In Quebec, BioAmber has priced an underwritten offering of 1,748,750 shares of its common stock at a price of $4.00 per share. The gross proceeds to the Company will be approximately $7.0 million, and net proceeds, after underwriting discounts and commissions and other estimated fees and expenses payable by BioAmber, will be approximately $5.6 million. […]
In Minnesota, former US senator and renewable fuels advocate Rick Santorum writes in Inside Sources that “Diving deeper into this year’s striking election results, there’s one trend that nearly all the analysts agree on, at least in hindsight. Candidates ignore rural America at their peril.” Santorum added that rural voters will expect positive action on […]
In Central Africa, CNN is reporting on the promise of croton as an energy-oriented oilseed crop. “ The Croton megalocarpus tree is common throughout much of East and Central Africa, and until now it has been used for little more than firewood,” the news service reports. The tree’s nuts contain high concentrations of oil and […]
In Colorado, Gevo undertook a 1-for-20 reverse stock split, aimed at lifting the company’s stock price above $1.00 per share and remaining for sale on theNASDAQ exchanges, which forbid trading of stocks that fall below the $1 price threshold for a sustained period. The 1-for-20 reverse stock split will be effective as of the close […]
In India, the India Times is reporting that the Karnataka State Road Transport Corporation (KSRTC) has deployed 25 Scania buses that run completely on biodiesel, in following Prime Minister Narendra Modi’s ‘Make in India’ project. “The state road transport organization began trials last year with 10 buses run on 20% biofuel and 80 per cent petrodiesel,” […]
In Washington, according to EIA data as analyzed by the Renewable Fuels Association, US ethanol production averaged 1.028 million barrels per day (b/d)—or 43.18 million gallons daily. That is down 8,000 b/d from the week before. The four-week average for ethanol production stood at an all-time high of 1.032 million b/d for an annualized rate […]
In Washington, the Energy Department announced the selection of six projects for up to $12.9 million in federal funding, entitled, “Project Definition for Pilot- and Demonstration-Scale Manufacturing of Biofuels, Bioproducts, and Biopower.” These projects, required to share the cost at a minimum of 50%, will develop and execute plans for the manufacturing of advanced or […]
In Florida, the Digest today releases its annual review of biofuels mandates and targets around the world, looking at the state of biofuels mandates in 64 countries. The bulk of mandates continue to come from the EU-27, where the Renewable Energy Directive (RED) specified a 10 percent renewable content by 2020 but has been scaled […]
If you find yourself among the 79 percent of people who “agree that they consider themselves an environmentally conscious person,” you’ve probably stayed up nights in recent years wondering what the heck to do with the swamp of dubious chemicals in your hair known benignly as shampoo. But if you are among the 75 percent […]
Any way you look at the US 2016 presidential elections or the turmoil within the European Union (e.g Brexit, or Italy’s referendum on membership), you can conclude that we are entering into in anti-federal cycle, and the most innovative public-private policies are likely for some time to proceed out of regions, provinces and states. In […]
