In California, OriginOil has announced a joint venture with algae producer Aquaviridis, based in Mexico. Commerical scale production capacity is expected by the second quarter of 2013. Says OriginOil’s VP of marketing, Ken Reynolds, “The Mexicali Valley is a great place to develop an algae industry, given its climate and access to industry research and […]
Six teams, six projects test the frontier — where the best of solar-electric and the best of bio-based create a new field of biosolar technologies — for fuels, materials, sensors and more. When it comes down to it, a living organism such as a plant is an incredibly sophisticated next-gen solar panel, harvesting light as […]
In Texas, Valero’s 2011 fourth quarter and annual reports states that their ethanol segment reported its highest quarter ever with $181 million in operating income, versus $70 million in the fourth quarter of 2010. The increase in ethanol operating income was mainly due to higher gross margins and an increase in production volumes to a […]
In North Dakota, Green Vision Group of Fargo, Heartland Renewable Energy of Muscatine, Iowa, and North Dakota State University have partnered in a $1 million R&D project to produce advanced biofuels from energy beets. The $1 million phase II project includes $500,000 in funds from the North Dakota Renewable Energy Council, with approval from the […]
In California, Ceres’ impending IPO has now been placed on the NASDAQ calendar for February 9th. The company says that it expects to raise up to $132 million, in sales of 5 million shares at in the $21-$23 price range, including the sale of up to 750,000 shares over allotted to underwriters. According to the […]
In Cuba, the government is considering allowing foreign investment in sugar cane based ethanol production. Tovar Nunes, a Brazilian Foreign Ministry spokesman stated, “Fidel’s resistance in this field is being overcome.” Fidel has historically been against ethanol based on concerns that this would compete with food production. Over the last 7 years, the Cuban sugar […]
In Ontario, EcoSynthetix has secured $2.1 in funding from Sustainable Development Technology Canada. This funding will support a project for the further development of EcoSynthetix’s novel EcoMer bio-based monomer platform that has the potential to address a $30 billion target market across multiple industrial applications such as toners, water-based inks, water-based paints and coatings, surfactants […]
In Indonesia, Trade Minister Gita Wiyawan responded the EPA’s announcement against palm oil, stating, “We will convey our dissenting arguments on February 27 in accordance with the deadline for the filing of objections. We have already met business asociations to formulate our arguments regarding the US policy.” Another official, director general of foreign trade, Deddy […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, rose 0.45 percent to a new 3-month high of 75.20. For the day, ADM slipped 0.07 percent to $29.17, while Mission NewEnergy (MNEL) recovered 34.15 percent to $1.10. Among other equities, Amyris (AMRS) rocketed up again 6.96 percent to $10.14. Overall, advances led declines […]
If the RFS the bedrock of the US biofuels industry’s strategy, does industry not owe the US Congress an affordable, reliable roadmap for how the targets will be reached? Is the brouhaha over missed cellulosic ethanol targets for 2011 and 2012 a meal that will be served to industry, over and over again, like a […]
