Agriculture Secretary Tom Vilsack announced today that biofuels and biomass energy projects across America have been selected for funding to continue the Administration’s support for the development of renewable fuels. Vilsack highlighted the various investments USDA made since he laid out a broad vision to spur rural revitalization through renewable energy production in a speech […]
In Abu Dhabi, Coskata CMO Wes Bolsen is among the speakers next week at the World Future Energy Summit, providing an overview of the commercialization efforts of the advanced biofuels industry around the world, at an event that draws more than 25,000 business leaders. In California, Sapphire Energy CEO Dr. Jason Pyle and algal fuels […]
Gevo widened its lead over Solazyme as the 100-hour mark approached until the end of voting for the 50 Hottest Companies in Bioenergy. But both companies pulled farther away from the pack as the competition for hottest company in bioenergy heats up. Gevo, Solazyme, Amyris, DDCE, Novozymes, Genencor, POET, LS9, Codexis and Cargill formed the […]
In Canada, Alter NRG is pleased to announce it has signed a twenty-two month extension to its agreement with Coskata, to provide testing services to support Project Lighthouse for a minimum value to the Company of US$4.1 million and up to US$5.6 million if all contemplated tests are performed. This includes monthly fixed payments totaling […]
Four simple questions and such a variety of response as you might expect from the unusual collection of engineers, biologists, marketeers, customers, financiers, policy leaders, advanced R&D specialists, mathematicians, advocates and watchful critics that make up the advanced bioeconomy. Where were you on July 27, 2007? Where are you now? What inspires you? What do […]
In France, Global Bioenergies agreed to acquire Netherlands-based gas fermentation company Syngip for €1.02M, with a milestone-based bonus that could boost the acquisition price up to €1.775M. The acquisition price includes assumption of €150K of Syngip’s debt. The deal is subject to shareholder approval. The ultimate goal Syngip talked here about the possibility of producing […]
Last week, a company with the unlikely name of Synata Bio was the winning bidder in the race to acquire the former Abengoa Bioenergy cellulosic plant in Hugoton, with a bid of $48.5M, which you might regard as “three coins in the fountain”. They beat out a bid from Shell you might regard as “two […]
In yesterday’s Digest, we covered the topic of RINferno, the controversy over rising RIN prices and the impact on parties in the Renewable Fuel Standard — refiners, and potentially fuel terminal operators. Today, let’s look at impact on producers — and specifically the catastrophic impact of current RIN prices on advanced biofuels. The advanced biofuels […]
The boom Remember how natural gas was the no-brainer of all time. Gas-to-Liquids was the rage, and a gold rush of companies popped up such as Siluria Technologies, Calysta, and Mango Materials. Fuels, chems, materials and more. The world had discovered new technologies for making a chemical building block out of methane, instead of a runaway […]
In Ontario, Comet Biorefining has signed an off-take agreement with bio-succinic acid producer BioAmber for cellulosic dextrose from Comet’s upcoming first commercial plant in Sarnia, Ontario. The dextrose will be produced from agricultural residues using Comet’s innovative technology. The agreement also provides increasing shape to the development of an biobased industrial cluster in the Sarnia […]
