In Nebraska, Green Plains Renewable Energy announced that it will acquire two ethanol plants of BioFuel Energy Corp. for approximately $101 million, plus working capital at closing, from an entity composed of its lender group. Green Plains intends to fund the purchase with approximately $77 million in term debt and the balance in cash. The […]
Want to make renewable fuels at warp-speed — and possibly at an unwarped price — try these 10 fairly amazing paths to making fuels from biomass faster than you can say “subsidy-free”. Hey kids! You really can make free crude oil. Amaze your friends. Make Dad real happy. Mom can help you with the recipe. […]
In Indiana, Dow AgroSciences was honored for solutions to the agricultural industry. Its Refuge Advanced powered by SmartStax won the Best Stewardship Program. StartStax is the first single-bag solution helping growers meet regulated refuge requirements and protecting their crops from above- and below-ground pests with multiple insecticidal modes of action. This helps reduce the potential […]
In France, Global Bioenergies announced that they have achieved a major milestone with a large US-based industrial group, with whom Global hand signed a license option agreement in December of 2010. According to the terms of this agreement, a license option was granted to the industrialist for a maximum of three years. If, during these […]
In New York, Rob Stone and James Medvedeff of Cowen & Company wrote of Amyris’ Q3 results: “Q3:13 26¢ cash loss was narrower than St. (30¢) on other income, but revenue was 48% light, GM negative, and Q4 product sales trimmed. Partner funding adds cash in Q4, but only half of 2014 is contracted….Cost of […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, rebounded 1.15 percent to 66.80 as advanced biofuels soared. For the day, Ceres (CERE) rocketed up 41.89 percent to $2.10, while Aemetis (AMTX) dropped 10.71 percent to $0.25. Among other equities, Gevo (GEVO) rose 2.99 percent to $1.72. Overall, advances led declines 3 to […]
Seeking low-carbon fuels, even negative carbon? Or, looking for a low-cost, cellulosic renewable fuel? Or, in search of a capital-light, bolt-on technology to drive better economics for first-yen ethanol plants? Well, what about all three, at one time, with one technology? Taiwan’s ITRI says its early-stage ButyFix technology checks off all three ways. The Digest […]
In Egypt, Algasol Renewables announced the launch of its first commercial algae project. Led by Biodiesel Misr, based at the First Industrial Zone in Giza, the project will convert algal biomass to biodiesel to meet growing local demand. Biodiesel Misr will grow and harvest algae biomass on up to five hectares in PBRs manufactured and […]
In California, Amyris announced its highest farnesene production volumes at the lowest quarterly unit costs to date, as part of its third quarter financial results package. “We expect continued growth in 2014 in new areas such as lubricants, specialty fluids and polymers,” said John Melo, Amyris President & CEO, who confirmed that “we are on […]
In Texas, the National Algae Association is highlighting its NAA Algae Production Certification designation was introduced as an objective measure of the experience, knowledge and integrity that is necessary to conduct commercial algae production. The Certification Program establishes quality standards for an otherwise unregulated industry. Completing the algae production certification process, according the NAA, provides […]
