Author Archive: Jim Lane

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Digest Bioeconomy Index is flat at 53.83 despite a chemicals retreat

Digest Bioeconomy Index is flat at 53.83 despite a chemicals retreat

October 29, 2015 |

The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, was flat at 53.83 despite a chemicals retreat. For the day, Metabolix (MBLX) dumped 9.88 percent to $2.52, while Pacific Ethanol (PEIX) dropped 2.18 percent to $5.82. Among other equities, Biox (BX.T) rallied 20.00 percent to $0.90. Overall, declines led advances by a […]

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Digest Bioeconomy Index rebounds 1.47 percent to 53.89 as ethanol surges

Digest Bioeconomy Index rebounds 1.47 percent to 53.89 as ethanol surges

October 28, 2015 |

The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, rebounded 1.47 percent to 53.89 as ethanol surged. For the day, Solazyme (SZYM) rallied 5.15 percent to $3.06, while Green Plains (GPRE) soared 9.51 percent to $20.61. Among other equities, Biox (BX.T) plunged 15.73 percent to $0.75. Overall, advances led declines 5 to […]

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Ten billion euros of investment in advanced biofuels

Ten billion euros of investment in advanced biofuels

October 28, 2015 |

At a time when carbon emissions should be dropping by 40%-80% EU transport emissions will actually increase by that amount, becoming the number one EU contributor to catastrophic global warming. By James Cogan, Special to The Digest Transport emissions can only be reduced in the 2030 timeframe by traffic efficiencies, biofuels and lower tailpipe emissions.  […]

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USDA Announces $210M for Biofuels Infrastructure 

USDA Announces $210M for Biofuels Infrastructure 

October 28, 2015 |

21 States and Private Partners Match Federal Funds to Expand Infrastructure and Increase Fuel Options for Consumers In Florida, US Agriculture Secretary Tom Vilsack today announced that the U.S. Department of Agriculture is partnering with 21 states through the Biofuel Infrastructure Partnership (BIP) to nearly double the number of fueling pumps nationwide that supply renewable […]

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The Digest Bioeconomy Index drops 2.25 percent to 53.11 as oil prices retreat

The Digest Bioeconomy Index drops 2.25 percent to 53.11 as oil prices retreat

October 27, 2015 |

The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, dropped 2.25 percent to 53.11 based on oil price woes. For the day, Solazyme (SZYM) dumped 10.19 percent to $2.91, while Amyris (AMRS) retreated 6.36 percent to $1.62. Among other equities, Gevo (GEVO) tumbled 8.02 percent to $1.95. Overall, declines led advances 5 […]

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Merger Mania: The Digest looks at rampant biofuels consolidation

Merger Mania: The Digest looks at rampant biofuels consolidation

October 27, 2015 |

In Virginia, Green Plains Inc. announced this week that it had acquired an ethanol production facility in Hopewell, Virginia, located approximately 20 miles south of Richmond, from Future Fuels LLP.  It’s a sign of continuing consolidation in the corn ethanol space. Earlier this year, Aventine merged into Pacific Ethanol. Last September, Flint Hills Resources acquired […]

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Digest Bioeconomy Index drops 1.68 percent to 54.33 as advanced bio slides

Digest Bioeconomy Index drops 1.68 percent to 54.33 as advanced bio slides

October 26, 2015 |

The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, dropped 1.68 percent to 54.33 as advanced bio slid. For the day, Solazyme (SZYM) dumped 7.43 percent to $3.24, while Dyadic (DYAI) rallied 3.63 percent to $1.00. Among other equities, Metabolix (MBLX) lost 6.36 percent to $2.65. Overall, declines led advances 5 to […]

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Bioeconomy’s GOP voters to Prez candidates: It’s OK to mess with the RFS

Bioeconomy’s GOP voters to Prez candidates: It’s OK to mess with the RFS

October 26, 2015 |

How do bioeconomy sector voters view the race to the White House, in Iowa and nationally? Here’s The Digest’s poll. In Florida, a Digest Bioeconomy poll has found that 68% of Republican-oriented bioeconomy sector voters support candidates pledged to end the Renewable Fuels Standard, or phase it out. And a majority of Republican-oriented Bioeconomy voters […]

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Algenol CEO exits; staff cut by 25%, investors re-up for two years, new direction tipped

Algenol CEO exits; staff cut by 25%, investors re-up for two years, new direction tipped

October 25, 2015 |

Sudden re-focusing and trimming of Algenol by its lead investors leads CEO Paul Woods to resign; new direction focused on carbon capture, fresh water production until oil prices recover. In Florida, the hammer dropped swiftly and without warning in Ft. Myers as Algenol lost its CEO, changed its near-term strategy, chopped 45 staff members from its payroll, […]

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Elevance elects New CEO, Tony Parnell, as company “focuses on accelerating revenue growth”

Elevance elects New CEO, Tony Parnell, as company “focuses on accelerating revenue growth”

October 25, 2015 |

K’Lynne Johnson assumes new role as Executive Chairperson, Elevance Board of Directors In Illinois, Elevance Renewable Sciences has appointed Tony Parnell as the company’s new CEO Parnell, succeeding K’Lynne Johnson, who has transitioned to a new role as Executive Chairperson of Elevance’s Board of Directors. Both executive appointments are effective as of Oct. 23, 2015. […]

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