In California, Aemetis will acquire all of Edeniq’s outstanding shares in a stock plus cash merger transaction. In 2015, Edeniq generated approximately $20 million in revenue and $6 million in positive EBITDA. Headquartered in Visalia, California, Edeniq has 30 employees working at advanced research and development facilities, as well as pilot plants funded through grants from the […]
In Missouri, the National Biodiesel Board announced that after nearly 20 years of service to the association, CEO Joe Jobe has left the organization to pursue other opportunities. The board will begin the search for a permanent replacement immediately. Industry reaction Tributes have started to flow in from across the biodiesel spectrum. “The Board of Directors would […]
Out of the unlikely bioeconomy hub of West Palm Beach, Florida, Alliance BioEnergy Plus has revealed what it describes as the “successful completion of its yearlong efforts to optimize its patented CTS technology to extract 100% of the sugar from virtually any cellulosic feed-stock after having it completed and proven by major industry ethanol producers.” […]
In Indiana, the last anti-biofuels candidate for the US Presidency in 2016 exited the field, when Texas Sen. Ted Cruz announced that he was ending his presidential bid. The announcement clears the path for Donald Trump to take the GOP nomination on the first ballot at the Republican convention this summer. “We left it all […]
Q1 earnings season for the advanced bioeconomy kicked off this week, with reporting from Green Plains, ADM, REG and BioAmber. That’s an ag giant, an ethanol monster, a biomass-based diesel dominator and a fast-upcoming renewable chemicals maker. Between the four, we have a good opportunity to check the sector’s health. Overall, markets were unhappy today, […]
Last week, Digest readers around the world rated feedstocks for the Advanced Bioeconomy. In a 200 million ton scenario, we wondered, which feedstocks are the best bets — and at what price? We say relatively novel because some of them exist in our everyday world — woody biomass for lignocellulosic conversion, or the residues (animal, […]
The economics for cellulosic fuels are becoming more and more compelling. Consider the example of Aemetis, which will deploy Edeniq’s Pathway technology at its 60 million gallon per year ethanol production facility located in Keyes, California by Q4 2016. Here’s the bottom line for that technology play. Cellulosic fiber makes up approximately 10% of the […]
In California, the Eco-Emirs of Emeryville, Amyris executed a five year Biofene supply agreement with a global nutraceuticals company. Upping the ante from January This new, long-term agreement replaces the parties’ one-year purchase agreement, which was previously announced on January 4, 2016. More on that deal here. Under the new supply agreement, the mystery customer […]
In Iowa, Quad County Corn Processors increased ethanol production by 20 percent in an 18-day trial using a combination of Cellerate process technology and Enogen corn. The results were vetted via third-party verification procedures performed by Christianson & Associates. “With Cellerate, the biofuels industry now has the technology available to create 2 billion gallons of […]
Lux Research projects that the emergence of low-carbon fuels and vehicle efficiency will cut emissions by 29% in 2030 compared to a business as usual scenario, with biofuels and natural gas vehicles together accounting for 45% of potential fossil fuel displacement as nations look for new technologies to cut emissions. The sharp cut – exceeding […]
