The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, was flat at 51.20 despite a large cap advance. For the day, Abengoa (ABGB) rebounded 11.69 percent to $1.72, while BioAmber (BIOA) jumped 5.01 percent on its earnings announce. Among other equities, UPM gained 3.41 percent to $16.08. Overall, advances led declines by […]
In Kansas, ICM will design and build the expansion of The Anderson’s Albion, Michigan location, doubling the facility’s capacity. The project, originally announced in December 2015, will enable the facility to double the capacity of The Andersons Albion Ethanol plant from its current average rate, as well as add a combined heat and power system […]
Solazyme undergoes Focus Reassignment Surgery and re-emerges as TerraVia. Industrials to spin off, nutrition the focus now. The what, the why, and the “why now?” In California, Solazyme said that it is now focusing exclusively on food, nutrition and specialty ingredients, renaming the company TerraVia. Having elevated CEO and co-founder Jonathan Wolfson to the Executive […]
By David Babson, senior fuels engineer, Union of Concerned Scientists In Washington, President Barack Obama and Canadian Prime Minister Justin Trudeau announced yesterday that the United States and Canada would partner to cut methane emissions from their oil and gas sectors by 40-45 percent below 2012 levels in under a decade. This is great news, and we applaud […]
In Germany, UFOP reports that although German foreign trade in biodiesel was not quite as brisk in 2015 as a year earlier, export figures published by the German Federal Statistical Office verify that interest in biodiesel from Germany continued to be high. German 2015 biodiesel exports amounted to just over 1.43 million tonnes. Consequently, exports were […]
In Switzerland, Evolva scientists, collaborating with researchers at the Plant Biochemistry Laboratory, University of Copenhagen, published the paper “Expanding the Landscape of Diterpene Structural Diversity through Stereochemically Controlled Combinatorial Biosynthesis”, in the International Edition of Angewandte Chemie, Plant-derived diterpenoids are used extensively in food ingredients, pharmaceuticals, and fragrances. Conventional wisdom holds that they are too […]
In Oregon, Pacific Ethanol reported Q4 revenues of $376.8 million for the fourth quarter of 2015, an increase of 47% when compared to $256.2 million for tQ4 2014, and operating income for the Q4 2015 of $0.5 million, compared to $13.6 million forQ4 2014. Net loss for Q4 was $1.1 million compared to $11.9 million for […]
In Washington, the Bioenergy Technologies Office has allocated $1.9 million for the U.S. Department of Energy’s (DOE) Small Business Vouchers (SBV) Pilot. Meanwhile, DOE has opened Round 2 of the Small Business Vouchers Pilot Program. Request for Assistance will be accepted at the SBV website until Sunday, April 10, 2016 at 11:59pm Eastern Daylight Time. […]
In Minnesota, NatureWorks will construct a new, $1 million, 8,300 square-foot laboratory to commercialize a fermentation process for transforming methane, a potent greenhouse gas, into lactic acid, the building block of Ingeo biopolymer. NatureWorks is hiring six scientists to staff the new facility. The methane to lactic acid research project began in 2013 as a […]
In Washington. according to EIA data as analyzed by the Renewable Fuels Association, ethanol production averaged 978,000 barrels per day (b/d)—or 41.08 million gallons daily. That is down 9,000 b/d from the week before. The four-week average for ethanol production stood at 983,000 b/d for an annualized rate of 15.07 billion gallons. Stocks of ethanol […]
