It’s Friday and that means its time to fill the gas tank. Just in time for weekend fun, it always seems like gas prices go up. Here in California, prices are hovering near the $4.40 per gallon mark. But this week, oil prices dropped 15 percent from a two-year high of $114.83 on Monday and today prices closed at $97.18. …
Kautz Joins Dresser Wayne Team
Michelle Kautz has joined Dresser Wayne as the company’s new product manager, alternative energy. She will work with Scott Negley, the director of alternative energy and will be responsible for ensuring the commercial success of the company’s global ethanol and biodiesel products with a specific focus on capturing the business incentives for biofuels equipment. In her role, she will also …
BIO World Congress Preview
The World Congress on Industrial Biotechnology and Bioprocessing, hosted by BIO, is set to begin on Sunday, May 8, 2011 in Toronto. A record crowd is expected and the exhibitor hall is sold out. I’ll be on site to bring you breaking news and information about the latest biotechnology trends as they relate to biofuels and biochemicals. To get a …
BioAmber Raises $45M to Grow Succinic Acid Platform
BioAmber Inc. has raised $45 million dollars in Series B financing with the monies used to accelerate the commercialization of succinic acid and modified PBS including the construction of a plant in North America. The round was led by NAXOS Capital Partners who helped to secure a new investor, Mitsui & Co. a Japanese trading company. The round was co-led …
Dyadic Netherlands Enters Research Agreement
Dyadic Netherlands, a subsidiary of Dyadic International, a company developing enzyme and protein products for several industries including the biofuels industry, has announced that they have entered into a research agreement with Sanofi Pasteur, the vaccines division of sanofi-aventis Group, and EnGen Bio, Inc. As part of the agreement, Sanofi Pasteur will fund collaborative research at Dyadic Netherland’s research and …
Hertz Expands Solar Program
Hertz Corporation is expanding its solar program with the installation of solar electric systems at several new locations. The most recent installation was completed at a Hertz Rental Corporation (HERC) facility in Commerce City, Colorado. The completion of this project makes them the first rental car company in the country to install a solar power facility. The project is a …
First Flex Fuel Pump Opens in Pennsylvania
Pennsylvania is the home of its first flex fuel pump. Rhoads Energy worked with Growth Energy to install the pump at its station located at 2176 Paxton Street, Harrisburg, PA. The pump was installed with assistance provided from Growth Energy’s 2010 E85 and Flex Fuel Pump Program. “Providing consumers with greater access to ethanol will help reduce our dependence on …
AEC Supports Domestic Energy Promotion Act
Iowa Senator Chuck Grassley along with a bipartisan group of senators, announced a proposed piece of legislation to promote the development of biofuel infrastructure. The Domestic Energy Promotion Act of 2011 would transition the current blender’s credit to a variable tax credit based on the price of oil, improve tax incentives for blender pumps and ethanol refueling infrastructure, and extend …
Biomass Grants Awarded By USDA and DOE
U.S. Agriculture Secretary Tom Vilsack and U.S. Energy Secretary Steven Chu today announced a total of $47 million to fund eight research and development projects that will support the production of biofuels, bioenergy and high-value biobased products from a variety of biomass sources. “The projects that we are announcing today will spur innovation in bioenergy by developing renewable resources that …
Oregon to Test Hydrogen Fuel Technology
This month, testing will begin in Oregon on a new hydrogen fuel technology that works in tandem with diesel and gasoline engines to improve fuel efficiency, torque and horsepower and lower emissions. The technology was designed by Global Automotive Hydrogen Systems in Hong Kong. The system was first tested in Australia in 2010 by Pacific Transport, a trucking company. The …