Biobutanol got a boost from California Governor Arnold Schwarzenegger Tuesday at the launching of a Cobalt Technologies pilot plant in his state, Schwarzenegger said biobutanol will meet California’s Low Carbon Fuels Standard (LCFS), which was approved this week by the state’s Office of Administrative Law. “It is great companies like Cobalt that will help California meet our greenhouse gas reduction …
Nuffield Council on Bioethics Seeks Views on Biofuels
Ever thought about putting in your two sense on the growth of biofuels? Well, here’s your chance. The UK-based Nuffield Council on Bioethics is asking people to submit their views on the potential of biofuels. In recent months, first generation biofuels have been under fire from groups supporting the position that the net greenhouse gas emissions may not be much …
Novozymes Receives $28.4 Million To Advance Biofuels
Novozymes has received a $28.4 million tax credit to aid in the construction of the company’s new enzyme manufacturing facility in Blair, Nebraska. Specifically, Novozymes has received an Advanced Energy Manufacturing Tax Credit from the Obama administration. Once complete, the plant will produce enzymes used during the production of advanced biofuels and create more than 100 ‘green’ jobs. The tax …
Dyadic International’s Investors Win Big in ’09
According to an article in the Palm Beach Post, Dyadic International, based in Jupiter, Florida, made a huge comeback in 2009 when investors saw their stake increase by 1,253 percent during 2009. Dyadic was featured in the newspaper’s best and worst performers of 2009 for companies based in Palm Beach, Martin and St. Lucie counties Florida. In the biofuels space, …
Biofuels Maker Files for $100 Mil IPO
Biofuels maker Codexis Inc. has filed for a $100 million initial public offering on Nasdaq. This blog post from the Wall Street Journal says the San Francisco-based company develops microbes that turn plants into sugars for ethanol and biodiesel production. Shell has a 20 percent stake in Codexis, a company that tried an IPO back in September 2008, but had …
Grease Trap Waste Recycling Plant Begins Production
Maybe there are some benefits of eating fast food. The first Grease Trap Waste recycling plant in Florida is now in production. Affordable Bio Feedstock, Inc. has developed a brown grease waste recycling plant which turns grease into biofuels. The plant is located in Kissimmee, Florida, also the company’s headquarters, and the company plans on building at least 11 additional …
RFA Applauds Restoration of Biofuel Loan Funds
The biofuels industry received an early holiday present yesterday when the House of Representatives voted to restore $2 billion to the alternative loan guarantee program that was borrowed to fund the Cash for Clunkers program. However the Renewable Fuels Association (RFA), while pleased to see the funds returned, noted that this is just one step among many that are needed …
Speedling & Mendel to Commercialize Miscanthus
Miscanthus appears to be the hot feedstock for December. Last week, Sunbelt Biofuels announced that it will be licensing Freedom Giant Miscanthus, and today, Speedling Incorporated and Mendel Biotechnology, Inc. announced an agreement to work together to research, develop and commercialize a “cost-effective propagation and production system for Mendel’s advanced Miscanthus product candidates.” Neal Gutterson, Mendel’s president and CEO said, …
Airlines Agree to Buy Renewable Jet Fuel
Fourteen major airlines from the United States, Mexico, Canada and Germany, led by the Air Transport Association (ATA), have agreed to buy up to 750 million gallons of renewable jet fuel and diesel derived from camelina and produced by Seattle-based AltAir Fuels. This AltAir Fuels press release says the green fuel will be produced from camelina oil obtained from Montana-based …