December 9, 2013
“We are extremely proud to have achieved this production milestone. Our team has worked tirelessly over the last six months to commission the plant and scale production. This is a testament to our employees’ high level of expertise and dedication to our mission,” said Gus Kellogg, Founder and COO of Greenleaf. Added Mark McCall, CEO of Greenleaf, “We have been driving towards this day since we began commercial production. I am extremely proud of our entire team. We look forward to increasing our production further with a goal of exceeding 1 million gallons per month next year.”
Senator Richard Blumenthal, the Senior Senator from Connecticut said, "I congratulate Greenleaf Biofuels for producing its 1 millionth gallon of biodiesel. The company is assisting our nation in becoming more energy efficient and environmentally friendly, and creating much needed clean energy manufacturing jobs in Connecticut. Greenleaf is a tremendous asset to our state and our nation."
Senator Chris Murphy added, “Connecticut is proving resilient in finding new economic drivers that support manufacturing jobs in our state, while at the same time supporting our national policy of increasing the supply of domestically produced renewable fuels. Greenleaf is a great example of a public-private partnership that delivers on the promise of economic growth and policy objectives. I applaud this milestone and look forward to additional growth in this important sector of our economy.”
“Congratulations to Greenleaf on this great achievement,” Connecticut Congresswoman Rosa DeLauro said. “They have taken aggressive steps to make biofuels available to more people in the northeast and it is great to see that paying off. Greenleaf has made more environmentally-friendly energy production a priority, while creating more jobs for Connecticut workers. I am proud that they call New Haven home.”
State Senator Martin Looney thanked the company for helping to revitalize New Haven Harbor, one of the city’s unique economic features and the state’s largest port. “Through Step-Up and the Small Business Express programs, the state has been able to partner with Greenleaf to grow jobs and train new workers.” “The fact that Greenleaf has produced over one million gallons of cleaner-burning biodiesel, having only broken ground two years ago on this brand new facility, is a great achievement for the company and demonstrates the success of our state’s biofuels policy,” added State Senator Ed Meyer.
December 4, 2013
The Iowa Renewable Fuels Association (IRFA) today announced that third quarter sales of E85 in Iowa were the second highest on record, doubling first quarter 2013 numbers. Iowans purchased more than 3.61 million gallons of E85 in the third quarter of 2013, nearly double the 1.83 million gallons of E85 purchased in the first quarter of 2013 and up from the 2.62 million gallons of E85 sold in the second quarter, according to Iowa Department of Revenue data.
“These astounding third quarter sales numbers prove the federal Renewable Fuel Standard (RFS) was working, but now the EPA is trying to pull the rug out from underneath us,” stated IRFA Executive Director Monte Shaw. “During the third quarter, Iowa motorists using E85 routinely saved $1.00 per gallon compared to regular gasoline. But when the EPA announced their proposal to gut the 2014 RFS numbers, they gutted the incentive for retailers to promote low-cost E85. We saw the E85 price savings pull back, and it won’t be surprising if fourth quarter E85 sales taper off as well.”
The IRFA recently launched a wholesale E85 price reporting service to promote greater transparency for retailers and distributors of E85 in order to aid retailers in supplying their customers with the lowest-cost E85 available.
The IRFA publishes Monday’s wholesale E85 prices every Tuesday at http://iowarfa.org/E85PastPriceProgram.php. E85 suppliers wishing to have their price posted should contact T.J. Page with the IRFA at 515-252-6249 or tpage@IowaRFA.org. To be eligible for listing, the supplier's price must: be publicly posted elsewhere; be available to any retailer or supplier; not be restricted by gallonage caps. E85 is defined in state law as a blend of between 70 and 85 percent ethanol with gasoline.
Iowa is the leader in renewable fuels production. Iowa has 42 ethanol refineries capable of producing over 3.8 billion gallons annually, with three cellulosic ethanol facilities currently under construction. In addition, Iowa has 12 biodiesel facilities with the capacity to produce nearly 315 million gallons annually.
The Iowa Renewable Fuels Association was formed in 2002 to represent the state’s liquid renewable fuels industry. The trade group fosters the development and growth of the renewable fuels industry in Iowa through education, promotion, legislation and infrastructure development.
December 3, 2013
North Carolina Governor Pat McCrory and Commerce Secretary Sharon Decker announced today that Biochemtex will be locating its new cellulosic biofuels production operations in Sampson County. The company and its partners plan to create 65 new jobs and invest approximately $200 million over the next three years.
“Biochemtex’s decision is further proof that the biofuels industry is positioned for growth across our state,” said Governor McCrory. “We have the qualified talent, strong business climate, and attractive quality of life that companies need to succeed. We also have the agricultural capacity and flexibility to provide profitable energy crop options for North Carolina farmers and cost advantaged cellulosic feedstocks for Biochemtex and the advanced biofuels industry.”
Biochemtex is a global technology solution provider specialized in biofuels and renewable chemicals. Biochemtex will operate in North Carolina as Carolina Cellulosic Biofuels, which was established in early 2013 as a Special Purpose vehicle for delivering the first commercial scale cellulosic bio-refinery utilizing purpose grown energy crops in North America. This new plant will produce 20 million gallons per year of cellulosic biofuel from locally grown energy crops, agricultural residues, and woody biomass.
“Cellulosic Biofuels development is bringing new jobs to eastern North Carolina,” said Secretary Decker. “Governor McCrory and I are committed to partnering with companies like Biochemtex to create jobs right here in Sampson County and throughout rural North Carolina.”
