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Agilyx raises $25 million in series-C round: IPO in 2012?

Agilyx raises $25 million in series-C round: IPO in 2012?

December 21, 2011 |

In Oregon, Agilyx has raised $25 million in series-C funding led by Keating Capital, and the startup has already raised funds from Waste Management, venture firm Kleiner Perkins, French oil giant Total, and investors at Chrysalix Energy, Saffron Hill Ventures and Reference Capital. The company uses a process called “anaerobic thermal reclamation” to turn plastic […]

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Abengoa idles ethanol plants in Kansas, New Mexico

Abengoa idles ethanol plants in Kansas, New Mexico

December 21, 2011 |

In New Mexico, Abengoa says it will be temporarily shutting down its ethanol plant in Portales, as well as its plant in Colwhich, Kansas. The company says that with the market conditions being what they are right now, it felt the best plan was to temporarily shut down its two smallest plants—Portales and Colwhich—take advantage […]

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US ethanol futures hit 12-month low

US ethanol futures hit 12-month low

December 21, 2011 |

In Illinois, ethanol futures trading on the Chicago Mercantile Exchange have fallen to a 12-month low to about $2.09 per gallon as buyers stay away from the market following a massive sell off since mid-November. Since then futures have fallen by more than a $1 when they reached $3.10 on Nov. 17. Ethanol producers are […]

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Tereos, Petrobras, Petromoc ink pact for Mozambican biofuels

Tereos, Petrobras, Petromoc ink pact for Mozambican biofuels

December 21, 2011 |

In Mozambique, France’s Tereos International and Brazil’s Petrobras have signed an MOU with the country’s oil company Petromoc to study ethanol production and domestic sales. Petrobras has already partnered with Tereos in its 1.2 million metric ton per year sugar mill in Sena.

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Open EU biodiesel market to Canadian GMO canola, says group

Open EU biodiesel market to Canadian GMO canola, says group

December 21, 2011 |

In Canada, Dutch-based Control Union says Europe’s burgeoning biodiesel market could be open to Canada’s canola producers. Though Canada’s GMO canola can’t be used for human use, it could be used for biodiesel production, which could open a new market opportunity for farmers.

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Thai flooding dampens ethanol demand

Thai flooding dampens ethanol demand

December 21, 2011 |

In Thailand, floods in the country not only put a halt to ethanol production but also to ethanol consumption. The floods, that saw their peak in October, forced down ethanol production by nearly 22% year-on-year to just 958,000 liters per day from 1.092 million liters per day the year before.

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Laurel BioComposite shipping DDGs-to-plastics test product

Laurel BioComposite shipping DDGs-to-plastics test product

December 21, 2011 |

In Nebraska, Laurel BioComposite, who recently opened a 250 pounds per hour pilot plant that produces the company’s bioplastic resins based on ethanol by-product distillers grain, says it has completed its first test batches and have sent them off to seven customers for testing. The pellets can be blending at up to 40% with other […]

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"Biofuels may have been slow to scale up, but the EBI's Chris Somerville isn't worried."

"Biofuels may have been slow to scale up, but the EBI's Chris Somerville isn't worried."

December 21, 2011 |

Today on Twitter. cdcmorrisonmn: Geographic location of Little Falls-based ethanol plant is key for success. #Ethanol #Morrison #Econdev apeterka: Greenwire explores what end of controversial subsidy means for #ethanol industry MtnMD: Canola oil has many non-food uses including industrial lubricant, biofuels, candles, makeup, ink. GLBioenergy: Great article on #cellulosic #biofuels from waste, featuring researcher Bruce […]

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“Biofuels may have been slow to scale up, but the EBI’s Chris Somerville isn’t worried.”

“Biofuels may have been slow to scale up, but the EBI’s Chris Somerville isn’t worried.”

December 21, 2011 |

Today on Twitter. cdcmorrisonmn: Geographic location of Little Falls-based ethanol plant is key for success. #Ethanol #Morrison #Econdev apeterka: Greenwire explores what end of controversial subsidy means for #ethanol industry MtnMD: Canola oil has many non-food uses including industrial lubricant, biofuels, candles, makeup, ink. GLBioenergy: Great article on #cellulosic #biofuels from waste, featuring researcher Bruce […]

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BIOBOOST wins $6.6M in Eu funding

BIOBOOST wins $6.6M in Eu funding

December 21, 2011 |

In Germany, the Karlsruhe Institute of Technology is the lead on a European-funded project called BIOBOOST (‘Biomass-based energy intermediates boosting biofuel production’) that will launch in early 2012 develop novel energy carriers, generating energy-rich intermediate products from biogenous residues, assess environmental compatibility and optimize logistics chains. The project received $6.6 million in EU funding.

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