The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, soared 3.07 percent to 63.81 as biofuels broadly rallied. For the day, Renewable Energy Group (REGI) jumped 16.82 percent to $7,43, while Amyris (AMRS) rocketed up 9.65 percent to $4.43. Among other equities, Verenium (VRNM) slumped 3.10 percent to $3.13. Overall, advances led declines […]
After a nine-fold production increase in the 2000s, global annual investment in biofuels declined 20% between 2010 and 2011, and capacity expansion has slowed. What’s the mid-term growth outlook? By Mackinnon Lawrence In the world of finance, a market gray zone is a hazy realm of disillusioned bulls and restless bears. The market neither gains […]
In Indiana, Valero Energy has closed down production at a second production plant, citing market conditions. The second closing, at its 120 million gallon per year plant at Linden, Indiana, follows a similar production halt at its 120 Mgy Albion, Nebraska plant last week. “We expect market conditions to improve to the point that we […]
In Rhode Island, BioProcess Algae and KD-Pharma Bexbach announced that they have entered a commercial supply agreement for the production of EPA-rich Omega-3 oils for use in concentrated EPA products for nutritional and/or pharmaceutical applications. Under the agreement, BioProcess Algae will supply microalgal oils which will be refined by KD-Pharma’s proprietary Supercritical Fluid Technology to […]
In Connecticut, the 10 million gallons Greenleaf Biofuels biodiesel plant is expected to be commissioned and operation by September, said company officials as they hosted numerous local and state legislators on a tour of the 8,600 square foot building. The plant, which will utilize waste cooking oil and other recycled fats and oils, intends to […]
In Brazil and South Dakota, KL Energy changed its name to Blue Sugars, following extension of its long-term co-development agreement for cellulosic ethanol with Petrobras. Company CEO Peter Gross noted that the company’s scale-up factor from our demo plant to full-sized industrial units is in the range of 10-15, and that Petrobras is already working […]
In Washington, the US Energy Information Administration released its Annual Energy Outlook for 2012. Among changes in this year’s Outlook, an updated Reference case was included as part of this complete report, to incorporate modeling changes and reflect new legislation or regulation that was not available when the Early Release Overview version of the Reference […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, dropped 1.61 percent to 61.51 as two capital raise announcements dragged on prices. For the day, Gevo (GEVO) plunged another 27.21 percent to $4.95 on plans to raise $100 million, while Pacific Ethanol (PEIX) sank 33.96 percent on plans to raise capital through a […]
As bio-based companies race across the Valley of Death, in the dash for scale, who’s getting financing now, and how? The path to financing success in bio-based project development used to be a little less complicated. Raise seed money from friends and family. Series A and B with your friendly local VC, to prove the […]
In Connecticut, Centerchem and Amyris have signed a multiyear deal for Neossance sqalane. Happi.com quotes Amyris CEO, John Melo, as saying, “We are excited to have joined forces with Centerchem for distribution of Neossance squalane in the United States and Canada… Our squalane gives customers a renewable and reliable alternative source for this best-in-class emollient.” […]
