The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, slipped 0.20 percent to 74.75 as ethanol retreated. For the day, Amyris (AMRS) fell 11.02 percent to $5.73, while Pacific Ethanol (PEIX) plunged 24.22 percent to $1.22. Among other equities, Solazyme (SZYM) was up sharply, 9.22 percent to $14.34. Overall, declines led advances 9 […]
While confusion reigneth on Shell’s plans for cellulosic ethanol, the company quietly builds a drop-in biofuels pilot plant in Texas, based on Virent’s bioforming technology. For some time, Shell watchers in the biofuels sphere have been hard pressed to determine exactly how the company will proceed in developing out its advanced biofuels strategy. After a […]
In New Hampshire, Mascoma announced today that FDA, after scientific review, supports the use of the Mascoma Grain Technology yeast product as a processing aid in the production of animal feed, which is a by-product of the corn ethanol conversion process. MGT is the first commercial application of Mascoma’s proprietary consolidated bioprocessing (CBP) technology platform […]
In California, Amyris has completed a $58.7 million private placement of its common stock and placed $25 million in 3% senior unsecured notes due in 2017. The private placement of its common stock included Temasek Holdings, Total, and Naxyris, as well as new investors Biolding Investment, and entities affiliated with Kleiner Perkins investor John Doerr […]
In California, Pacific Ethanol reported annual revenues of $901.2 million and net income of $1.8 million, up from revenues of $328.3 million and net income of $71.0 million in 2010. Net income in 2010 included a non-cash gain from bankruptcy exit of $119.4 million. Adjusted EBITDA for 2011 was $5.3 million, an improvement from a […]
In Japan, Ajinomoto and Toray will conduct a joint research for manufacturing the nylon raw material 1,5-pentanediamine from the amino acid lysine produced from plant materials by Ajinomoto using fermentation technology, and commercializing a biobased nylon made from this substance. The two companies have already carried out successful test production of 1,5-PD using Ajinomoto’s feed-use […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 0.11 percent to 74.90 as ethanol jumped strongly again. For the day, Amyris (AMRS) recovered 7.33 percent to $6.44, while Pacific Ethanol (PEIX) soared 15.83 percent to $1.61. Among other equities, Biofuel Energy (BIOF) was up sharply, 7.59 percent to $0.85. Overall, advances […]
As President Obama highlights the role of algal biofuels in the long-term energy strategy, critics and supporters duke it out over the nearer-term prospects, as R&D spending increases. In Washington, the Obama Administration outlined a new $14 million round of R&D grants for algal biofuels, as the US President highlighted algal biofuels in a speech […]
In an update to our story The Enzyme Wars, a group of researchers from Lawrence Berkeley National Lab and the Joint BioEnergy Institute write: “the results from a recently-published paper on enzyme costs may help contextualizing the numbers offered by Novozymes (and any other enzyme companies). In “The Challenge of Enzyme Cost in the Production […]
In Germany, BASF reports that their formic acid is now being used successfully in the Nordic countries, Switzerland and Austria to remove slippery ice from roads, sidewalks and bikeways – not just at airports. Their formic acid salts are particularly suitable for removing thin coats of ice and can also be used as a preventive […]
