BIOFUELS / ETHANOL WORLD MARKET
UPDATE
July/August 2011
TABLE OF CONTENTS
INDUSTRY NEWS
President Obama Announces Major Initiative to Spur Biofuels Industry and Enhance America’s Energy Security
RFA Responds to President Obama on Ethanol
Growth Energy Reacts to President’s Speech at Rural Economic Forum
Advanced Biofuels Association Applauds White House Announcement
Air Transport Association Commends U.S. Government Initiative to Enhance Commercial Viability of Advanced Biofuels
Advanced Biofuels USA Disappointed in White House Plan for National Security Drop-In Biofuels Investment
Department of Energy Releases New ‘Billion-Ton’ Study Highlighting Opportunities for Growth in Bioenergy Resources
USDA and DOE Fund Ten Research Projects to Accelerate Bioenergy Crop Production and Spur Economic Impact
Secretary Vilsack Announces Biomass Production Projects to Promote Renewable Energy Development and Create Jobs in Rural America
BIO Applauds EPA’s RFS Assessment: RFS Will Encourage Needed Investment in Cellulosic Biofuels
New Study Finds U.S. Ethanol Production Growth Has Not Triggered Indirect Land Use Change
American Coalition for Ethanol Releases Factsheets on Food and Fuel, Urges Ethanol Supporters to be Ready for Potential Debate
Ethanol Across America Releases White Paper Laying Out Path Forward for Cellulosic Ethanol
New Online Ad Touts Advanced Biofuels Success
Advanced Biofuels USA Releases Pathway to a Sustainable “Total Biomass” Advanced Ethanol Industry
Investors Pump $930 Million into Alternative Fuel Technologies
The EPA Substantially Increases Its Short Term Projected Market Penetration for Corn Oil Extraction in the Ethanol Industry to 60 Percent and 300 Million Gallons Per Year by 2013
Platts Expands Ethanol Price Data to Address German Market Requirements
E10 Sales Remain Flat, but Iowans Saved $50 Million with Ethanol So Far this Year
TECHNOLOGY NEWS
JBEI to Partner WITH Russian Institute on Biofuels Research
Enerkem Technology to Convert Waste into Biofuels and Green Chemicals at New Research Facility
Single, Key Gene Discovery Could Streamline Production of Biofuels
Qteros and UMass Amherst Bolster Patent Portfolio for Ethanol-Producing Microbe with Issued and Allowed Patents in the United States and Japan
Joule Awarded Patents for High Volume Ethanol Production from Sunlight and CO2
Synterra Energy Merges Key Technologies to Commercialize Next Generation Integrated Biorefinery
FEEDSTOCKS
Corn Production on Upswing While Soybeans Suffer USDA Reports
Revised Estimate for 2011/2012 Sugarcane Harvest Sets Total South-Central Brazil Harvest at 510.24 Million Tons
New Program Increases Opportunities for Camilina Growers in California, Montana and Washington
Neste Oil Expands its Renewable Raw Material Base with Jathropha and Camelina Oils
Dynamotive Enters into Partnership with Virgin Australia, Renewable Oil Corporation and CRC to Develop Biofuels in Australia
Bharat Renewable Energy Forms Alliance with SG Biofuels to Deploy Jatropha Hybrids for Biodiesel in India
Mission NewEnergy Provides Entrepreneurship for Indian Farmers and Sustainable Biofuel for Air Travel
ZeaChem Selected for Biomass Crop Assistance Program Award
CELLULOSIC
DOE Offers Conditional Commitment for a $105 Million Loan Guarantee for First of its Kind Cellulosic Biorefinery in Iowa
Virent’s Successful Conversion of Cellulosic Biomass Selected for Continued DOE Funding
Coskata Signs Letter of Intent for the Engineering, Procurement and Construction of its First Commercial Facility
POET and The Earth Partners Form Partnership to Develop Conservation Biomass in the Upper Midwest
Inbicon AG Studies Give Green Light to New Biomass to Ethanol Industry
EdeniQ and IKA® Works Announce Global Partnership for Biomass Milling Technology
Chrysler Group LLC and ZeaChem Inc. Announce Memorandum of Understanding to Speed Production and Use of Advanced Cellulosic Ethanol
SUGARCANE
UNICA Calls for More Investments in Brazilian Sugarcane Industry to Meet 2020 Demand Projections
EU Approval of Certification Standards for Biofuels Brings Transparency and Supports Planning by Sugar Energy Industry
