In California, Ceres, reported financial results for the second quarter ended February 29, 2012 and provided an update on its business in Brazil. For the quarter ended February 29, 2012, Ceres reported a net loss of $6.8 million or $2.48 per share, compared to a net loss of $5.4 million, or $2.72 per share, in […]
In the United Kingdom, Food and Drink iNet are funding a research project at the University of Leicester to discover ways to turn egg shells into plastics that could be used to manufacture anything from food packaging to construction materials, as well as products that may prove valuable in the pharmaceutical industry. Ultimately, the goal […]
In Florida, a controversial Florida state bill supporting renewable fuels development went into law without Governor Rick Scott’s signature. Scott resisted pressure from conservatives to veto HB 7117 after heavy lobbying from Agriculture Commissioner Adam Putnam, who said that the state needs the bill to stimulate the development of bio-based industry in the state. The […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, shed 2.18 percent to 71.48 as crop and enzyme stocks faltered. For the day, Ceres (CERE) plunged 11.00 percent to $15.13, while Monsanto (MON) lost 1.62 percent to $77.07. Among other equities, Verenium (VRNM) plummeted 7.57 percent to $4.64. Overall, declines led advances 5 […]
There’s water, water everywhere, hardly a drop to use. The latest on Sustainable, Affordable, Reliable, Available biomass feedstocks that keep down the stress on our water tables. Among the compelling presentations at ABLC this month, Daphne Preuss, CEO of Chromatin, one of the leading seed developers, gave one of the real waker-uppers, this on feedstock […]
In Washington, the DOE is making up to $15 million available to demonstrate biomass-based oil supplements that can be blended with petroleum. These “bio-oil” precursors for renewable transportation fuels could be integrated into the oil refining processes that make conventional gasoline, diesel and jet fuels without requiring modifications to existing fuel distribution networks or engines. […]
In Ohio, Arisdyne has received their second patent from the USPTO for their apparatus and method of increasing alcohol yield from grain using controlled flow cavitation. Patent 8,143,460 was issued on March 27, 2012 to both Arisdyne and inventor Oleg Kozyuk. This follows on and reinforces the claims of a related application of controlled flow […]
In Illinois, EBI Network and Pennycress Energy are partnering to promote pennycress as a fuel crop for the Galesburg/West Central Illinois Region. The project, generating interest among growers, will identify possible investors and explore a press mill in the region. Pennycress Energy states that their goal is to net farmers an additional $100 per acre, […]
In the United Kingdom, GEM Biofuels reports that their jatropha plantations have not fared as well as hoped. An internal review has made it clear that despite having planted 55,737 hectares of Jatropha in Madagascar between 2007 and 2009, a lack of resources has resulted in significantly less success than had been hoped. Low intervention […]
In Qatar, Qatar Airways is investing in the California firm Byogy Renewables, reports Bloomberg. Chris Schroeder, a senior manager with QA is quoted as saying, “We’re looking to underwrite an investment into Byogy of up to 10 percent, coupled with an off-take agreement… This will enable the company to go into the market and look […]
