Author Archive: Jim Lane

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REG completes Syntroleum acquisition

REG completes Syntroleum acquisition

June 3, 2014 |

Largest US biodiesel producer set to control 75 Mgy Dynamic Fuels renewable diesel plant; follows on from LS9 acquisition. In Iowa, Renewable Energy Group announced that its wholly-owned subsidiary, REG Synthetic Fuels, LLC, has closed its acquisition of substantially all of the assets of Syntroleum Corporation. Syntroleum advised REG earlier Tuesday that a majority of […]

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Lone Star: Aurora Algae finds a whole new kind of oil for Texas

Lone Star: Aurora Algae finds a whole new kind of oil for Texas

June 3, 2014 |

An ex-shrimp farm along South Texas’ Grand Strand of Aquaculture and a high-tech algae technology make unlikely partners. Tracking the first commercial locations and products of the nascent algae industry sometimes feels like the board game known as CLUE. In the board game, players were supposed to discover, for example, whether the crime was committed […]

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Abengoa inks 36-month pact with Deinove as new industrial partner

Abengoa inks 36-month pact with Deinove as new industrial partner

June 3, 2014 |

In France, Deinove announced a 36-month collaboration agreement with Abengoa, with the support of Bpifrance, to develop at industrial scale DEINOVE’s consolidated bioprocess (CBP) using Deinococcus bacterium, to digest and convert agricultural residues to ethanol at a competitive cost. Performances obtained with substrates supplied to Deinove by Abengoa will be evaluated in order to set […]

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EPA outlines 30% cut in power-gen CO2 by 2030: what’s the role for carbon capture and use, algae?

EPA outlines 30% cut in power-gen CO2 by 2030: what’s the role for carbon capture and use, algae?

June 3, 2014 |

EPA comes down hard on CO2, with proposed rule calling for deep emission cuts, but opts for highly-flexible, state-by-state approach Carbon Capture and Use not deemed a key strategy, but algae advocates aim to change that thinking. In Washington, EPA Administrator Gina McCarthy proposed a climate action rule that, by 2030, will cut carbon emissions […]

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Biofuels Digest Index dips to 74.75 as chemicals fall

Biofuels Digest Index dips to 74.75 as chemicals fall

June 3, 2014 |

The Biofuels Digest Index, an index of publicly traded biofuels stocks, declined 0.43 percent to 74.75 as chemicals dipped. For the day, KioR (KIOR) rebounded 12.13 percent to $0.49, while Amyris (AMRS) slumped 5.56 percent to $3.23.  Among other equities, Ceres (CERE) rallied 4.85 percent to $0.68. Overall, declines led advances 8 to 7 for […]

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REG to offer $125 million of convertible senior notes due 2019

REG to offer $125 million of convertible senior notes due 2019

June 2, 2014 |

In Iowa, the Renewable Energy Group announced that it intends to offer, subject to market and other conditions, $125 million aggregate principal amount of convertible senior notes due 2019. In connection with the offering, REG expects to grant the underwriters an option to purchase up to an additional $18.75 million aggregate principal amount of such […]

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EPA Administrator Gina McCarthy to speak on President Obama’s Climate Action Plan

EPA Administrator Gina McCarthy to speak on President Obama’s Climate Action Plan

June 2, 2014 |

In Washington, EPA Administrator Gina McCarthy will deliver remarks today on EPA’s plans to enact President Obama’s Climate Action Plan to cut carbon pollution from existing power plants. The announcement will outline a common sense and flexible approach to cut harmful pollution, protect public health, continue economic growth, and spur innovation. McCarthy will speak at […]

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Navy posts pre-solicitation synopsis for 2015 fuel deliveries

Navy posts pre-solicitation synopsis for 2015 fuel deliveries

June 2, 2014 |

In Washington, the US Navy has posted the Inland/ East/ Gulf Coast Pre-Solicitation Synopsis on the FedBizOpps website, and will be officially opening the solicitation soon. The Navy seeks fuel deliveries between April 1, 2015 and March 31, 2016. Vendors may submit bids with ethanol blend rates between 10% and 50% using FT and HEFA […]

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Prairie Horizon Agri-Energy purchases ICM’s Selective Milling Technology

Prairie Horizon Agri-Energy purchases ICM’s Selective Milling Technology

June 2, 2014 |

In Kansas, Prairie Horizon Agri-Energy has purchased ICM’s patent-pending Selective Milling Technology for its ethanol plant. SMT is a value-added platform technology for plant yield enhancement that has been purchased to run in sixteen ethanol plants in North America. This sale raises the throughput for the technology to 1.6 billion gallons of ethanol this year […]

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Hemp Inc., View Systems to collaborate on security solutions

Hemp Inc., View Systems to collaborate on security solutions

June 2, 2014 |

In Nevada, the Industrial Hemp and Medical Marijuana Consulting Company, a subsidiary of Hemp Inc, has signed a consultant agreement with View Systems, Inc to provide product distribution, professional sales and marketing services, and sales representation for the View-Scan security product line to the Industrial Hemp and Medical Marijuana Industries. “This is our 11th signed […]

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