Salaries will vary by job function, but the average annual wage for the new jobs will be approximately $47,000 plus benefits. The Sampson County average annual wage is $30,822.
“Biochemtex is excited to bring our PROESA technology platform and our partners to eastern North Carolina," said Guido Ghisolfi, CEO and owner of Biochemtex. “We’ve already engaged with regional farms and farmers for the supply of energy crops and we see great opportunity for growth and additional projects where regional infrastructure matches need.”
The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $300,000. The One NC Fund provides financial assistance, through local governments, to attract business projects that will stimulate economic activity and create new jobs in the state. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds. These grants also require and are contingent upon local matches.
“Biochemtex and various state organizations have worked long and hard on this major development utilizing sustainable new technologies and cellulosic energy crops and I’m thrilled to have the new jobs, corresponding agricultural demand and capital investment for eastern North Carolina,” said Senator Brent Jackson.
“I applaud the hard work that was done at making this jobs announcement a reality,” said Representative Larry Bell. “Our job-ready workforce will serve Biochemtex well, and together we will boost Eastern North Carolina’s economy.”
Other partners that helped with this project include: the N.C. Department of Commerce, N.C. Community Colleges, Sampson County Economic Development Corporation, Sampson County, City of Clinton, N.C. Department of Agriculture, NCSU – N.C. Cooperative Extension and the Biofuels Center of North Carolina.
June 13, 2011
VEGA BIOFUELS, INC. announced today that the Company has secured the necessary funding to proceed with its plan to build a green energy bio-coal manufacturing plant in Cordele, GA.
Vega has entered into a Loan Agreement with a group of its existing shareholders that will provide the Company with the necessary funding needed for various expenses associated with the design and construction of the proposed South Georgia manufacturing plant. Funding is in the form of a five hundred thousand dollar line of credit and allows the Company to draw on those funds as needed moving forward.
Vega recently announced plans to build a manufacturing plant in South Georgia that when completed will produce green energy bio-coal for use in existing coal fired power plants around the world. The manufacturing plant will be located in Cordele, Georgia.
"This is a very important first piece of our overall funding plan," stated Michael K. Molen, Chairman/CEO of Vega Biofuels, Inc. "There are a lot of expenses associated with the planning and development of a project of this magnitude. First funds are always the most difficult to find. These funds will allow us to move forward with our plans without having to dilute our securities by conducting a Private Placement. We appreciate the confidence our shareholders have in what we are doing. We will have more information concerning additional funding for the project as we move forward."
The Company made the decision to locate the biomass manufacturing plant in Crisp County after members of it management team met with the Crisp County Industrial Development Council (IDC) earlier this year to discuss their assistance with locating a site for the plant, tax abatements, and various job credits available to Vega if the Company located its plant in their county.
May 17, 2011
Propel Fuels announced today the grand opening of its first renewable fueling station on the Peninsula, located in the company's hometown of Redwood City, CA. Soaring gas prices have increased consumer demand for Propel renewable fuels, with sales up across all of the company's California locations. Propel will continue to build stations on the Peninsula increasing access for consumers and fleets across the company's Bay Area network.
"People feel powerless in the face of rising gas prices. Beginning today, we're providing drivers on the Peninsula something they've never had -- true choice at the pump. We're offering a way to make progress towards reducing our nation's dependence on petroleum fuel and the carbon emissions from our vehicles," said Matt Horton, CEO of Propel. "We are proud to have Redwood City, site of our company headquarters, be our first station here on the Peninsula, as the city and local business community have been amazingly supportive."
Propel, the West Coast's leading retailer of E85 Flex Fuel and biodiesel, is focused on building the infrastructure that is the critical link between consumers and renewable fuels. As construction begins on advanced biofuel production facilities across the state, Propel's network of stations will connect California drivers with the next generation of low carbon fuels made from non-food sources such as agricultural byproducts and household waste. The company operates its Clean Fuel Points (stations) throughout California and Washington State, with more than 75 sites planned across California over the next year. There are more than 20 million alternative fuel capable vehicles (1 million in California alone) on America's roads today; however the majority of them do not have convenient access to renewable fuels.
To show support for expanding access to renewable fuels, Propel was joined today by Redwood City Mayor Jeff Ira, Jack Broadbent, Executive Officer of the Bay Area Air Quality Management District, Redwood City and San Mateo County fleets, and the latest in renewable fuel vehicle technology from General Motors and Mercedes-Benz.
"Propel is a perfect example of the type of company we're looking to attract here in Redwood City," said Mayor Jeff Ira. "We're very proud to be the home of such a forward-looking company that is poised to do great things for the economy and environment in California."
"Motor vehicles are the largest source of air pollution in the Bay Area," said Jack Broadbent, Executive Officer of the Bay Area Air Quality Management District. "Carpooling, keeping your car tuned, and using lower-carbon fuels is something many drivers can do now to help reduce air pollution."
Propel's newest station is co-located at the Redwood City Valero station at 503 Whipple Avenue (at the intersection of Whipple Avenue and Veterans Boulevard) in Redwood City (Map). The green-built station makes it convenient for consumers and fleets to fuel their vehicles with clean, low carbon, American-made fuels. As part of the opening celebration on May 17-20, Propel will provide Redwood City drivers and fleets ten dollars of free E85 Flex Fuel or Biodiesel. The free fuel promotion encourages local drivers to experience filling with clean, quality certified, renewable fuels.