Tag: Ceres
Ceres: Biofuels Digest’s 5-Minute Guide
Tweet Address: 1535 Rancho Conejo Blvd., Thousand Oaks, CA 91320 Founded: 1996 Annual Revenues: $6.6 million (Fiscal Year ended Aug. 31, 2011) Type of technology: Plant biotechnology, gene marker-assisted breeding and other genomics Fuel Type: Biomass is the common denominator to advanced biofuels, biopower and bioproducts and is independent of the end-fuel molecule. Major investors: [...]
Texas A&M presentation points to southeast as “Saudi Arabia” of energy crops
Tweet In Texas, Texas A&M executive associate director of AgriLife Research Bill McCutchen, made a presentation indicating that the southeast has the potential to become the “Saudi Arabia” of energy crops. He emphasized the importance of the Texas Gulf Coast as the “sweet spot” for growing energy crops that are drought tolerant and for production [...]
The Sherpas: 7 biofuels feedstock developers clearing paths to the summit
Tweet Sherpas – the high-altitude companions that see Himalayan hopefuls safely to the top (and back again). Every great biofuels technology has its own companion feedstock strategy – with unique advantages and technical challenges. Who’s got what it takes to be a great Sherpa, providing that feedstock or intermediates edge that puts a processing technology [...]
Ceres nets an $8.4m third-quarter loss
Tweet In California, Ceres has reported a net loss of $8.4m for their third quarter, which ended in May. Responded President & CEO Richard Hamilton, these numbers are not indicative of end-of-year performance; “Under some very challenging agricultural conditions, we outperformed commercial competitors and, at locations where adequate rainfall was available, we demonstrated the economic [...]
Amyris makes renewable diesel from Ceres sorghum hybrids in DOE-funded demonstration
Tweet In California, Ceres reports their sorghum hybrids were successfully processed into renewable diesel by Amyris, under a U.S. DOE grant. Amyris is expected to present summary of the results at the 34th Symposium on Biotechnology for Fuels and Chemicals in New Orleans, Louisiana. The pilot-scale project evaluated both sugars and biomass from Ceres’ sweet [...]
Ceres loss widens, but analysts remain bullish as sweet sorghum prospects strengthen
Tweet In California, Ceres, reported financial results for the second quarter ended February 29, 2012 and provided an update on its business in Brazil. For the quarter ended February 29, 2012, Ceres reported a net loss of $6.8 million or $2.48 per share, compared to a net loss of $5.4 million, or $2.72 per share, [...]
Piper Jaffray affirms Ceres $24 target after key Brazilian customer says biomass is outperforming
Tweet Michael E. Cox and Mike J. Ritzenthaler of Piper Jaffray write, “After hosting investor meetings with the CEO of Ceres, we are reiterating our Overweight rating and $24 price target. While the sugarcane and sweet sorghum harvest in Brazil is just getting underway, we remain optimistic about the potential for a sharp increase in [...]
Biofuels Digest Index stagnates at 75.23
Tweet The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, was flat at 75.23 despite an advanced biofuels slide. For the day, Amyris (AMRS) fell 2.45 percent to $5.18, while Ceres (CERE) recovered 3.36 percent to $15.99. Among other equities, Verenium (VRNM) jumped 2.98 percent to $4.15. Overall, declines led advances 7 to [...]
Of miscanthus, Kardashians, wolves and fishmatoes: taming, mapping, enhancing genomes for bioenergy
Tweet Newly-public Ceres makes major breakthrough on miscanthus; is the gigantic energy grass ready for prime-time? Why is miscanthus driving so much attention, yet deserving more? In California, followers of NASDAQ prices noted yesterday that shares in the newly-public Ceres rocketed up 15 percent to close at $17.52. What happened? It was revealed yesterday, in [...]
The Waters and Underwaters of March: heard on the floor at World Biofuels Markets
Tweet In the Netherlands, World Biofuels Markets has ended for another year, and after the industry’s grandest get-together, attendees and observers are left to sort out the news, the rumors, the scuttlebutt, and what is in most cases is a bumper-crop of business cards. Here are some of the themes we picked up on in [...]
