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Chevron invests in renewable diesel pioneer LS9, as early-stage company completes $25 million funding round

In California, LS9 announced it successfully completed a $25 million round of funding. Participating investors included CTTV Investments LLC, the venture capital arm of Chevron Technology Ventures LLC; Flagship Ventures; Khosla Ventures and Lightspeed Venture Partners.
LS9 is currently producing UltraClean Diesel at its pilot facility.  UltraClean Diesel has achieved U.S. and Brazilian performance standards for [...]

Bioenergy PROFITS Principles: Your Company’s Execution, A Public Hanging or a First Class Orchestra

Your reputation has a direct correlation to attracting funding.
PROFITS Principles serve as a guide for how to operate and manage a business effectively, (from the newly released book, Run Your Business Like a Fortune 100: 7 Principles for Boosting PROFITS, by Rosalie Lober, Ph.D.).
The ability to attract funding opportunities is the single most pressing challenge [...]

Dynamic Fuels: 50 Hottest Companies in Bioenergy candidate profile

Dynamic Fuels
Based in: Louisiana
2008-09 ranking: Unranked
Business: Dynamic Fuels is a 50/50 venture between Syntroleum and Tyson Foods.  Dynamic Fuels’ business model is “own and operate” bio-refineries based on Syntroleum’s Bio-Synfining process.  The latter is a process for converting low value and waste fatty acid/glyceride streams (from spent vegetable oils used in food processing to palm [...]

Darling, Valero plan 135 Mgy renewable diesel venture in Louisiana

In Louisiana, a report published earlier this week in the Digest, suggesting that Valero was prepared to enter the biodiesel business, was confirmed when Darling International and a Valero subsidiary announced that they intend to form a joint venture to produce 135 Mgy of renewable diesel from animal fat at a plant near Norco.
The companies [...]

Rentech signs offtake agreements with eight airlines for renewable diesel at LAX

In California, Rentech announced today that it has signed an multi-year agreement to supply eight airlines with up to 1.5 million gallons per year of renewable synthetic diesel for ground service equipment operations at Los Angeles International Airport (LAX) commencing in late 2012.
The initial purchasers under the agreement with Aircraft Service International Group (ASIG), the [...]

Organic Bio-Energy, Green Energy Partners near decision on South Carolina facility for algae, synthetic biodiesel, biobutanol

In South Carolina, Organic Bio-Energy and Green Energy Partners said that they are 95 percent complete on a feasibility study for a $75 million, 35-acre biofuels facility at the John W. Matthews Industrial Park in Orangeburg County. The project would produce 4 Mgy of synthetic biodiesel, 1 Mgy of biobutanol and 44 MW. Algae is [...]

LS9 passes ASTM specs for its drop-in UltraClean diesel biofuel

In California, LS9 announced that its UltraClean Diesel product exceeds American Society for Testing and Materials (ASTM) D6751 and Brazilian National Agency of Petroleum ANP-7 specifications. According to third-party testing, LS9 UltraClean Diesel provides an 85% reduction in greenhouse gas emissions when compared to conventional fuel production, contains no carcinogens such as benzene, and trace [...]

Daimler, Neste Oil green diesel trial shows 60 percent drop in CO2, 15 percent cut in nitrous oxides

In Germany, Daimler and Neste Oil announced that a 12-month long biodiesel trial resulted in a 15 percent decrease in nitrous oxide emissions and a 60 percent reduction in field-to-wheels CO2 emissions. The two companies said that the project, which uses hydrotreated palm oil in test conditions in medium-duty Mercedes-Benz Atego trucks, heavy-duty Mercedes-Benz Actros [...]

The birth and death of the ConocoPhillips-Tyson partnership for renewable diesel; role of NBB in killing off biofuel venture revealed

In Washington, the Examiner newspaper traces the rise and fall of the ConocoPhillips-Tyson biofuel partnership to a little-known chicken fat fuel processing amendment that originated with Missouri congressman Roy Blunt. In 2005, Blunt engineered the broadening of the 2005 energy bill, that first established a Renewable Fuel Standard, to include a tax credit for renewable [...]

ConocoPhillips kills green diesel partnership with Tyson, says reduced subsidy made project uneconomic

In Texas, ConocoPhillips announced that it has killed its partnership with Tyson Foods to produce renewable diesel from animal fat. The company said that the production partnership could be restarted if the full $1.00 per gallon subsidy for green diesel was restored by the federal government.
The project had been inactive since last fall when the [...]