Industry News

05.12.08

President Bush Threatens Farm Bill Veto

US President George W. Bush says he will veto the five-year, $300 billion farm b...

05.09.08

India Bans Futures Trading of Four Commodities

Late yesterday, commodity markets regulator, Forward Market Commission, banned I...

05.08.08

Germany to Sign Biofuel Pact With Brazil

Germany’s Environment Minister returned from a visit to Brazil saying his countr...

05.07.08

2007 Renewable Energy Investments Reach $100 Billion

High oil prices and an array of government incentives are leading to soaring rat...

05.06.08

Biodiesel Extracted From Wild Sesame Tree

Vietnamese scientists have managed to extract biodiesel from the seeds of wild s...

05.05.08

Firm Invests $500 Million in Green Technology

Venture capital firm Kleiner Perkins Caufield and Byers has raised $500 million ...

05.02.08

$2.2 Billion Canadian Biofuel Bill Expected to Pass

Canada's $2.2 billion biofuel package now before the House of Commons is expecte...

05.01.08

President Bush Reiterates Support For Biofuels

During a Rose Garden news conference on the economy, US President George W. Bush...

04.30.08

Tyson Foods Urges End To US Ethanol Traiffs

Dick Bond, President and Chief Executive of Tyson Foods said that Congress shoul...

04.29.08

Merrill Lynch Sees Biofuels Growth

In a new report on biofuels, Merrill Lynch is upbeat, saying biofuels are set to...

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Indonesian Biodiesel Industry Says It Is Struggling

03.20.08

Indonesia’s biodiesel industry is dealing with imposition of a 2% export tax on biodiesel, delays in mandating the use of biodiesel, and a reduction in the mandated national bio-diesel blend from 5% to 2.5%, according to the Indonesia's Association of Biofuel Producers.

Last year, Indonesia unveiled a plan to become a hub for biofuel production and secured 58 production agreements worth $12.4 billion. To date, only nine biodiesel plants have been built and only four are operating, because of high feedstock costs. The four operating plants, with combined annual capacity of 810,000 mt, are at 15% of capacity.



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