Tag: biocrude

Gusher! KiOR starts production of US cellulosic biofuels at scale

Gusher! KiOR starts production of US cellulosic biofuels at scale

November 9, 2012 |

500 ton per day wood biomass to biocrude plant commences oil production – the long wait for cellulosic biofuels at scale is over. “With a roar like a hundred express trains racing across the countryside, the well blew out, spewing oil in all directions.” Well, the startup of biocrude production at KiOR’s Columbus plant arrived […]

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Sustainable Power CEO, board member resign

Sustainable Power CEO, board member resign

[ 0 ] August 12, 2010 |

In Texas, management mayhem erupted at Sustainable Power with the resignation of CEO Richard Cutler and board member Scott Hoerr. Cutler, who will remain a securities counsel for the company, said in a letter to shareholders that “ongoing litigation by the US Securities and Exchange Commission against the founder of SSTP has made funding of […]

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KiOR raises $40 million for biocrude technology

KiOR raises $40 million for biocrude technology

[ 0 ] May 5, 2010 |

In California, KiOR filed Regulation D papers with the SEC detailing that it has raised $39.99 million from 13 investors, to date, in a total offering of $95 million in securities. The company named as its principals company president Fred Cannon (formerly of Akzo Nobel); Samir Kaul, a founding general partner at Khosla Ventures who […]

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