Source: Biofuels International VeraSun Energy, one of the US’ largest ethanol producers, has announced its financial results for the three months ended June 30 2008, showing a 499% increase in revenues over Q2 2007, to $1.015 billion (€682 million). The company also generated earnings of $.15 per diluted share. EBITDA for Q2 2008 [...]
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Source: Biofuels International The cassava-based ethanol will be sold at Vietnamese petrol stations PetroVietnam is setting up a new company to manage its biofuel production and distribution. The new company, PetroVietnam Biofuel Joint Stock, will have an initial capital of about $2.7 million (€1.8 million). The new company will produce ethanol from [...]
Filed under: Other Southeast Asia Countries | Leave a Comment »
Source: Biofuels International Finland-based energy company St1 and independent petroleum company Marquard & Bahls will establish a joint venture to produce bioethanol from waste in Europe. The final agreement is expected at the beginning of next year. The parties are planning to establish a company to use St1′s Etanolix-technology to produce bioethanol from [...]
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Source: Biofuels International Basic Energy, formerly Basic Petroleum, is partnering with Metro Pacific Investments Corp (MPIC) for a P6-billion (€90 million) ethanol project in the Philippines. The two companies are assessing plans for a joint venture company that will engage in the production of ethanol and other alternative fuels. A due diligence [...]
Filed under: Philippines | Leave a Comment »
VANCOUVER, Aug. 18, 2008 (PRNewswire) – After two years of biomass gasification testing at the company’s Product Development Centre in Kamloops, BC, Nexterra Energy Corp. (www.nexterra.ca) has confirmed that renewable synthesis gas, or “syngas”, produced by its gasifier has the ability to displace at least 60 per cent of fossil fuels used in lime kilns. [...]
Filed under: 2nd Generation Tech | Leave a Comment »
