The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, dumped 2.29 percent to 73.54 as Amyris (AMRS) took a huge dive on a production slowdown announcement. For the day, ADM shed 0.59 percent to $30.57, while Amyris (AMRS) plummeted 28.16 percent to $6.99. Among other equities, Mission New Energy (MNEL) rebounded 48.35 percent […]
In this two-part series, we look at the IPO market for industrial biotech stocks. Today, we look at 10 companies in the IPO queue right now. Who’s been revising their prospectus, and what does that mean? In Part II of our series, we look today at Ceres, Myriant, PetroAlgae, BioAmber, Elevance, Genomatica, Enerkem, Mascoma, and […]
In California, Amyris announced major changes to its financing, strategy and near-term production targets, disclosing that it has produced only 1 million liters of biofene to date at three tolling facilities, compared to a 2011 target of 9 million liters originally set in April 2011, and reduced to 1-2 million liters in an update later […]
In Massachusetts, the Massachusetts Clean Energy Center and the Massachusetts Technology Transfer Center announced that three clean energy researchers were awarded $40,000 in grants each through MassCEC’s Catalyst Program. Carolyn W.T. Lee-Parsons, Ph.D, of Northeastern University, received a grant to improve the economics of biodiesel production through cultivation of microalgae engineered with increased oil biosynthesis. […]
In Finland, Neste Oil and Raisio jointly stated that the two companies believe that the biofuel and food industries share a number of major potential synergies, and that the confrontational view should be discarded. Looking forward, both companies stated that they believe that it will be possible to make more efficient use of field-based biomass […]
In Canada, Lignol announced that they have been awarded up to $2.06 million in additional SDTC funding, for a total of $6.78 million awarded to date. The duration of the current work plan, that started September, 2009 with the support from SDTC, will be extended until Q3 2013 with an overall total project cost estimated […]
In England, TransWorldNews reports that a new report says the global bioplastics market is anticipated to reach 1.9 million tonnes by 2017. The report is titled “Bioplastics – A Global market Overview and can be found here .
In Belgium, the ISAAA released a report on the use of biotech crops, stating that approximately 160 million hectares of biotech/GMO crops were planted. According to the EurActive article, this represents an 8% increase, and the work of 16.7 million farmers spread over 29 countries. ISAAA also reported a more than four-fold increase by farmers […]
In Oklahoma, a House Panel approved HB 2189, which would make commercial production of castor beans a misdemeanor, with a fine of $500 dollars. On one side are concerns that this would be a beneficial crop for biofuels, but because of the ricin they contain, there is a probability of contamination of any nearby food […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, slipped 0.23 percent to 75.26 as advanced biofuels stocks declined. For the day, ADM gained 1.08 percent to $30.75, while Amyris (AMRS) rebounded 7.87 percent to $9.73. Among other equities, Gevo (GEVO) dropped 4.36 percent to $8.99. Overall, advances and declines led advances 4 […]
