In Florida, Biofuels Digest reports that the industrial biotechnology sector raised $1.128B in new capital in the first quarter of 2017, excluding debt and sovereign investments as well as M&A activity (but including expansion investment). Our complete recap by company is here. It’s the first quarter the Digest has reported with more than $1B in […]
Several weeks ago, Digest readers around the world selected the hottest topics on the sector’s agenda — we organized speakers to those selected topics under the March Madness webinar brand, and we are now halfway through that series. In all, we have assembled more than 300 slides and 10 hours of commentary and insight from […]
In Germany UFOP reports that 2017/18 oilseed output in the EU-28 could clearly exceed last year’s production, an EU Commission report indicates. Especially rapeseed and sunflower crops are estimated larger. The European oilseed associations Copa and Cogeca disagree with the Commission’s forecast. The EU Commission pegged the 2017 EU-28 oilseed harvest at around 34.2 million […]
In Washington, according to EIA data, as analyzed by the Renewable Fuels Association, US ethanol production averaged 986,000 barrels per day (b/d)—or 41.4 million gallons daily. That is down 32,000 b/d and the first time in 24 weeks that production dipped below 1 million b/d. As a result, the four-week average for ethanol production dropped […]
In California, Full Harvest closed a $2 million seed round of financing led by Wireframe Ventures. BBG Ventures, EarlyImpact Ventures, Impact Engine, Radicle and a collection of high-profile angel investors including Astia and Joanne Wilson also joined the round. Offering the first business-to-business marketplace for the purchase and sale of surplus and imperfectly shaped produce, Full Harvest will […]
In California, Amyris achieved record first-quarter product sales for its Biossance brand, which is delivering high-growth and is expected to drive much better than expected 2017 results for this business line. Biossance Squalane + Peptide Eye Gel is the #1 selling eye product at SEPHORA.com and the brand’s products are garnering top reviews from leading […]
In Illinois, Elevance Renewable Sciences signed a licensing agreement with Chemtura, a global, specialty chemicals company, for Elevance Aria WTP technology and market development. Chemtura will have global rights to develop, derivatize, manufacture, use and sell products incorporating the Elevance Aria® WTP technology in lubricant applications. Elevance has retained rights outside lubricant applications. Elevance […]
In Washington, the U.S. Commerce Department announced that it is formally initiating antidumping and countervailing duty investigations of biodiesel imports from Argentina and Indonesia. This decision follows a petition that was filed with the U.S. Department of Commerce and the U.S. International Trade Commission on behalf of the National Biodiesel Board Fair Trade Coalition, which […]
In Germany, the nova institute released an analysis of the European Commission’s proposal for the recast of the Renewable Energy Directive (RED), providing a potential outline of the Union’s renewable energy framework for the timeframe 2021 to 2030. According to nova: The new proposal sets the overall target of a renewables share in the EU’s […]
A few weeks ago, some friends invited me to give a keynote address at a meeting they were planning, one that would focus around the future of partnership and collaboration in the Advanced Bioeconomy. I was glad to accept, and to take some time to think about how collaboration will change and how technology will […]
