In Nevada, Avfuel Corporation is developing a new groundbreaking program, Avfuel Zero. This innovative initiative is designed to empower flight operators to effectively manage and reduce their carbon emissions while promoting sustainability within the business aviation industry. Avfuel Zero, currently in its beta testing phase, aims to revolutionize the way aviation stakeholders address their environmental […]
In Italy, Eni’s Versalis won the bidding process ordered by the Court of Alessandria for Mossi & Ghisolfi’s Group’s “green” activities including Biochemtex and Beta Renewables. The transfer of the related business units will be formally agreed in the coming weeks, in compliance with legal procedures and deadlines. The operation includes assets and resources related […]
In Italy, Biochemtex S.p.A., Beta Renewables S.p.A., IBP Energia S.r.l. and the Italian Bio Products S.r.l. companies belonging to the industrial group Mossi & Ghisolfi S.p.A., will be auctioned off en bloc in an inseparable sale to the highest bidder. The four bioenergy and biofuel companies will be auctioned off in Italy’s Court of Alessandria […]
In Italy, the court of Alessandria admitted Gruppo Mossi Ghisolfi companies to the “concordato preventivo” in accordance with article 161 sixth paragraph of the Bankruptcy Law. Eight companies of the group were included, including Biochemtex S.p.A. and Beta Renewables S.r.l. The court granted all companies a term of 120 days starting from October 26, 2017 […]
From Italy comes an industry shocker: “Italian newspapers reported over the weekend that cellulosic ethanol developer Mossi & Ghisolfi shuts down this week,” reported a source from Europe. “227 people of whom 121 from the Crescentino ethanol refinery are to stay at home. The Crescentino operation has 60 days to present a new survival plan. […]
In Italy, Mossi Ghisolfi is in discussions with some private equity and industrial players who have expressed interest in buying Beta Renewables after the parent company suffered significant losses and a 90% drop in operating profit. Big cost overruns at the parent company’s PET plant in Corpus Christi, Texas in addition to the sudden loss […]
In India, Beta Renewables, Novozymes and CVC India Infrastructure Pvt. have signed an MOU to develop a biorefinery in Punjab using wheat and paddy straw as feedstock. The previously announced project and plans for five more around the country will require investment of around $1 billion. The MOU was signed at a renewable energy summit […]
In Colorado, Gevo reported Q2 2015 revenues of $8.9M compared with $7.7M for Q2 2014, and Q2 loss of $6.5 million, compared with $9.0 million in Q2 2014. The increase in revenue during 2015 is primarily a result of the production and sale of approximately $8.0 million of ethanol, isobutanol and distiller’s grains at the Luverne plant. Hydrocarbon revenues were $0.8 […]
In California, BASF and Solazyme have launched of the first commercial surfactant derived from microalgae oil, a high performance algal betaine for use in home and personal care applications. Generally speaking, surfactants, which are the “lifting agents,” if you will, that power the work of detergents and shampoos, are made from C12 to C14 medium […]
The charismatic Beta Renewables CEO is gone, builder of the world’s first commercial-scale cellulosic ethanol plant. Guido Ghisolfi, 58, the CEO of Beta Renewables, is dead. News reports from Italy indicate a suicide, after the charismatic business leader was found in his dark-color, late model Lexus, on a road side near Carbona Scrivia, less than three […]
