Posts Tagged ‘biofuel’

KiOR secures funding to increase biofuels production

COLUMBUS — A Texas-based company has secured funding to proceed with plans to double the production capacity at its biofuels production facility in Columbus. KiOR Inc., based in Pasadena, announced yesterday in a news release it has received $100 million in committed equity financing from Khosla Ventures, an investment company based in California, and Microsoft […] [...]

KiOR unveils Columbus II that will double production

COLUMBUS — Texas-based KiOR Inc. has announced that it will double the production capacity at its biofuels production facility in Columbus. KiOR said in a news release yesterday from its Pasadena, Texas, headquarters that it will build a second cellulosic fuels facility in Columbus. KiOR estimates the project — called Columbus II — will cost […] [...]

County closes on purchase of property from Rentech

NATCHEZ — Adams County’s taxpayers now own property that went from being a robust industrial site to a big economic letdown. County officials signed the paperwork Thursday to close the real estate deal transferring the title of the 478-acre former International Paper mill property from Rentech to Adams County for $9.25 million. The county entered […] [...]

County takes out USDA loan to buy lans for wood pellet plant

LUCEDALE — George County supervisors have signed off on $1.3 million in U.S. Department of Agriculture loans to pay for land where a new wood pellet plant will go. The Mississippi Press reports that the USDA rural development loans will be used to purchase the property that will expand the George County Industrial Park. Green […] [...]

Leaders looking for new business at ex-Rentech site to avoid tax hit

NATCHEZ — Economic development leaders in Adams County hope an anticipated loss of $135,000 in property taxes from the former Rentech site will be offset by attracting new industry. The Natchez Democrat reports the county’s acquisition of the property is expected to close Aug. 12. Adams County is borrowing $9 million to buy the former […] [...]

Company, using MSU technology, plan biocrude production facility

Mississippi State University has granted a commercialization license to a Jackson-based company for a technology developed and owned by the university. The technology extracts oil from microorganisms. Bio Energy Spectrum Solutions, LLC, received the exclusive right to commercialize MSU’s patented technology involving extracting biocrude from oleaginous microorganisms, which are found in wastewater treatment facilities. The […] [...]

KiOR plant achieves three production milestones

COLUMBUS — KiOR Inc. reports that its commercial scale cellulosic gasoline and diesel production facility in Columbus has achieved several key operational milestones. The facility’s Biomass Fluid Catalytic Cracking, or BFCC, unit has completed its first uninterrupted 30-day run. Also, the facility made its first shipment of cellulosic gasoline on June 28, which represented the […] [...]

Senator: Is federal bioenergy program undercutting foresters?

WASHINGTON — U.S. Sen. Thad Cochran (R-Miss.) is questioning whether a U.S. Department of Agriculture bio-based marketing program amounts to a bias against traditional forest products and whether such policies are fair. Cochran broached the topic at a Senate Agriculture Appropriations Subcommittee hearing to review the FY2014 budget request for the USDA. The USDA BioPreferred […] [...]

Biotech group sends letter to Cochran urging mandatory funding

AROUND MISSISSIPPI — A group of Mississippi biotechnology companies and state associations have written Sen. Thad Cochran (R-Miss.), urging him to support mandatory funding for renewable energy programs in a new Farm Bill. Elevance Renewable Sciences of Natchez and DuPont Corporation, which has operations in Pass Christian and Pascagoula, sent the letter along with supporters […] [...]

KiOR makes first shipment, reports loss

COLUMBUS — Texas-based KiOR Inc. has reached a milestone with the first shipments of cellulostic diesel from its biofuels production facility in Lowndes County. KiOR president and CEO Fred Cannon says in a statement that the company will focus on achieving “steady state operations” in Columbus. He says KiOR expects to produce between 3 million […] [...]

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