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Industry Leading News And Insights From World Energy

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  • 01/25/2017

    A 20-Year-Old Startup

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    From the Winter 2017 print edition of Biodiesel Magazine, Gene Gebolys, the founder and president of World Energy, takes us on his and World Energy's fantastic journey through the ups and downs of biodiesel over the past 20 years. …
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  • 01/25/2017

    Houston biodiesel plant begins operating at full capacity

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    World Energy Biox Biofuels LLC, a 50/50 joint venture between World Energy and Biox, has completed commissioning of its 90 MMgy biodiesel facility in Houston, Texas. The plant was purchased by the JV in summer 2016 and began operating at full capacity in December. …
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  • 08/31/2016

    WORLD ENERGY ACQUIRES 72 MILLION GALLON BIODIESEL PRODUCTION FACILITY

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    Company advances buildout of recently announced Houston Ship Channel based production and distribution initiativesBOSTON, August 31, 2016 - World Energy, today announced that it has acquired from Elevance Natchez, Inc (ENI) that company’s 72 million gallon per year biorefinery located on the Mississippi River in Natchez, MS.World Energy has been supplying BQ9000 certified biodiesel from the plant under a production contract with ENI since January 2013. The plant is currently fully staffed and in full operation. Customers, employees, suppliers, and the Natchez community can expect little change in the transition to new ownership. …
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  • 06/28/2016

    BIOX AND WORLD ENERGY ANNOUNCE JOINT VENTURE ACQUISTION

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    TORONTO & BOSTON, June 28, 2016 - BIOX Corporation (“BIOX”) (TSX: BX) and World Energy, today announced a 50/50 joint venture to acquire and operate a 90 million U.S. gallon (USG) (341 million litre) biodiesel production facility in Houston, Texas. Each company has committed US$10 million to the World Energy BIOX Biofuels joint venture. The facility, formerly known as Green Earth Fuels, is located within the Kinder Morgan Liquids terminal on the Houston Ship Channel and is the third largest biodiesel production facility in North America. The plant acquisition is scheduled to close by the end of June. Plant commissioning and start-up will ramp up over the third quarter of the year. “This joint venture with World Energy and the acquisition of a 90 million USG facility provide BIOX an opportunity to significantly expand and diversify our production capacity in combination with a high quality partner. It is a large scale asset that is well positioned to supply biodiesel for compliance with the Federal Renewable Fuel Standard in the U.S. market,” said Alan Rickard, Chief Executive Officer of BIOX. “As we see the distribution of our products from our facilities in Ontario shifting from the U.S. market to fulfill the mandates under Ontario’s Greener Diesel initiative, this acquisition provides us with a strategically positioned production facility from which we can address the U.S. market in partnership with World Energy. World Energy’s approach to sales & marketing is aligned with ours, as trusted producers and marketers that leverage their expertise, experience and relationships in the industry to provide optimal value to clients.” “World Energy and BIOX have been biodiesel industry pioneers dating from the very beginnings of the industry,” said Gene Gebolys, Chief Executive Officer of World Energy. “This venture enables us to lever our collective strengths to serve customers better than ever before with unparalleled logistical access by rail, truck, barge, ship, and pipeline to the biggest biofuels markets in the U.S. and beyond …
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  • 08/17/2015

    Thirty-Six Senators Call for Biodiesel Growth

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    WASHINGTON – Thirty-six U.S. senators from across the country urged the Obama administration Monday to strengthen biodiesel volumes in a pending Renewable Fuel Standard (RFS) proposal from the EPA.“While the proposal is a positive step for biodiesel, we remain concerned that the proposed biodiesel volumes for 2016 and 2017 fail to adequately recognize the domestic biodiesel industry’s production capacity and its ability to increase production,” the senators wrote in a letter to EPA Administrator Gina McCarthy and other administration officials. “Biodiesel is the first EPA-designated advanced biofuel under the RFS to reach commercial scale production nationwide. It is exceeding the goals that Congress envisioned when it created the RFS with bipartisan support in 2005, while creating jobs, generating tax revenues, reducing pollution, and improving energy security. We urge you to support continued growth in the domestic biodiesel industry by making reasonable and sustainable increases in the biodiesel volumes for 2016 and 2017 in the final rule.” …
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