Tag: biocrude
Gusher! KiOR starts production of US cellulosic biofuels at scale
Tweet 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 [...]
Sustainable Power CEO, board member resign
Tweet 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 [...]
KiOR raises $40 million for biocrude technology
Tweet 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 [...]
