EPA’s 2018 Renewable Fuel Targets Disappoint Producers
In Washington, the Environmental Protection Agency released its final Renewable Fuel Standard renewable volume obligations for 2018. The agency finalized a total renewable fuel volume of 19.29 billion gallons , of which 4.29 BG is advanced biofuel, including 288 million gallons of cellulosic biofuel.
As the Renewable Fuels Association explained: “That leaves a 15 BG requirement for conventional renewable fuels like corn ethanol, consistent with the levels envisioned by Congress in the 2007 Energy Independence and Security Act. The 2018 total RFS volume finalized today represents a minor increase (10 million gallons) over the 2017 standards, and a modest increase...
Insider View on REGI
by Debra Fiakas CFA Insider buying is not one of my regular screening criteria in selecting long plays in the small cap sector. However, to learn a chief executive officer has taken out his/her check book to buy shares in their company is influential. In November 2016, the CEO of biofuel producer Renewable Energy Group (REGI: Nasdaq) reported an increase in his stake in the company in recent months. With REGI shares just above the prices paid by the CEO just three months ago, it is timely to look more closely from the outside. In...
Waste Vegetable Oil: A Slick Way to Biofuel Your Portfolio
In August, I argued that Biodiesel stocks could be in trouble from more efficient ways to turn the oils and fats they use as feedstock into fuel, and concluded the article by saying that the likely winners are suppliers of oils and fats, not the processors. James Kingsdale, of Energy Investment Strategies has been thinking along the same lines. Last week he wrote an excellent overview of the major biofuels industries, including some stock picks. One of those stock picks was the diamond in the rough I wish I had known about when I wrote Biodiesel's Nightmare: Renewable Diesel...
Low Carbon Fuel Rules: From CAFE to LCFS and Everything In Between
The Whole Darn Low Carbon Landscape. How they Work, How they Work Together, and How they Might Work Better
by Joanne Ivancic, executive director, Advanced Biofuels USA
The Trump Administration is taking a new look at Obama Administration era Co2 regulations. On the transportation side, these include reviewing Corporate Average Fuel Economy (CAFE) standards; threatening to take away California’s authority to set their own mileage and pollution controls, including CO2 (carbon dioxide) emission reduction standards; and quarreling with the petroleum and biofuels industries over implementation and enforcement of the Renewable Fuel Standard (RFS).
Thus, the Clean Air Act (CAA), California’s unique authority...
Renewable Energy Group’s New CEO: C.J. Warner
by Jim Lane
In Iowa, white smoke has emerged from the Renewable Energy Group (REGI) conclave: Tesoro EVP and former Sapphire Energy CEO C.J. Warner has been named chief exec of Renewable Energy Group, at a pivotal moment for biodiesel in Washington and around the world and amidst a boom for renewable diesel like the world has never seen.
REG has been making good progress with Wall Street under interim CEO Randy Howard and its share price has been on the rise, and the plants have been humming along nicely churning out hundreds of millions of gallons of biodiesel and the liquid gold...
A Decade Of Unexpected Curves In The Bioeconomy
By Jim Lane
Over the years we’ve all seen a lot of curveballs in the advanced bioeconomy. You see companies like Valero, which lobby the United States Congress with unbridled intensity to get rid of the Renewable Fuel Standard, on the verge of becoming the single-biggest producer of RINs in the United States (with news that they might take capacity at Diamond Green Diesel up to 540 million gallons).
You see companies like Solazyme which love the Renewable Fuel Standard and drive up to nearly a billion-dollar post-IPO valuation based on delivering fuels at volume, then announcing that there are even...
Green Diesel At Scale
Jim Lane A now-complete 142 million gallon green diesel monster project will easily deliver big on renewable energy targets and greenhouse gas emissions reduction. But it also offers a material path to profits for its parents, Valero Energy and Darling International. In Louisiana, Darling International (DAR) announced that Diamond Green Diesel, the joint venture between Valero (VLO) subsidiary Diamond Alternative Energy LLC and Darling International , has reached mechanical completion and the startup process will lead to full production of renewable diesel. Once in full operations, the 9,300 barrel-per-day (142.5 million gallon) plant in Norco,...
FutureFuel, Present Buying Opportunity
Tom Konrad CFA FutureFuel Corp. (NYSE:FF) manufactures chemicals, biofuels (mostly biodiesel), and other biobased products. About 60% of revenues have historically come from the Chemicals unit, with the balance of 40% coming from the Biodiesel unit. Both units saw sharp declines in revenues over the last two quarters for reasons that seem likely to be temporary (at least in part.) The stock has sold off sharply as a result, falling from the $18-$21 range this spring to its $12 recent price Biodiesel The entire biodiesel industry has been suffering from the expiration of the biodiesel blender's tax...
