Green Biologics, Inc., the U.S. subsidiary of Green Biologics Ltd., a U.K. industrial biotechnology and renewable chemicals company, has announced that its high purity bio-based n-butanol and acetone have received official certification under the USDA BioPreferred® program. The products are now certified as 100 percent bio-based and are marketed under the BioPure™ brand.- Biofuels Digest has reported that Blue Marble Biomaterials will become the first biomaterials company to utilize Regulation A+, a type of equity crowdfunding regulated by the Securities and Exchange Commission, and will offer equity shares to the public. Regulation A+ differs from other popular crowdfunding methods, such as Kickstarter. Under Reg A+, investors buy equity in the company. A natural-biochemical pioneer, Blue Marble intends to use the capital raised through its online public offering to expand production capabilities and research and develop new natural chemicals.
- The English government is seeking input from the public and stakeholders on proposed changes to the Renewable Transport Fuel Obligation Order. In particular it concerns increases to the obligation level, the appropriate level for the contribution of renewable fuels created from agricultural crops, and increases to the use of advanced renewable fuels.
- ICSA president Patrick Kent has slammed leaked EU Commission proposals which would undermine previous biofuel policy. The leak is from a new renewable energy plan from the Commission which apparently will slash the target for the crop biofuel component of EU transport fuels from 7% to 3.4% by 2030. According to Kent, this strategy flies in the face of logic. The Commission which was supportive of biofuels has now decided to reverse its position without any scientific basis for so doing. Kent says, “What the Commission is proposing to do will deny tillage farmers access to an important income stream and also puts at risk tens of thousands of jobs across Europe. It will end investor interest in EU biofuels, with a direct knock on effect on the efforts to revive the Irish sugar industry – proposals which have received the direct support of all of the major political parties in Dail Eireann and it will make it harder to achieve EU targets to cut GHG emissions from road traffic.”
