Jatoil report progress towards jatropha oil production

Jatoil’s first shareholder newsletter indicates they are making progress with their plans to become a major jatropha oil producer. They’ve bought a controlling interest in an Indonesian company who is already planting jatropha, are setting up a joint venture in Vietnam and the price of crude jatropha oil is looking positive.

Enffue expands into Australia

Enffue is a brand owned by Carotino Sdn Bhd, a vertically integrated Malaysian palm oil company that produces biodiesel. On the surface that doesn’t mean much to Australians but when you dig a little deeper you realise SAFF is most likely going to be rebranded to Enffue.

High palm oil prices halt USD5.5 billion Indonesian biodiesel plan

Bloomberg are reporting that Indonesian palm oil growers including PT Sinar Mas Agro Resources and Technology and China National Offshore Oil Corp. are halting or amending a USD5.5 billion biodiesel plan after the recent increases in palm oil prices made the rendered the projects no longer viable.

New biodiesel plant approved in Tasmania

The ABC is reporting that Tasmania’s first biodiesel plant has been approved, to start operating as early as July. The Macquarie Oil Company will spend half a million dollars on a specially designed facility in Cressy, in Tasmania’s Northern Midlands.

Natural Fuel signs up for jatropha oil for its Singapore biodiesel plant

Natural Fuel has announced that it has completed an agreement with GEM BioFuels for the supply of crude jatropha oil feedstock for its Singapore biodiesel facility. GEM Biofuels will initially supply NFL with 2.5% of its Singapore facility production requirements, with supply increasing year on year as its jatropha plantation program in Madagascar develops.

American Stock Exchange moves to delist O2Diesel

O2Diesel Corporation has received notice that the American Stock Exchange (AMEX) determined that the Company has failed to make progress consistent with its previously approved plan of compliance. AMEX intends to proceed with an application to the Securities and Exchange Commission to remove the common stock of O2Diesel from listing and registration on AMEX.

Agri Energy shares suspended from trading on the ASX

Agri Energy, the biofuels company that backed away from developing ethanol plants in Victoria and New South Wales in October 2007, has requested suspension of trading on the Australian Stock Exchange.

Furafuel process turns biomass into bio-crude

The CSIRO and Monash University have developed a chemical process that turns green waste into a stable bio-crude oil. The bio-crude oil can be used to produce high value chemicals and biofuels, including petrol and diesel replacement fuels.

Victorian Government committee prefers natural gas to biofuels

On 07 Feb 08 the Victorian Parliament’s Economic Development and Infrastructure Committee tabled its final report on the Inquiry into Mandatory Ethanol and Biofuels Targets in Victoria. The key recommendation of the Committee is that the Victorian Government not introduce a
mandatory target for biofuels use at this time.

The biodiesel energy balance debate continues

University of Idaho researchers say “flawed information” is fueling the debate about biodiesel energy balance. Biodiesel Energy Balance is a short analysis produced by Jon Van Gerpen and Dev Shrestha from the University of Idaho Department of Biological and Agricultural Engineering.