BIOFUELS/ETHANOL WORLD MARKET
UPDATE
May 2012
TABLE OF CONTENTS
INDUSTRY NEWS
Global Biofuel Production Needs to Double: IEA
E15 Clears Final Federal Hurdle with Fuel Survey Initiation
New University Study Says Ethanol Reduced Gas Prices by More than $1 per Gallon in 2011
Biofuels are the Long-Term Solution to Gas Prices: BIO says
Energy Department Announces up to $15 Million to Research Biomass-Based Supplements for Traditional Fuels
Agriculture Secretary Vilsack Urges Petroleum Companies to Increase Adoption of American Made Renewable Energy
American Biofuel Industry Moves from the Beaker to Barrel, ABFA President Testifies to Congress
Six Trade Associations File a Motion in Support of EPA’s Renewable Fuel Standard
ACE Responds to API E15 Infrastructure Concerns
The Military’s Commitment to Biofuels and Alternative Energy is a National Security Imperative, BIO Says
The BioBusiness Alliance of Minnesota Releases Roadmap for Minnesota’s Advanced Biofuels and Biobased Chemicals Industry
Oil Incumbents Building Empires to Dominate Biofuels and Other Alternative Fuels
CME Group Adds Ethanol to Expanded CBOT Grain and Oilseed Trading Hours on CME Globex
TECHNOLOGY NEWS
ThermoEnergy’s Sugar Recovery System Meets Key Environmental Demands
Codexis Awarded Biofuels Enzyme Patent
OrginOil’s Algae Technology May Help Clean up Wastewater from Oil and Gas Operations
GreenShift Receives Fifth Corn Oil Extraction Patent
Proterro Meets Key Productivity Milestones for Clean, Fermentation-ready Sugar Feedstock in its Lab and at Independent Greenhouse Test Sites
Arisdyne Systems Awarded Second Patent on Ethanol Yield Improvements Using Low Energy
FEEDSTOCKS
USDA Expects 75 Year High Corn Acreage in 2012
Ceres Sweet Sorghum Hybrids Processed by Amyris
TMO Renewable Expands Production of 2G Ethanol with Cassava Stalk
FuturaGene Starts Final Brazilian Field Trial for Yield Enhanced Eucalyptus Plantations
CELLULOSIC
DuPont Engages Fagen on its Way to Commercializing Cellulosic Biofuels
Exceptional Jet Fuel Produced from High-Quality Cellulosic Sugars
Aquaflow Poised to Fire up Next Generation Biofuels Refining in New Zealand
Shengquan and Novozymes in Partnership to Commercialize Cellulosic Ethanol
ALGAE
Algae.Tec Announces Commencement of Australian Advanced Biofuels Facility Commissioning
OriginOil and Algasol Renewables to Develop an Integrated Algae Growth and Harvesting System
BIODIESEL
EPA Releases March Biodiesel Production Volume
Honeywell Green Diesel™ to be Produced from Bio Feedstocks in U.S. Facility
Neste Oil Sold its First Batch of NExBTL Renewable Diesel to the U.S. Market
HERO BX Adopts Arisdyne’s Oleochemical Cavitation System to Reduce Biodiesel Catalyst Consumption and Lower Monoglycerides Following Two Month Test
Neste Oil Produces Premium-Quality NExBTL Renewable Diesel from Waste Fat Sourced from the Fish Processing Industry
LS9 Announces Florida Plant Grand Opening and Receives $4.5 Million from Florida Opportunity Fund
BIOBUTANOL
Butamax™ and Fagen Announce Collaboration to Retrofit Ethanol Plants for Biobutanol Production
Cobalt and the Naval Air Warfare Center Team Up to Produce a Renewable Jet Fuel from Bio N-Butanol
Butamax Granted Core Patent for Making Biobutanol and Distillers Grains
Butamax Expands Early Adopters Group as Two New Ethanol Producers Join for Early Access to Biobutanol Production
Gevo Dismisses Butamax Patent Infringement Lawsuit
USPTO Orders Re-examination of Gevo “AFT” Patent 8,017, 376 and Butamax Requests Re-examination of Gevo “GIFT” Patent 8,101,808
USPTO Affirms Gevo’s Request for Re-examination of Butamax Patent
Gevo Granted Critical Patent Enabling Commercially Viable Yields of Isobutanol Production from Yeast
BIOFUEL USE
Honeywell Green Jet Fuel™ to Power Flights Using New Biofeedstock Specifically Designed for Biofuel Production
Eco-Energy to Develop Ethanol Unit Train Facility in Atlanta, GA Market
Gevo and VP Racing Fuels Announce Collaboration to Develop and Commercialize Specialty Fuel Blends
Raizen North America Awarded Biofuel Sustainability Certification at Vopak Terminal Deer Park, by Intertek
FINANCIALS
The Andersons
Aventine Renewable Energy
BioFuel Energy
Ceres
Dyadic International
Gevo
Green Plains
KiOR
Lignol
Pacific Ethanol
Renewable Energy Group
Rentech
Solazyme
Southwest Iowa Renewable Energy
COMPANY NEWS
Iogen Energy to Refocus its Strategy and Activities
Mascoma and Lallemand Ethanol Technology Announce Commercial Agreement with Pacific Ethanol for Drop-In MGT™ Yeast Product and Commercial Roll-Out Progress
Lakeside Energy and American Securities Take Equity Stake in InEn Tec Inc.
Eco-Energy and Quad County Corn Processors Cooperative Announce Ethanol Marketing Agreement
Inventure Renewables and Inventure International Close $5 Million Round with Lead Investor Wilmar International
Pure Biofuels del Perú, SAC Announces Management Buyout by Pegasus Capital Advisors
PROJECT NEWS
The Andersons Finalizes Purchase of Iowa Ethanol Plant
High Plains Gas, Inc. Awarded Contract for Ethanol Facility
Aemetis Celebrates One Year Anniversary of Ethanol Production Facility in Keyes, CA
Solazyme and Bunge Form Joint Venture for Commercial Scale Renewable Oil Production Facility in Brazil
Novozymes Partners with Danish Biorefinery Project