In Colorado, Gov. John Hickenlooper signed SB 47, which will transfer an expected $2 million in income tax from the cleantech and bioscience industries to the Clean Technology Discovery Evaluation Grant Program. The money is to be used as seed money for start-up companies and inventions. Senator Rollie Heath, D-Boulder, the Bill’s sponsor, stated when […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, dipped 0.16 percent to 90.15 as ethanol and biodiesel dropped. For the day, Archer Daniels Midland (ADM) fell 0.98 percent to $30.39, while Gushan (GU) fell 7.94 percent to $2.55. Among other equities, Gevo (GEVO) dropped 4.95 percent to $17.09. Overall, declines led advances […]
Myriant becomes the 8th industrial biotech player to file an IPO in the 2010-11 greentech bull market. Will it fly? Should it? The risks, the rewards, the rationale. In Massachusetts, Myriant filed for a $125 million IPO, becoming the 8th company in industrial biotechnology to file in the past 18 months. The filing is the […]
By Brent Erickson, Digest columnist, Executive VP, Industrial Environmental Section, BIO To carry out military and humanitarian missions around the world, U.S. forces require reliable fuel supplies and secure supply lines. The military is as much at the mercy of high oil and gasoline prices as the average consumer. And, oil often comes from regions […]
In Wisconsin, Virent announced they have successfully produced biogasoline from corn stover and pine harvest forest residuals, as a recipient of the U.S. Department of Energy’s February 2010 grant to the National Advanced Biofuels Consortium (NABC). Virent’s milestone supports the NABC’s goal to develop technologies to convert cellulosic biomass feedstocks into hydrocarbon fuels that are […]
In Ohio, Independence Bio-Products has received a patent for g the company’s low-cost algal open-pond system. IBP’s system uses heat recovered from power plants and other manufacturing facilities to maintain water temperatures within precise temperature ranges that optimize algae production. The patent for invention number 7,905,049 B2 covers methods and systems for growing algae in […]
In Brazil, Shell and Cosan closed on their USD $12 billion joint venture to create Raízen, one of the world’s largest ethanol companies with over 2 billion liters annual production capacity, a retail network of 4,500 fuel stations, 24 sugar mills and an installed capacity of 900MW of electric energy from sugar cane bagasse. Globally […]
In Brazil, Cargill and the USJ Group announced a joint venture in the sugar, ethanol, and bioelectricity segment. Each party will have a 50 percent interest in the venture, and management will also be shared. Transaction figures have not been disclosed. The transaction should be concluded within 60 days and is subject to regulatory approval. […]
In Finland, Neste Oil’s NExBTL renewable diesel is to be tested under race conditions for the first time this summer in Germany. Two teams competing in the ADAC 24-Hour Race at the Nürburgring circuit between 23 and 26 June will run their cars on 100% renewable diesel regenerativ. The fuel contains NExBTL renewable diesel and […]
CaneEthanol: NYT/Greenwire-Brazil remains world’s largest #ethanol exporter, posing threat to US ind that caused govt 2 place tariffs CindyMachire: Biofuels: Biotechnology, Chemistry, and Sustainable Development: Alltop_green: Consolidated bioprocessing: a revolution in biofuels development TradingCBOT: NFU rejects biofuel criticism: BIOFUELS can help to create a strong and sustainable agricultural sector in… BIOblogger: Is the Open Fuel […]
