Though a panic-inducing analyst report circulates on the internet, the consensus among analysts continues to be bullish on the biobased isobutanol pioneer. With Gevo’s stock in the toilet — as of now, trading at $2.01 — the company has a market cap of $79 million and $92 million in the bank. When any company — […]
In Florida, Biofuels Digest released the top 100 rankings in its 2012-13 “30 Hottest Companies in Renewable Chemicals and Biobased Materials” poll. 1 Genomatica 2 Solazyme 3 Myriant 4 Elevance Renewable Sciences 5 LS9 6 DuPont Industrial Biosciences (Genencor) 7 LanzaTech 8 Amyris 9 ZeaChem 10 Gevo 11 Virent 12 OPX Biotechnologies 13 DSM […]
In Florida, Biofuels Digest released the top 150 rankings in its 2012-13 “50 Hottest Companies in Bioenergy” polls. 1 Solazyme 2 KiOR 3 LanzaTech 4 Novozymes 5 POET 6 DuPont Industrial Biosciences (Genencor) 7 Gevo 8 Sapphire Energy 9 Joule Unlimited 10 ZeaChem 11 Honeywell’s UOP 12 BP Biofuels 13 LS9 14 Chemtex / Beta […]
In Nebraska, Green Plains Renewable Energy, Inc. announced a Q3 net loss attributable to Green Plains for the quarter was ($1.0) million, compared to net income of $12.4 million, for the same period in 2011. Revenues were $947.4 million for the three months ended September 30, 2012 compared to $957.0 million for the same period […]
In California, J. Craig Venter, told Stem Cell Meeting attendees that “It doesn’t matter what the scientific breakthroughs are, there’s no way to ever beat oil,” Venter said. “In fact, oil’s not even an issue right now because of all the new natural gas discoveries. “So there’s no way economically for a new fuel made out […]
In Iowa, Renewable Energy Group® (NASDAQ:REGI), the nation’s leading biodiesel producer and marketer, announced the acquisition of a 15 million gallon per year biorefinery located in New Boston, Texas, REG’s nameplate biodiesel production capacity is expected to increase to more than 225 million gallons annually. REG paid $300,000 in cash and issued 900,000 shares of […]
In the Russian Federation, Vnesheconombank, venture capital firm Bright Capital Management, and Renmatix signed a Memorandum of Understanding to jointly consider mutually beneficial relationships, potential collaboration and investment in the biochemical and biofuels industries. Under the MOU, the companies are looking to work to pursue the development of a series of industrial plants that will […]
In the Netherlands, Evodos acquired its 35th customer for its algae production system, and cited four factors in its rapid scale-up. 1. High quality of the harvested algae. 2. Almost double (~ 90%) the cultivation yield. 3. Customers experience a reduction in drying, storage and transportation costs of that figure as well. 4. Energy requirement of […]
In Nevada, Methes Energies Canada has been approved by the U.S. Environmental Protection Agency (“EPA”) as a Foreign Renewable Fuel Producer, making the biodiesel produced at its Sombra facility in Ontario, Canada, eligible for export to the United States. Obtaining this approval from the EPA enables Methes Energies to sell its biodiesel into the U.S., […]
In the Netherlands, Royal DSM has reached agreement with Cargill to acquire Cargill’s cultures and enzymes business in an all cash transaction for a total enterprise value of EUR85 million. Subject to customary conditions, the transaction is expected to close in the next couple of months. This portion of Cargil’s business covers manufacture of cultures […]
