Search Results for 'origin'
Tweet In Spain, the National Energy Commission has changed the import rules again for biodiesel, now allowing biodiesel origins from any country and not just those within the European Union. The new rule also includes a new grace period during which demonstrating sustainability will be high suggested but not mandatory.
Tweet In Costa Rica, Platts is reporting that a tanker with 10,000 metric tons of Central American origin ethanol is headed for Europe. Peru, Guatemala and Costa Rica have duty-free access to the European market. Ethanol’s FOB spot price into Rotterdam on Friday was $883.51. Since the EU lobbed import duties on US ethanol, demand [...]
Tweet Raises $80M at $10 per share; becomes first new industrial biotech company to complete IPO in more than a year. What went right and how? Is the IPO window re-opening? In Minnesota, BioAmber announced the pricing of its initial public offering of 8 million units consisting of one share of common stock and one [...]
Tweet If you have been following events in California, oil refiners have been waging a well-funded war on California’s Low Carbon Fuel Standard, which requires oil companies to reduce the carbon pollution from gasoline and diesel by 10 percent by 2020. Centerpiece in their strategy was a June 2012 report from Boston Consulting Group (funded [...]
Tweet The sector’s perennial hottest company strikes again — with “potentially disruptive” new technology to change the positioning and performance of triglyceride oils. In California, Solazyme and AkzoNobel announced an agreement targeting the development of advanced tailored triglyceride oils and commercial sales for near-term product supply. The agreement focuses on supply for the chemical giant’s [...]
Tweet In California, Garden State bioEnterprises announced that it has adopted OriginOil’s harvesting technology as a key component of its proprietary production system for the high-value product Astaxanthin. In a recent trial, GS bioE concentrated its algae with an OriginOil Algae Appliance and then successfully stressed the cells into Astaxanthin-bearing product. ”Being able to concentrate [...]
Tweet Will BioAmber complete its IPO? As the industry waits, fingers crossed, the biosuccinic developer sweetens the pot with warrants, lower share prices. In Canada, BioAmber has reduced the proposed price range for its IPO to $10-$12 per share, down from a $15-$17 range — as it seeks to keep the initial public offering on [...]
Tweet Solazyme Q1 results. Cowen & Co’s Rob Stone writes: “We expect in-line Q1:13 results…stock performance likely hinges on status of construction at Lestrem and Moema, ramp timing at Clinton, and possibly new oils and new customers. We model positive cash EPS in 2014, and see 70% upside relative to the market in a year. [...]
Tweet The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, was flat at 72.18 despite an ethanol equities drop. For the day, Amyris (AMRS) moved up 2.48 percent to $2.89, while Renewable Energy Group (REGI) gained 1.52 percent to an all-time high close of $12.03. Among other equities, OriginOil (OOIL) fell 9.52 percent [...]
Tweet In Iowa, Renewable Energy Group executed a purchase agreement to acquire a 30-million gallon per year capacity biodiesel plant from Soy Energy, LLC. Pursuant to the agreement, REG will acquire the Mason City, Iowa biorefinery for $11 million in cash and the issuance of a $5.6 million promissory note to Soy Energy. The acquisition [...]