In Canada, Comet Biorefining, has announced the appointment of Rich Troyer as the company’s CEO. Andrew Richard, Comet founder, has been appointed Chairman of the Board and Chief Technology Officer of the company. Troyer was previously the Chief Business Officer at Coskata and also served as a Managing Director at the Blackstone Group where he […]
In Illinois, the technology formerly belonging to Coskata has re-merged as the newly-minted Synata Bio, which was formed last year. Synata filed a Red D form with the Securities & Exchange Commission, detailing a $10 million investment, which sources have identified as coming from True North Venture Partners. Sure enough, True North partners Matthew Ahearn and […]
Coskata is a technology leader in the production of alternative fuels and chemicals. Our proprietary process has been demonstrated at significant scale and offers: • High yields • Low costs • Feedstock flexibility While the technology platform is capable of producing multiple fuels and chemicals from a diverse array of feedstocks, they are initially focused […]
In Illinois, Coskata has shelved its IPO plans for the second time, again citing unfavorable market conditions. The IPO was meant to raise $100 million to fund a natural gas to ethanol facility, backtracking from earlier plans to produce ethanol from biomass. Mascoma, Enerkem and Fulcrum Bioenergy have all pulled out of planned IPOs in […]
Biofuels Digest has released the next wave of its 5-Minute Guides – a “news you can use” digest on the leading companies in biofuels. Each 5-Minute Guide provides a company description, 3 top milestones for 2010-12 and projected for 2012-14, description of the business model; plus project info (location, feedstocks, product set, processing technology, capacity, […]
Address: 4575 Weaver Parkway, Suite 100, Warrenville, Illinois 60555 Year Founded: 2006 Company description: Coskata is a technology leader in the production of alternative fuels and chemicals. Our proprietary process has been demonstrated at significant scale and offers: • High yields • Low costs • Feedstock flexibility While the technology platform is capable of producing […]
In Florida, Gevo topped the the Biofuels Brand Index for the week of July 30-August 3, in a new weekly feature tracking biofuels producer brands exposure. The latest weekly release, revealed the brand exposure for 45 different organizations, based on appearances each made in the more than 90 news features published that week, and reader […]
Here in Digestville, we debut this week a content collaboration with Consumer Energy Report, a must-see content site that we recommend you check out and bookmark. Twice a month, we’ll check in with CER and excerpt their latest and greatest – including contributions from CER and Energy Trends editor and noted biofuels commentator Robert Rapier. […]
In Illinois, Coskata has confirmed that it is dropping its IPO after acknowledging last week $100 million in private placement and switching its feedstock focus to natural gas when it alluded to Biofuels Digest that it might pass on its IPO. The highly volatile nature of the IPO market, with Facebook and other biofuel technology […]
Coskata, looking at CAPEX opportunities, political uncertainty, and the investor climate — switches to an “all natural gas” feedstock strategy. Initiates a $100M private placement, puts Alabama project on hold. In today’s Digest, we look at the rationale, the impact and the way forward. “In North America there’s a golden opportunity,” Coskata CEO Bill Roe […]
