In Pennsylvania, Bill Gates is leading the latest investment round into the pioneering cellulosic sugars producer Renmatix as energy giant Total joins in with second investment and a 1 million ton per year license. Gates is the chairman of the Breakthrough Energy Coalition— along with Zuckerberg, Branson, Bezos, Steyer, Khosla, Doerr, and 20 others who […]
Edeniq is torn between two lovers: its current ownership group, which shuffled together a financing this week; and Aemetis, which is supposed to be acquiring Edeniq this year for $23 million. How Edeniq landed in this situation, we’ll endeavor to explain. And we’ll revisit our long-held belief that Edeniq’s tech is, in fact, a Billion […]
Yes, it’s time for voting in the Hot 50. Who will be #1? In Florida, The Digest announced the official opening of voting for the 50 Hottest Companies in the Advanced Bioeconomy. Voting Rules Voting will be open to all registered subscribers of The Digest and invited selectors; this year, votes may also be cast […]
If you’ve been trapped in a sensory deprivation chamber the past few months, or simply tune out anything to do with the European Commission, you’ve probably not noticed that the EU has put itself on a fast-track to limit, if not abandon, first-generation biofuels and focus almost exclusively for its carbon future on advanced biofuels. […]
In Virginia, bioenergy industry legend and retired Marine Lt. Col. William C. Holmberg has died of complications from cancer. He was 88. He was the first recipient of the Digest’s Holmberg Award for Lifetime Achievement in 2014, which was subsequently named in his honor and is presented annually at the Advanced Bioeconomy Leadership Conference. Holmberg was […]
In Colorado, Gevo has entered into a heads of agreement with Lufthansa to supply Gevo’s alcohol-to-jet fuel from its first commercial hydrocarbon facility, intended to be built in Luverne, MN. The terms of the agreement contemplate Lufthansa purchasing up to 8 million gallons per year of ATJ from Gevo, or up to 40 million gallons […]
In Washington, the Biotechnology Innovation Organization released a landmark report “Advancing the Biobased Economy: Renewable Chemical Biorefinery Commercialization, Progress, and Market Opportunities, 2016 and Beyond,” documenting substantial, ongoing growth in the renewable chemical industry and outlining federal and state policies that support the industry. Explosive growth in renewable chemicals BIO reports that “McKinsey & Co. […]
In Wisconsin, Tesoro reached an agreement for Tesoro to acquire Virent. The acquisition, the partners said, will support the scale up and commercialization of Virent’s BioForming technology for the production of low carbon bio-based fuels and chemicals. As a result of the acquisition, Virent will become a wholly owned subsidiary of Tesoro and remain in […]
Yes, it’s time for voting in the Hot 40. Who will be #1? In Florida, The Digest announced the official opening of voting for the 40 Hottest Emerging Companies in the Advanced Bioeconomy. Voting Rules Voting will be open to all registered subscribers of The Digest and invited selectors; this year, votes may also be […]
News has arrived from Quebec and we are glad to report it that BioAmber, in its Sarnia succinic acid joint venture with Mitsui & Co., has achieved the final operational milestone set out in a $20 million commercial loan that the joint venture drew down in 2015. It’s worth some detail, before the cheering: BioAmber […]
