In Oklahoma, Dynamic Fuels has entered into strategic marketing alliance, commercial off-take and supply chain management agreements with Mansfield Oil Company to distribute synthetic renewable diesel to the commercial fleet vehicle market. Under the strategic marketing alliance, Dynamic Fuels and Mansfield will jointly market renewable diesel. This is expected to provide Dynamic Fuels access to […]
In Brazil, Sermatec Zanini and GeoSynFuels have formed a strategic alliance for the development and commercialization of GSF’s proprietary cellulosic ethanol technology. The strategic alliance allows Sermatec Zanini to earn an equity position in GeoSynFuels in exchange for engineering services and a future role in the sales and marketing of the technology in Latin America. […]
In France and the Netherlands, Avantium and Rhodia have entered into a partnership to jointly develop a range of new bio-based polyamides targeting a variety of applications. Expanding their previously announced development agreement for bio-based engineering plastics, the new agreement will explore a wide range of compositions and applications based on Avantium’s YXY technology in […]
In Washington, BioJet International announced that Joanne Ivancic, Advanced Biofuels USA co-founder and executive director, has joined the company’s advisory board. In Australia, MBD Energy has appointed Australia’s former Chief Scientist, Robin Batterham AO, to its Board as a non-executive director. In Canada, Enerkem announced that Carl Rush, Senior Vice President of Organic Growth for […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, jumped 2.18 percent to 1 3-month high of 74.86. For the day, ADM jumped 1.96 percent to $29.19, while Novozymes (NZMB) soared 6.49 percent to $29.55. Among other equities, Amyris (AMRS) rocketed up 5.69 percent to $9.48. Overall, advances led declines 4 to 1 […]
Freaking out over USDA estimates that 400 new biorefineries are needed to meet RFS goals, by 2022? Ah, grasshopper – the costs and construction needs are far from that dire. It’s all a matter of utilizing the existing fleet and known technologies. Nine years from now, in early 2022, the US Renewable Fuel Standard will […]
In California, Verenium and Tate & Lyle have signed an agreement for the use of one of Verenium’s proprietary enzyme products in the development of novel food ingredients. Under the terms of the agreement, Tate & Lyle receives a technology license with exclusivity assurances in the field of development. Verenium receives $1.5 million in near […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, dropped 0.48 percent to 73.26 as Mission NewEnergy continued its MNELtdown. For the day, BP jumped 4.01 percent to $45.91, while Mission NewEnergy (MNEL) dropped10.31 percent to $0.87 after palm oil biodiesel outlook for the US darkened. Among other equities, BlueFire Renewables (BFRE.OB) soared […]
Companies creating opportunities in feedstocks are getting lots of love from investors, and giant downstream partners like BP and Shell. What’s up in the new upstream? It has not escaped the attention of investors that Renewable Energy Group’s IPO resulted in a $262 million valuation for a company actively earning $2.11 per share through the […]
In India, Novozymes announced an exploratory research agreement with India’s Sea6 Energy to jointly develop a process for the production of biofuels from seaweed. The research alliance will use enzymes to convert seaweed-based carbohydrates to sugar, which can then be fermented to produce ethanol for fuel, fine chemicals, proteins for food, and fertilizers for plants. […]
