In Michigan, Valero has confirmed that it has pulled out of a proposed $232 million Mascoma second-generation facility in Kinross Charter Township. The project has received $120 million in public money for the wood-to-ethanol project. The project hasn’t yet broken ground despite construction having meant to start in 2011 with production coming online this year.
In Missouri, Lallemand Biofuels & Distilled Spirits and Mascoma announced the introduction of their next generation advanced yeast product, TransFerm Yield+, a bioengineered drop-in substitute for conventional fermenting yeast. In pilot-scale tests at ICM, the leading provider of engineering services to the ethanol industry, and commercial-scale trials at corn ethanol producers, TransFerm Yield+ consistently demonstrated […]
In Georgia, fermentation ingredient producer, Lallemand Biofuels & Distilled Spirits, and renewable fuels company, Mascoma Corporation, have introduced their next generation advanced yeast product, TransFerm® Yield+. The bioengineered drop-in fermenting yeast substitute reduces costs and increases efficiency for corn ethanol production. It is proven to increase ethanol yield, reduce the production of glycerol and reduce […]
In New Hampshire, Mascoma Corporation applied to the SEC for the withdrawal of its S-1 Registration Statement, thereby abandoning its contemplated IPO. “The Company has determined at this time not to proceed with the offering due to market conditions,” the SEC notice said, and noted that “The Company may undertake a subsequent private offering. In […]
In New Hampshire, Mascoma has withdrawn its registration for an IPO worth up to $100 m. “The company has determined at this time not to proceed with the offering due to market conditions,” it said today in a filing. The decision comes after Enerkem, Fulcrum BioEnergy, and Coskata have all delayed or canceled their IPOs […]
TransFerm is the first commercial application of Mascoma’s proprietary consolidated bioprocessing (CBP) technology platform, is a bioengineered drop-in substitute for conventional fermenting yeast that lowers costs for corn ethanol producers by alleviating the need to purchase a significant amount of the expensive enzymes currently used in corn ethanol production. TransFerm, is manufactured and distributed by […]
Biofuels Digest has released the next wave of its 5-Minute Guides – a “news you can use” digest on the leading companies in biofuels. Each 5-Minute Guide provides a company description, 3 top milestones for 2010-12 and projected for 2012-14, description of the business model; plus project info (location, feedstocks, product set, processing technology, capacity, […]
Address: 67 Etna Road, Suite 300, Lebanon, NH 03766 Year founded: 2005 Technology: Consolidated Bio-Processing Fuel type: Ethanol Major investors: Flagship Ventures, Khosla Ventures, Atlas Venture, General Catalyst Partners, Blue Sugarsiner Perkins Caufield & Byers, VantagePoint Venture Partners, General Motors, Marathon Oil Past milestones: First demonstration of CBP technology Opening of demonstration facility in Rome, […]
In Massachusetts, Mascoma remains on track for its planned cellulosic ethanol plant opening in Kinross, and had moved into the bid review stage after receiving numerous bids for its Michigan project. Back in March, the company said, “We anticipate construction of this facility to start in 3 to 6 months and we expect the facility […]
In Wisconsin, Lallemand Ethanol Technology and Mascoma Corporation, announced that the Mascoma Grain Technology (MGT) yeast product will be marketed under the commercial name TransFerm for use by the fuel ethanol industry. TransFerm, is manufactured and distributed by Lallemand and jointly marketed and sold by Mascoma and Lallemand through an exclusive partnership. TransFerm has been […]
