In Washington state, AbSci, the Protein Printing™ company with a best-in-class E. coli cell line for rapid and low-cost biomanufacturing of complex biotherapeutics, today announced the completion of a $10.4M Series D financing led by KBI Biopharma and JSR Life Sciences. Existing investors Phoenix Venture Partners, Oregon Venture Fund, WRF Capital, and Columbia Ventures Corporation […]
In the UAE, the Abu Dhabi Fund for Development (ADFD) confirmed the allocation of approximately $105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project Facility, of which two are bio-based. In the Maldives, a waste-to-energy plant project in the city of Addu will receive an ADFD […]
In Brazil, Renewables Now reports that BNDES has approved a $23 million loan for a biogas project collocated at a sugar mill owned by Cocal Energia. The project will use sugarcane straw, filter cake and vinasse to produce 33 million cubic meters per year of biogas, half of which will be used for 40,000 MWh […]
In Norway, Biokraft has teamed with the Norwegian research and innovation organization SINTEF and potentially a German technical partner to build a pilot plant that would produce aviation fuel from salmon processing waste in central Norway. Financing for the facility that is expected to produce 10,000 metric tons of fuel annually is yet to be […]
In Thailand, the Bangkok Post newspaper reports that the government is looking to set up futures trading for B100 in an effort to stabilize palm oil prices. Prices are currently established by the individual palm oil crushers on a daily basis but a futures market could help to formalize pricing and help keep prices from […]
In Brazil, Bloomberg reports that Brazil believes the US continues to ban fresh beef imports from the country is retaliation for Brazil’s tightening of ethanol duties and quotas from US producers although a USDA spokeswoman denied the suggestion and said the ban is completely related to food safety and animal health issues. People aware of […]
In California, by switching to renewable diesel fuel, UC Santa Cruz has significantly reduced the amount of carbon emitted from its student shuttles and other fleet vehicles. Campus vehicles used about 72,000 gallons of diesel in 2019, fleet manager Theo Diamantopoulos said. He estimated the switch to renewable biodiesel—which is synthetically generated—reduced UCSC’s annual fleet […]
In the UK, ICIS reports that US-Iran tensions along with higher prices in the US and Asia are supporting European methanol prices, pushing them to a four-month high to near €225/metric ton compared to below €200/ton heading into the end of 2019. European producers had worried about the possibility of tight margins in 2020 but […]
In Zimbabwe, the Herald newspaper reports that three companies are seeking licenses to produce sell ethanol on the domestic market in addition to GreenFuels and Tongaat Hulett who currently supply locally. Tongaat is looking to expand sugarcane production another 4,000 hectares, the national oil company is looking to grow 5,000 hectares to do the same […]
In Indonesia, the Jakarta Post newspaper reports that the president expects the B30 mandate to result in savings of $8 billion per year in foreign exchange which could nearly double when the country eventually moves to B50. The move to B40 is set for next year, having just switched to 30% blending at the end […]
