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: 2501 Davey Road, Woodridge IL 60517 Year Founded: 2007 Company description: Headquartered in Woodridge, Illinois, Elevance Renewable Sciences, Inc. creates valued specialty chemicals from natural oils. Using a technology called olefin metathesis, the company creates high performance ingredients for use in personal care products, detergents, fuels, lubricants and other specialty chemicals markets. Major Investors […]
Based in: Denmark Type of technology: Cellulosic ethanol from wheat straw via enzymatic hydrolysis. In a typical Inbicon project, 1200 metric tons per day will be converted into 20 million gallons a year of The New Ethanol; 180,000 MT/year of clean lignin, used to produce green electricity; and 185,500 MT/year of C5 molasses for livestock […]
500 ton per day wood biomass to biocrude plant commences oil production – the long wait for cellulosic biofuels at scale is over. “With a roar like a hundred express trains racing across the countryside, the well blew out, spewing oil in all directions.” Well, the startup of biocrude production at KiOR’s Columbus plant arrived […]
In Oklahoma, Syntroleum reported operating income, for the first nine month in 2012, of $10.0 million resulting from total revenues of $16.4 million and operating expenses of $6.4 million. For the nine months ended June 30, 2012, they reported a loss from Dynamic Fuels of $5.7 million, compared to a loss of $12.3 million for […]
In California, Codexis, reported revenues for the third quarter of 2012 of $26.3 million, a 21% decrease from $33.3 million in the third quarter of 2011. Product revenue in the third quarter of 2012 was $7.1 million, a 41% decrease from $12.2 million in the prior year quarter and a 5% sequential increase from $6.8 […]
In California, Edeniq announced that Aemetis, Inc., an advanced fuels and renew to boost ethanol yields and will conduct large-scale commercial testing of Edeniq’s cellulosic ethanol Pathway platform. Edeniq’s Cellunator technology produces sugars by milling corn and other plant materials into “right-sized” particles of feedstock that can be more easily converted. Edeniq is installing Cellunators at […]
In Taiwan, China Steel and LCY Chemical Corp formed a joint venture, White Biotech, to utilize LanzaTech’s technology in Taiwan to begin production of ethanol and potentially other molecules using steel mill waste gases. The companies made an initial $5.14 million investment in the JV and formed the Green Energy Alliance with LanzaTech, around the […]
In Germany, VERBIO Vereinigte BioEnergie, in the first quarter of its new business year 2012/2013, reported group revenue of EUR 217.5 million, down from Q1 2011/2012 revenues of EUR 224.4 million),and EBITDA of EUR 1.6 million, down from Q1 2011/2012 EBITDA of EUR 10.3 million. “In consequence of the subsidized biodiesel imports, the result was […]
In Japan, IHI opened its algae biofuels pilot plant in Yokohama, and said that it intends to reach commercial scale by 2020, after having been in development on the project since 2010. The company said that current production costs are projected at $47.55 per gallon ($12.58 per liter), but that the company hopes to bring […]
