Biofuel production and other alternative fuel updates.
Aug. 19–Indiana Gov. Mitch Daniels last month lauded his state’s first biodiesel plant, and Boone County businessman Garland Middendorf was on hand at his Wolf Lake Terminals complex in Hammond, Ind., to applaud his company’s decision to own a piece of it. The plant, owned by Evergreen Renewables LLC, cost $10 [...]
Feb. 25–Helping to protect the environment doesn’t have to be complicated. It can be as easy as cooking french fries, provided the vegetable oil is then converted to biodiesel fuel. This summer, Randolph-Macon Woman’s College plans to start converting frying oil from its dining hall to biodiesel, an environmentally friendly alternative [...]
Diversa successfully sold its $100 million offering of convertible senior notes with a full execution of a $20 million over-allotment option despite fair arguments as to the risk of the San Diego based company’s bid to merge with Celunol. A major stakeholder in Diversa, and now the company’s own auditor, have [...]
Aug. 19–State grants totaling about $800,000 are going to several Wisconsin companies and non-profit organizations that will use the money to help finance renewable energy products, Gov. Jim Doyle said Friday. The grants, which range from $45,000 to $260,000 apiece, are part of a “declaration of energy independence” that Doyle announced [...]