Author Archive: Jim Lane

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Gettin’ yer Benjamins: DOE finalizes $4B loan guarantee program for renewables

By Mark Riedy and Jim Lane This week in Washington, the Department of Energy’s Loan Program Office announced the Final RenewableEnergy and Energy Efficiency Projects Solicitation for its up to $4 billion loan guarantee program under Section 1703 of Title XVII of the Energy Policy Act of 2005. The Solicitation may be accessed by clicking […]

July 10, 2014 More

Mötley Crue, Poison alert: INVISTA, BASF, and Genomatica team for sustainable spandex

We hear from the whispering winds of Wichita that INVISTA, the redoubtable owner of the Lycra and Stainmaster brands, amongst many others, has introduced the only commercial offering of a bio-derived spandex available globally and for use in a wide variety of apparel fabrics and garments. According to INVISTA: “Approximately 70 percent by weight of […]

July 10, 2014 More

Cobalt, Andritz sign exclusive partnership to integrate biobutanol, pre-treatment processes

Cobalt Technologies signed an exclusive global cooperation and supply agreement with Andritz to integrate Cobalt’s proprietary lignocellulosic process for the production of n-butanol with Andritz’s customized pre-treatment systems. The primary alcohol, n-butanol is a widely used industrial chemical found in paints, lacquers, and other surface coatings. It has traditionally been produced from fossil fuels. Engineered […]

July 10, 2014 More

Biofuels Digest Index drops to 79.96 as advanced biofuels head for the penalty box

The Biofuels Digest Index, an index of publicly traded biofuels stocks, dumped 1.43 percent to 79.96 as advanced biofuels went into the penalty box. For the day, Amyris (AMRS) shed 5.05 percent to $3.76, while Gevo (GEVO) lost 6.08 percent to $0.80. Among other equities, Solazyme (SZYM) declined 3.02 percent to $10.26. Overall, declines led […]

July 10, 2014 More

On the Move in Biofuels: Lovley joins LanzaTech advisory board

Dr. Derek Lovley, Distinguished Professor and Director of Environmental Biotechnology at the University of Massachusetts has joined the advisory board of LanzaTech. Initially focussed on using carbon monoxide (CO) streams from industry, LanzaTech’s ‘microbe factories’ are also able to recycle carbon from carbon dioxide (CO2) gas streams, through the application of microbial electrosynthesis, as pioneered by Dr. Lovley and his […]

July 10, 2014 More

Sinopec, Sapphire Energy project unveiled in China; wins US-China EcoPartnerships nod

The Digest has heard from China that Sapphire Energy’s and Sinopec’s algae-derived renewable crude oil project has been selected for the U.S.-China EcoPartnerships program, and that the announcement is being made overnight US time in Beijing, China, by the U.S. Secretary of State and the People’s Republic of China State Councilor. Details on the project […]

July 10, 2014 More

Biofuels Digest Index regains to 81.12 as ethanol equities rebound

The Biofuels Digest Index, an index of publicly traded biofuels stocks, regained 0.76 percent to 81.12 as ethanol equities rebounded.  For the day, BioAmber (BIOA) soared 11.67 percent to $13.40 on its big Vinmar deal news, while Sacom (SAM.MI) shed 5.17 percent to $3.34. Among other equities, Green Plains Renewable Energy (GPRE) jumped 5.09 percent […]

July 10, 2014 More

Honeywell’s UOP tapped by Petrixo for massive Emirates biorefinery

UOP technology will be used for 150 million gallons of capacity; who get’s the other half? From Illinois, we’re advised UOP announced that its green fuels process technology has been selected by Petrixo Oil & Gas to produce renewable jet fuel and renewable diesel at a new refinery to be built in Fujairah, United Arab […]

July 9, 2014 More

Chromatin lands $12.5M credit facility for sorghum seed expansion

From Illinois, we hear that Chromatin has closed a three-year, $12.5 million credit facility with The PrivateBank. The credit facility represents Chromatin’s first financing with a commercial lender and provides capital to support the company’s rapidly expanding sorghum seed business. Chromatin has also raised over $70 million in equity financing. The company last appeared in […]

July 9, 2014 More

Biofuels Digest Index falls to 80.51 as enzymes tank, global equities retreat

The Biofuels Digest Index, an index of publicly traded biofuels stocks, fell 0.92 percent to 80.51 as enzymes tanked and global equities retreated. For the day, BioAmber (BIOA) soared 16.69 percent to $12.00 on big Vinmar deal news, while Solazyme (SZYM) shed 3.34 percent to $10.71. Among other equities, Gevo (GEVO) dropped 4,24 percent to […]

July 8, 2014 More