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Algae.Tec to raise more funds for pilot plant working capital

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By Ron Kotrba

December 19, 2014

BusinessAsia/Pacific

Algae.Tec Ltd. announced an agreement with its largest partner, Reliance Industrial Investments, to raise $AUD2.4 million ($USD1.94 million) to provide additional working capital for development of an algae pilot plant in Jamnagar, India.

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Cavitation Technologies Inc. (CTi) announced this week that the Desmet Ballestra Group, CTi's strategic partner since 2010 and licensee of CTi's vegetable oil refining technology, has entered into another sales agreement in India.

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A recent report issued by Grand View Research indicates the global market for specialty fuel additives is expected to reach $8.5 billion by 2020. Clearly there is money to be made, and room for improvement, in the biodiesel additive market.

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Major Indo-US Advanced Bioenergy Consortium launches

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By Washington University in St. Louis

October 17, 2014

The government of India's Department of Biotechnology, Indian corporate leaders and Washington University in St. Louis has invested $2.5 million to launch the Indo-U.S. Advanced Bioenergy Consortium for Second Generation Biofuels.

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The three-year NCKU project using microwaves and SrO to convert UCO to biodiesel is now in its second year. NCKU is about to realize the project and conduct the experiment on a larger scale with a new processing station, according to the university.

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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.

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Ernie DeMartino, founder of Biodiesel Experts International, talks with Biodiesel Magazine about his new partnership with Advanced Enzymes and provides project updates on BEI's enzymatic biodiesel systems being deployed in the U.S. and abroad.

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Sapphire Energy Inc. has announced that its algae-derived renewable crude project with Sinopec, China's state-owned oil and gas conglomerate, was selected for the U.S.-China EcoPartnerships Program during a signing ceremony in Beijing July 10.

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The city of Canada Bay in New South Wales, Australia, is beginning a six-month trial using B20 blends of biodiesel at the Massey Park Golf Course. Once the project is complete, the B20 biodiesel trial may be expanded across the Australian city.

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Algae technology company Heliae recently announced a partnership with Japan-based Sincere Corp., a waste management and recycling company, to form a joint venture and develop a commercial algae production facility in Saga City, Japan.

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Aircraft powered by biofuel made from Australian mallee trees is not only possible, but could be sustainable and give a boost to potential new regional industries, according to the Future Farm Industries Cooperative Centre.

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A new report by Lux Research finds that while Indonesia, China and Malaysia dominate in Asia-Pacific biodiesel sectors, India's compound annual growth rate of 18.5 percent through 2017 will outpace the rest of the region's 3.9 percent growth.

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Global diesel engine sales are forecast to rise 7.7 percent per year through 2017 to $248.5 billion, representing a marked acceleration from the 2007-'12 pace, according to "World Diesel Engines," a report published this month by The Freedonia Group.

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This month, the mayor of New Zealand's capital city of Wellington, Celia Wade-Brown, welcomed an announcement by Z Energy of the company's plans to invest $21 million in a 20 MMly (5.3 MMgy) biodiesel production facility using tallow as feedstock.

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While overall global biofuel production fell in 2012 for the first time since 2000, biodiesel production rose slightly, according to a recent Worldwatch Institute report.

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Lignol Energy Corp. signed an MOU between M Energy Co. Ltd. establishing the framework by which the two companies will work together to restart LEC's 140 MMly (37 MMgy) biodiesel plant and incorporate M Energy's proprietary pretreatment technology.

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The global market for specialty fuel additives is expected to reach $8.5 billion by 2020, according to a new report by Grand View Research. With biodiesel's growth, cold flow improvers are expected to be the fastest growing product segment.

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Several methods to cleanse and polish biodiesel are utilized, but the story on how well these work begins upstream. Therefore, the cost-effectiveness of biodiesel purification methods should be evaluated based on composition of upstream product.

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Algae.Tec Ltd announced receipt of its first purchase order from an affiliate of Reliance Industrial Investments and Holdings Ltd. in connection with arrangements announced in January, which involve RIIHL investing in Algae.Tec.

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LEC subsidiary Territory Biofuels recently signed an MOU with Milio International for the development of a JV through which Milio will fund up to 120,000 tons of feedstock a year and facilitate marketing and sales of product from the Darwin plant.

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The global biofuels industry is now on the verge of entering a new phase of development. According to a new report, global demand for biofuels for road transportation will grow from 32.4 billion gallons in 2013 to 51.1 billion by 2022.

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The Aemetis plant is the only distilled biodiesel producer in India, according to the company, and is one of the only plants in Asia capable of producing large supplies of biodiesel that meet the rigorous European Union (ISCC) standards.

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Marathon Petroleum Corp. has signed an agreement to purchase a facility in Cincinnati, Ohio, from Felda Iffco Sdn Bhd, Malaysia. The plant currently produces several products including biodiesel and glycerin. The deal is expected to close in April.

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We may already be over the tipping point where greenhouse gases (GHG) have so altered the delicate balance in nature that climate changes are irreversible. We, the purveyors of solutions, can but do the best we can with whatever weapons we can build.

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LEC has agreed to acquire all of the outstanding and issued ordinary shares of Territory Biofuels Ltd. and thereby increase its ownership from 55 to 100 percent. TBF owns the largest biodiesel plant in Australia, scaled at approximately 37 MMgy.

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CEO Wayne Lee said the experts represent the top talent in their respective fields, and bring the group's total to 40 professionals. The new additions are Barry Stevens, William Quapp, Atul Deshmane, Stuart Buckingham, Mindy Collier and Chad Smith.

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The U.S. imported more than 46 million gallons of biomass-based diesel in October, roughly half of which came from Argentina, according to the latest EIA information

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JOil Pte. Ltd., a scientific bioenergy crop developer of a new generation of jatropha, has achieved an average seed yield of 3.53 metric tons per hectare in the third year of its large-scale India field trials. Unpruned, the yield will be 4.42 t/h.

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