In Washington, Abengoa announced that the underwriters of the previously announced Offering of 250,000,000 Class B Shares (either in the form of shares or American Depositary Shares) have exercised in full their over-allotment option to purchase an additional 37,500,000 Class B Shares from Abengoa. Including the exercise of the over-allotment option, Abengoa’s offering amounts to […]
In Florida, Dyadic International announced that it has entered into agreements with all of its outstanding promissory note holders to extend their maturity dates to January 1, 2015. The convertible portion of the debt, representing $6.8 million of the total $8.2 million outstanding principal, may be prepaid by Dyadic at any time in whole or […]
In the United Kingdom, Helius Energy announced that its 100MWe capacity biomass energy facility in Avonmouth dock near Bristol, has been named by HM Treasury as ‘prequalified’ and eligible for support under the UK Guarantees Scheme. The scheme provides a government-backed loan guarantee for a significant portion of the project’s debt to help infrastructure projects […]
In the Netherlands, DSM Venturing, the corporate venture arm of Royal DSM has provided equity financing to ChromaDex Corp. ChromaDex describes itself as an innovative natural products company that provides proprietary, science-based solutions and ingredients to the dietary supplement, food and beverage, animal health, cosmetic and pharmaceutical industries. Frank Jaksch, Jr., CEO and co-founder of […]
In Germany, researchers with the Fraunhofer Center for Chemical-Biotechnological Processes CBP in Leuna, opened a pilot plant on October 2 to divide waste wood into lignin and cellulose to serve as raw materials for products such as plastic. Working jointly with 12 partners from industry and research institutions, recently developed a process that enables them […]
In Illinois, the Argonne National Laboratory is highlighting a new GREET fuel cycle model release (GREET1 2013) uploaded to the GREET web site. This release includes the following updates: New marine fuel pathways and commercial vessel operations: New sorghum ethanol pathways; New Tallow pathway; Electric power sector technology shares, efficiencies and emission factors by technology […]
In Washington, 25×25 is distributing a sign-on letter to Senators Stabenow and Cochran and Representatives Lucas and Peterson urging them to recognize the significant benefits of agricultural energy technologies and the need to pass a new Farm Bill as soon as possible. 25x’25 Alliance is working with other partners devoted to farm, ranch, and forest-based […]
Bullish Q4 prospects for the ethanol business, as 2014 looms with all the uncertainty that a make-or-break year should have. A conversation with Novozymes, as they report surging bioenergy sales, on the trends in the global mood. About the only thing we know that twists in more gut-wrenching ways than global oil prices — or, […]
In Iowa, farmers are now harvesting and delivering cob bales for the 2014 opening of Project LIBERTY in Emmetsburg. The 20 million gallon per year POET-DSM plant will use corn crop residue – cobs, leaves, husk and some stalk – to produce renewable fuel. Farmers for the 2013 harvest season already have started delivering bales […]
In the UK, Virent has been awarded the 2013 ICIS Chemical Business Innovation Award, winning the Best Sustainability Innovation category for the development of its process that converts plant sugars into paraxylene (PX) for renewable, recyclable packaging and fibers. This is the second time Virent has won an ICIS Chemical Business Innovation Award. In 2008 […]
