On June 17, 2015, Secretary of Agriculture Tom Vilsack announced the release of a report to congress that builds on the Why Biobased? report released by the U.S. Department of Agriculture (USDA) in 2014. The new report, An Economic Impact Analysis of the U.S. Biobased Products Industry, shows that in 2013, the U.S. biobased industry added $369 billion dollars and four million jobs to the economy. The biobased products industry is comprised of many significant...
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October 10, 2014
$91 Million Loan Guarantee To Louisiana Biofuel Plant
On October 3, 2014, Agriculture Secretary Vilsack announced that USDA reached an agreement with Silicon Valley Bank to provide a $91 million Biorefinery Assistance Program loan guarantee to Cool Planet for a biofuel plant in Rapides Parish, Louisiana. The money will help finance construction of the Cool Planet advanced biofuel plant. The USDA press release is available online. More information is available here and here. ...
September 5, 2014
Second DOE-Funded Cellulosic Ethanol Biorefinery Opened
On September 3, 2014, POET-DSM's Project LIBERTY in Emmetsburg, Iowa, celebrated its grand opening. This will be the first commercial-scale cellulosic ethanol plant to use corn waste as a feedstock, using biochemical conversion technologies (yeast and enzymes) to convert cellulosic biomass into transportation fuels. Project LIBERTY is the second of two DOE-funded cellulosic ethanol biorefineries to come on line within the past year. More information is available on the DOE Bioenergy...
November 22, 2013
Novozymes Announces Partnership With M&G Chemicals On Renewable Chemical Production In Chin
On November 18, 2013, Novozymes announced that it will "supply enzyme technology to the world's first biomass to glycols bio-refinery to be constructed by M&G Chemicals in China." The biorefinery is expected to begin operations in 2015. A copy of Novozymes' press release is available online....