What is different about a Low Carbon Fuel Standard — as compared to a Renewable Fuel Standard? There are 4 primary differences. 1. An RFS creates a standard, and any fuel that meets that standard can compete in that market. Once a fuel has met the low-carbon standard, it becomes entirely about fuel price — […]
Part 1 of the 3-part Digest series: Carbon 2017 For the world of renewable fuels — the only significant carbon legislation on the books, it really doesn’t matter what the oil price is. The RFS creates a separate market for renewable fuels and they compete against each other as alternatives within that market. It’s not unheard […]
By Gregory T. Benz Special to The Digest In a previous article (ref 1), it was stated that both pitched blade turbines and hydrofoils could be successfully used to agitate high-solids lignocellulosic materials, but that the hydrofoil could do the job with less power and torque. This article expands on that comment. A little history […]
In California, DSM led a round of investors that will put up to $95 million in equity financing into Amyris via a registered direct offering of convertible preferred stock, and private placements of convertible preferred stock and warrants. Amyris is in the process of reducing its debt by approximately $75 million. DSM has agreed to […]
From Iowa we received news that Renewable Energy Group has agreed to acquire approximately 82 acres of land at its Geismar, Louisiana biorefinery from Lion Copolymer, for $20M. The goal? To improve and utilize to support existing production capacity and future expansion opportunities. Previously, the land was leased. The near-term gain The transaction is expected […]
In California, scientists at the University of California San Diego and Sapphire Energy have successfully completed the first outdoor field trial sanctioned by the U.S. Environmental Protection Agency for genetically engineered algae. In a series of experiments funded by the U.S. Department of Energy, the researchers tested a genetically engineered strain of algae in outdoor […]
In Washington, Senate Finance Committee Ranking Democrat Ron Wyden (Ore.) and colleagues introduced a clean energy tax reform package that includes a proposal for a technology neutral tax credit designed to encourage the development and production of advanced and cellulosic biofuels. Advanced Biofuels Business Council (ABBC) Executive Director Brooke Coleman said: “The Council and its […]
In Colorado, Gevo has entered into a Supply Agreement with HCS to supply renewable isooctane under a five-year offtake agreement. HCS is a leading global supplier of high-quality hydrocarbon specialty products. Haltermann Carless, a subsidiary of HCS and one of the oldest companies in the world of chemistry, is expected to be the direct customer […]
In California, TerraVia recorded revenue of $4.5M for Q1 2017 compared with $4.9M for Q1 2016. GAAP net loss narrowed to $22.6M for Q1 compared to $26.5M in Q1 2016. Excluding intercompany transactions, revenues from the 50.1% owned unconsolidated SB Oils JV totaled $2.9 million for the first quarter versus $1.1 million in the first […]
In Switzerland, Evolva has signed distribution agreements for its Veri-te resveratrol in Europe with BREKO and Natural. Finding well-matched distributors is a key strategy for driving sales of Veri-te. Both of these distributors understand high quality, branded ingredients, and work only with products backed by strong science. These new partnerships are already bearing fruit with […]
