Response to the WSJ
December 19, 2011
I'd like to share the unedited version of a letter to the editor sent to the WSJ in response to its cellulosic ethanol bashing by the head of BP Biofuels, Sue Ellerbusch.
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.
Coskata files registration statement for proposed IPO
By Bryan Sims
December 19, 2011
Coskata Inc. is the latest high-profile biorefining firm to try its hand in the public capital markets as the Warrenville, Ill.-based cellulosic ethanol firm filed an S-1 registration with the SEC for a $100 million IPO.
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.
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.
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.
Ethanol prices hit one-year low, corn prices down too
December 16, 2011
At the end of a strong year for ethanol prices, futures prices for ethanol sank to $2.06 on Dec. 15, the lowest price since November 2010. The other side of the coin is that corn prices are down too.
Crunch Time for Biomass Incentives
December 16, 2011
Our entire industry has been vocal about Section 1603, especially in the past couple weeks, as fear of the end of the program and its benefits mounts.
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.
USDA helps install 266 blender pumps through REAP
December 15, 2011
The USDA announced the final round of fiscal year 2011 Renewable Energy for America Program awards on Dec. 14, bringing the total number of REAP-funded blender pump projects for the fiscal year up to 65.
Mascoma scores $80 million from DOE for Michigan plant
December 15, 2011
Mascoma Corp. announced Dec. 14 that it has secured $80 million in funding through the U.S. DOE as part of a cooperative agreement to design, construct and operate its planned 20 MMgy hardwood pulpwood-to-ethanol facility in Kinross, Mich.
Covanta Energy Corp. has withdrawn its request to the New York State Public Service Commission to include energy from waste (EfW) in its list of applications eligible for the state's renewable portfolio standard (RPS).
The retrofit of a retired coal ash silo has helped the Massachusetts Museum of Contemporary Art (MASS MoCA) finally become a wood pellet boiler user.
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.
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.
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.
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.
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.
Have a Coke and a smile, second-gen PlantBottle is coming and familiar industry players will make it happen
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.
By the end of January, Atlantic BioEnergy Corp. expects to be producing ethanol at its new $6.2 million demonstration plant in Cornwall, Prince Edward Island.
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.
Enerkem raises C$15 million in project equity financing
By Enerkem
December 13, 2011
Enerkem raises $15 million in project equity financing for its commercial waste-to-biofuels facility in Edmonton, Alberta.
Ethanol shuffle based on 'questionable assumptions'
December 13, 2011
The assumption that the production of sugarcane ethanol results in fewer lifecycle greenhouse gas emissions than corn ethanol is based on questionable analyses, RFA's Geoff Cooper argues.
As the cellulosic ethanol industry begins to actively come into commercial-scale production, current tax incentives must remain to support those facilities through the initial few years of production, according to the Advanced Ethanol Council.
Only two and half weeks after announcing plans to construct and operate a straw-fired biomass plant in the U.K., developer Eco2 has announced it will sell the rights to another proposed straw-powered plant.
Repreve Renewables will hold its second annual Giant Miscanthus Field Day Jan. 10-11 at its farm near Soperton, Ga.
For $92 million, Kedco Plc, an Ireland-based gasification and anaerobic digestion technology developer, plans to bring five biomass combined-heat-and-power (CHP) plants to the U.K.
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.
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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