The Biofuels Digest Index, an index of publicly traded biofuels stocks, jumped 1.44 percent to 64.10 as advanced biofuels rose. For the day, Syntroleum (SYNM) soared 35.77 percent to $3.34 on acquisition news from REG. Meanwhile, REG (REGI) also jumped, up 5.11 percent to $11.10. Among other equities, Archer Daniels Midland (ADM) advanced 4.00 percent […]
Here comes the whale. “The Chemical Company” jumps deeper into renewables, as Renmatix’s Plantrose technology nabs BASF’s attentions. Production of industrial sugars from non-edible biomass heads for the next level. In Pennsylvania and Germany, BASF and Renmatix signed a non-exclusive joint development agreement to scale up the Renmatix Plantrose process for the production of industrial […]
In Oklahoma, and Iowa, Renewable Energy Group announced that it would acquire substantially all of the assets of Syntroleum Corporation, and assume substantially all of the material liabilities of Syntroleum, for 3,796,000 shares of REG common stock worth $40.08 million at today’s market close. The purchase price subject to reduction in the event that the […]
In Canada, Member of Parliament Dan Albas announced an investment to help farmers turn traditional crops into new revenue streams by extracting natural chemicals from plant materials for use in foods and cosmetics. Through the AgriInnovation Program, the Government of Canada is investing up to $300 000 to help Mazza Innovation Ltd. study the economic […]
In the Netherlands, DSM and Natuurmonumenten (Society for the Preservation of Nature in the Netherlands) are together looking for a partner who is willing to use the biomass generated from the nature-reserve maintenance activities of Natuurmonumenten as a raw material in the production of, for example, renewable fuels and bio-based materials. The signing of the […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, was flat at 63.19 despite an enzymes dip. For the day, Syntroleum (SYNM) fell 4.65 percent to $2.46 on acquisition news from REG. Meanwhile, curiously REG (REGI) also fell, down 0.47 percent to $10.56. Among other equities, Gevo (GEVO) recovered 5.26 percent to $1.20. […]
In Colorado, Gevo announced the closing of its previously announced public offering of 18,525,000 common stock units, at a price to the public of $1.35 per unit. Overall, the company raised $25 million. Each common stock unit consists of one share of common stock and a warrant to purchase one share of common stock, which […]
In California, researchers from the DOE-Office of Science funded Joint BioEnergy Institute (JBEI), in conjunction with staff from the DOE-Office of Energy Efficiency and Renewable Energy funded Advanced Biofuels Process Demonstration Unit at Lawrence Berkeley National Laboratory, published the paper, “Scale-Up and Evaluation of High Solid Ionic Liquid Pretreatment and Enzymatic Hydrolysis of Switchgrass,” in […]
In Florida, Biofuels Digest announced the opening of voting for the 2013-14 Top 100 People in Bioenergy. In all, more than 250 company executives, trade association leaders, policymakers and researchers around the world are on the ballot — and more than 450 people (including write-ins) are expected to receive support from Digest readers and the […]
In Kansas, INVISTA and Ingenza announced a collaboration for the development of new technologies to enable bio-derived processes for the production of industrial chemicals. The collaboration will leverage INVISTA’s capabilities in biotechnology and catalysis, and knowledge of the chemicals industry, and Ingenza’s synthetic biology and industrial biotechnology capabilities for the development of new, bio-derived routes […]
