Company initiatives
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Green chemicals investment roundup
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While investment money being bestowed this year is not as big as those seen in 2008-2010, this is definitely better than nothing, and there seems to be more hope of investors opening up their wallets again. Last month saw a…
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Proterro reaches sugar-making milestones
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Proterro said it has reached its Q1 sugar-production pilot milestones in four months of continuous operation at its pilot plant in Orlando, Florida, and reported that it has consistently saw no contamination effect on productivity. In February, Proterro announced that…
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Brazilian Industrial Biotech Association (ABBI) launched
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Companies that include Amyris, BASF, BioChemtex, BP, Centro de Tecnologia Canavieira, Dow Chemical, DSM, DuPont, GranBio, Novozymes, Raizen and Rhodia have joined forces to form the Brazilian Industrial Biotechnology Association (Associação Brasileira de Biotecnologia Industrial or ABBI) with a primary…
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Sime Darby invests in Verdezyne
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During President Obama’s trip to Malaysia this weekend, the country’s conglomerate giant, Sime Darby Berhad, announced that it will take a 30% stake, valued at $30 million, in San Diego-based renewable chemical company, Verdezyne. Sime Darby Renewables, a new…
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Verdezyne Reaches Key Production Milestone
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Verdezyne, Inc., a privately-held industrial biotechnology company focused on producing renewable chemicals, announced that it has produced more than one metric ton of bio-based dodecanedioic acid (DDDA) using its proprietary yeast platform and downstream process. The Michigan Biotechnology Institute (MBI)…
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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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British Airways commits to 50 ktpa biomass-based jet fuel supply
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The blog does not usually post much about biofuels but the technology involved in this project announcement is also associated with the developments of waste syngas-based chemicals. Yesterday, advanced biofuels technology developer, Solena Fuels, announced that it will build the world’s first facility,…