In Florida, The Digest reports that the Top 10 capital raises for 2016 to date for company development — and pilot, demonstration and commercial-scale projects. Average deal size among the Top 10 was $18.9M and the median size was $19.6M.
In Washington, the US Energy Department is making $90 million in project funding available, focused on designing, constructing and operating integrated biorefinery facilities. Project Development for Pilot and Demonstration Scale Manufacturing of Biofuels, Bioproducts, and Biopower is a funding opportunity meant to assist in the construction of bioenergy infrastructure to integrate cutting-edge pretreatment, process, and […]
One of the valued Digesterati, Peter Brown of FFA Fuels, promotes his company these days with the pithy slogan, “Fuels from the Worst Waste Around.” Which of course raises the legitimate question, what is the worst waste, and can we find a use for it? Discussions of worst waste will usually focus on the obvious — […]
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 […]
