Why is China accelerating on industrial biotechnology, just as US pols preach unilateral disarmament on government efforts to foster commercialization? Does the sun rise in the east as it sets in the West? Yes, Digesterati, 2012 is supposed to bring, according to someone’s reading of a Mayan calendar, the end of the world some time […]
In Iowa, Renewable Energy Group announced Q1 revenues were $188.2 million, an increase of 80% over Q1 2011. Adjusted EBITDA was $12.7 million, up 140% compared to $5.3 million for the same period in 2011. The balance sheet remained strong with cash of $75.2 million at the close of the quarter, compared to $33.6 million […]
In England, Encos will be displaying their carbon bricks and brick slips at Greenbuild Expo 2012. Their bricks and brick slips are made from a combination of recovered aggregates and vegetable-oil-based binders. They are manufactured using a patented method which is based on research originally carried out at the Department of Civil Engineering at the […]
In Washington, the DOE announced up to $5 million available this year to help expand the use of alternative fuel vehicles, including electric vehicles (EVs), in cities and towns across the country. The Energy Department seeks proposals that address barriers to the adoption of these vehicles, provide safety training, coordinate initiatives, and drive market development […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, plummeted 2.42 percent to 65.23 as renewables sunk and global equities withered. For the day, Amyris (AMRS) plunged 21.34 percent to $1.99, which is less market value than the company’s cash on hand as of its most recently ended quarter, while Solazyme (SZYM) fell […]
Emerald Biofuels announces new 85 million gallon, drop-in renewable diesel project in Louisiana. Why is renewable diesel scaling up so effortlessly? Today, the Digest’s round-up on new capacity, R&D, testing, distribution and new feedstocks for renewable diesel. In Louisiana, Emerald Biofuels announced that it will build an 85 million gallon renewable-diesel refineries at a Dow […]
Yesterday, following the Solazyme earnings call, highly differentiated viewpoints were released by key analysts covering the stock. The view from Raymond James Raymond James’ Pavel Molchanov wrote, “The adjusted earnings per share of $(0.21) topped our $(0.29) estimate and the Street’s $(0.30). Revenue of $13.6 million, while down sequentially, topped our estimate by 5%. What […]
In California, Amyris reported Q1 revenues of $29.5 million, down from versus $37.2 million in Q1 2011, and a net loss of $94.5 million, compared to $33.1 million in the same quarter of 2011. The company attributed changes to a decline in Amyris Fuels sales as Amyris executes the planned wind-down of this business line, […]
In Florida and China, Parabel (formerly known as PetroAlgae) announced that it has finalized a restated Master Framework Agreement with CECEP—Chongqing Industry, for the implementation of its technology in China as well as around the world, to include the eventual joint completion of ten 5,000-hectare commercial-scale units. The agreement provides for the construction and operation […]
In Connecticut, online mattress company Saatva offers a green mattress with coil springs made from recycled steel and a memory foam layer uses a bio-based foam. The foam is not preprocessed with formaldehyde or any similar irritating solution, and the outer covering is made from organic cotton.
