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 …
Novozymes & PRAJ Partner on Advanced Biofuels
Novozymes and PRAJ Industries Ltd have signed a contract to collaborate on the development of advanced biofuels. Together the two companies will optimize the enzymatic hydrolysis processes and use of enzymes in the production of advanced biofuels. The two companies have a history or working together and for several years have been focusing on conventional biofuels. According to Novozymes, India …
World Biofuels Reduced Global GHGs 123.5M Tons
A new study shows that world biofuels production in 2009 has reduced GHG emissions by 123.5 million tons. The figure represents an average reduction of 57 percent compared to the emissions that would have occurred from the production and use of equal quantities of petroleum fuels. The report was prepared by (S&T)² Consultants Inc. Bliss Baker, spokesperson for the Global …
World Biofuels Markets Announces Speakers
It’s never too early to start planning your 2010 conference schedule and here is one to consider: World Biofuels Markets. This is Europe’s largest biofuels conference and so far, 20 of the 50 companies who were named to Biofuels Digest’s “Top 50 Hottest Companies in Bioenergy” will be participating. Last year several hundred people were on hand and this year …
Are You Biotech?
The biotech industry would like you to become ‘biotech’. Biotechnology has been responsible for bringing many things to the world including vaccines, cures for cancers, and better ways to grow our food. It is also responsible for developing the natural enzymes that are being used to help spur the growth in the biofuels industry. Enzymes are better for the environment, …