In Colorado, Gevo announced that it will file a motion for preliminary injunction against Butamax and DuPont to halt ongoing infringement of a Gevo patent covering the production of isobutanol with genetically engineered microorganisms. “Isobutanol is an extremely versatile molecule that can be used for production of everything from the gasoline blendstock of the future to jet […]
In Minnesota, Mary Rosenthal, executive director of the Algae Biomass Organization (ABO), the trade association for the U.S. algae industry, released the following statement in support of the Senate Finance Committee’s approval of the Family and Business Tax Cut Certainty Act of 2012. The bill extends the existing cellulosic biofuel tax credit to include algae-based […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, added 0.23 percent to 60.88 as enzyme equities gained. For the day, Codexis (CDXS) jumped 4.73 percent to $3.32, while Ceres (CERE) fell 4.45 percent to $8.80. Among other equities, Algae.Tec (AEB.AX) surged 9.09 percent to $0.36. Overall, advances led declines 3 to 2 […]
Creative financing keeping numerous advanced biofuels companies on the march, despite political uncertainty. Fiberight, Zeachem in focus. Which strategics are next? What rule changes can USDA make to accelerate commercialization? Although the USDA is trying to inject some mystery into the announcement, tomorrow USDA Under Secretary for Rural Development Dallas Tonsager and Senate Majority Leader […]
Here in Digestville, we debut this week a content collaboration with Consumer Energy Report, a must-see content site that we recommend you check out and bookmark. Twice a month, we’ll check in with CER and excerpt their latest and greatest – including contributions from CER and Energy Trends editor and noted biofuels commentator Robert Rapier. […]
In London, Novamont’s Mater-Bi bioplastic is being used by Ecozema and SEDA to supply both catering and packaging at the 2012 Olympic Games and Paralympic Games. In an article by Plasteurope.com, London Bio Packaging and McDonalds are also using Mater-Bi bioplastic. Mater-Bi is both compostable and biodegradable. The materials were chosen in response to the […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, rebounded 2.19 percent to 60.74 as advanced biofuels equities surged. For the day, Amyris (AMRS) rose 8.88 percent to $3.68, while Ceres (CERE) jumped 8.35 percent to $9.21. Among other equities, Gevo (GEVO) moved up 8.70 percent to $4.00. Overall, advances led declines 5 […]
Advanced biofuels make a stunning comeback in Washington with three quick committee-level touchdowns on military biofuels, tax credits and algae parity; full Senate vote, conference with House by September? In Washington, the US Senate Committee on Appropriations and the Senate Finance Committee handed the advanced biofuels industry three of its most significant wins on Capitol […]
In California, Genomatica announced it has raised an additional $41.5 million in a Series D round of preferred stock financing. The investment featured strategic partners, including new investor and partner Versalis, the largest Italian chemical company. Existing investors Alloy Ventures, Draper Fisher Jurvetson, Mohr Davidow Ventures, TPG Biotech, VantagePoint Capital Partners and Waste Management also […]
In Colorado, Solix BioSystems announced the completion of a $31 million Round C financing, led by existing investor I2BF Global Ventures. The financing will be used primarily to fund the transition to commercial production of algae products using Solix’s Lumian Algae Growth System. These algae production photo-bioreactors – currently ranging from 260 to 58,000 liters […]
