimia for exclusive licensing rights to Inventure’s patented process technologies in the western hemisphere. READ MORE

August 27, 2015

4 individuals from Florida sentenced for biodiesel RIN, tax fraud

BY U.S. Department of Justice The defendants were all employees and officers of New Energy Fuels LLC, a business in Waller, Texas, that claimed to process animal fats and vegetable oils into biodiesel. The defendants subsequently relocated, operating a similar scheme in Ohio. READ MORE

August 27, 2015

UK-based biodiesel producer Olleco acquires Convert2Green

BY Ron KotrbaU.K.-based biodiesel producer Olleco has acquired Convert2Green Ltd., a used cooking oil collection company and biodiesel manufacturer also located in the U.K. With the acquisition, the number of Olleco's depots across the U.K. has increased to 17. READ MORE

August 21, 2015

REG completes acquisition of Imperium biodiesel plant, terminal

BY Ron KotrbaThe acquisition of Imperium Renewables' assets by Renewable Energy Group has been completed. The assets include a 100 MMgy biodiesel plant, now called REG Grays Harbor LLC, and deep-water port terminal at the Port of Grays Harbor, Washington. READ MORE