algae
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Association, Biofuel, Bioplastic, Biorefinery, Clean technology, Feedstock, Investments, Press ReleaseAlgae: Should they stay or should they go?
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Sorry about the title, but my brain is clouded with the Clash song. I must confess that I’ve been indoctrinated with classic rock music for the past 4-5 years, so they’re now sticking in my brain cells. So, algae…remember the days of Solazyme and Sapphire Energy? I remember the former Cereplast had a subsidiary called…
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Award, Biorefinery, Clean technology, Energy, Environment, Government, Investments, Press Release, Processing, R&D, RecycleUS DOE Selects Awardees for Phase I Innovation Projects
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I am interested in this news as not only does it gives me hope that the US Department of Energy (DOE) still give grants that not only boost small businesses but these small businesses are focusing on research projects targeting bio-based materials production, processes that lower carbon footprint as well as enabling circular carbon economy…
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TerraVia sells Algenist
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TerraVia (formerly Solazyme) recently announced the sale of 80% of its interest in its Algenist business to Tengram Capital Partners, a private equity firm that focuses exclusively on consumer and retail companies that owns exclusive, highly recognizable brands. As part of the transaction, TerraVia will continue to be an ingredient supplier for the Algenist brand, which includes…
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DOE releases initial 2016 Biomass report
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The US Department of Energy (DOE) Bioenergy Technologies Office (BETO), in collaboration with Oak Ridge National Laboratory (ORNL), has rolled out the first volume of its 2016 Billion-Ton biomass report looking into the potential for US to sustainably produce at least one billion dry tons of non-food biomass resources annually by 2040. This is the third…
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Solazyme changes name, abandons commodity chems and biofuel
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It should not come as a shock that Solazyme is now fully rebranding itself as a food and nutrition ingredients producer after recent announcements of production restructuring and layoffs. The company released a statement today that it has renamed itself as “TerraVia” and will now exclusively focus on food, nutrition and specialty ingredients using its…
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UPS expands renewable fuels consumption
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It seems ‘Brown’ has become green when UPS recently announced its plans to use up to 46 million gallons of renewable fuels over the next three years, a 15-fold increase over prior contracts, and making UPS one of the largest users of renewable diesel in the world. The agreement includes companies such as Neste, Renewable…
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DOE awards $18m grant to algae-based projects
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Let me post this before I leave for Montreal, Canada, today. The US Department of Energy (DOE) recently announced six projects that will receive up to $18 million in funding to reduce the modeled price of algae-based biofuels to less than $5 per gasoline gallon equivalent (gge) by 2019. Algal biomass can be converted to…