List of Biodiesel Stocks
Biodiesel stocks are publicly traded companies whose business involves producing biodiesel made from oils and fats for use as a fuel diesel engines, either alone or blended with petroleum derived diesel. Common feedstocks include soybean oil, palm oil, and waste oils from the food industry. Biodiesel is the most widely produced and used advanced biofuel, and all biodiesel stocks are also biofuel stocks.
This list was last updated on 7/20/2022.
China Clean Energy Inc. (CCGY)
FutureFuel Corp. (FF)
Green Star Products, Inc. (GSPI)
Greenshift Corporation (GERS)
Methes Energies International (MEIL)
Neste Oil (NEF.F)
PetroSun, Inc. (PSUD)
RDX Technologies, Inc. (RDX.V)
If you know of any biodiesel stock that is...
The Low Sulfur Diesel Crisis of 2020 And How To Prevent It
“The global economy likely faces an economic crash of horrible proportions in 2020, not for want of a nail but want of low-sulfur diesel fuel,” writes renowned energy analyst Phil Verleger in a note this month titled “$200 Crude, the Economic Crisis of 2020, and Policies to Prevent Catastrophe”. Not good timing for a White House re-election effort if, as expected, the blame falls on lack of preparedness in the 2017-2020 run-up to the projected crisis..
It’s a dire scenario but there’s hard data behind it, and though few go as far as Verleger, almost every expert is warning of a...
Oh, No! Renewable Energy Group CEO Departs
Oh, No! Renewable Energy Group CEO Departs
Intirim CEO plans no strategy change
Jim Lane
In Iowa, Renewable Energy Group (REGI) announced that Dan Oh has resigned as President and Chief Executive Officer and as a member of the Company’s Board of Directors. The resignation was effective July 3, 2017. The Board of Directors appointed long-time director Randolph (Randy) L. Howard as Interim President and Chief Executive Officer.
Howard is a 33-year veteran of Unocal, has been on the REG board since 2007 so, a familiar face at 67, may not be in the job for the long-haul, but a strong interim pick.
Oh...
Rapidly Growing Alternative Energy Companies
The last post highlighted several companies in the alternative energy, conservation and environment technology fields that have delivered exceptional price performance over the last year. Prospects for growth in sales or earnings appeared to be key drivers of the price movement. It makes sense to seek indicators of growth as cues for those companies that may become tomorrow’s price movers.
Crystal Equity Research’s novel alternative energy indices were a good place to go on a ‘quest for growth.’
Beach Boys Index - Biodiesel
The two analysts who publish estimates for Renewable Energy Group (REGI: Nasdaq)apparently expect a surge in growth in the current year followed by a leveling...
REG Buys Imperium Renewables
Jim Lane The biggest US biodiesel, renewable diesel producer Renewable Energy Group (REGI), or "REG" buys the biggest US facility in asset deal. The fully-operational 100-million gallon nameplate capacity biorefinery will be renamed REG Grays Harbor. The facility includes 18 million gallons of storage capacity and a terminal that can accommodate feedstock intake and fuel delivery on deep-water PANAMAX class vessels as well as possessing significant rail and truck transport capability. REG will pay Imperium $15M in cash and issue 1.5 million shares of REG common stock in exchange for substantially all of Imperium’s assets. In addition to...
Solazyme’s Oilcane Boom
Jim Lane Though building capacity globally, Solazyme’s operations in Brazil are getting traction fast – and raised $235M last week. How much oil could be produced in Brazil via sugar-munching microalgae? Today, the Digest looks at Solazyme’s (SZYM) progress and the bigger picture. In California, two monster announcements came out of Solazyme headquarters last week. One related to project finance and one related to raising cash. In midweek, Solazyme Bunge (BG) Renewable Oils received approval for project financing in the form of a $120M (R$245.6M) loan from the Brazilian Development Bank (BNDES). ...
Will Renewable Energy Group’s Buying Spree Ever Stop?
Jim Lane Jim Lane is editor and publisher of Biofuels Digest where this article was originally published. Biofuels Digest is the most widely read Biofuels daily read by 14,000+ organizations. Subscribe here.
EPA Reneges on Trump’s Biofuels Deal
by Jim Lane
“EPA Reneges on Trump’s Biofuels Deal”, said the Iowa Renewable Fuels Association in reacting to the US Environmental Protection Agency’s new plans for fulfilling federal renewable fuel requirements. EPA released a proposed supplemental rule for the Renewable Fuel Standard today, and the bioeconomy is up in arms, and the outrage is centered in farm country, once a Trump bastion of support.
“IRFA members continue to stand by President Trump’s strong biofuels deal announced on Oct. 4, which was worked out with our elected champions and provided the necessary certainty that 15 billion gallons would mean 15 billion gallons, even after...
