The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, rose 0.40 percent to 72.70 as enzyme equities advanced. For the day, Syntroleum (SYNM) rocketed up 32.45 percent to $5.51 after its earnings announce, while Algae.Tec (AEB.AX) rebounded 20.00 percent to $0.24. Among other equities, KiOR (KIOR) jumped 3.78 percent to $4.94 right before […]
Will BioAmber complete its IPO? As the industry waits, fingers crossed, the biosuccinic developer sweetens the pot with warrants, lower share prices. In Canada, BioAmber has reduced the proposed price range for its IPO to $10-$12 per share, down from a $15-$17 range — as it seeks to keep the initial public offering on track. […]
In California, Intrexon Corporation, a next generation synthetic biology company, announced that it has closed a Series F preferred investment round of $150 million, bringing the company’s total capital raised to $509 million. Undisclosed investors accounted for the majority of the round, with current investors, including affiliates of Randal J. Kirk, Intrexon’s Chairman and CEO, […]
Solazyme Q1 results. Cowen & Co’s Rob Stone writes: “We expect in-line Q1:13 results…stock performance likely hinges on status of construction at Lestrem and Moema, ramp timing at Clinton, and possibly new oils and new customers. We model positive cash EPS in 2014, and see 70% upside relative to the market in a year. Reiterate […]
In Washington State, Plandai Biotechnology announced an agreement under which Willows Ingredients, Ltd. of Ireland will distribute Plandai’s Phytofare extracts into European markets. Targeted industries included in the agreement are the medical, nutraceutical and animal sectors. Willows Ingredients will have exclusive rights sell and market Phytofare to its existing customer base as well as to […]
In Delaware, DuPont Tate & Lyle Bio Products Company have partnered with RML, Inc. in creating a new line of alternative preservatives called PolyGuard. The PolyGuard line features the proprietary ingredient Zemea propanediol. RML designed its new preservative line, PolyGuard, capitalizing on the ability of Zemea to boost preservative efficiency along with its proven lack […]
In Virginia, Sperix announced the signing of a memorandum of understanding with ChromaDex to extend the commercial market for D-tagatose, extend the structure function claims for the GRAS food ingredient, and to optimize a new system of D-tagatose production. D-tagatose is a natural sweetener present in only small amounts in fruits and dairy products, but […]
Today on Twitter: iowafuel #Farmers Should Ask Their Fuel Retailers for Higher #Biodiesel Blends This Year via @DomesticFuel #MoreBforMe e2org Florida sunshine fueling the growth of Algenol’s blue-green #algea. 6esm ‘#Biofuels ok for flying‘ claims NASA
In Florida, Dyadic announced today that Danai Brooks will join the Company as Executive Vice President and Chief Operating Officer in June. Brooks joins Dyadic from J.P. Morgan where he served as a Vice President in the firm’s Investment Bank – previously, he served in senior operational, engineering and manufacturing positions with Dell Inc., Mars […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, rose 0.32 percent to 72.41 as ethanol equities advanced. For the day, KiOR (KIOR) shed 4.23 percent to $4.76, while Algae.Tec (AEB.AX) dropped 13.04 percent to $0.20. Among other equities, Pacific Ethanol (PEIX) jumped 3.57 percent to $0.29. Overall, advances led declines 3 to […]
