Cobalt expands into Asia and butadiene with two new strategic investors. What’s up with the C4 molecules? Why is everyone building capacity? In California, the Digest has learned that Cobalt Technologies is announcing this morning a strategic relationship with two prominent, but undisclosed, Asian chemical companies for the development of butadiene from a range of […]
In Washington, the 2013 Advanced Biofuels Leadership Conference will kick off at 8am ET this morning. Among the highlights for today (April 15): US Agriculture Secretary Tom Vilsack and US Transportation Secretary Ray LaHood will take the stage at 2pm for separate addresses, and jointly sign a renewal of the “Farm to Fly” agreement aimed […]
Today on Twitter: XS4GREEN: @Ductor a #winner of the Red Herring Europe 100 Award KiORFuels And we have touchdown in DC. Ready for #ABLC2013 this week, talking biofuels market success and scalability GlobalEcoGuy: In solving our global food problems, reducing waste and changing diets/biofuels hold more immediate promise than GMOs enagri Status of Advanced Biofuels Demonstration Facilities […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, slipped 0.81 percent to 69.58 as ethanol equities fell. For the day, Biofuel Energy (BIOF) lost 3.49 percent to $4,42, while KiOR dropped 5.08 percent to $4.30. Among other equities, Ceres (CERE) dropped 5.61 percent to $3.03. Overall, declines led advances 5 to 1 […]
Secretaries Vilsack, LaHood to keynote ABLC’s first day prior to signing. On MONDAY, April 15, Agriculture Secretary Tom Vilsack and Transportation Secretary Ray LaHood will announce that the U.S. Department of Agriculture and Federal Aviation Administration, along with other partners, are extending an agreement to help develop viable renewable fuels for the aviation industry. Secretary […]
8 million share offering at $15-$17 aims to raise $128 million. “We are selling 8,000,000 shares of common stock,” begins BioAmber’s latest SEC update, written in IPO-legalese. “The initial public offering price of our common stock is expected to be between $15.00 and $17.00 per share, which is the equivalent of €11.48 and €13.01 per […]
In Washington, in response to the introduction of the RFS Reform Act, newly introduced legislation sponsored by Representatives Bob Goodlatte (R-VA), Jim Costa (D-CA), Steve Womack (R-AR), and Peter Welch (D-VT), US biofuels leaders offered a widely disparate set of responses. ABFA president Michael McAdams said, “Rep. Goodlatte today introduced two bills, the first of […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, slipped 0.18 percent to 70.15 as ethanol equities fell. For the day, Pacific Ethanol (PEIX) lost 3.03 percent to $0.32, while KiOR dropped 7.36 percent to $4.53. Among other equities, Ceres (CERE) recovered 5.59 percent to $3.21. Overall, advances led declines were even for […]
Gevo a winner? Not the issue, says Butamax, as the Capulets and Montagues get it on again. It’s a tennis match in which the score is never love. Scene: Verona. A public place. The Prince: Three civil brawls, bred of an airy word, By thee, old Butamax, and Gevo, Have thrice disturb’d the quiet of our […]
In Washington, according to EIA data, ethanol production averaged 854,000 barrels per day (b/d) — or 35.87 million gallons daily. That is up 47,000 b/d from the week before and the highest rate since the week ending 6/29/2012. It is the largest week-to-week increase since October 2011. The four-week average for ethanol production stood at […]
