Biodiesel Business

November 17, 2015

Hero BX purchases former Veros Energy biodiesel plant in Alabama

BY Hero BX Biodiesel producer Lake Erie Biofuels LLC doing business as Hero BX announced Nov. 17 that it has acquired the assets of the former Veros Energy biodiesel refinery in Moundville, Alabama. The plant will be operated under the name Hero BX Alabama LLC. READ MORE

November 13, 2015

Joule, Red Rock Biofuels announce intent to merge

BY Ron KotrbaJoule, technology developer of liquid fuels from recycled CO2, and Red Rock Biofuels, a developer of renewable jet and diesel fuel biorefineries, announced their intent to merge. The transaction is expected to close by mid-December. READ MORE

November 13, 2015

BDI Q3 report discusses new algae business, UK biodiesel contract

BY BDI-BioEnergy International AG BDI-BioEnergy International started a new business segment in Q3 and began construction of an industrial plant for production of algae products. BDI was also commissioned with construction of a biodiesel plant in the U.K., worth 30 million euros. READ MORE

November 11, 2015

Biodiesel One Ltd.'s surplus equipment to be auctioned online

BY Maas Companies Maas Companies will auction surplus biodiesel process equipment for Biodiesel One Ltd. via a timed online auction ending Dec. 3 for piecemeal offers and Dec. 4 for entirety offers. The equipment is located in Southington, Connecticut. READ MORE

November 03, 2015

REG Q3 numbers reflect tough energy, commodity market conditions

BY Renewable Energy Group Inc. The largest U.S. biodiesel producer reports its Q3 financials. REG produced and sold more biodiesel in Q3 2015 than in Q3 2014, but its adjusted EBITDA was -$10 million vs. $11 million in Q3 2014, without any adjustment for the tax credit. READ MORE

October 29, 2015

Biodiesel technology provider helps make brewery carbon-neutral

BY Ron KotrbaBDI-BioEnergy Int'l and Brau Union Österreich, part of the Heineken family, celebrated the opening of a new spent-grain fermentation plant at the Göss Brewery in Austria, the last milestone in a series of efforts to make the plant carbon-neutral. READ MORE

October 28, 2015

BDI-designed Croatian biodiesel plant may get EIB investment

BY Ron KotrbaThe European Investment Bank is considering investing 38 million euros in Biom d.o.o.'s 100,000-ton multifeedstock biodiesel plant in Croatia, to be built by Austria-based BDI-BioEnergy International. The total project cost is 50 million euros. READ MORE

October 20, 2015

SG Preston locks in renewable diesel EPC contractor

BY Ron KotrbaPhiladelphia-based bioenergy firm SG Preston chooses IHI E&C as EPC contractor for renewable diesel facilties READ MORE

October 14, 2015

REG revises down Q3 guidance, gives Geismar update

BY Renewable Energy Group Inc. REG now expects to report a net loss of $9 million to $15 million and nonGAAP adjusted EBITDA in the range of negative $7 million to negative $13 million, below the company's prior guidance of adjusted EBITDA in the range of $0 to $10 million. READ MORE