November 17, 2015
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.
November 13, 2015
Joule, 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.
November 13, 2015
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.
November 11, 2015
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.
November 03, 2015
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.
October 29, 2015
BDI-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.
October 28, 2015
The 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.
October 20, 2015
Philadelphia-based bioenergy firm SG Preston chooses IHI E&C as EPC contractor for renewable diesel facilties
October 14, 2015
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.