In January 2014, REG acquired LS9 for a purchase price of up to $61.5 million. Most of the old LS9 team, including the entire R&D leadership group, joined the newly named REG Life Sciences, LLC. The technology has been substantially developed under REG’s management, with several molecules ready for commercialization in the next 2-3 years […]
Industrial biotech’s biggest and grandest show, the World Congress on Industrial Biotechnology, opened today in Montreal and BIO itself was in the newsframe with a striking report debunking myths around RIN price surges. 10 Hot Newstories from the World Congress Floor 1. Going commercial. Verdezyne has started construction of its first commercial, in Malaysia completion […]
The BioEnergy Science Center (BESC) is a multi-institutional (18 partners), Department of Energy-funded research organization performing basic and applied science dedicated to improving yields of biofuels by focusing on the fundamental understanding and elimination of biomass recalcitrance. This multidisciplinary research encompasses the biological, chemical, physical, and computational sciences, as well as mathematics and engineering. Brian […]
NexSteppe is dedicated to pioneering the next generation of scalable, reliable, cost-effective feedstock solutions for the biofuels, biopower and biobased products industries. Using advanced breeding techniques and cutting-edge analytical technologies, NexSteppe is developing Malibu sweet sorghum, Metano Alto, Carbo Alto and Palo Alto high biomass sorghum to produce feedstocks tailored for these biobased industries. Recently, […]
In Minnesota, Calyxt, the gene editing agriculture company, raised $56M and priced its NASDAQ initial public offering of 7 million shares at $8.00. The number of shares in the offering was sweetened to 7 million this week, from the original estimate of 6.06 million — and the price was substantially lower than the expected $15.00-$18.00 […]
In Washington state, Carbon War Room and SkyNRG have joined with the Port of Seattle to announce recommendations for long-term funding mechanisms that could supply all airlines at Seattle-Tacoma International Airport (Sea-Tac) with sustainable aviation biofuels. The report, titled Innovative Funding for Sustainable Aviation Fuel at U.S. Airports: Explored at Seattle-Tacoma International, reveals the financial […]
Honeywell’s UOP has developed a renewable jet fuel processing technology, a renewable diesel process, as well as a joint venture, Envergent Technologies, that will market technologies and equipment for generating power, transportation fuel and heating oil from biomass using pyrolysis. UOP also owns a Renewable Energy & Chemicals business that produced green diesel using its Ecofining […]
By Dr. Bernard Cooker, Chemical Processing Solutions, Consultant with Lee Enterprises Consulting Special to The Digest Biomass-based green polymer and monomer projects, as reported in Chemical and Engineering News and Chemical Engineering Progress in Q1, Q2 2017 are surveyed. The focus here is on combinations of low raw material cost, commercial scale operation and high […]
One of the more striking outcomes from the DOE Bioeconomy 2017 conference in Washington DC was confirmation of the demise of Joule Unlimited. “We had a lot of prospects last year,” former CEO Brian Baynes told The Digest, “but those new investor prospects walked away, particularly post election. The insiders would have been happy to […]
Renmatix is a technology licensor that enables the production of petrochemicals from plants. The company’s water-based Plantrose process is the lowest cost method for converting a wide range of non-food biomass into cellulosic sugars, used in the global chemical and fuels markets.
