In New York, Raymond James energy analyst issued a “tactical downgrade” for KiOR after slashing the share’s value to $2.68 per share from a prior estimate of $5.73. “KiOR’s first production in 2013 marked an important milestone for the company and the cellulosic biofuels industry as a whole. However, inconsistent execution and lack of operational […]
In New York, Governor Andrew M. Cuomo proposed in his State of the State address on Wednesday a $105 million partnership between the NYGC and the University at Buffalo’s Center for Computational Research, enabling genetic discoveries that will potentially save lives by transforming how health care impacts patients. Governor Cuomo’s commitment to vastly enhancing the […]
In North Carolina, research at North Carolina State University have developed a simple, effective and relatively inexpensive technique for removing lignin from the plant material used to make biofuels, which may drive down the cost of biofuel production. The work was recently published in the journal Green Chemistry. Specifically, the researchers use protic ionic liquids […]
In Iowa, the Iowa Renewable Fuels Association announced that Iowa biodiesel production was up 25% in 2013, setting a new record with production topping 230 million gallons of biodiesel. The previous production record was 184 million gallons in 2012. Iowa, the leading producer of biodiesel, is expected to account for 13.5 percent of U.S. biodiesel […]
Why do some biofuels microorganisms fall by the way side? In the case of TMO Renewables, says Hamrick Engineering chief Ed Hamrick, it is not about running out of money. It’s about running out of reasons to be. Last week we reported that, despite a number of high-profile joint ventures and licensing deals, TMO Renewables […]
Woods, Gradin, Janzen to address Winning Strategies for Reaching Scale and other topics at ABLC 2014. In Florida, Biofuels Digest announced that Algenol CEO Paul Woods,GranBio CEO Bernardo Gradin and Cool Planet CEO Howard Janzen will present addresses on ABLC 2014’s opening morning — under the general theme of Hot Companies and Winning Strategies. Algenol, […]
In Massachusetts, Aphios Corporation announced that it was granted United States Patent No. 8,540,847 entitled “Methods and Apparatus for Processing Cellulosic Biomass” for its Aosic enabling technology platform. In the Aosic process, biomass is contacted with SuperFluids such as carbon dioxide with or without small quantities of polar cosolvents such as ethanol, both sourced from […]
In Missouri, Monsanto reported on track results for the first quarter of its fiscal year as the company reaffirmed its earnings growth and free cash flow guidance for fiscal year 2014. For Q1, Monsanto reported a net income of $368 million, compared to $339 million for the same quarter in 2013. Monsanto also confirmed its […]
In Hong Kong, China Everbright International Limited announced that it has won a bid for a waste-to-energy project in Ma’anshan City of Anhui Province. Everbright will set up a joint venture company with Ma’anshan Urban Development Investment Group for the construction of the Project on a build-operate-transfer basis, and both parties will own a 50% […]
In the United Kingdom, GDF Suez Energy UK has signed a third long-term power purchase agreement with SITA UK. The latest PPA is for electricity produced from a 34 MW energy-from-waste facility which is to be built at Severnside, South Gloucestershire. The PPA will allow GDF SUEZ Energy UK, a dedicated business-to-business energy supplier, to […]
