In the United Kingdom, Black Pearl Capital Partners lead a $12 million capital raise for Ennovor Group, who will invest the proceeds of the financing during the fourth quarter of 2013 to fund capacity growth at its Bromborough Facility and to expand its European tolling program. Black Pearl Capital Partners is a private equity fund […]
With a $8 million award from the French government, Deinove heads for the next level in developing deinococcus as a biofuels and chemicals platform. What’s next for consolidated bioprocessing via the roughest, toughest bacteria genus that Mother Nature has yet devised? At some point in your reading, you may have run across the assertion that, should […]
In California, Marrone Bio Innovations announced that the state of California has issued a Certificate of Pesticide Registration for Zequanox to control invasive zebra and quagga mussels (Dreissena species) in pipe systems and infrastructure. Under this registration, Zequanox can now be used as an effective, environmentally responsible alternative to toxic, broad-spectrum chemicals (such as chlorine) […]
In the United Kingdom, BP announced a new technology, Hummingbird, that directly converts ethanol to ethylene through dehydration. Hummingbird is a newly developed proprietary process by which ethanol is dehydrated to produce ethylene. BP states that the new technology is lower cost and simpler compared to existing ethanol to ethylene technologies. “Hummingbird is a next […]
In Minnesota, BioAmber announced a net loss of $9.0 million, or $0.48 per share, for the three months ended September 30, 2013, compared to $11.6 million, or $1.12 per share, for the three months ended September 30, 2012. Highlights including achieving the final development milestone for the yeast licensed exclusively from Cargill, sales of $866,000 […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, rebounded 0.63 percent to 64.36 as ethanol recovered. For the day, Aemetis (AMTX) jumped 11.76 percent to $0.19, while Green Plains Renewable Energy (GPRE) climbed 5.40 percent to $16.00. Among other equities, KiOR (KIOR) dropped 5.88 percent to $2.40. Overall, advances led declines 2 […]
In California, Codexis signaled the end of its cellulase enzyme adventure in cellulosic biofuels with the wind-down of its CodeXyme business. CEO John Nicols said, “Given the market’s undervaluation of the prospects and continued slow build out of cellulosic ethanol facilities, we have not been able to secure a suitable partnership or transaction for our […]
Slow pace, low yields have depressed KiOR’s share prices, but tripled production and revenue has recently delighted the markets. What’s up with the cellulosic biofuels leader? Good news, bad news? If you have ever spent any time reading up on ion thrusters — a next-gen engine technology that NASA recently employed on the Dawn spacecraft […]
By Mary Rosenthal Executive Director, Algae Biomass Organization I had the privilege of sitting in the Science, Space, & Technology Committee Room of the Rayburn House Office Building last month for the launch of the new Congressional Algae Caucus with its bi-partisan chairmen, Republican Matt Salmon of Arizona and Democrat Scott Peters of California. They, […]
In France, Axens, IFP Energies nouvelles and Michelin have announced the launch of a plant chemistry research partnership to develop and bring to market a process for producing bio-butadiene. They are also committed to laying the groundwork for a future bio-sourced synthetic rubber industry in France. This project is the BioButterfly process, which will cover […]
