Biodiesel Business

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

August 13, 2015

BDI financials show positive net result for first half of year

BY Ron KotrbaAustria-based BDI-BioEnergy International AG released its financial results for the first half of 2015. The company's financial development was affected by the ongoing difficult market environment and delays in biodiesel projects during the period. READ MORE

August 10, 2015

2 sentenced, another pleads guilty to biodiesel RIN fraud

BY U.S. Department of Justice James Jariv was sentenced in a Las Vegas federal court to 10 years in prison Aug. 5 for his role in biodiesel RIN fraud. Nathan Stoliar of Australia was sentenced to two years in prison for his part. Alex Jariv also plead guilty in the scheme. READ MORE

August 06, 2015

REG reports increased biodiesel sales in Q2 earnings

BY Katie Fletcher Renewable Energy Group Inc. recently announced its financial results for the second quarter ended June 30, reporting 96.1 million gallons of biomass-based diesel sales, 24.5 percent more than the comparable period in 2014. READ MORE

August 03, 2015

REG to acquire Imperium's assets including 100 MMgy plant

BY Renewable Energy Group Inc. REG and Imperium Renewables signed an asset purchase agreement where REG would acquire substantially all the assets of Imperium, including its 100 MMgy biodiesel refinery and deepwater port terminal at the Port of Grays Harbor, Washington. READ MORE

July 17, 2015

Biodiesel equipment scheduled for online auction ending Aug. 18

BY Maas Companies Maas Companies will auction surplus biodiesel process equipment from Green Gallons Solutions of Bonners Ferry, Idaho, Aug. 18 via a timed online auction. The process equipment is being sold as one lot to be moved, with two tanks to be sold piecemeal. READ MORE

July 17, 2015

Utah-based biodiesel firm launches crowdfunding campaign

BY Ron KotrbaLogan, Utah-based Argo Fuels announced it is launching an Idiegogo crowdfunding campaign July 21 to raise money for the purchase of feedstock and preparation for large-scale biodiesel production using its NanoCatalyst fuel processor. READ MORE