Englewood, Colo.-based biobutanol developer Gevo Inc. recently signed a memorandum of understand with India-based Praj Industries Ltd. to become a Gevo licensee for producing renewable isobutanol at sugar-based ethanol plants.
Chevron said it’s putting up for sale its 50% interest in Caltex Australia, likely to a “broad range of Australian and global equity market institutional investors,” the company announced March 27.
The Urban Air Initiative (UAI) recently filed a new petition against the U.S. Environmental Protection Agency (EPA) as the next step in what UAI officials describe as their ongoing effort to challenge the agency’s defective emissions models and policies relating to ethanol-gasoline blends.
Texas Sen. Carlos Uresti (D-District 19) recently introduced legislation that would provide financial incentives for state agencies, counties and cities to purchase alternative-fuel vehicles.
With the global demand-growth curve for ultralow sulfur diesel (ULSD) continuing to outrun demand growth for gasoline, more refiners are seeking to exploit this trend by employing novel schemes to boost total ULSD output.
The U.S. Environmental Protection Agency recently announced the award of $8 million to communities in 21 states and Puerto Rico for diesel emissions retrofit programs.
Dow Chemical Co. agreed to sell almost all of its chlorine business, the world’s largest, to Olin Corp. in a $5-billion deal as it pares less profitable products.