In Illinois, Archer Daniels Midland Company reported Q3 net income of $341 million, or $0.58 per Share “After working through the challenging environment in the first half of the year, we capitalized on improving operating conditions in the third quarter and are positioned well for a solid finish to the year,” said ADM Chairman and […]
In Iowa, REG announced plans for its first biorefinery capacity expansion today -a $24 million investment to increase REG Ralston’s annual nameplate production capacity to 30 million gallons. The company will hold a groundbreaking ceremony for the project on Tuesday, November 8 with Iowa Governor Terry Branstad as the featured speaker. Once completed, the Ralston […]
In Morocco, the United Nations climate change negotiations will convene in Marrakech for COP 22. Chair of the Least Developed Countries (LDC) group, Tosi Mpanu-Mpanu, said “COP22 will be an action and implementation COP. As the world’s poorest countries, the LDC group calls for fair and ambitious action. We must build upon the foundations set […]
In Washington, according to EIA data as analyzed by the Renewable Fuels Association, ethanol production averaged 1.022 million barrels per day (b/d)—or 42.92 million gallons daily. That is a dramatic 31,000 b/d increase from the week before and the largest total in nine weeks. The four-week average for ethanol production stood at 993,000 b/d for […]
In California, Pacific Ethanol reported Q3 EBITDA of $9.3M, up from $2.4M in Q3 2015, as sales jumped 10% to $417.8 million and CEO Neil Kophler hailed near “the best production margins of the year from strong ethanol demand and low corn input costs aided by a record corn crop.” Koehler added: “During the third […]
At ABLC Next in California, Arzeda reached a major technical milestone with Amyris as a part of a Defense Advanced Research Projects Agency (DARPA) Technology Investment Agreement. Arzeda’s high-throughput, automated pipeline for protein engineering and pathway discovery has been validated by the production of two keystone molecules which will now be further optimized by Amyris. […]
In Florida, Reverdia took the #1 spot in the 2016 “40 Hottest Emerging Companies in the Advanced Bioeconomy” rankings, published today in The Digest and Nuu, the world’s most widely-read advanced bioeconomy dailies. Last year, Reverdia ranked #12. Gingko BioWorks (#2), Rennovia (#3), Leaf Resources (#4), Mango Materials (#5), Calysta (#6), Bolt Threads (#7), Zymergen […]
At ABLC Next in California, Cellana and PIVEG announced a letter of intent for the joint development and commercialization of Omega-3 oils and other high-value applications from algae biomass. Initially, Cellana will supply PIVEG with material from its Kona Demonstration Facility, and PIVEG will utilize its existing processing equipment and facilities in Central Mexico, while […]
All this week, we’ve been highlighting a series of 5 special industry announcements occurring during ABLC Week. The New CEO at the National Biodiesel Board, the historic partnership between the Carbon War Room, SKyNRG and Sea-Tac Airport to shift the way renewable jet fuel is purchased to move renewables faster towards commercial-scale. Also, S2G BioChem, Mondelēz […]
On October 23-26 the algae industry gathered in Phoenix, AZ for the Algae Biomass Summit , its annual get together. Gone are the glory days of algae biofuels capturing headlines and promising to save the world from climate change. Over the years some of the early players are gone, others have changed focus and others […]
