Investments
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Trellis Earth Products buys Cereplast
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Trellis Earth Products, Inc., a leading maker of bioplastic food service disposables, will pay $2.6 million for substantially all of Cereplast’s assets including production equipment, patents, inventory, and trademarks, plus pay certain contract cure costs, as part of Cereplast’s Chapter 7 liquidation proceedings. United States Bankruptcy Judge Basil H. Lorch III entered the sale order…
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Roquette starts microalgae production in Lestrem
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Remember when France-based Roquette announced last year that it has dissolved its microalgae joint venture with Solazyme (Solazyme Roquette Nutritionals LLC)? Well, it’s because Solazyme now has a competition in this area as Roquette announced its newly-started 4,000-5,000 tons/year production unit at its Lestrem, France, industrial site, which will cultivate chlorella by fermentation. The company…
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Enerkem starts commercial waste-to-biofuels plant
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Enerkem officially commissioned last week its first commercial biorefinery in Edmonton, Alberta, Canada, that will produce biofuels and chemicals using municipal waste. The facility, operated by Enerkem Alberta Biofuels, will have a capacity of up to 38 million liters/year initially producing biomethanol. A module converting the biomethanol into advanced ethanol will be added by the…
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Braskem opens renewable chems R&D
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Braskem has opened last week a new R&D center in Campinas, São Paulo, that will focus on research and development of biotechnology and related chemical processes from renewable feedstock projects, reinforcing the company’s commitment to sustainable technological alternatives. The R$30 million ($13.4 million) investment is being supported by Invest São Paulo, the state’s investment promotion agency.…
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Avantium Raises €36M, ready for commercial-scale
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I still have several interviews from last month that I need to post and I’m also receiving recent press releases so please bear with me as I try to juggle work and blogging. Next week, I will be at the ACSGCI Green Chemistry & Engineering conference in Bethesda, Maryland. Follow my tweets at @Dgreenblogger #gcande…
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Segetis gets $325K grant, plans commercial facility
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Segetis recently announced that Minnesota’s Department of Agriculture has awarded the company $325,000 in NextGen Energy grant funding through the state’s Agricultural Growth, Research and Innovation (AGRI) program. In April, Segetis also received $21.2 million in funding from the Iron Range Resources and Rehabilitation Board (IRRRB), a state economic development agency based in northeastern Minnesota.…
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Aemetis Approved for NASDAQ Listing
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Aemetis, Inc., based in Cupertino, California, announced that its common stock will begin trading on Friday, June 6, 2014, on The NASDAQ Stock Market LLC under the “AMTXD” ticker symbol. After the company completes its market transition period on June 10, 2014, the NASDAQ ticker symbol will be “AMTX”. Aemetis owns and operates a 60…