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 […]
Beta Renewables — a subsidiary of Chemtex, and Grupo M&G — has developed and deployed a low-cost cellulosic biofuels technology, known as PROESA. Chemtex employs approximately 1000 staff located in key centers throughout the world – Tortona and Rivalta in Italy, Wilmington, NC and Sharon Center, OH in the USA, Shanghai and Beijing in China and […]
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 […]
Seen a number of high-profile cellulosic projects open in recent years, and not much ethanol being produced? Wondered why? Here are answers to your questions. As Jack Webb used to say on Dragnet, just the facts, ma’am. Fact one. There’s not much ethanol being produced at the new generation of cellulosic projects. Fact two. We have […]
Anna Rath, CEO, NexSteppe; Jim Greenwood, CEO, BIO; and Dario Giordano, CEO, Beta Renewables step onto the stage at the World Bioenergy Leadership Forum in Seville to look at what’s next in feedstock, processing technology, policy and finance for the advanced bioeconomy. At the World Bioenergy Leadership Forum in Seville, in a conversation with noted […]
The renewable energy industry was saddened on March 3 by the news of the death of Guido Ghisolfi, Vice Chairman of the Mossi & Ghisolfi group and CEO of Beta Renewables. Mossi & Ghisolfi is a worldwide leader in the bottle-grade PET industry, owner of the world’s first commercial-scale cellulosic ethanol plant, located in Crescentino, […]
In India, Novozymes and Beta Renewables are working to establish a 75 million liter per year cellulosic ethanol plant in Punjab using 3 million metric tons of paddy straw as feedstock. The $153.7 million plant could lead the way for $1 billion in investment of five other plants in the state if successful.
