Biodiesel World News

November 16, 2016

US biodiesel leaders remain optimistic after Trump victory Biodiesel is consistent with Trump's mission to bring back American manufacturing jobs, make the U.S. energy-independent, protect clean air and water, and, through reforming the biodiesel tax credit, end subsidization of foreign production. READ MORE SHARE
BDI-BioEnergy Int'l reports sound Q3 financials, plans delisting Austria-based BDI-BioEnergy International AG increased sales by 43.6 percent in Q3 to a total of 28.6 million euros (USD$31 million), up from 19.9 million euros in Q3 2015 due to the implementation and completion of various projects on schedule. READ MORE SHARE
	Bankrupt NM ethanol plant site to become biodiesel blend terminal Natural Chem Group has acquired a bankrupt ethanol plant in Portales, New Mexico, where it is developing a terminal to blend 1 million gallons of biodiesel a month for regional fleets. NCG plans to build a 90 MMgy biodiesel plant 20 miles north. READ MORE SHARE
Biodico completes resource assessment of Zero Net Energy Farm Biodiesel producer Biodico announced Nov. 16 that it has completed its resource assessment to support the next stage of development for its Zero Net Energy Farm project to create environmentally sound energy solutions for the state's ag industry. READ MORE SHARE
US EPA proposes denying point of obligation change under RFS EPA proposed Nov. 10 denying requests to change point of obligation under RFS as requested by oil refiners. The agency cites a burdensome increase in program complexity with no benefit, while creating uncertainty, confusion and blocking investments. READ MORE SHARE
AGQM starts 11th no-harm test for biodiesel oxidation stabilizers Germany-based biodiesel quality management association AGQM has started its 11th no-harm test for biodiesel oxidation stabilizers and its second no-harm test for biodiesel heating oil. In the past 10 test rounds, 47 of 69 tested additives passed. READ MORE SHARE
Ralston biodiesel plant breaks ground on major expansion project Renewable Energy Group Inc. broke ground Nov. 8 on a $24 million biodiesel plant expansion in Ralston, Iowa, a project that will boost capacity from 12 MMgy to 30 MMgy. REG expects up to $20 million in long-term debt financing will be provided. READ MORE SHARE
National Biodiesel Board members elect governing board National Biodiesel Board members selected their trade association leadership this week during the annual fall membership meeting held in St. Louis, electing six returning governing board members and one new member to serve in leadership roles. READ MORE SHARE
2 Florida men sentenced to 10-plus years for biodiesel fraud Thomas Davanzo of Estero, Florida, and Robert Fedyna of Naples, Florida, were sentenced Nov. 7 to 121 months and 135 months in prison, respectively, for their participation in a multistate scheme to defraud biodiesel buyers and U.S. taxpayers. READ MORE SHARE
REG Q3 revenues near $625 million from 163 million gallons sold In the third quarter, REG sold a total of 163.1 million gallons of fuel, an increase of 36 percent over Q3 2015. The company produced 114.8 million gallons of biomass-based diesel during the quarter, a 35.2 percent increase from last year's Q3. READ MORE SHARE
Canada showcases new algae biorefinery to reduce CO2 emissions The project uses a 25,000-liter photobioreactor within a pilot-scale algal biorefinery to recycle CO2 and other airborne industrial pollutants into algal biomass that can be further converted into sustainable products, including renewable fuels. READ MORE SHARE
RSB members vote to improve organization's principles, criteria Changes include a new format that makes understanding how to apply the standard easier, streamlined and clear impact assessment requirements, integration of GHG calculation requirement with other measurement tools, a grievance mechanism and more. READ MORE SHARE