Natural Resources Canada: Government of Canada Invests in Saskatchewan Biofuels
Thanks to an investment by the Government of Canada, up to $77.75 million over seven years will support the production of ethanol in Saskatchewan, sustain job creation and help stimulate the economy. Ray Boughen, Member of Parliament for Palliser, on behalf of the Honourable Lisa Raitt, Canada’s Minister of Natural Resources, today announced that the ecoENERGY for Biofuels program will deliver...
Honeywell’s UOP and China National Petroleum Corp. to Collaborate on Biofuels Projects in China
UOP LLC, a Honeywell company, announced that it signed a memorandum of understanding with China National Petroleum Corp. (CNPC) under which the two companies will collaborate on a range of biofuels technologies and projects in China. Under the terms of the agreement, announced at the 20th meeting of the China-U.S. Joint Commission on Commerce and Trade (JCCT), the companies will collaborate to demonstrate...
OriginOil Announces the Completion of Phase 1 Research Project with Department of Energy’s Idaho National Laboratory
OriginOil, Inc. (OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, today announced the completion of Phase 1 of a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy’s Idaho National Laboratory (INL). OriginOil has been working with INL to develop a process...
Mascoma Expanding Its Leadership Team as Company Accelerates Towards Commercialization
Mascoma Corporation announced several management reconfigurations, as the company moves into its commercial development phase. Mascoma has developed proprietary technology, called Consolidated Bioprocessing (CBP), which enables the production of sustainable, low carbon cellulosic ethanol. This technology has been proven in Mascoma’s Rome, New York demonstration facility and will soon begin deployment...
Earth Biofuels Acquires Ownership in American Petrox, Inc.
Earth Biofuels, Inc. announced it has acquired a 40% ownership stake in American Petrox, Inc., based in Plano, Texas. API is a fuel supply company specializing in the supply of gasoline and diesel fuel to the aviation industry. API has supplied aviation companies such as American Airlines, Delta Airlines, and Continental Airlines with fuel for ground equipment and vehicles at DFW International Airport. API...
Obama Administration Pushes Accelerator for Renewable Fuels
The inauguration of Barack Obama as the new President of the United States yesterday has combined with Canadian efforts to spark a North American explosion in the growth of renewable fuels, says Gordon Quaiattini, President of the Canadian Renewable Fuels Association (CRFA). “When President-elect Obama took the oath of office, a new North American consensus in favour of cleaner and greener renewable...
PetroSun BioFuels Commences Mississippi River Delta Aquaculture Lease Program
PetroSun, Inc. announced that PetroSun BioFuels, Inc., a wholly owned subsidiary, has executed the initial lease in the Mississippi River Delta Aquaculture Lease Program. The 744.69 surface acres of former catfish ponds are located in Humphreys County, Mississippi, near the town of Belzoni. PetroSun BioFuels has authorized the leasing of up to 60,000 surface acres of former commercial fish ponds during...
Verenium Announces First Commercial Cellulosic Ethanol Project
Verenium Corporation, a pioneer in the development of next-generation cellulosic ethanol and high-performance specialty enzymes, announced plans to build its first commercial-scale cellulosic ethanol facility in Highlands County, Florida. The Company has entered into long-term agreements with Lykes Bros. Inc., a multi-generation Florida agri-business to provide the agricultural biomass for conversion...
Verenium Regains Compliance With Nasdaq Continued Listing Requirement
Verenium Corporation, a pioneer in the development of next-generation cellulosic ethanol and high-performance specialty enzymes, announced that it has regained compliance with the continued listing requirements of The NASDAQ Global Market. NASDAQ previously notified Verenium that it had fallen out of compliance with NASDAQ Marketplace Rule 4450(b)(1)(A), requiring listed companies on the NASDAQ Global...
HydroGenetics Completes Acquisition of Buffalo Biodiesel
Emerging green energy holding company HydroGenetics, Inc. announced that it had completed the acquisition of Buffalo Biodiesel, Inc. Headquartered in Northern New York, Buffalo Biodiesel is a leading producer, collector and renderer of yellow grease and its ultimate fuel property, biodiesel. Under the terms of the contract, Buffalo Biodiesel becomes a wholly owned subsidiary of HydroGenetics, Inc.,...
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