In Florida, Alliance Bioenergy announced its filing of a Regulation D (506(c)) offering with the U.S. Securities and Exchange Commission (SEC). The purpose of the filing is to secure funds through accredited investors for the purchase of the INEOS bioethanol plant in Southeast Florida that would enable the Company to increase production capacity and profitability […]
In Florida, Alliance BioEnergy Plus announced that it has submitted an offer to purchase a 145+ acre ethanol plant previously owned by INEOS New Planet Bioenergy in Vero Beach, FL. If successful the Company will begin to retrofit the front end of the facility immediately with its patented CTS process and quickly be converting local […]
In Florida, Indian River County has agreed to go ahead and give Alliance Bioenergy the mulch contract that belonged to INEOS if it buys the facility it recently bid on following a unanimous vote by county commissioners to extend the contract by 90 days. The contract is currently expected to expire in March and was […]
In Florida, Indian River County has provided Alliance Bioenergy some assurance that it would be granted INEOS’ yard waste supply contract should the bank controlling the facility approve the offer made to purchase it by proposing a 90-day extension on the contract past its expiry in March. Alliance says it will be financing the project […]
In Florida, Alliance Bioenergy says it would be willing to come in and take over the closed INEOS plant and adapt its patented technology to the facility and get it back online quickly if the yard waste contract comes along with the deal. The company submitted an offer last week to Arbor Bank who currently […]
In Florida, the TCPalm newspaper has reviewed thousands of documents resulting from a Freedom of Information Act request investigating why INEOS closed its yard waste-to-ethanol facility eight years after starting and after receiving $129 million in public funding. The facility closed on January 2. The investigation showed that 97% of the funds had few strings […]
In Florida, INEOS Bio is putting its $130 million 8 million gallon per year demonstration facility up for sale, though it hasn’t said why or how much it’s asking for. The plant has produced ethanol from a wide range of waste feedstocks from yard clippings to pallet wood waste. The facility is thought to have […]
INEOS Bio is a bioenergy company commercializing and licensing its novel thermo-chemical and bio-chemical technology for the production of renewable biofuels and renewable energy from a wide range of low-cost carbon materials. The company’s initial focus is the commercialization of its leading third-generation ethanol technology process to serve the global renewable fuels and the renewable […]
In Florida, INEOS Bio provided an update on the operations at its Indian River BioEnergy Center. “INEOS Bio’s Vero Beach facility has recently completed a major turn-around that included upgrades to the technology as well as completion of annual safety inspections. We are now bringing the facility back on-line,” said Nigel Falcon, Site Director. “In […]
Last week, we reported that excessive levels of hydrogen cyanide gas have been resulting in low ethanol output at the INEOS Bio plant in Vero Beach — and that a scrubber is being installed and will be commissioned that is expected to alleviate the problem. Leaving the question of how a gas, at deadly levels to […]
