Frost & Sullivan has recognized Compagnie Industrielle de la Matiere Vegetale (CIMV) with Frost & Sullivan’s 2013 French Visionary Innovation Award. CIMV’s extensive research to find a viable substitute for petroleum has led to a biorefinery concept that focuses on second-generation biofuels and chemicals. These types of biofuels use only plant residuals (straws, forest residues, wood, miscanthus, and switch grass) and not the plant itself.- BASF and Renmatix Inc. will jointly scale up the Renmatix Plantrose process for the production of industrial sugars based on lignocellulosic biomass. The two companies signed a non-exclusive joint development agreement. The collaboration follows BASF’s $30-million investment in Renmatix in January 2012. The Plantrose technology developed by Renmatix enables industrial sugar to be produced, at competitive costs, from a variety of non-edible biomass (lignocellulose) sources. The proprietary process breaks down lignocellulosic sources (e.g. wood, agricultural-residues or straw) into industrial sugars using supercritical water (water at high temperature and pressure).
- American Capital Energy & Infrastructure announced today that it has partnered with American Capital to create BMR Energy LLC (“BMR”), a new energy company focused on developing and investing in power and related energy infrastructure throughout Central America and the Caribbean. BMR’s first project is a 34 MW wind farm in Malvern, St. Elizabeth Parish, Jamaica. In September 2013, the Office of Utility Regulation in Jamaica selected BMR to build, own, and operate the wind project, which is expected to be operational in 2015.
- Lignol Energy Corporation, a technology company in the advanced biofuels and renewable chemicals sectors, announced that further to its press releases dated September 30, 2013 and November 6, 2013, it has completed a A$1,488,000 subscription for secured convertible notes in Territory Biofuels Limited.
