The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, jumped 1.59 percent to 75.46 as advanced biofuels rose sharply. For the day, Archer Daniels Midland (ADM) gained 0.91 percent to $29.79, while BlueFire Renewables (BFRE.OB) recovered 8.70 percent to $0.50. Among other equities, Codexis (CDXS) soared 5.54 percent to $10.10. Overall, advances led […]
In Vermont. Thawer Ashcroft Crowne & Co. announced that it has entered into an agreement with Algepower, Inc. to offer investment collateral to the backend structure of the venture, where it will provide investors with a default-proof, collateral- backed portfolio of funded assets with face values equal to or exceeding the total amount invested in […]
Heading back home from the Cellulosic Biofuels Summit in Washington this week, I spotted former Clinton White House chief of Staff (and former Obama transition chief) John Podesta on the Washington metro. When last John and I had last spoken, it had been during the dramatic week in 2008 when the global financial crisis had […]
Amyris, Terrabon, DDCE, LS9, Novozymes, OriginOil, Petrobras, POET, Sapphire Energy, and Solazyme formed the top 10 in the second day of subscriber balloting for the 50 Hottest Companies in Bioenergy. Ceres, which made the top 10 on the first two days of voting, was just outside the Top 10, along with Gevo, Shell, Genencor, Codexis, […]
Who should be the next Secretary of Energy? Former Dupont chair Chad Holliday, Google energy czar Dan Reicher, or Duke Energy’s Jim Rogers? From the House, Jay Inslee of Washington or Stephanie Herseth-Sandlin of South Dakota? Or, someone else? Share your view in the latest Biofuels Digest poll, here.
In California, GE Energy Financial Services has joined an $8 million funding round for CoolPlanetBioFuels, a start-up company developing a technology that converts low-grade biomass into high-grade fuel and carbon that can be sequestered. This venture capital investment was led by North Bridge Venture Partners, which had also led CoolPlanet’s financing round last year. CoolPlanet’s […]
In Singapore, Neste Oil has opened its NExBTL renewable diesel plant, making it the largest renewable diesel plant in the world at 800,000 metric tons per year of capacity. Production will be ramped up on a phased basis. The plant was completed on-schedule and on-budget. More on the story.
In Belgium, Malaysian and Indonesian ministers are warning that EU policies are threatening global palm oil trade due to their stringent sustainability criteria for biofuels. They said that the policies impede free trade but stopped short of threatening a WTO case, though the ministers said they would continue to monitor the situation. More on the […]
In New Zealand, LanzaTech announced that its cooperative research and development agreement (CRADA) with PNNL has been given final approval by the DOE. The first phase of the CRADA work will focus on converting some of LanzaTech’s products to drop in jet fuel. Lanzatech’s clean energy technology can produce 2,3-Butanediol (2,3-BD), an oxygenate which can […]
DomesticFuel: NAABB’s Algal-Based Biodiesel Meets ASTM Standards: According to the National Alliance for Biofuels and Bioproducts. PRNenergy: Top Advanced Biofuels Companies Meet in Washington DC and Hear From Key Decision Makers From Capitol Hill. ArgusBiofuels: India’s Shree Renuka signs ethanol supply deal #biofuels ArgusBiofuels: German biofuels firm Verbio expands supply chain #biofuels Cleantechczar: Nev. trash-to-ethanol […]
