BIOFUELS/ETHANOL WORLD MARKET
UPDATE
February 2012
TABLE OF CONTENTS
INDUSTRY NEWS
EIA Projects that Increased Oil, Natural Gas and Renewable Energy Production and Energy Efficiency Improvements will Reduce U.S. reliance on Imported Energy Sources
BP Forecasts Robust Global Energy Demand to 2030 despite Efficiency Gains
President’s 2013 Energy Budget Makes Critical Investments in Innovation, Clean Energy and National Security
Energy Secretary Chu Highlights All-of-the-Above Energy Strategy in Senate Budget Testimony
USDA Announces Funding for Two Renewable Energy Programs
Agriculture Secretary Vilsack Highlights U.S. Navy Biofuels Partnership at Pearl Harbor
EPA Decision on Study Clears Major Hurdle for Moving Higher Ethanol Blend to Market
American Coalition for Ethanol Says E15 Could Help Ease Rising Gas Prices
Ethanol Sales in South-Central Brazil Reach 1.29 Billion Liters in January
With an Eye on Brazilian Ethanol, Honduras Wants to Diversify its Energy Matrix
China-Nigeria Partnership Can Help Promote Internationalization of Ethanol
BP Biofuels Says the Technology Works, Rejects “Pixie Dust” Headlines
AFPM Warns of Adverse Effects of E15 Use
EPA Asks for Comments on Use of Palm Oil as a Feedstock
TECHNOLOGY NEWS
Fluor Awarded Biofuels Demonstration Plant by Joule Unlimited
Mascoma Implements Commercialization Strategy for Drop-In MGT™ Yeast Product to Improve Economics of Corn Ethanol Production
New IH2 Advanced Biofuels Plant Broadens Options for Converting Biomass into Transportation Fuels
Rosetta Green Has Successfully Improved Plant Growth under Intermittent Irrigation with Seawater
Verdezyne Secures Patent on Engineered Microorganisms
CELLULOSIC
POET and DSM to Make Advanced Biofuels a Reality by 2013
Advanced Cellulosic Biofuels Company Sundrop Fuels Selects Louisiana Site for Planned First Facility
Primus Green Energy Produces High-Octane, Renewable, Drop-In Gasoline
Enerkem and GreenField Ethanol Announce Quebec’s First Waste-to-Biofuels Production Facility
ZeaChem Selected for $232.5 Million USDA Loan Guarantee
SucreSource Signs GS Caltex…First Cellulose-to-Sugar Plant Sale and Partnership
Lignol Receives Approval of Four New Key Biorefining and Lignin Patent Applications
ALGAE
BioProcess Algae and Green Plains Break Ground on Five Acre Production Facility in Shenandoah, IA
OriginOil and Department of Energy to Develop Direct Conversion of Algae into Renewable Crude Oil for Existing Oil Refineries
Extreme Biodiesel to Produce Biodiesel from Algae Feedstock
Algae Producer Aquaviridis and OriginOil announce Joint Commercial Agreement
Microbubbles Provide New Boost for Biofuel Production
OriginOil Demonstrates Low-Energy Algae Appliance to National Algae Association
OriginOil Selects Frontline Engineering Australia to Provide Field Services for Asia-Pacific Customers
NEW FEEDSTOCKS
Celtic Renewable to Use Whiskey By-Products as Feedstock
Novozymes and Sea6 Energy Will Explore Biofuels from Seaweed
BIODIESEL
Biodiesel Production Breaks 1 Billion Gallon Mark
UPM to Build the World’s First Biorefinery Producing Wood-Based Biodiesel
Syntroleum Announces Dynamic Fuels and Mansfield Oil Relationship to Market Advanced Biofuels to Transportation Industry
New Partnership Helps Commercial Kitchens Recycle Trap Grease and Save Money
BIOFUEL USE
$950,000 Available for Blender Pump Installation
Synenergy Limited LLC and Allard Energy, Inc. to Revolutionize Medium-Scale Distributed Ethanol Fuel Refineries
Cool Planet BioFuels Announces Road Testing of Negative Carbon Gasoline Begins in California
Maersk Tests Soladiesel(RD)® in 6,500 Nautical Mile Commercial Voyage
BoatUS Asks: If Not Ethanol, Why Not Butanol?
W2 Energy Begins Second Generation Solar Bug
DISTILLERS GRAINS
New Low-Fat Distillers Grains Target Dairy Market
FINANCIALS
The Andersons
Neste Oil
Green Plains
COMPANY NEWS
KiOR Closes $75 Million Loan
LanzaTech Closes $55.8 Million Series C Round
Renewable Energy Group® Announces Pricing of Initial Public Offering of Common Stock
Enerkem Files for Proposed Initial Public Offering
PetroAlgae Changes Name to Parabel
National Clean Fuels Changes Name to Quantum International
Lignol Project Awarded $2.06 Million in Additional Funding from SDTC
With New Cellulosic Ethanol Joint Venture, POET to Decline DOE Loan Guarantee Before Drawing Funds
Arcis Resources Corporation Collaborates with Cetna Energy Partners, LLC to Market and Distribute Thermochemical Biofuels
Butamax™ Refutes Unfounded Allegations of Infringement
PROJECT NEWS
Agriculture Secretary Vilsack Announces Support for a New Advanced Biofuel Production Facility
Aventine Renewable Energy Holdings, Inc. Resumes Completion of Canton, IL, Ethanol Facility
Enerkem and GreenField Ethanol Announce Quebec’s First Waste-to-Biofuels Production Facility
GTL Resources Reduces Ethanol Output
Greenbelt Resources Corporation and Diversified Ethanol Contribute System to UF Biorefinery Pilot Plant
Southwest Iowa Renewable Energy, LLC to Pay $10,150 for Risk Management Plan Violations at Council Bluffs Ethanol Plant