Tag: M&G

M&G invests unknown amount in Summit Carbon Solutions

M&G invests unknown amount in Summit Carbon Solutions

July 20, 2021 |

In Iowa, M&G’s Alternatives team through an external partner has invested in Summit Carbon Solutions, a company which aims to dramatically lower the carbon footprint of ethanol biorefineries and other industrial emitters throughout the Midwestern United States. The amount of the investment was not disclosed. The company plans to install carbon capture equipment at industrial […]

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M&G files for bankruptcy protection including Biochemtex and Beta Renewables

M&G files for bankruptcy protection including Biochemtex and Beta Renewables

November 1, 2017 |

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 […]

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M&G Chemicals, Anhui Guozhen ink pact to build world’s largest cellulosic biofuels plant

M&G Chemicals, Anhui Guozhen ink pact to build world’s largest cellulosic biofuels plant

July 29, 2014 |

970,000-1,300,000 tons of biomass per year; 70/30 JV — capex drops 30% per gallon since Crescentino. From China, we hear that M&G Chemicals announced a joint venture with Anhui Guozhen CO, using PROESA technology licensed by Beta Renewables to convert 970,000-1,300,000 metric tons per year of agricultural residues into cellulosic ethanol, glycols and by-products such […]

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Special Asia Biofuels Report: The Top 10 Stories of the Year, and More

Special Asia Biofuels Report: The Top 10 Stories of the Year, and More

December 24, 2013 |

Asia looks at petroleum reserves and exploration and concludes: our future is in biomass. As we wrote in 2012: “There’s only one complete region for biofuels where abundant feedstock, lack of oil & gas production, rising energy demand and supportive government policy come together — and that is Asia.” The feedstock comes in three flavors. […]

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M&G breaks ground on world's largest cellulosic ethanol plant to date

M&G breaks ground on world's largest cellulosic ethanol plant to date

[ 0 ] April 12, 2011 |

In Italy, Mossi & Ghisolfi Group broke ground on its 13 million gallons per year (50 million liters) cellulosic ethanol production facility in Crescentino in northwestern Italy. The plant will be 10 times larger than the largest demonstration facilities in operation today and is designed to operate on a multitude of cellulosic feedstocks. It is […]

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