Tag: renewable chemicals
Bilbray, Pascrell introduce Qualifying Renewable Chemical Production Tax Credit Act of 2012.
Tweet In Washington, Congressmen Brian Bilbray and Bill Pascrell have introduced H.R. 4953, the Qualifying Renewable Chemical Production Tax Credit Act of 2012. The bill would provide tax incentives for companies that make products using renewable resources such as algae, non-harvested wheat, soybeans and switch grass. The Paramus Post quotes Pascrell as saying, “With this [...]
LanzaTech raises $58M in Series C round; Petronas becomes strategic investor
Tweet Malaysia’s national oil company invests in early-stage advanced biofuels venture. Is SE Asia the next stop for LanzaTech’s magic microorganism? In Illinois, LanzaTech announced that it has closed its Series C round with new investment totaling US $55.8 million led by the Malaysian Life Sciences Capital Fund. New investors include Petronas Technology Ventures Sdn [...]
Sustainable chemical industry: $1 trillion by 2022, says BIO
Tweet In Washington, BIO submitted written testimony to the Finance Subcommittee on Energy, Natural Resources and Infrastructure. Brent Erickson, executive vice president for BIO stated, “The renewable chemicals and sustainable biobased products industries are also helping reduce U.S. dependence on foreign sources of energy while creating significant numbers of jobs. The global sustainable chemical industry [...]
Renewable chemicals: US$76.8 billion by the year 2017, says report
Tweet In California, Global Intelligence Analysts announced the release of their global report on Renewable Chemicals market, forecasting it to reach US$76.8 billion by the year 2017. GIA sites sustained increase in crude oil prices and the need for new energy sources from eco-friendly feedstocks will rekindle investors’ interest and lead to improvements in capital [...]
UK's TSB running contest for renewable chemical development
Tweet In the United Kingdom, the Technology Strategy Board is running a competition to fund the development and commercialization of innovative processes that will generate high value chemicals through industrial biotechnology. Up to £2.5m will be invested and applications are invited for both feasibility and collaborative research and development projects. The TSB is looking for [...]
The 30 Hottest Companies in Renewable Chemicals and Materials
Tweet In Florida, Renewable chemicals developer Genomatica took the #1 spot in the 2011-12 “30 Hottest Companies in Renewable Chemicals and Materials” rankings. This is the first annual poll focused on renewable chemicals. Solazyme (#2), Amyris (#3), Gevo (#4), LS9 (#5), Dupont (#6), Codexis (#7), Genencor (#8), Novozymes (#9) and ZeaChem (#10) round out the [...]
Soy chemicals market to grow to $13B by 2017: report
Tweet In England, companiesandmarkets.com announced a new report forecasting that the global soy chemicals market will reach over $13 billion by the year 2017, spurred by the anticipated high demand from bio-diesels market and growing adoption of alternative renewable sources of energy. In particular, the soy-derived chemicals such as soy-based foamed plastics, polyols, methyl soyate, [...]
BioVerde to convert 26 mil gall plant to renewable chemicals, biodiesel
Tweet In Brazil, BioVerde is planning to retrofit a Sorocaba plant to produce 26MGy of biochemicals. BioVerde is spending USD $96 million, and expects the plant to produce 400 million liters of biodiesel and 400 million liters of chemicals, such as a pesticide additive from soy feedstock. Biochemical production is expected to start in 2013 [...]
The Signs: Good news for the Aces of Bio-Based may spell trouble for the Renewable Fuel Standard
Tweet “I saw the sign and it opened up my eyes, I saw the sign.” Ace of Base, The Sign The Signs. In Washington, the courts yesterday denied a challenge to the Renewable Fuel Standard from the oil industry. LS9 raised $30 million in Series D financing and is headed for Brazil. Noble Group announced [...]
50 Hottest Companies in Bioenergy TRENDS: Renewable Chemicals
Tweet In yesterday’s release of the 50 Hottest Companies in Bioenergy for 2010-11, we noted the large number of companies that have expanded their product portfolio to include renewable chemicals. Amyris, Solazyme, LS9, Gevo, Codexis, Virent, Mascoma, Cobalt Technologies, Genencor, Joule Unlimited, Bluefire Renewables, Algenol, ZeaChem, LanzaTech, Terrabon, and Fulcrum Bioenergy all have indicated that [...]
