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Jan 16, 2012
LanzaTech purchases defunct Range Fuels’ facility
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Jan 18, 2012
Australian company Algae.Tec has signed a 50/50 joint venture (JV) with Chinese company Shandong Kerui.  Working together, the companies will build a 250-module algae biofuels facility in China, in which both companies will pay half to cover costs. The module system at the facility will be enclosed and the way the algae will be cultivated is meant to give it a high... [Read More]

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Jan 18, 2012
Bioenergy crop company SG Biofuels has closed a $17 million (€13 million) round of fundraising to go towards further developments of its hybrid jatropha seeds which can be used for biodiesel production. The series B of financing was led by Thomas, McNerney & Partners; and Finistere Ventures and current investors Flint Hills Resources and Life Technologies were... [Read More]

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Jan 18, 2012
BlackGold Biofuels and SLM Facility Solutions Nationwide have joined forces in the US to turn grease trap waste, derived from restaurants, into biofuels. The process will cost the hospitality companies no extra money to deliver the grease trap waste to the facilities, and then BlackGold Biofuels will extract and recycle the grease, turning it into biodiesel. 'Grease... [Read More]

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Jan 19, 2012
Renewable Energy Group (REG) has released 7.2 million shares in an initial public offering to the public for $10 (€7.80) a share. The shares are to trade on the Nasdaq Global Market from today, under the symbol REGI. Nearly 7 million of the shares will be offered by REG and the remaining 343,000 shares are being sold by stockholders. Underwriters have also been granted... [Read More]

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Jan 19, 2012
Cool Planet BioFuels has been granted approval from the California Air Resources Board to test its negative carbon petrol. The technology converts biomass, including grass and woodchips, into biodiesel. Through the process, a byproduct is created, which can be used as a fertiliser. The first part of the testing will involve blending of the negative carbon fuel with E10... [Read More]

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Jan 19, 2012
Biodiesel production in Europe dropped last year and illegal imports from countries such as Argentina and Malaysia are being blamed. Biodiesel production has fallen for the first time in Europe, even though consumption figures have remained stagnant. Although 2010 showed that the production of biodiesel had risen by 5.5% when compared to the previous year, latest figures... [Read More]

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Jan 20, 2012
Green Biologics Limited (GBL), a UK-based industrial biotechnology company has merged with butylfuel, a US-based renewable chemicals and biofuels company. The new company will operate under the Green Biologics name and continue to be head-quartered in Abingdon, UK with a strong operational presence and commercial focus in the US contributed by butylfuel, which will become... [Read More]

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Jan 20, 2012
Novozymes’ shares fell to the lowest they have been in two months following the announcement that the company’s earnings for the fourth quarter of 2011 were lower than predicted. The Denmark-based company, which uses enzymes to produce biofuels, says the results could be blamed on the price of raw materials rising and a drop in sales for bioenergy enzymes. However,... [Read More]

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Jan 20, 2012
Joule Biotechnology has closed a $70 million (€54 million) third round of financing which it says it will use to bring its developments to commercialisation. This means the total amount raised is more than $110 million and a facility will now be built in Hobbs, New Mexico, which will begin its commissioning process in the middle of this year. In the facility, Joule’s... [Read More]

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Jan 23, 2012
Australian company Algae.Tec has raised AUS$5 million (€4 million) through Patersons Securities and the money will be used to fast-track the business’ commercial plans. Recently Biofuels International reported that Algae.Tec formed a joint venture with Chinese company Shandong Kerui to build a 250-module algae biofuels facility in China. Algae.Tec executive... [Read More]

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Dec 15, 2011
The Biotechnology Industry Organization (BIO), which represents more than 1,000 biotechnology companies, has called for long-term tax policies to be introduced in the US in order to push biofuel developments to commercial scale. In order to make sure these developments are successful, incentives should be given to ‘technologies with the greatest potential to create... [Read More]

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Dec 15, 2011
MSW to waste biofuel producer Enerkem has received investment from Waste Management and EB Investments to the tune of C$15 million (€11 million), in return for a minority equity interest in Enerkem Alberta. The biofuels company is currently building a full-scale commercial plant in Edmonton, Canada, and has so far raised C$103 million to put towards the development. Other... [Read More]

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Dec 15, 2011
OriginOil, an algae technology developer, has joined forces with Australian company Future Energy Solutions (FES), and its subsidiary Alternate Energy Systems (AES), to carry out feasibility studies on the potential for biorefining centres around the world. The biorefineries would serve US and NATO military requirements for alternative fuels, including biofuels. OriginOil... [Read More]

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Dec 19, 2011
Biomass to ethanol producer TMO Renewables says it has raised £7.6 million (€9 million) in a financing round from new and current shareholders. This will be combined with the £4.6 million that was raised at the beginning of the year, and will be used to help the company come into commercialisation. The company is working with plant owners and land official... [Read More]


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