Search Results for 'kior'
In Texas, Vinod Khosla has agreed to fund KiOR in $5 million per month installments for up to $25 million while the company works to secure further financing and keep its doors open. The company’s stock reacted positively on the news and edged towards $1 a share.
Is it just coincidence that KiOR’s stock is down sharply as Aemetis has been on a tear? Just a lucky break for ethanol based on attractive “crush spreads”? Or something important about the strategy and how it has played out? The Digest looks at the companies and the results. On a clear morning last […]
KiOR announces $347M loss for 2013: “We have substantial doubts about our ability to continue as a going concern.”
Delayed 2013 results includes going concern statement. Future Khosla financing contingent on milestones. Default looms as soon as April. Financing after August unclear. In Texas, KiOR announced a $347.5M net loss for 2013, and issued a “going concern” statement that focused on its ability to raise future capital to sustain operations and build its next […]
This is the official Transformative Technologies 2014 nominee page for KiOR , nominated in the “Transformative inorganic catalyst” category. Voting Rules All voting is exclusively via social media this year. To vote, simply click on the Tweet, Like or Share link in on this page. Each tweet, like or share will count for one vote. Please […]
Company description: KiOR is a next-generation renewable fuels company that has developed a proprietary technology platform to convert sustainable non-food biomass into cellulosic gasoline, diesel and fuel oil. Using standard refinery equipment, KiOR’s products are compatible with the existing fuel infrastructure. KiOR strives to ease dependence on foreign oil, reduce lifecycle greenhouse gas emissions and […]
In New York, Raymond James energy analyst issued a “tactical downgrade” for KiOR after slashing the share’s value to $2.68 per share from a prior estimate of $5.73. “KiOR’s first production in 2013 marked an important milestone for the company and the cellulosic biofuels industry as a whole. However, inconsistent execution and lack of operational […]
Vilsack; POET, LanzaTech, Beta Renewables, Genomatica, DuPont, Solazyme, KiOR, Raizen, REG execs win Top 100 People in the Bioeconomy poll for 2013-14
In the annual poll, voters reward key fighters on the RFS2 front, companies reaching scale, and pioneers in renewable chemicals. Top 300 recognized. In Florida, US Secretary of Agriculture Tom Vilsack headed the “Top 100 People in the Bioeconomy” as voted by the readers of The Digest and the publication’s editorial board. Vilsack was followed […]
In Texas, “Due to the demands of other business commitments and personal time constraints,” Condoleezza Rice, Ph.D, has resigned from the Board of Directors of KiOR, Inc. as of December 20, 2013. In a statement, KiOR said “Dr. Rice’s resignation is not due to any disagreement with the Company on any matter related to the […]
In Texas, KiOR released the following operational update. KiOR expects that, given current and anticipated operations through the remainder of the year, the Columbus facility will produce approximately 410,000 gallons of fuel during the fourth quarter of 2013, bringing full year production total from the facility to approximately 920,000 gallons. The ratio between gasoline, diesel […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, dumped 3.90 percent to 62.51 as advanced biofuels crashed. For the day, Gevo (GEVO) plunged 27.11 percent to $1.21 after a dilutive equity offering, while KiOR (KIOR) sank 12.79 percent to $1.50. Among other equities, Renewable Energy Group (REGI) fell 4.87 percent to $10.36. […]