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Novozymes announces new CEO, releases 2012 financial results

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By Erin Krueger

January 23, 2013

Advanced Biofuels Chemicals 

Novozymes has appointed a new president and CEO and released its financial results for 2012. On Jan. 21, the company announced its board of directors has appointed Peder Holk Nielsen president and CEO, effective April 1.

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Best Buy Capital invests in Solegear Bioplastics

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By Solegear Bioplastics Inc.

January 23, 2013

Solegear Bioplastics Inc., a developer of award-winning bioplastic technologies, is pleased to confirm that it has received a strategic investment from Best Buy Capital, the investment arm of Best Buy Co. Inc.

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The Agriculture Energy Coalition has urged Congress to begin work on a new five-year Farm Bill with strong mandatory funding for energy programs. The fiscal cliff bill extended the Farm Bill, but without funding for Energy Title programs.

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President Barack Obama has officially kicked off the second term of his presidency. During his inaugural address on Jan. 21, Obama touched on several topics, including the economic recovery and sustainable energy.

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Japanese researchers working with the Advanced Low Carbon Technology Research and Development Program have developed a bioplastic material derived from the microorganism Euglena and compounds obtained from cashew nut shells.

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In a case of the Goldilocks story retold at the molecular level, scientists at the U.S. DOE's Argonne National Laboratory and Northwestern University have discovered a new path to the development of more stable and efficient catalysts.

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Solazyme Bunge Renewable Oils, a joint venture between Solazyme Inc. and wholly owned Bunge Ltd. subsidiary Bunge Global Innovation LLC, has received approval for a R$245.699 million ($120 million) loan from the Brazilian Development Bank.

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BioNitrogen Corp. has announced that Granherne Inc., a KBR company, and PRM Energy Systems Inc. have completed the conceptual engineering and initial feasibility study for its first commercial-scale plant.

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Chemists at the University of California, Davis, have engineered blue-green algae to grow chemical precursors for fuels and plastics, the first step in replacing fossil fuels as raw materials for the chemical industry.

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Agriculture Secretary Tom Vilsack has announced $25 million to fund research and development of next-generation renewable energy and high-value biobased products from biomass sources though the Biomass Research and Development Initiative.

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"As we look ahead to a promising future in our small towns and rural communities, I am pleased to continue working alongside President Obama to grow more opportunity in rural America," said Agriculture Secretary Tom Vilsack.

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BBI International announced this week the preliminary agenda for the 6th annual International Biomass Conference & Expo. The 2013 agenda, featuring four comprehensive tracks, is tightly focused on leading edge developments in the biomass industry.

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Research show perennial biofuel crops reduce nitrogen loss

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By University of Illinois at Urbana-Champaign

January 11, 2013

In a four-year University of Illinois study that compared miscanthus, switchgrass, and mixed prairie species to typical corn-corn-soybean rotations, each of the perennial crops were highly efficient at reducing nitrogen losses.

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Seven recipients have each been awarded GBP292,000 ($469,000) by the United Kingdom Department of Energy & Climate Change as part of a program focused on funding projects that utilize wetland biomass for energy.

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Freez-it Cleen has announced its proprietary dry ice cleaning process is now protected by a U.S. patent. The technology uses dry ice pellets to clean exchange surfaces on a wide variety of equipment found in biofuel production facilities.

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A U.S. DOE award of up to $2.5 million will help Novozymes identify new and efficient enzymes to produce advanced biofuels and chemicals from corn stover, including cellulosic ethanol. Novozymes is partnering on this with MBI International.

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Southern Research Institute has entered into a cooperative agreement with the U.S. DOE to test a method for producing liquid transportation fuels from coal and biomass that eliminates the typical Fischer-Tropsch product upgrading and refining steps.

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In Oct. 2012, the National Research Council of Canada fueled a jet with 100 percent drop-in biobased jet fuel. As part of the test flight, a second aircraft tailed the jet to collect emissions data. The NRC has now released the results of that data.

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The U.S. DOE has announced more than $10 million to five projects in California, Washington, Maryland, and Texas that will develop new technologies to convert biomass into advanced biofuels and bioproducts like plastics and chemical intermediates.

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The Biomass Crop Assistance Program may have been extended through 2013 with the passing of the American Taxpayer Relief Act of 2012, but the program's usefulness in the coming year is still uncertain.

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Gevo Inc. has announced that its board of directors has approved a stock repurchase program that authorizes Gevo to repurchase up to $15 million of its common stock over a one-year period.

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Legislators have passed the "fiscal cliff bill," which extended the farm bill through Sept. 30 and several biofuel-related tax incentives through 2013. However, all mandatory funding for energy title programs was eliminated at the last moment.

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A consortium consisting of BioMCN, Siemens, Linde, and Visser & Smit Hanab, have received EUR199 ($264 million) in NER300 grants. With these funds, a large-scale biomass refinery will be constructed.

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