With the launch of PetroAlgae’s $200 million IPO last week, and news that Solazyme has raised an additional $52 million from its investor group towards its commercialization efforts, questions among investors invariably turn to: algae, how soon as a commercial platform for fuels, chemicals or other bio-based products. Bulls say: Solazyme IPO Interest must invariably […]
In New York, biobutanol and renewable chemical developer Gevo, ranked #13 in the 2009-10 “50 Hottest Companies in Bioenergy” by Biofuels Digest readers and international selectors, filed its S-1 registration statement with the SEC for its initial public offering. The IPO intends to raise up to $150 million in an offering led by underwriters UBS […]
In Washington, here’s a look at some of the more interesting biofuel-related patent applications logged at the US Patent and Trademark Office in recent weeks. The USPTO’s archive is not for the faint of heart, or those with a love of simple, plain language, but certainly provides copious evidence that biofuels inventiveness is all around […]
In California, Solazyme, which was ranked #1 in the 2009-10 “50 Hottest Companies in Bioenergy” by Biofuels Digest readers and selectors, announced that it has raised $52 million in its Series D financing round. Braemar Energy Ventures and new investor Morgan Stanley which includes Lightspeed Venture Partners, The Roda Group, Harris and Harris Group, VantagePoint […]
For some time, cellulosic ethanol producers have been aghast that the cellulosic ethanol mandates within the Renewable Fuel Standard are being annually waived down to insignificance by the EPA. “What’s the point of a cellulosic ethanol mandate if obligated parties can escape their obligation by simply doing nothing to organize capacity?” goes the thinking. “Especially […]
Back in 2008 the death watch began on Imperium Renewables. Though its 100 Mgy multi-feedstock plant in Grays Harbor was, at the time, the largest and most modern biodiesel facility in the US, the company lost its CEO, withdrew a planned IPO, and was forced to cancel a potentially lucrative Hawaiian development project that would […]
In Florida, Biofuels Digest celebrates its third birthday today, and while a look back at the 10 Most Overlooked Stories of the Year is one of our annual offerings for “birthday week”, we are also reporting on a series of breakthroughs. In finance, upstream sustainable feedstock development, midstream next-generation bioprocessing, and downstream market development – […]
Growth Energy, the Renewable Fuels Association, the Environmental Working Group, the Grocery Manufacturers Association, the Natural Resources Defense Council, the American Meat Institute, and several members of congress are among the main players in a drama unfolding this week on Capitol Hill, in a battle over the ethanol subsidy. It’s one of several battles over […]
It was a gigantic day yesterday for the biofuels industry, and the biggest news was saved for last, that Syntroleum and Tyson have completed construction, and commenced commissioning, of their 75 Mgy renewable diesel plant in Geismar, Louisiana. The Dynamic Fuels project becomes, by a factor of 18, the largest operating advanced biofuels plant in […]
Does LanzaTech represent a new way to extract value, or a new way to understand it? In recent weeks the Digest reported that Vinod Khosla, in a keynote at BIO, pooh-poohed a wide-assortment of technologies in biofuels with a special focus on critiquing the high cost of enzymes, while focusing his praise on fuels produced […]
