algae
-
Joule bags $40m for CO2-to-ethanol project
.
Joule has closed a $40 million in private equity and venture debt financing led by existing investors, including Flagship Ventures, and brings the company’s total to $200 million raised to date.The proceeds will be applied towards a staged industrialization of its patented, reverse-combustion process, including the near-term expansion of Joule’s production field in Hobbs, New Mexico.…
-
Solazyme still faces production challenges at Moema
.
I wonder how long the petrochemical industry had perfected its processing technologies before it was able to reach an economical, efficient level? Unfortunately, investors today are not too forgiving when new, untested technologies from public companies are facing commercialization challenges. Solazyme is now going through this stage and their stocks had plunged from $11.79 a…
-
LanzaTech, IOC-DBT to produce omega-3 fatty acids
.
LanzaTech together with a research team from the IOC-DBT Center for Advanced Bio-Energy Research (an entity co-funded by India’s Department of Biotechnology and Indian Oil Corporation Limited) have developed a process that recycles CO2 emissions into omega-3 rich fatty acids. Essential nutrients, omega-3 oils, cannot be synthesized by the human body, and instead must be…
-
AkzoNobel in cyanobacteria-based chems
.
AkzoNobel has partnered with cleantech company Photanol to develop a process via Photanol’s modified cyanobacteria technology that uses light to directly convert CO2 into chemicals. The aim is to produce “green” chemical building blocks that will eventually replace raw materials AkzoNobel currently obtains from fossil-based production. AkzoNobel’s chemicals are used extensively by the chemicals, detergent,…
-
Neste Oil partners with RAE for algae oil
.
Neste Oil and Renewable Algal Energy (RAE), a US-based algae biomass producer, have signed a contingent commercial algae oil off-take agreement. Algae oil is one of the alternatives being researched by Neste Oil for use as a feedstock for producing NEXBTL renewable diesel in the future. Cooperation with RAE is intended to secure Neste Oil’s…
-
Roquette starts microalgae production in Lestrem
.
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…
-
Solazyme Produces Renewable™ Algal Oils at Iowa
.
Solazyme announced that commercial operations have commenced at both Archer Daniels Midland Company (ADM)’s Clinton, Iowa facility, and the downstream companion facility operated by American Natural Products in Galva, Iowa (ANP). Highlighting the flexibility of Solazyme’s technology platform, Solazyme, ADM and ANP have successfully manufactured three distinct and unique Tailored™ oil products at the facilities, and products are…