Investments
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Biofuel, Biorefinery, Company initiatives, Energy, Feedstock, Government, Investments, News Roundup, Partnership
Expanding cellulosic ethanol production worldwide
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It felt like everybody was in a group hug when I attended a biofuel panel discussion at the recently-held World Bio Markets USA with POET-DSM, GranBio and Abengoa Bioenergy in attendance. Abengoa had its grand opening celebration last month with…
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HSBC, Virgin Atlantic and LanzaTech in partnership
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The UK’s largest bank, HSBC, is joining the collaboration between LanzaTech, Virgin Atlantic, GE and Boeing to convert waste gases captured from industrial steel production to jet fuel via fermentation and chemical conversions. In addition, Virgin Atlantic announced that the team intends…
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Collaboration news: MBI, Canada, Europe
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MBI (Michigan Biotechnology Institute) has partnered with Sarnia, Ont.-based Bioindustrial Innovation Canada for a collaboration-driven binational agreement designed to expedite development and commercialization of bio-based chemicals and materials. MBI, a wholly owned subsidiary of the Michigan State University (MSU) Foundation,…
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Stora Enso to build cellulosic sugar demo plant
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Another late news but I was in China at the time that this came out and I was not able to access my google emails and reader… Stora Enso said it is investing EUR 32 million (USD 43 million) in…
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US agencies invest in biorefineries
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As part of a 2011 Presidential directive, the Departments of Navy, Energy, and Agriculture announced today that three companies have been awarded contracts to construct and commission biorefineries capable of producing “drop-in” biofuels to meet the transportation needs of the…
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Siluria bags $30m funding from Saudi Aramco
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Siluria Technologies closed a $30 million Series D financing round led by Saudi Aramco Energy Ventures (SAEV), the venture investment subsidiary of Saudi Aramco. With this initial Series D financing, Siluria has raised just under $100 million since its inception. Siluria is…
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HallStar acquires Florasolvs® natural esters
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The HallStar Company, a Chicago-based specialty chemistry company, has acquired the Florasolvs® natural esters product line of specialty ingredients from FloraTech, a global provider of botanically-derived ingredients for personal care products. The acquisition includes the FloraTech trade names and proprietary manufacturing…