In Florida, The Digest reports that the Top 25 capital raises in the advanced bioeconomy raised 1.146 billion in new capital during 2015 for company development — and pilot, demonstration and commercial-scale projects. Notable transactions in the period include the $172M IPO for Green Plains Partners and the $108M raise for Enerkem , a monster $108M […]
In Nebraska, Green Plains Partners declared a quarterly cash distribution of $0.4025 per unit on all of its outstanding common and subordinated units, or $1.61 per unit on an annualized basis, for the fourth quarter of 2015. This distribution represents a 0.25 cent increase over the partnership’s previous quarterly distribution of $0.40 per unit. Green […]
In the Netherlands, GoodFuels Marine received the highest standard of certification from the Roundtable of Sustainable Biomaterials, enabling the company to actively sell and promote RSB-certified biofuels to the shipping industry. Netherlands-based GoodFuels Marine and its partners, Boskalis, the leading global dredging and marine expert and Wärtsilä, the global supplier of engines and power systems […]
In Washington, according to EIA data as analyzed by the Renewable Fuels Association, ethanol production averaged 983,000 barrels per day, or 41.29 million gallons daily. That is down 20,000 b/d from the week before. The four-week average for ethanol production stood at 993,000 b/d for an annualized rate of 15.22 billion gallons. Stocks of ethanol […]
In Iowa, Iowa Gov. Branstad said he would not be supporting Ted Cruz for the Iowa Caucuses and called on Iowans to support candidates that were pro-Iowa, specifically pro-rural and pro-biofuels. Following Branstad’s comments, America’s Renewable Future senior advisor Derek Eadon said that “America’s Renewable Future will continue to stand up for Iowa voters and […]
In Colorado, Gevo appointed of William H. Baum to its Board of Directors. Mr. Baum has worked in the chemical and biobased products and technology industries during his career, with a focus on business development and strategic alliances. He has worked in renewable fuels and chemicals for the past 18 years with Verenium Corporation, Diversa […]
In Germany, UFOP reports that global soybean oil production rises approximately 5 per cent, based on the 2015/16 record supply of feedstock. By contrast, production of rapeseed oil declines from the previous year. Smaller and, consequently, more expensive feedstock supply increases competition with other oils. The nosedive of mineral oil prices has put a heavy […]
In Iowa, in a letter to EPA Administrator Gina McCarthy, the entire Iowa Congressional delegation urged the agency to set the next round of Renewable Fuel Standard volume levels in line with the statute – 15 billion gallons for conventional ethanol and an aggressive biodiesel target. The Congressional letter to EPA noted: “We appreciate your […]
In Germany, Clariant, won the 2015 German Innovation Prize for Climate and Environment in the process innovations category for its sunliquid cellulosic ethanol technology, prevailing against 14 competitors. The sunliquid technology convinced the jury of independent experts in the area of business, science, media and politics, chaired by Professor Klaus Töpfer. Biofuels and bio-based chemicals […]
In Illinois, the technology formerly belonging to Coskata has re-merged as the newly-minted Synata Bio, which was formed last year. Synata filed a Red D form with the Securities & Exchange Commission, detailing a $10 million investment, which sources have identified as coming from True North Venture Partners. Sure enough, True North partners Matthew Ahearn and […]
