In California, Amyris announced positive cash flow of $1.7 million in the first quarter despite negative currency effect of $1.2 million. Overall, Amyris recorded Q1 2015 non-GAAP cash revenue inflows of $30.3 million, compared with $17.9 million for Q1 2014. Total Q1 2015 revenues were $7.9 million, an increase of 30% compared with same quarter […]
80,000 lost jobs through “EPA’s delays in rule making”, according to new analysis In Washington, EPA’s delays in rulemaking for the Renewable Fuel Standard (RFS) over the past two years have caused an estimated $13.7 billion shortfall in investment in advanced and cellulosic biofuels as a result, the Biotechnology Industry Organization (BIO) finds in an analysis released this […]
By Brent Erickson, Executive Vice-President, Biotechnology Industry Organization, and Head, Industrial & Environmental Section EPA’s April announcement that it will re-propose the 2014 RFS volume obligations along with the 2015 and 2016 rules provides an opportunity for the agency to get this vital program back on track. To move forward, EPA must recognize that the […]
With the news that Cargill has acquired OPX Bio’s fermentation-based technology, which featured a hot route to biobased paints, adhesives, diapers, and detergents — we take a look back at a DOE paper that sparked so much interest in these biobased molecules. If they handed out Platinum and Gold certification to scientific papers as we […]
The Moguls of Minneapolis pick up an advantaged route to key renewable chemicals. News has filtered out from Cargill that the agricultural giant has acquired OPX Biotechnologies’ proprietary fermentation-based processes and systems. Bottom line, excepting the building, they bought essentially the entire company in an asset purchase. As is the usual practice at Fortress Cargill, terms were […]
44 deals, 37 companies; deal count jumps 16% but deal size drops 17% Here’s the complete skinny on who got what. In Florida, The Digest reports that 12 advanced bioeconomy ventures raised $1.262 billion in new capital in Q3 2014 through Q1 2015 for company development — and pilot, demonstration and commercial-scale projects. This compares […]
An effort is underway in the UK to classify, within the Renewable Transport Fuel Obligation, “novel low carbon fuels” made by companies such as LanzaTech, Joule, Solar Jet, Velocys, Sunfire, Pyreco and others. In the UK, a report prepared by E4tech and Ecofys has been released and looks at the problem of narrow definitions for low […]
Big jump in “Defend the RFS” ranks as 37 Senators press EPA to set a big target for biofuels in 2015-16 In Washington, 37 Senators wrote EPA Administrator Gina McCarthy urging the agency to set strong biofuel volume requirements for 2014 and beyond that are consistent with the Renewable Fuel Standard (RFS). U.S. Senators Dick […]
Your toughest questions, the Red Hot Devils — impossible to ignore, and hot to handle. Here we present 16 of the best, answered. With great sessions at conferences, delegates are usually keen to get a hold of the powerpoint decks. But how do you get a hold of the great Q&A that follows the presentations — […]
Battelle-led group succeeds in US Department of Energy challenge — 1,000 hours of continuous biomass hydrotreating on a single catalyst charge. The undefeated champ hits 1200 hours before being retired from the ring. Next stop, 4000 hours? In Ohio, we hear from Battelle that they have succeeded at the United States Department of Energy challenge to […]
