In the United Kingdom, Black Pearl Capital Partners lead a $12 million capital raise for Ennovor Group, who will invest the proceeds of the financing during the fourth quarter of 2013 to fund capacity growth at its Bromborough Facility and to expand its European tolling program. Black Pearl Capital Partners is a private equity fund […]
In Minnesota, BioAmber announced a net loss of $9.0 million, or $0.48 per share, for the three months ended September 30, 2013, compared to $11.6 million, or $1.12 per share, for the three months ended September 30, 2012. Highlights including achieving the final development milestone for the yeast licensed exclusively from Cargill, sales of $866,000 […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, rebounded 0.63 percent to 64.36 as ethanol recovered. For the day, Aemetis (AMTX) jumped 11.76 percent to $0.19, while Green Plains Renewable Energy (GPRE) climbed 5.40 percent to $16.00. Among other equities, KiOR (KIOR) dropped 5.88 percent to $2.40. Overall, advances led declines 2 […]
In California, Codexis signaled the end of its cellulase enzyme adventure in cellulosic biofuels with the wind-down of its CodeXyme business. CEO John Nicols said, “Given the market’s undervaluation of the prospects and continued slow build out of cellulosic ethanol facilities, we have not been able to secure a suitable partnership or transaction for our […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, fell 1.65 percent to 63.96 as ethanol equities tanked as investors awaited a key EPA ruling on biofuels mandates. For the day, Pacific Ethanol (PEIX) plunged 15.92 percent to $2.80, while while Green Plains Renewable Energy (GPRE) dropped 4.95 percent to $15.18. Among other […]
In Florida, Dyadic (OTC Pink: DYAI) announced that it has been issued U.S. Patent No. 8,551,751 B2 entitled, “BX11 Enzymes Having Xylosidase Activity” by the United States Patent and Trademark Office (“USPTO”). The invention relates to methods of developing and producing novel enzymes, more specifically for the development of a variety of fungal enzymes. In addition, […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, edged up 0.11 percent to 65.10 as advanced biofuels jumped. For the day, KiOR (KIOR) rocked northwards 5.39 percent to $2.54, while Metabolix (MBLX) fell 6.00 percent to $0.94. Among other equities, Syntroleum (SYNM) gained 6.27 percent to $3/90. Overall, advances and declines were […]
In France, Société Générale has set up its 33rd Standby Equity Facility, PACEO, with Deinove. Société Générale undertook to subscribe successive capital increases over the next 36‐months, up to 450,000 shares in aggregate (i.e. 9.0% of the current share capital). For each tranche, the issuance price will depend on the volume weighted average price of […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, rebounded 0.74 percent to 65.03 as ethanol equities advanced. For the day, Aemetis (AMTX) jumped 11.11 percent to $0.20, while Biofuel Energy (BIOF) soared 12.50 percent to $1.80. Among other equities, KiOR (KIOR) recovered 2.99 percent to $2.41. Overall, advances led declines 4 to […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, closed at 54.55, down 0.91 percent, as advanced biofuels fell. For the day, Pacific Ethanol (PEIX) dropped 6.51 percent to $3.59, while Syntroleum (SNNM) lost 7.79 percent to $3.79. Among other equities, Ceres (CERE) plunged 9.64 percent to $1.78Overall, declines led advances 11 to […]
