Biofuel
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DuPont’s cellulosic ethanol tech in China
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DuPont announced a licensing deal with Jilin Province New Tianlong Industry Co. Ltd. (NTL) for the use of DuPont’s cellulosic ethanol technology and its Accelerase enzymes for the production of renewable biofuel from leftover biomass on Jilin Province’s corn farms. This project aims to develop China’s largest cellulosic ethanol manufacturing plant to be located in…
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LanzaTech, ArcelorMittal in bio-ethanol project
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LanzaTech announced yesterday that it has partnered with ArcelorMittal, a leading steel and mining company, and Primetals Technologies, a technology and service provider to the iron and steel industry, for a bio-ethanol project that will use waste gases, e.g. carbon monoxide, produced from steelmaking process as feedstock. The pilot project is expected to have a…
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Avantium partners with Tereos
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For years, major agribusinesses have been partnering (although more muted now in the US) with renewable chemical companies e.g. Bunge with Solazyme; ADM with its previous partnerships with Metabolix and recent investments in Rennovia; Cargill with its NatureWorks subsidiary and investments in Rivertop Renewables; palm plantation owner, Wilmar, with Elevance; and in Europe, Global Bioenergies has partnered…
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Gevo partners with FCStone for corn supply
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Gevo has entered into an agreement with FCStone Merchant Services, LLC to originate and supply corn for Gevo’s plant in Luverne, Minn. Engaging FCStone to conduct Gevo’s corn purchasing at Luverne is expected to free up more than $1 million of working capital, which has previously been tied up in corn inventory. By leveraging FCStone’s scale and…
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Recent biorefinery deals
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Abengoa has been selected by Fulcrum BioEnergy to build its first biorefinery, worth $200m, to be located in the Tahoe-Reno Industrial Center, Nevada (USA). The facility will use gasification technology to convert municipal solid waste (MSW) into syncrude that will be upgraded into jet fuel. Abengoa will be responsible for the turnkey execution of the…
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Joule bags $40m for CO2-to-ethanol project
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Joule has closed a $40 million in private equity and venture debt financing led by existing investors, including Flagship Ventures, and brings the company’s total to $200 million raised to date.The proceeds will be applied towards a staged industrialization of its patented, reverse-combustion process, including the near-term expansion of Joule’s production field in Hobbs, New Mexico.…
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VIDEO: Toyota Fueled by Bullsh*t
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I don’t usually gush about media releases (sorry PR folks!) but I do love this one from Toyota, which was released today, I guess in honor of Earth Day. Toyota has tapped award-winning documentary filmmaker Morgan Spurlock to show how calling hydrogen fuel cell vehicles “bullsh*t” isn’t far from the truth. This 3-minute video features…