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World Health Energy Holdings plans algae project in India

By Bryan Sims

December 28, 2011

Advanced Biofuels 

Algae and commercial aquatic feed developer World Health Energy Holdings signed a letter of intent with Prime Inc. India to develop a proposed biodiesel production facility in India that would ramp up to 250 acres with a budget of up to $100 million.

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The EPA finalized the 2012 renewable fuel volume standards today. Biomass-based diesel is set at 1 billion gallons; advanced biofuels, 2 billion gallons; cellulosic biofuels, 8.65 million gallons; and total renewable fuels, 15.2 billion gallons.

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Researchers at Finland's Aalto University have developed and patented a method to produce butanol and other industrial chemicals from woody biomass. The method involves an altered pulping process resulting in sugars that can be converted by microbes.

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Feedstock development company NexSteppe recently announced it has raised $16 million in its second round of funding led by Braemer Energy Ventures. Previous investors also participated in the funding round, including CYM Ventures and Zygote Ventures.

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Elm Street Ventures, an early-stage venture capital firm based in New Haven, Conn., has provided financing for the formation of a new company, P2 Science, which aims to usher in a new class of high-performance surfactants called C-glycosides.

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Lawmakers and opinion leaders in Washington now have access to first-hand accounts from the C-Suite of the nation's top advanced biofuel companies.

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Denmark-based CLC bio, a bioinformatics sequence analysis software provider, recently announced that Sapphire Energy Inc. has installed a custom-made bioinformatics solution from CLC bio in its San Diego-based research center.

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Air New Zealand has signed a memorandum of understanding (MOU) with Sydney, Australia-based Licella Pty Ltd. to examine the development and commercialization of a process to convert woody biomass into biofuel.

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The EC recently released a long-sighted roadmap for the continent's decarbonization plan, exploring possible scenarios that could be deployed to meet the EU's ambitious goal of reducing GHG emissions to 80 to 95 percent below 1990 levels by 2050.

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The Algal Biomass Organization has engaged the Washington, D.C. office of the global law firm, K&L Gates LLP. The firm will help ABO in its efforts to educate federal policy makers about the growing potential for algae biofuels.

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Neste Oil celebrated the grand opening of its renewable diesel production facility at the Port of Rotterdam, The Netherlands and announced plans to build a pilot plant at its Porvoo refinery to produce waste-based microbial oil for fuels production.

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Agilyx Corp. has secured $25 million in a Series C round of funding led by new lead investor Keating Capital that will provide working capital to fund marketing, business development, deployment of new projects, as well as aid in scale-up efforts.

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California-based algae technology developer OriginOil Inc. has cofounded a new joint venture, called Future Energy Solutions Unlimited Inc., that aims to deploy biorefinieries in strategic locations around the globe for the U.S. and NATO military.

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On Dec. 14, the U.K.'s Advertising Standards Authority issued adjudication in favor of Shell International Ltd. in response to a complaint filed against one of its advertisements. The compliant challenged CO2 emission reduction claims made by Shell.

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Warrenville, Ill.-based Coskata Inc. filed an S-1 registration statement on Dec. 16 with the U.S. Securities and Exchange Commission to raise a proposed maximum of $100 million in an initial public offering of shares of its common stock.

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The Coca-Cola Co. executed partnerships with three leading biorefining companies to accelerate the development and production of its next-generation trademarked PlantBottle packaging made 100 percent from plant-based materials.

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A new Lux Research report finds that the biobased chemicals and materials industry has reached a tipping point, with capacity expected to double in market potential to $19.7 billion in 2016 as global manufacturing capacity increases by 140 percent.

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Montreal, Canada-based Enerkem Inc. recently announced that Waste Management and EB Investments are investing C$15 million for a minority interest in Enerkem Alberta Biofuels L.P., which is currently building a commercial-scale facility in Edmonton.

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The U.S. Navy concluded its final advanced biofuel demonstration of the year with operational testing of a 50/50 blend of algae-derived hydroprocessed oil and petroleum-based F-76 fuel in a landing craft air cushion amphibious transport vehicle.

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Houston-based biochemical firm Glycos Biotechnologies Inc. has selected Toyo Engineering & Construction Sdn Bhd to provide engineering, procurement and construction services for its future commercial-scale industrial biochemical plant in Malaysia.

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DuPont recently held its 2011 Investor Day event during which company Chair and CEO Ellen Kullman and its senior leaders detailed the global growth strategy of DuPont and its business segments. The Industrial Biosciences segment is doing well.

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Have a Coke and a smile, second-gen PlantBottle is coming and familiar industry players will make it happen

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Blue Marble Biomaterials is committed to the age-old philosophy of "using the whole animal" as evidenced by its newly formed private/public research partnership with the University of Montana aimed at optimizing algal biomass utilization.

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As many key biofuel tax incentives near expiration at the end of this year, several biofuel organizations and companies submitted written or verbal testimony on Capitol Hill today to a Senate Finance Subcommittee pushing for their extension.

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Repreve Renewables will hold its second annual Giant Miscanthus Field Day Jan. 10-11 at its farm near Soperton, Ga.

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Global private equity firm Warburg Pincus commits $355 million to the formation of a new investment company called First Green Partners to commercialize early-stage companies that convert renewable carbon, such as biomass, into fuels and chemicals.

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Mascoma announced that it has entered into definitive agreements with Valero to develop and operate its 20 MMgy cellulosic ethanol facility in Kinross, Mich. The cost to construct, commission and start-up the plant is estimated at $232 million.

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The second annual U.K. Biomass Directory has been released, and it indicates that the country is in line to meet its goal of producing 10 percent of its energy with biomass by 2050.

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The U.K. Committee on Climate Change has released its Bioenergy Review, which finds that without bioenergy the country is not likely to meet its long-term emissions goals.

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