In the Netherlands, Avantium, a spin-off from Shell, announced that it would pursue an IPO after the completion of a successful proof-on-concept engine test for a new proprietary biofuel, and the extension of a strategic research partnership with BP.
BP also has strategic biofuels partnerships with D1 Oils relating to African jatropha development, and with DuPont relating to second-generation butanol production.
Avantium provides R&D services and tools to more than 70 companies in the energy, chemicals and pharmaceutical industries, including BP, Royal Dutch Shell, Sasol, Pfizer, Boehringer Ingelheim and GlaxoSmithKline.
Avantium, a research and development company spun off from Royal Dutch Shell in 2000, has cancelled its IPO owing to adverse market conditions. Avantium provides R&D services to companies such as BP, ...
An alternative biofuel, called furfural, is gaining new levels of attention because, like cellulosic ethanol, it is produced from waste biomass such as sugar cane bagasse. After pressing cane for suga...
In Canada, Raven Biofuels announced an agreement with Spectrum Energy to build cellulosic refineries. The partnership will convert Mountain Pine Beetle-affected softwood and to ethanol and furfural. A...
In Washington State, Raven Biofuels announced a plan to construct an 11 Mgy cellulosic ethanol plant using wood waste as a feedstock. The project is estimated to cost $30 million and will be completed...
In Washington State, Raven Biofuels announced that fuel produced by its proposed cellulosic ethanol refinery will be sold under a 10-year offtake agreement to Eco-Energy, which has more than 1 billion...
In Washington state, Raven Biofuels has secured an equity funding commitment from Blackhawk Investments and Clean Energy Holding for $10 Million. On June 30, 2008, Blackhawk Investments entered into a...
