September 10, 2014
Asset advisory and auction firm Heritage Global Partners announced it will be holding a telephonic auction of nearly 10 percent economic interest in North Star Biofuels LLC and related intellectual property owned by R Power Biofuels and Sauber LLC.
August 29, 2014
New ownership and biodiesel process technology are planned for a 75 MMgy plant in Kuantan Port, Malaysia. Benefuel Int'l Holdings and a Felda Global Ventures subsidiary agreed to purchase the plant and retrofit it with Benefuel's Ensel technology.
August 20, 2014
Consultant Rudy Pruszko has trained more than 500 people in the U.S. and 22 countries on how to build a successful biodiesel business. He spoke at the Collective Biodiesel Conference and offered attendees advice and tips from his experience.
August 13, 2014
Biox Corp. announced its fiscal 2014 third quarter (Q3 2014) financial results for the three-month and nine-month periods ended June 30. Biodiesel production was 13.8 million liters compared to 14.7 million liters in Q3 of fiscal 2013.
August 12, 2014
Florida Biodiesel Inc. announced it has completed sale of a B-60 biodiesel processor to Avandith Energy in Lagos, Nigeria. The unit will be used for Avandith Energy's pilot transesterification facility. The B-60 will also be used for education.
August 05, 2014
Renewable Energy Group Inc.'s revenues for Q2 2014 were $332.9 million. Compared to Q2 last year, REG sold 11 percent more gallons of biomass-based diesel, while revenue decreased by 13 percent and adjusted EBITDA decreased by 86 percent.
August 01, 2014
SG Preston is planning to build a 120 MMgy renewable diesel facility in in Lawrence County, Ohio. The SGP South Point facility, expected to be complete in 2017, will cost $400 million and create 100 permanent jobs. Pre-engineering begins next month.
July 30, 2014
Flint Hills Resources has hired Russell Leighton and Jeremy Morse to lead the Duonix biodiesel plant in Beatrice, Neb. The biodiesel plant is part of a joint venture between Flint Hills Resources and Benefuel Inc., known as Duonix LLC.
July 08, 2014
It seems obvious; building the Bioheat Bridge is simply the act of blending ASTM D6751 biodiesel with ASTM D396 heating oil. What's not obvious is recognizing the opportunities and various bridges that can be built through biodiesel marketing.