Investments
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Global Bioenergies Partners with Audi
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France-based Global Bioenergies has signed a collaboration deal with the German car-manufacturer Audi on the development of isobutene-derived isooctane, a high performance biofuel for gasoline engines. As a 100% drop-in fuel, the isobutene-derived isooctane can reportedly be used in any blending ratio with all standard fuels for gasoline motors. It does not present the drawbacks…
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Scotland launches industrial biotech plans
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I am catching up on some of my blog drafts since October 2013 while there seems to be a lull in renewable chemicals news this month. This one was announced by Scotland’s main economic development agency, Scottish Enterprise, while I was at the Ecochem conference in Basel, Switzerland, in November last year. Scotland is laying…
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Myriant withdraws IPO Plans
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Bio-succinic acid producer Myriant Corporation has requested the withdrawal of its IPO (initial public offering) registration to the U.S. Securities and Exchange Commission. Myriant initially filed its IPO on May 27, 2011. Myriant said it does not intend to pursue the contemplated public offering at this time and believes the withdrawal to be consistent with…
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Cellulosic biofuels projects still on track
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The blog has not been able to post most of the biofuel announcements in the past three months, unfortunately, as most of the blog’s focus is now on renewable chemicals instead. However, you can visit the blog’s home page where I will post updated compiled newsfeed of biofuel announcements each month. For now, it seems…
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Bluefire Renewables loses DOE grant
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Bluefire Renewables Inc. received notice that the Department of Energy (DOE) would no longer provide funding under the Company’s DOE grant for the development of its cellulosic waste facility in Fulton, Mississippi, due to the its inability to comply with certain deadlines related to providing certain information to the DOE with respect to the future…
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Private investors coming back?
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Covering the renewable chemicals sector for the past several years, I’ve noticed that many of the investment announcements seem to increased usually in December, when I guess, private investors are more mellow and in a gift-giving mood. Here are some recent announcements: Infinity Group, a cross-border, private equity platform has invested $4.2m in green biotech…
