Earnings
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BioAmber’s Sarnia bio-succinic acid project on track
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BioAmber Inc., an industrial biotechnology company producing sustainable chemicals, recently announced its financial results for the third quarter ended September 30, 2014. Highlights included: Sarnia project continues to be on budget and scheduled for mechanical completion in early 2015 A 15 year…
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Solazyme, AkzoNobel expand surfactant partnership
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Algal oils producer, Solazyme, has expanded its algal oil supply agreement with specialty chemicals company, AkzoNobel, with a new five-year supply of up to 10,000 tons/year of Solazyme’s Tailored™ algal oil for surfactant production pending successful joint product development. The…
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Gevo reports cash concern in 10-K
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As the blog reported before, 2014 seems to be the year for industry restructuring with LS9 being acquired by Renewable Energy Group; Cereplast filing for bankruptcy and Codexis changing its business strategy and focus. Bio-isobutanol producer, Gevo, is currently in the…
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Cereplast files for Bankruptcy
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It looks like the renewable chemicals/bio-materials industry is now seeing the start of restructuring with LS9 recently being acquired by Renewable Energy Group, Codexis changing its business strategy and focus, and now Cereplast filing for bankruptcy. The Indiana-based bioplastic producer…
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More ethanol news woes
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More bad financial news on the ethanol front after Bluefire Renewables loses DOE grant. KIOR halts production of cellulosic gasoline, diesel and fuel oil at its plant in Columbus, Mississippi to optimize yield, throughput and operability, and to minimize cost….
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Gevo hoping for a better 2014
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The clock is ticking for bio-isobutanol producer Gevo, and it needs to prove as soon as possible that its 18m gal/year Luverne, Minnesota, facility can successfully fully operate. The company needed an influx of cash very quickly and has announced…
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Codexis exits fatty alcohols project
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The big news last month on Codexis’s third quarter earnings call is that the company stopped further development of its CodeXol® detergent alcohols franchise earlier in the year as the company also decided to exit its CodeXyme® cellulase enzymes business. The cellulase…