The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.30 percent to 59.10 as enzyme stocks slid. For the day, Solazyme (SZYM) soared 10.01 percent to $7.80, while Gevo (GEVO) dropped 8.64 percent to $1.48. Among other equities, Biox (BX.T) rocketed up 23.68 percent to $0.47. Overall, declines led advances 2 to […]
Solazyme lands monster capacity expansion agreements with ADM and Bunge – what’s the sector’s hottest company up to now? Yesterday, Solazyme announced two landmark capacity expansion agreements with Bunge and ADM, respectively. The Bunge agreement will expand joint venture-owned oil production capacity at Solazyme Bunge Renewable Oils from the current 100,000 metric tons under construction […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, dropped 1.46 percent to 59.28 as ethanol and enzyme stocks tumbled. For the day, Amyris (AMRS) dropped 6.69 percent to $2.37, while Gevo (GEVO) shed 2.41 percent to $1.62. Among other equities, KiOR (KIOR) recovered 1.25 percent to $6.50. Overall, declines led advances 4 […]
In Washington, the US military’s plans to expand its use of biofuels in planes, ships and other vehicles would generate at least about $10 billion in economic activity and create more than 14,000 jobs by 2020, according to a report commissioned by Environmental Entrepreneurs. The report projected that between $9.6 billion and $19.8 billion of […]
In California, Amyris announced that aggregate revenues for the quarter ended September 30, 2012 were $19.1 million versus $36.3 million in the third quarter of 2011. GAAP net loss attributable to common stockholders for the quarter was $20.3 million ($0.34 per share) compared to a loss of $43.7 million ($0.97 per share) in the same […]
In Colorado, Biofuel Energy reported what they described as “another challenging quarter resulting in an $11.3 million net loss. We recorded revenues of $116.1 million for the third quarter of 2012. This represents a 29% decrease when compared to the same period in 2011, and it is driven primarily by a 37% decrease in ethanol […]
In the US Virgin Islands, VIASPACE announced that its Giant King Grass is now growing in St. Croix. The initial small shipment of Giant King Grass was received and planted by Tibbar Energy USVI LLC which is developing a 6 MW biomass energy project fueled by a 1,000 acre Giant King Grass plantation. The Giant King […]
In the UK, the International Energy Agency released its World Energy Outlook. “Global energy demand grows by more than one-third over the period to 2035 in the New Policies Scenario (our central scenario),” the IEA projected, “with China, India and the Middle East accounting for 60% of the increase. “Energy demand barely rises in OECD countries, although […]
In Tanzania, speakers at the Tanzania Bio-energy Forum said that the maximum land grant for biofuels development should be reduced from 20,000 hectares to 10,000 – and more emphasis should be placed on ensuring that projects proceed to completion. Yefred Myenzi told attendees, “We have clear instances in Kisarawe and Bagamoyo districts in Coast Region […]
In Brazil, Dow and Mitsui have secured all necessary governmental regulatory approvals and completed the formation of a previously announced 50:50 joint venture in Brazil, making Mitsui a 50% equity interest partner in Dow’s operation in Santa Vitória, Minas Gerais. The MOU with Mitsui that lead to this milestone, is aimed at providing innovative and […]
