• 4 minutes End of Sanction Waivers
  • 8 minutes Balancing Act---Sanctions, Venezuela, Trade War and Demand
  • 11 minutes Mueller Report Brings Into Focus Obama's Attempted Coup Against Trump
  • 14 minutes What Would Happen If the World Ran Out of Crude Oil?
  • 6 hours US Military Spends at least $81 Billion Protecting OPEC Persian Gulf Oil Shipping Lanes (16% DoD Budget)
  • 25 mins Populist Surge Coming in Europe's May Election
  • 1 hour New German Study Shocks Electric Cars: “Considerably” Worse For Climate Than Diesel Cars, Up To 25% More CO2
  • 10 hours "Undeniable" Shale Slowdown?
  • 7 hours Saudi Arabia Says To Coordinate With Other Producers To Ensure Adequate Oil Supply
  • 13 hours China To Promote Using Wind Energy To Power Heating
  • 13 hours Climate Change Protests
  • 10 hours Gas Flaring
  • 6 hours Don't Climb Onto the $80+ Oil Price Greed Roller Coaster, Please.
  • 10 hours How many drilling sites are left in the Permian?
  • 4 hours Liberal Heads Explode as U.S. Senate Confirms Oil Lobbyist David Bernhardt as Interior Secretary
  • 13 hours Overheating the Earth: High Temperatures Shortened Alaska’s Winter Weather
Alt Text

The Overlooked Downside Of Ethanol

Ethanol is known to damage…

Alt Text

U.S. Poised To Ease Biofuel Quotas

Though biofuel technology is moving…

Jen Alic

Jen Alic

 

More Info

Trending Discussions

Investment Boost for Next Generation Biodiesel Project

Japanese-based Itochu Corp., Texas-based Benefuel, and Flint Hills Resources Renewable LLC have launched a joint venture to produce biodiesel fuel from inedible feedstocks in Nebraska, targeting production of 50 million gallons a year.

On 23 May, Itochu Corp. and its subsidiary Itochu Enex Co. announced they would invest in the Benefuel-Flint Hills Resources Renewables next generation biodiesel venture, though financial information has not been released. Itochu has been a strategic partner and investor in Benefuel since 2011.

Benefuel claims to have breakthrough technology that converts oil and fat and free fatty acids (FFA) into biodiesel fuel in a single step, making the process much more cost effective.

Related Article: Waste Wood: Norway Taps into a Huge Source of Biomass Fuel

Benefuel’s patented ENSEL refining technology could improve profitability and reduce resource consumption and waste. The facility intends to produce 5% of ALL biodiesel production in the US.

ENSEL has been validated independently by FHR and Itochu at two separate 1 ton per day demonstration facilities.

“As a result of our year-long demonstration experiment in Japan with our partner company, we are confident of the enormous advantage of the ENSEL technology over conventional biodiesel production methods,” said Yasushi Kiyobayashi, deputy general manager of the corporate development department at Itochu Corp.

By. Jen Alic of Oilprice.com




Download The Free Oilprice App Today

Back to homepage

Trending Discussions


Leave a comment
  • SA Kiteman on May 29 2013 said:
    For the kind of money companies are wasting on biofuel they could solve the entire energy problem using Liquid Fluoride Thorium Recyclers.

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News