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Biodiesel News For 05-Apr-2008

Blue Sun Biodiesel Raises Capital: Closes $3 Million Unsecured Term Loan (PR Newswire via Yahoo! Finance)
Blue Sun Biodiesel recently closed on an unsecured $3 million dollar loan. The loan was made by a private individual. Blue Sun is also in the process of finalizing a separate credit instrument to support continued infrastructure development.

Future of biodiesel uncertain (Bucyrus Telegraph-Forum)
The new $63 million Biodiesel plant in Algona, Iowa, is a "great, big, beautiful facility," says Kenneth Clark, board president of owner East Fork Biodiesel LLC. The plant also is idle.

Biodiesel-fueled buses traverse Gloucester County (13 News, WVEC Hampton Roads)
GLOUCESTER CO. -- Two years ago Gloucester Co. decided to test alternative fuels on 20 of its school buses. Now all of its buses are running on biodiesel that?s made right outside Hampton Roads.

Michigan Schools Embrace Wind Power, Biodiesel (NPR)
A rural school district in Michigan has gone green. One school powers itself with wind turbines, and students soon will press oil from soybeans and sunflowers for biodiesel. The district's efforts are saving money -- and preparing kids for green careers.

BUSINESS TRENDS: Biodiesel industry suffers cutbacks (Courier-Post)
Signs of distress in the biodiesel industry are visible across the country with idle plants, reduced production and dwindling investment.

Oregon State works to turn algae into biodiesel (High Plains Journal)
PORTLAND, Ore. (AP)--"Pond scum" biodiesel? There are plenty of nicknames for algae, but it is one of the more plentiful natural crops in the world, and now it is being considered as a potential fuel source.

50% CO2 reduction from home-grown biodiesel (Scoop.co.nz)
High-quality Biodiesel from oilseed rape, grown and produced in the South Island by Biodiesel New Zealand, is sustainable, emitting around 50% less carbon dioxide over its life cycle than mineral diesel. This exceeds the 35% criteria proposed by the Parliamentary Commissioner for the Environment.

 

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