- Alliance BioEnergy Plus, Inc. has announced its CTS pilot plant located at the Company’s subsidiary Ek Laboratories, is now running the complete conversion process from raw feedstock through fermentation of cellulosic sugars. This full conversion process also includes the separation of the valuable pure lignin and the recycling of catalyst and unreacted cellulose back to the front of the process.
- Amyris, Inc. has announced that it closed a $20 million private placement of unsecured promissory notes to existing investors. In connection with this financing, the company also issued warrants for 2.9 million shares of common stock. The private placement was led by a long-term investor affiliated with one of Amyris’s board members, John Doerr, of the venture capital firm Kleiner Perkins Caufield & Byers, and included participation by Biolding Investment S.A. and Naxyris S.A., which are also associated with members of the company’s board of directors.
- The Pennsylvania Department of Environmental Protection (DEP) is encouraging Pennsylvanian business and community leaders to be better caretakers of the environment by offering incentives for the purchase and use of alternative fuels and alternative fuel vehicles. DEP’s Alternative Fuels Incentive Grant (AFIG) Program offers funding for innovative, advanced fuel and vehicle technology projects for cleaner alternative transportation within the commonwealth.