Author Archive: Jim Lane

TerraVia launches AlgaPrime DHA with Bunge, sustainable specialty feed ingredient for the aquaculture market

May 8, 2016 | Jim Lane

In California, TerraVia reported total revenue of $10.9mn, down from consensus estimates $11.9mn, respectively. The ~13.6% y/y decrease was primarily the impact of strategic refocusing of the business, which led to a subsequent de-emphasis on revenue derived from industrial applications. Cowen & Company’s Jeffrey Osborne wrote: “[TerraVia] provided more insight into its transition into a Food, […]

US ethanol production drops to 14.29 billion gallon annual clip

May 8, 2016 | Jim Lane

According to EIA data as analyzed by the Renewable Fuels Association, ethanol production averaged 923,000 barrels per day (b/d)—or 38.77 million gallons daily. That is down 4,000 b/d from the week before. The four-week average for ethanol production stood at 932,000 b/d for an annualized rate of 14.29 billion gallons. Stocks of ethanol stood at […]

Aemetis acquires Edeniq for $23.7M

May 5, 2016 | Jim Lane

In California, Aemetis will acquire all of Edeniq’s outstanding shares in a stock plus cash merger transaction. In 2015, Edeniq generated approximately $20 million in revenue and $6 million in positive EBITDA. Headquartered in Visalia, California, Edeniq has 30 employees working at advanced research and development facilities, as well as pilot plants funded through grants from the […]

Shocker! Jobe makes sudden exit as National Biodiesel Board CEO

May 5, 2016 | Jim Lane

In Missouri, the National Biodiesel Board announced that after nearly 20 years of service to the association, CEO Joe Jobe has left the organization to pursue other opportunities. The board will begin the search for a permanent replacement immediately. Industry reaction Tributes have started to flow in from across the biodiesel spectrum. “The Board of Directors would […]

Takin’ Cellulosic to the Mud Spa

May 4, 2016 | Jim Lane

Out of the unlikely bioeconomy hub of West Palm Beach, Florida, Alliance BioEnergy Plus has revealed what it describes as the “successful completion of its yearlong efforts to optimize its patented CTS technology to extract 100% of the sugar from virtually any cellulosic feed-stock after having it completed and proven by major industry ethanol producers.” […]

Cruz drops out of US Presidential race; last anti-biofuels candidate toppled

May 3, 2016 | Jim Lane

In Indiana, the last anti-biofuels candidate for the US Presidency in 2016 exited the field, when Texas Sen. Ted Cruz announced that he was ending his presidential bid. The announcement clears the path for Donald Trump to take the GOP nomination on the first ballot at the Republican convention this summer. “We left it all […]

Earnings Season: REG, Green Plains, BioAmber, ADM report improving outlooks, growth prospects

May 3, 2016 | Jim Lane

Q1 earnings season for the advanced bioeconomy kicked off this week, with reporting from Green Plains, ADM, REG and BioAmber. That’s an ag giant, an ethanol monster, a biomass-based diesel dominator and a fast-upcoming renewable chemicals maker. Between the four, we have a good opportunity to check the sector’s health. Overall, markets were unhappy today, […]

What Price Feedstock?

May 2, 2016 | Jim Lane

Last week, Digest readers around the world rated feedstocks for the Advanced Bioeconomy. In a 200 million ton scenario, we wondered, which feedstocks are the best bets — and at what price? We say relatively novel because some of them exist in our everyday world — woody biomass for lignocellulosic conversion, or the residues (animal, […]

How to make $250M in cellulosic biofuels with an investment under $6M

May 1, 2016 | Jim Lane

The economics for cellulosic fuels are becoming more and more compelling. Consider the example of Aemetis, which will deploy Edeniq’s Pathway technology at its 60 million gallon per year ethanol production facility located in Keyes, California by Q4 2016. Here’s the bottom line for that technology play. Cellulosic fiber makes up approximately 10% of the […]

Digest Bioeconomy Index is flat at 55.48 despite an advanced bio drop

April 28, 2016 | Jim Lane

The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, was flat at 55.48 despite an advanced bio drop. For the day, Pacific Ethanol (PEIX) tumbled 3,73 percent to $4.91, while Aemetis (AMTX) gained 4.00 percent to $2.86. Among other equities, Waste Management rallied 3.42 percent to $58.33. Overall, advances and declines were […]

Free Subscription

The Biofuels Digest newsletter

The most widely-read biofuels daily — 20,000+ organizations subscribe — why not you too?