Tag: Royal DSM

Amyris announces second product development tie up with Royal DSM

Amyris announces second product development tie up with Royal DSM

September 26, 2017 |

In California, Amyris, Inc. announced that it has entered into a product development and production agreement for Vitamin A with Koninklijke DSM N.V. This marks the second such agreement between the two parties. DSM is partnering with Amyris to fund the development of the technology to produce Vitamin A on a cost-advantaged basis utilizing Amyris’s […]

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First $47 million investment tranche led by Royal DSM into Amyris closed

First $47 million investment tranche led by Royal DSM into Amyris closed

May 15, 2017 |

In California, Amyris, Inc. announced the closing of the first tranche of up to $95 million in planned equity financing that the company previously announced on May 8, 2017. The first tranche was approximately $47 million and was led by Koninklijke DSM N.V. (Royal DSM) with participation by qualified institutional buyers and accredited investors, including […]

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Royal DSM quickly pivots to China after opening Project Liberty in the US

September 12, 2014 |

In the Netherlands, Royal DSM won’t take a day to rest on their laurels as they turn toward the Chinese market after the opening of Project LIBERTY in Iowa. The company looks to start its cellulosic ethanol licensing business in China in coming months, but the timing will depend on Chinese regulations, said Chief Executive […]

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Royal DSM issues €500 million bond to cover maturing bond

Royal DSM issues €500 million bond to cover maturing bond

March 3, 2014 |

In the Netherlands, Royal DSM issued a €500 million bond at 2.375%, due 2024. The proceeds will be used to refinance their €500 million bond maturing on March 17th. The terms are laid down in the €4 billion Debt Issuance Program of Royal DSM , with the re-offer price listed at 99.555%. Based on this […]

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Royal DSM and DONG Energy make C6 and C5 breakthrough from wheat

Royal DSM and DONG Energy make C6 and C5 breakthrough from wheat

December 5, 2013 |

In the Denmark, Royal DSM, together with DONG Energy, announced it has demonstrated the combined fermentation of C6 and C5 sugars from wheat straw on an industrial scale. The combined fermentation results in a 40 percent increase in ethanol yield per ton of straw, which can result in significant cost cuts in the production of […]

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POET’s Emmetsburg plant on-schedule

POET’s Emmetsburg plant on-schedule

September 23, 2013 |

In Iowa, POET and Royal DSM have announced that their Emmetsburg plant is on-schedule to open early next year. The $250M plant will make up to 20 mgy, and will be the first POET’s first cellulosic facility. The company expects to encounter several glitches along the way, but anticipates being able to work them out […]

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Royal DSM Iowa plant to open by early 2014, will license tech

Royal DSM Iowa plant to open by early 2014, will license tech

July 1, 2013 |

In Iowa, Royal DSM plans to license its cellulosic ethanol technology after the company’s first commercial plant is completed, said CEO Feike Sijbesma. The $250 million Iowa plant, which has a 25 mgy nameplate capacity will begin production by early next year. Although the plant won’t reach full capacity in 2014, the company will consider […]

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On the Move in Biofuels: DSM

On the Move in Biofuels: DSM

March 14, 2013 |

In the Netherlands, Royal DSM will propose to the Annual General Meeting of Shareholders on 3 May 2013 to appoint Mr. Dimitri de Vreeze to the Managing Board of DSM with responsibility for DSM’s Materials Sciences clusters, with effect from 1 September 2013.

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DSM reaches agreement to acquire Cargill culture and enzyme business

DSM reaches agreement to acquire Cargill culture and enzyme business

November 1, 2012 |

In the Netherlands, Royal DSM has reached agreement with Cargill to acquire Cargill’s cultures and enzymes business in an all cash transaction for a total enterprise value of EUR85 million. Subject to customary conditions, the transaction is expected to close in the next couple of months. This portion of Cargil’s business covers manufacture of cultures […]

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POET-DSM finalizes funding for cellulosic ethanol plant in Iowa

POET-DSM finalizes funding for cellulosic ethanol plant in Iowa

July 22, 2012 |

In Iowa, Royal DSM is providing funding for a joint venture in Emmetsburg for a cellulosic plant that has been on hold for two years. The plant, expected to cost $250m, has been delayed because of the slow process for loan guarantees; but POET and DSM, after forming their joint venture, indicated that they expect […]

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