Dyadic International has confirmed that the final resolution of the consolidated stockholder class action lawsuit, Miller v. Dyadic International, Inc. et. al, has been approved and the lawsuit dismissed with prejudice. Dyadic is a biofuels company that is focused on developing technologies to produce cellulosic ethanol from corn stover and wheat straw. The lawsuit was originally filed in October of …
Tennessee’s Biomass Innovation Park Breaks Ground
Yesterday, Dallas Tonsager, the Under Secretary for Rural Development for the U.S. Department of Agriculture, was on hand for the groundbreaking ceremony for Tennessee’s Biomass Innovation Park. The park is a unique campus that will develop technology to integrate and optimizes the entire biomass supply chain. It will also be the site for a $5 million Department of Energy-funded high-tonnage …
Novozymes to Develop Cellulosic Ethanol in Brazil
Novozymes has signed an agreement with a world leader in the sugarcane ethanol market to work on cellulosic ethanol production in Brazil. The agreement between Dedini and Novozymes is based on developing the commercial potential of cellulosic ethanol in Brazil due to the large availability of bagasse. Brazil is the world’s largest producer of sugarcane, crushing more than 600 million …
BP to Acquire Verenium’s Cellulosic Ethanol Business
As BP struggles to stop the oil gushing out into the Gulf of Mexico, an announcement comes today that the company is making a major investment in cellulosic ethanol, as BP Biofuels North America is acquiring Verenium’s cellulosic biofuels business – which includes facilities in Jennings, LA and San Diego, CA – for $98.3 million. BP and Verenium have been …
GAO Urges Changes to Energy Department Loan Program
The Government Accountability Office (GAO) has issued a report urging the Department of Energy (DOE) to make changes to its current loan guarantee program to make it more effective. This program is intended to support “early commercial production and use of new or significantly improved technologies in energy projects that abate emissions of air pollutants or of greenhouse gases” including …
Danish Company Claims World’s Largest Cellulosic Ethanol Plant
A new cellulosic ethanol plant in Denmark is claiming to be the largest producer of “New Ethanol” in the world, turning wheat straw into 1.4 million gallons per year. According to Inbicon CEO Niels Henriksen, the biorefinery in Kalundborg is producing both cellulosic ethanol and a clean lignin biofuel to replace coal. “But our renewable energy process is as important …
Coffee Cups Could Make Ethanol
Researchers at the University of Manitoba are finding a new use for discarded coffee cups by turning them into cellulosic ethanol. According to a story from Canada’s CBC News, the researchers are using one particular kind of disposable coffee cups, from the Tim Hortons coffee chain, founded in 1964 in Hamilton, Ontario and very popular in Canada. Microbiologists Richard Sparling …
World Economic Forum Sees Bright Biofuels Future
A new report by the World Economic Forum (WEF) concludes that converting biomass into fuels, energy, and chemicals has the potential to generate upwards of $230 billion to the global economy by 2020, most of that in the United States. The report, produced in collaboration with Royal DSM N.V., Novozymes, DuPont and Braskem, says that the biorefineries industry could supplement …
ZeaChem Claims Successful Ethanol Conversion
Biomass refinery developer ZeaChem today announced the successful production of ethanol at a capacity that can be scaled to commercial production. According to a news release, ZeaChem’s results have been confirmed by third party vendors and the company will now demonstrate the integration of its biorefining processes at its 250,000 gallon per year Boardman, Oregon biorefinery, announced earlier this month. …
POET Finds Cellulosic Ethanol Cuts Emissions by 111 Percent
A new independent lifecycle analysis released today by ethanol producer POET finds that cellulosic ethanol could cut greenhouse gas emissions by 111 percent over gasoline. POET CEO Jeff Broin presented the results of the analysis at the 2010 Fuel Ethanol Workshop in St. Louis on Tuesday. The analysis specifically studied ethanol produced by Project LIBERTY, POET’s first planned commercial cellulosic …