June 23, 2011
Volume: 3
Issue: 119

Fuels & Processing

Novozymes Joins Lignol’s Industrial Consortium for Cellulosic Ethanol

Lignol Energy Corp. on June 20 announced that Novozymes, Inc. has joined Lignol’s consortium for its Sustainable Development Technology Canada (SDTC) funded project.

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Celanese Plans Ethanol Production in China by Mid-2013, New U.S. Ethanol R&D Facilities

Celanese Corp. announced June 14 that it will accelerate its original schedule and now expects to begin industrial ethanol production in China earlier than previously announced. The company also announced it has broken ground on the previously announced technology development unit for ethanol production at its facility in Clear Lake, Texas, which is now expected to be operational by mid-2012.

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Praxair Adds Motiva Refinery to Customer Base

Praxair, Inc. (NYSE: PX) announced June 21 that it has signed a long-term supply agreement with Motiva Enterprises LLC to supply hydrogen to Motiva’s refinery in Norco, St. Charles Parish, La.

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Foster Wheeler Wins Feasibility Study Contract from Sasol for Canada GTL

Foster Wheeler announced June 22 that it has won a feasibility study contract from Sasol for a possible gas-to-liquids (GTL) project in Canada via the Sasol/Talisman Energy partnership.

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Feature

World’s First Serial Hybrid Electric Aircraft to Fly at Le Bourget

German engineering conglomerate Siemens AG, Diamond Aircraft and the European Aeronautic Defence and Space Co. (EADS) are expected to present the world’s first aircraft with a serial hybrid electric-drive system at the 2011 Paris Air Show at Le Bourget.
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Key Market Prices

Crude, Refined Product Futures Soar on Lower Inventories

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Electric Power

ClipperCreek Touts ‘Low-Cost’ EV Home Recharger

California-based ClipperCreek announced June 14 the debut of what it terms as a “low cost” electric-vehicle (EV) recharger system for residential use.

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Hydro-Québec to Launch EV-Charging Network; 100 Stations

Canadian state-owned utility, Hydro-Québec, and four major retail partners announced June 16 the launch of what will become a 100-station network for recharging electric vehicles (EVs), initially targeting Montréal and Québec city.

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Transportation & Logistics

Palm Desert Switches Ambulance Back to Diesel from CNG

Following a failed experiment with compressed natural gas (CNG) technology, the city of Palm Desert, Calif., is returning to diesel power for a medical ambulance.

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BYD Wins Electric-Bus Deal for Frankfurt

China-based BYD announced June 15 that it has signed a letter of intent to provide its “eBUS” electric buses to the city of Frankfurt, Germany.

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China Slashing Taxes on EVs, Hybrids

China’s State Council this month proposed to eliminate usage tax on electric vehicles (EVs), plug-in hybrids and fuel-cell cars, while extending a 50% cut in tax on conventional hybrids, starting Jan. 1, 2012.

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Margins & Economics

U.S. Crude Inventories Fall; Refinery Rates Surge

U.S. crude stockpiles dropped by 1.7 million barrels – surpassing analyst forecasts for the third straight week – and refined product stocks were mixed, according to the Energy Information Administration (EIA) report for the week ended June 17.

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Crude Futures Rise US$1.24/bbl on Supply Statistics

NYMEX light sweet crude for August delivery finished at US$95.41 per barrel (/bbl), up $1.24 on June 22, tracking the weekly supply statistics from the Energy Information Administration (EIA) showing a much greater than forecast drawdown in oil inventories and an unexpected drawdown in gasoline stocks.

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Public Policy

U.S. Representatives Seek Fixes to EPA Boiler Rules

Several bipartisan members of the U.S. House Committee on Energy and Commerce have introduced H.R. 2250, the EPA Regulatory Relief Act of 2011 which directs the U.S. Environmental Protection Agency (EPA) to develop achievable standards affecting 200,000 non-utility boilers and incinerators including those used throughout the energy industry.

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EMPA Releases New Biofuels GHG Calculator

EMPA – the Swiss Federal Laboratories for Materials Science and Technology – announced June 16 the release of a new biofuels lifecycle greenhouse-gas (GHG) calculator.

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