Anhydrous Ethanol Output in South-Central Brazil Up 26.57 Percent in First Half of July
Boeing, Embraer and IDB to Fund Sustainability Analysis of Producing Amyris Renewable Jet Fuels from Sugarcane
ALGAE
OrginOil Develops Real Time Control Network for Large Scale Algae Harvesting
Aurora Algae Advances Commercial Facility Construction, Achieves Major Project Facilitation Status
PetroAlgae Partners with CRI Catalyst to Optimize Conversion of Biomass to Renewable Fuel
BIODIESEL
Biodiesel Industry Producing Record Volumes, Fueling Job Creation
Biodiesel Achieves Stunning 5 to 1 Return on Fossil Energy
ADM to Acquire Rapeseed Processing and Biodiesel Company in Poland
Mission Commences Sales into Malaysian Biodiesel Mandate
GreenShift Licenses Its Patented Corn Oil Extraction Process to Sunoco
International Fuel Technology, Inc.’s PerfoLiFT BD Series Well Positioned to Capture Market Share Worldwide for Stabilizing Biodiesel of All Underlying Source Materials
Kemi Ajos Probable Location for the Metsälitto/Vapo Biodiesel Plant
Mission Signs Biodiesel Contract with Global Oil Major
Isuzu Commercial Trucks Now Powered by B20 Biodiesel Blends
BIOFUEL USE
ASTM Aviation Fuel Standard Now Specifies Bioderived Components
Luftansa Began Regularly Scheduled Flights Using Neste Oil’s Renewable Aviation Fuel
Terrabon Inc. Awarded $9.6 Million by Logos Technologies to Produce 6,000 Liters of Renewable Jet Fuel for the Defense Advanced Research Projects Agency (DARPA)
BioJet Supports Aviation Biofuel Approval with One Billion Gallon Availability
Solazyme Lauds ASTM International’s Historic Approval of Algae Based Biofuels for Aviation
World’s Top Eco-Car Wins Using Ethanol Inbicon Makes from Straw
Pacific Pride, Quality Petroleum Open First GreenFuel Center in Tarrant, AL for Commercial Fleets
Gevo Proceeds to Next Stage of ASTM Biojet Fuel Testing
Air Transport Association Recommends Actions to Help Ensure the Viability of Alternative Jet Fuels
ASBTA Urges Biofuel Conversion by Airlines to Keep Small Businesses Traveling and Growing
Amyris to Supply Rio de Janeiro Busses with Renewable Diesel from Sugarcane
Neste Oil Commits Itself to 2020 Targets for Aviation Biofuels
FINANCIALS
Amyris
The Andersons
Aventine Renewable Energy Holdings
BioFuel Energy
China Clean Energy
FutureFuel
Green Plains Renewable Energy
Lignol
Mission NewEnergy
Pacific Ethanol
Praj
Solazyme
Southwest Iowa Renewable Energy
Valero Energy
Viaspace
COMPANY NEWS
AE Biofuels Announces Acquisition of Industrial Biotechnology Company Zymetis
Enerkem Announces Total Financing Reached C$88 Million in 2011
OrginOil to Up-List Shares to Trade on a Senior U.S. Securities Exchange
KiOR, Inc. Announces Closing of Initial Public Offering
Pacific Ethanol, Inc. Amends Senior Convertible Notes Terms
Dynamotive and Genting Bio-Oil to Explore Partnership in South East Asia
GreenShift Announces Reverse Stock Split
GreenShift Receives New Corn Oil Extraction Patent
GreenShift and Advanced BioEnergy Enter into License and Installation Agreement
ICM, Inc. Continues to Offer Oil Extraction Alternatives
Eco-Energy and Glacial Lakes Energy Announce Exclusive Marketing Agreement
Easy Energy Systems Hires Executive Team as Waste to Ethanol Company Prepares for Rapid Growth and More than 400 New Employees across the United States
Load Toad™ Technology Now Available to All Ethanol Producers
OrginOil Selects Award Winning Engineering Firm for Product Rollout
Enerkem Total Financing Reached US$90 Million in 2011
PROJECT NEWS
INEOS Bio JV Closes $75 Million in Private Financing under USDA Loan Guarantee Program for Advanced BioEnergy Center in Florida
DOE Offers Conditional Commitment for a $105 Million Loan Guarantee for First of a Kind Cellulosic Biorefinery in Iowa
Coskata Signs Letter of Intent for the Engineering, Procurement and Construction of its First Commercial Facility
Aventine Announces Reopening of Aurora East Plant
Praj Contracted a US$ 22 Million Ethanol Plant Order in Colombia
World’s First Certified Mill Reinforces Brazilian Sugarcane Industry’s Commitment to Sustainability