In California, Solazyme reported Q3 revenue of $11.4M compared with $17.6M for Q3 2014.The year over year decline in revenues was due to expected decreases in funded program revenue and slower than anticipated adoption rates for Encapso lubricant, the company said. On a sequential quarter basis, revenues were roughly unchanged due to improved Algenist performance, […]
In Denmark, Novozymes reached #1 in Science Magazine’s annual Top Employers Survey today. The survey polls employees in the biotechnology, pharmaceutical, and related industries to determine the 20 best employers globally. The key driving characteristics of the ranking were ‘Innovative leader in the industry’, ‘Treats employees with respect’ and ‘Is socially responsible’. “We are very […]
In Washington, Fuels America will launch a seven-figure TV and digital ad campaign Friday morning depicting President Obama’s choice of who to listen to when it comes to the Renewable Fuel Standard: his own experts who have repeatedly shown that ethanol and renewable fuel is dramatically reducing carbon emissions, or the oil industry, which has […]
In Germany, UFOP reports that rapeseed exports of the EU-28 member states to third countries amounted to 260,000 tonnes in total. At the same time, trading of rapeseed oil within the Community was in excess of eleven times this quantity, totalling 3.3 million tonnes. According to Agrarmarkt Informations-Gesellschaft GmbH (AMI), Germany was the single most […]
In Wisconsin, Alfa Laval reports that its WideGap gasketed plate heat exchangers are improving yields while minimizing unwanted by-products – “ideal for bio-based chemicals and fuels containing fibers or particulates,” the company adds. Alfa Laval WideGap is specially designed for fibrous fluids, where the plate channels or gaps are much wider than a traditional plate […]
In Washington, according to EIA data as analyzed by the Renewable Fuels Association, ethanol production averaged 944,000 barrels per day (b/d)—or 3www.9.65 million gallons daily. That is down 7,000 b/d from the week before. The four-week average for ethanol production stood at 948,000 b/d for an annualized rate of 14.53 billion gallons. Stocks of ethanol […]
In California, Vertimass completed its DOE technology validation that verifies the benchmark performance, initial process design and preliminary cost information for a new award of $2 million by the U.S. Department of Energy’s Bioenergy Technology Office. This achievement allows Vertimass to move fully forward with building the foundation from which to begin scale up within […]
In Washington, 80 percent of US registered voters support a renewable fuel standard today and just 10 percent oppose. The remaining 9 percent are unsure. Moore Information conducted an online survey of registered voters nationwide on behalf of the National Biodiesel Board. The survey showed continued support for a national renewable fuel standard to support […]
The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, gained 0.84 percent to 54.28 as advanced bio equities surged. For the day, Solazyme (SZYM) rallied 8.61 percent to $3.28 on news of expansion of its Bunge partnership, while Aemetis (AMTX) shed 5.38 percent to $2.46. Among other equities, BioAmber (BIOA) jumped 3.18 […]
The Digest looks at security and energy security If you’re feeling somewhat nervous about global stability, you’re not alone. This week, the head of Russian state intelligence service, Alexander Bortnikov, warned of a potential “invasion of Central Asia” by Taliban or ISIS forces. And, the US and China are in a tense situation in the […]
