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Weekly News Roundup
Here are this week’s news roundup. Sorry for the delay as I got by distracted by the arrival of one of the worst hurricanes in the history of New York City. Our neighborhood was ok, thank goodness, but some of my family and friends still don’t have electricity. My prayers for those families who lost … Continue reading
FOLLOW ME ON THESE SPACENovozymes buys 10% stake in Beta Renewables
Novozymes today announced its 10% acquisition stake worth $115m in Beta Renewables — a cellulosic biofuel joint venture between Chemtex (a division of Italian plastic producer Gruppo Mossi & Ghisolfi) and investment firm TPG. With this deal, Danish enzymes producer Novozymes and Beta Renewables have agreed to jointly market cellulosic ethanol using Novozymes’ Cellic enzymes … Continue reading
FOLLOW ME ON THESE SPACEZeachem completes cellulosic ethanol biorefinery
I am currently working on my weekly news roundup but in the meantime before Hurricane Sandy cuts off my electricity, I’ll post (separately) these news today that came from Zeachem and Novozymes. Let’s start with Zeachem, which announced today that it has completed construction of its 250,000 gal/year biorefinery demonstration plant in Boardman, Oregon, and … Continue reading
FOLLOW ME ON THESE SPACEToyota Tsusho’s Bio-PET rolls out
It’s 2am and I’ll make this a quickie post before my eyes pop out of my head. Illinois, US-based Clear Lam Packaging announced yesterday that it has signed a deal with Toyota Tshusho for the use of its Bio-PET (polyethylene terephthalate) resin in Clear Lam’s rollstock product line. The new Clear Lam Bio-PET rollstock will … Continue reading
FOLLOW ME ON THESE SPACEBP cancels US cellulosic ethanol plans
UK-based fuel giant BP seems to have caved-in to biofuel market pressures (and investor pressures) as it announced today that it will end its pursuit of commercial-scale cellulosic ethanol production in the US. BP said it is cancelling its plans to build a commercial-scale cellulosic ethanol facility in Highlands County, Florida, and it will instead … Continue reading
FOLLOW ME ON THESE SPACEMore delays for METEX’ bio-PDO
France-based METabolic EXplorer (METEX) is joining the ranks of other public industrial biotechnology firms (such as Amyris, Codexis, Gevo…) who are not too happy with the way their stocks are falling this year. Difficulty in financing and planned capacity delays are also hitting METEX hard with the company announcing on October 8 plans to reduce … Continue reading
FOLLOW ME ON THESE SPACE2013: A validation year for industrial biotech
Speaking of the recent BIO Pacific Rim Industrial Biotechnology summit, my ex-boss kindly forward to me a recent report from investment firm Jefferies & Company on their key takeaways about several discussions coming from the conference. I need to knock on several investment firms’ doors again to be able to get these types of reports … Continue reading
FOLLOW ME ON THESE SPACEZeachem looks at bio-propanol
Look at what I found! I have always been asking Zeachem what specific C3 chemicals they are looking into and now I have my (sort-of) answers from this slide presentation that Zeachem’s chief commercial officer Bob Walsh recently presented at BIO’s Pacific Rim industrial biotechnology and bioenergy summit. In this presentation, Zeachem points to development … Continue reading
FOLLOW ME ON THESE SPACEWho will be the greener US president?
[polldaddy poll=6625027] Even if there are a lot of readers of the blog that live outside the US, I am assuming that there are still many of you who are interested on who will be the next US president in less than three weeks (US presidential election is November 6) especially if the new president … Continue reading
FOLLOW ME ON THESE SPACEWeekly News Roundup
My apologies for the delay in this post. I had to do several phone calls throughout the day today and yesterday. My twittering and Facebook addiction also got the best of me lately ;-). Here are this week’s news roundup: Reverdia, Helm biosuccinic partnership Bio-succinic acid producer Reverdia has partnered with European chemical distributor Helm … Continue reading
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