Posts Tagged ‘biofuels’

County wants loan to build levee for KiOR plant

NATCHEZ — Adams County is applying for a $3 million state loan to help pay for a levee to be built on the site of the former Belwood Country Club. The levee is part of the county’s commitment to an economic recruiting package to bring alternative fuels company KiOR to Adams County. The Belwood property […] [...]

County to spend $5.1 million for levee at KiOR site

ADAMS COUNTY — Adams County will spend $5.1 million to put up a levee at the industrial site where a biofuels company intends to locate. Biofuels company KiOR said Monday it would locate its second Mississippi production facility in Natchez, a move that will create 300 jobs. The facility will be built on a 120-acre […] [...]

KiOR chooses Natchez, not Newton, as site for second plant

by Associated Press Published: March 27,2012

Tags: biofuels, energy, facility, fuels, manufacturer, manufacturing, plant, REFINERY, renewable energy, Site Selection

NATCHEZ — Biofuels company KiOR says it will locate its second Mississippi production facility in Natchez, a move that will create 300 jobs. The Natchez Democrat reports the facility will be built on a 120-acre tract of land comprised of the former Belwood Country Club. The company had originally announced the facility would be located […] [...]

Virdia secures an MDA loan commitment, begins its search for biofuels site

by Ted Carter Published: March 25,2012

Tags: biofuels, HCL Clean Tech, Mississippi Development Authority, Virdia

With the promise of a $75 million loan from the Mississippi Development Authority in hand, Redwood City, Calif.-based Virdia is ready to begin scouting for a site to convert the state’s soft pine into sugars for biofuel makers. Virdia wants a location near an ample supply of pine and must produce at least 150,000 tons […] [...]

KiOR closes on $75M loan to support first biofuels plant

by MBJ Staff Published: January 29,2012

Tags: biofuels, capital, energy, fuels, investing, investment, investors, loans, plant, REFINERY

COLUMBUS — KiOR Inc., a next-generation renewable fuels company based in Pasadena, Texas, has closed a $75 million, four-year term loan with a lender group comprised of an affiliate of Vinod Khosla and two Canadian corporations owned by certain pension fund clients of Alberta Investment Management Corporation (AIMCo). “This follow-on investment in KiOR reaffirms the […] [...]

Mabus: Biofuel research crucial to U.S. Navy

STARKVILLE — Mississippi State University biofuel research can help the Navy achieve national security goals by providing domestic energy from non-fossil fuels, according to Secretary of the Navy and former Mississippi governor Ray Mabus. Mabus addressed the university’s annual biofuels conference to discuss his vision for biofuels assisting with strengthening national security. “We simply buy […] [...]

KiOR reports loss, but plant still on schedule

by MBJ Staff Published: August 14,2011

Tags: biofuels, energy, manufacturing, REFINERY, sustainable energy

KiOR Inc., for the second quarter of 2011, reported a net loss of $21.0 million, or $0.43 per share, compared to $19.4 million, or $0.27 per share, for the second quarter of 2010. KiOR’s second quarter 2011 loss includes $5.5 million of non-cash mark-to-market expense relating to KiOR’s warrant liabilities and $2.6 million of non-cash […] [...]

Appeals panel upholds Tacker’s biofuel scam conviction

by Associated Press Published: July 29,2011

Tags: biofuels, conviction, courts, energy, environment, fraud, scam, sustainable energy

NETTLETON — A federal appeals panel upheld the conviction of a Mississippi businessman for his role in defrauding a biofuels subsidy program. A three judge panel of the 5th U.S. Circuit Court of Appeals in New Orleans issued the ruling yesterday. William T. “Tommy” Tacker II was convicted in 2010 on 10 counts that he […] [...]

Elevance collaborating with French company

by For the MBJ Published: June 21,2011

Tags: biofuels, biorefinery, energy, manufacturing

ADAMS COUNTY — Elevance Renewable Sciences Inc. and Paris-based Hutchinson Worldwide are collaborating to validate the use of Elevance’s renewable products for use as processing aids in Hutchinson’s rubber compounds. “With more than 21 million tons of rubber consumed globally, there is a growing need to replace petroleum-based processing oils in rubber to achieve both […] [...]

KiOR signs another agreement with Catchlight

by For the MBJ Published: June 9,2011

Tags: biofuels, energy, feedstock, forestry, forests, manufacturing, renewable energy, trees

COLUMBUS — KiOR Inc., a renewable fuels company, and Catchlight Energy, LLC, a 50-50 joint venture between subsidiaries of Chevron Corporation and Weyerhaeuser Company focused on providing liquid transportation fuels from sustainable forest-based resources, have signed a feedstock supply agreement. Terms were not disclosed. Under the agreement, Catchlight Energy will supply forestry-based feedstocks required by […] [...]

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