In Europe, the European Bioplastics trade group projected that worldwide production capacity of bio-based polymer will triple from 5.7 million tonnes in 2014 to nearly 17 million tonnes in 2020. The data show a 10% growth rate from 2012 to 2013 and even 11% from 2013 to 2014. However, growth rate is expected to decrease […]
In Florida, Dyadic reported net Income for Q3 2015 of $1.3 million compared to a net loss of $1.2 million, or ($0.04) per basic and diluted share, for the same period a year ago. At September 30, 2015, cash and cash equivalents were approximately $6.3 million compared to $2.5 million at December 31, 2014. On […]
In Washington, according to EIA data as analyzed by the Renewable Fuels Association, ethanol production averaged 982,000 barrels per day (b/d)—or 41.24 million gallons daily. That is up 13,000 b/d from the week before and the highest total since the week ended 7/10/2015. The four-week average for ethanol production stood at 962,000 b/d for an […]
In Washington, Fuels America is announcing a significant television campaign today calling out Rep. Peter Welch (VT-AL) for signing on to a Congressional letter that was authored by oil industry lobbyists. The first phase of the campaign includes 250 GRPs in the Burlington media market for one week. The ad calls out Rep. Welch for […]
In Washington, the US Environmental Protection Agency published in the Federal Register a highly anticipated final rule implementing its Carbon Pollution Emission Guidelines for Existing Electric Utility Generating Units, also known as the Clean Power Plan (80 Fed. Reg. 64662). A prepublication version of the final rule has been available since August 3. However, the […]
In Minnesota, Reuters is reporting that Cargill will trim up to 4,000 jobs, or 2.5 percent of its workforce and closing an undisclosed number of company offices, The report comes as Archer Daniels Midland, Bunge, Cargill and Louis Dreyfus, among other agricultural giants are girding their loins for extended impacts from China’s growth slowdown and […]
The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, edged up 0.34 percent to 53.38 as enzymes rebounded. For the day, Pacific Ethanol (PEIX) gave back 8.79 percent to $4.46, while Biox (BX.T) plunged 11.76 percent to $0.75. Among other equities, Dyadic (DYAI) jumped 9.29 percent to $1.53. Overall, declines led advances […]
The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, fell 1.08 percent to 53.20 as advanced bio tumbled. For the day, Pacific Ethanol (PEIX) soared 15.06 percent to $4.89, while Metabolix (MBLX) plunged 10.78 percent to $2.07. Among other equities, Dyadic (DYAI) shed 6.04 percent to $1.40. Overall, declines led advances by […]
In Massachusetts, Joule and Red Rock Biofuels said that they plan to merge. The transaction is expected to close during the coming 30 days. Terms were not disclosed. In association with this merger, after a year of important service at a critical transition phase for the company, Joule also announced that CEO Serge Tchuruk, will […]
In Florida, the Dupont Cellulosic Ethanol project in Nevada, Iowa is the debut subject of The Digest’s online short-subject documentary series, The New Places, which is available for streaming as of today, here. “So here we are on a blustery day in late October with the corn off the field, and as you can see the […]
