BioEnergy Bytes

Joanna Schroeder

  • LLC celebrated the grand opening of its new World Headquarters on April 27, 2015. Located at 3 Beaver Valley Road in Wilmington, Delaware, the headquarters will currently accommodate approximately 120 employees supporting a variety of corporate functions for the specialty chemicals company, which was previously known as Ashland Water Technologies. Space for additional expansion has been allocated.
  • Novozymes announced its first quarter results for 2015. Sales in the first quarter of 2015 grew by 8% organically and by 18% in DKK compared with Q1 2014. EBIT grew by 6%, and the EBIT margin was 27.4%. Adjusting for the one-time impact from The BioAg Alliance in Q1 2014, EBIT grew by ~20%, and the EBIT margin expanded by ~1 percentage point compared with Q1 2014. The EBIT margin expansion was mainly due to currencies. Net profit grew by 2%, and free cash flow before acquisitions came in at DKK 610 million.
  • Dynamic Energy Solutions has announced a Solar Project Acquisition Program for the purchase of commercial scale solar facilities that are planned to achieve commercial operation by the end of 2016. Dynamic has available institutional investor funds in excess of $125 million for this initiative. The goal of the program is to afford solar project developers greater access to funding and development resources to build commercial solar projects. The primary focus of the Solar Project Acquisition Program is commercial scale solar projects, 500 kW to 3 MW in capacity, located in the Northeast and Mid-Atlantic Regions. Other geographies will be considered on a special basis.
  • Kingspan Group plc of Ireland today announced the U.S. launch of its globally-recognized solar energy solutions provider, Kingspan Energy. The company offers end-to-end solar photovoltaic (PV) installations to the commercial and public sectors, including feasibility, design, installation, and financing.­
Bioenergy Bytes