In China, Australia’s Algae.Tec has signed a binding MOU for a 50/50 equity joint venture (JV) in China with Chinese company the Shandong Kerui Group Holding Ltd. The first project under the JV will be for the construction of a 250-module algae biofuels facility in China to be equally funded by both parties. At the […]
In Malaysia, Japan’s Toyo Engineering Co in a joint venture with Glycos Biotechnologies and Malaysian developer Bio-XCell will build a 10,000 ton per year ethanol plant in Johor Baru by Q2 2013. The facility that will use from crude glycerin from the production of palm methyl ether as feedstock will expand to 30,000 tons per […]
In California, BioSolar plans to enter into strategic partnerships with manufacturers that will further reduce the cost to produce its BioBacksheet product and provide sufficient capacity to supply substantial quantities to major customers. The company touts its BioBacksheet as made from renewable green material, features many unmatched properties that include lower cost, higher durability, and […]
Today on Twitter. MSStateEcoCAR2: “@ecomagination: #DidYouKnow 39% of leadership positions in the #cleantech field are held by women? Krumlberg: US on path to energy self-sufficiency: BP forecasts biofuels, shale gas and unconventional oil will let North Am… Cenusabioenergy: Interested in advanced transportation biofuels? Check out Cenusa Bioenergy, a joint USDA-Iowa State U. project. AgBlogFeed: RFA […]
In Illinois, researchers at the University of Illinois have developed a computer model to run simulations on how to grow biofuel crops and convert them into fuel, optimizing operations to bring down costs, reduce greenhouse gas emissions or achieve other goals. The model took into account regional attributes such as weather, crop yield, farm size […]
In Washington state, many organic tree fruit growers and biofuel crop growers across the state are very surprised by the Washington State Horticultural Association’s unilateral opposition of this widely supported legislation that would allow farmers to obtain a small amount of new water from the Columbia River and the Snake River to help increase production […]
In Massachusetts, Myriant announced that Werner Praetorius, Ph.D. has joined their Strategic Advisory Board, and Susan Hager has been appointed as SVP of Corporate Communications and Government Affairs. Praetorius’s career includes 29 years with BASF SE, and he is currently a non-executive member of the Board of Directors of Swiss-based EMS-Chemie Holding. Hager has more […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, jumped to 72.33 in a broad gain across all biofuels sectors. For the day, BP rose 0.72 percent to $44.56, while Rentech (RTK) upped 5.52 percent to $1.53. Among other equities, Gevo (GEVO) gained 4.44 percent to $6.35. Overall, advances led declines 11 to […]
Joule Unlimited raises $70 million in its latest round; heads for commercialization in New Mexico In Massachusetts, Joule Unlimited announced the closing of a $70 million third round of funding, bringing its total to just over $110 million raised to date. The round included investments from both new and prior undisclosed institutional and private sources […]
In Iowa, the Renewable Energy Group IPO is scheduled to price tomorrow, with a price range of $13-$15 and total proceeds of up to $120 million. At a mid-point range of $14 per share, the company will have a market capitalization of $400 million. If successful, the company’s IPO will be the sixth successful IPO […]
