The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.92 percent to 73.08 as advanced biofuels equities retreated. For the day, Solazyme (SZYM) fell 1.73 percent to $13.05, while Renewable Energy Group (REGI) recovered 3.19 percent to $9.71. Among other equities, Gevo (GEVO) shed 4.09 percent to $8.21. Overall, declines led advances […]
Can companies like Mascoma and Sud-Chemie, by transforming the economics of cellulosic ethanol, compete at parity with gasoline – no subsidies, no five-years-to-commercial-scale, no kidding? Today, we continue a three-part series, “Shake It Up, Baby: The Rock Stars of Biofuels unveil their latest hits”, looking at some of the newest and hottest alternatives to the […]
In Nebraska, Green Plains Renewable Energy (GPRE) announced that they are repurchasing 3.7 million shares of common stock from their largest investor, NTR Plc of Ireland. They have also announced the pricing of an underwritten public offering of 3.0 million shares of its common stock by NTR at a public offering price of $10.41 per […]
In California, Arcadia Biosciences and Bioceres have formed a new 50/50 joint venture named Verdeca to develop and deregulate soybean varieties with next generation agricultural technologies. Working in partnership with South American growers, soybeans incorporating Verdeca technologies will help increase crop productivity and make more efficient and sustainable use of land and water resources. Due […]
In Washington, Codexis, Velocys, and CoolPlanet have joined the Advanced Biofuels Association, bringing its roster to 40 member companies. “Our members are demonstrating real world success every day by moving advanced replacement fuels from the beaker to the barrel, all in record time, without a lifetime of federally subsidized handouts,” said ABFA President Michael McAdams. The […]
In England, Bloomberg reports that DSM CEO Feike Sijbesma is looking to establish ventures in Europe, China and Brazil that are similar to the agreement established with Poet last month. In an interview conducted in London, Sijbesma is quoted as saying, “…We can expand this to other regions of the world with other materials. We […]
In Japan, Sojitz and Hitachi Zosen have launched a project for production of ethanol from potato starch residue in the Keshan State Farm in Harbin City, in China’s Heilongjiang Province. The project is being conducted jointly with Harbin-based Beidahuang Potato Industry Group, a potato processing firm under the management of the General Bureau of State […]
In Brazil, UNICA protested over what it said are misconstrued reports over Brazilian government plans to support the sugarcane and ethanol industries. “Media reports this week have seriously misconstrued an announcement made on Friday, February 24, by the Brazilian Agriculture Ministry,” IUNICA said in a released statement. “The announcement, dubbed a “Strategic Plan” for the […]
In Canada, Alberta Innovates Bio Solutions has awarded $4 million in grants to Ceapro, Radient Technologies and TerraVerdae BioWorks over the next three years to assist commercialization efforts for projects totalling more than $15 million. Ceapro will be working on scaling up a technology that creates oat-based ingredients for cosmetics and personal-care products. Radient is […]
In Washington, 65 percent of algae producers said they plan to expand capacity in 2012, according to a new survey from the Algal Biomass Organization. The survey found that respondents were optimistic that algae biofuels will be commercially available and competitive with fossil fuels by 2020, with 90 percent believing that it is at least […]
