Abengoa, who recently closed a USDA loan guarantee for $132 million to support its commercial-scale cellulosic ethanol plant in Kansas, now has First Reserve Corporation as a strategic shareholder, a press release said. The total investment: $365 million*, or 17,142,858 new Abengoa’s Class B … Continue reading
President and CEO of Dow Advanced Materials Jerome Peribere told French newspaper La Tribune that Dow Chemical has reduced its debt by $4 billion this year, and plans to make acquisitions in Latin America and Asia (Reuters). For the last … Continue reading
Green Motoring Partnering News: more than bio-fuels, it’s also renewable motor oil, tires, and components, and a couple more big news items from around the BioConomy. Novvi S.A. + Albemarle → renewable motor oils, Ford + BASF → renewable air intakes, Dow … Continue reading
A stream of high-profile IPO’s (Solazyme, KiOR, Ceres, REG, Myriant, Amyris, and Gevo) are making 2011 a pretty exciting year for the bio-based economy. Big numbers like the $155 million Chesapeake invested in Sundrop Fuels are nothing to sneeze at, either. … Continue reading
Define Big: Dow and Mitsui Enter into a Joint Venture to Produce Bio-plastics Chemicals Giant Dow Chemical and Everything Else Collossus Mitsui announce the formation of a joint venture to produce bioplastics for medical supplies, hygiene products, and packaging. According to the press release, … Continue reading