In Minnesota, Calyxt, the gene editing agriculture company, raised $56M and priced its NASDAQ initial public offering of 7 million shares at $8.00. The number of shares in the offering was sweetened to 7 million this week, from the original estimate of 6.06 million — and the price was substantially lower than the expected $15.00-$18.00 […]
In Washington state, Carbon War Room and SkyNRG have joined with the Port of Seattle to announce recommendations for long-term funding mechanisms that could supply all airlines at Seattle-Tacoma International Airport (Sea-Tac) with sustainable aviation biofuels. The report, titled Innovative Funding for Sustainable Aviation Fuel at U.S. Airports: Explored at Seattle-Tacoma International, reveals the financial […]
Honeywell’s UOP has developed a renewable jet fuel processing technology, a renewable diesel process, as well as a joint venture, Envergent Technologies, that will market technologies and equipment for generating power, transportation fuel and heating oil from biomass using pyrolysis. UOP also owns a Renewable Energy & Chemicals business that produced green diesel using its Ecofining […]
By Dr. Bernard Cooker, Chemical Processing Solutions, Consultant with Lee Enterprises Consulting Special to The Digest Biomass-based green polymer and monomer projects, as reported in Chemical and Engineering News and Chemical Engineering Progress in Q1, Q2 2017 are surveyed. The focus here is on combinations of low raw material cost, commercial scale operation and high […]
One of the more striking outcomes from the DOE Bioeconomy 2017 conference in Washington DC was confirmation of the demise of Joule Unlimited. “We had a lot of prospects last year,” former CEO Brian Baynes told The Digest, “but those new investor prospects walked away, particularly post election. The insiders would have been happy to […]
Renmatix is a technology licensor that enables the production of petrochemicals from plants. The company’s water-based Plantrose process is the lowest cost method for converting a wide range of non-food biomass into cellulosic sugars, used in the global chemical and fuels markets.
In Colorado, ChemCatBio announced a new 2017 directed funding assistance opportunity. It’s an opportunity for industry and academia to engage with ChemCatBio to tackle challenges associated with these core research themes, to leverage our capabilities and expertise to overcome any process-specific obstacle, or to collaboratively generate new advanced capabilities. ChemCatBio is a research and development consortium dedicated […]
Rennovia, Inc. is a chemical process technology development company focused on the creation of novel processes for the cost-advantaged production of commodity and specialty chemicals from renewable feedstocks. Rennovia is developing processes for the production of biobased glucaric acid, adipic acid, 1,6-hexanediol, hexamethylenediamine (HMD), and other important building blocks for a wide range of functional materials. […]
In Washington, U.S. Secretary of Energy Rick Perry today announced $40 million in Department of Energy awards for the establishment of four DOE Bioenergy Research Centers (BRCs), which will provide the scientific breakthroughs for a new generation of sustainable, cost-effective bioproducts and bioenergy. The following centers were selected based on an open competition using outside peer […]
Last month, at the annual BIO convention, ExxonMobil and Synthetic Genomics announced a breakthrough in joint research into advanced biofuels involving the improvement of the Nannochloropsis gaditana algae strain. Currently at proof of concept scale, at the productivity rates seen under lab conditions, the strain could produce up to 1600 gallons per acre per year of […]
