Posts Tagged ‘Fred Cannon’

KiOR shutting down production at Columbus plant

COLUMBUS — KiOR has halted production at its Columbus plant in December to make improvements and has no plans to resume production during the first quarter of 2014. The company operates a plant in Columbus and plans to open a larger one in Natchez. The legislature approved $75 million in interest-free loans to Kior in […] [...]

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 […] [...]

ANALYSIS — Mississippi has big money invested in KiOR’s financially challenged project

The eyes of the international renewable-fuels community are fixed on KiOR (NASDAQ:KIOR), a Texas-based company in which Mississippi has a large stake — specifically a $75 million interest-free loan administered by the Mississippi Development Authority. KiOR plans to build five plants in Mississippi that should convert wood chips to renewable crude through a process called […] [...]

Plenty of timber, but no deal yet for KiOR

by Published: February 27,2011

Tags: Donald Grebner, Fred Cannon, KIOR

When Houston, Texas-based KiOR announced late last summer that it planned to build at least biomass-to-crude oil facilities in Mississippi, CEO Fred Cannon said the company was “in final negotiations” with a refinery to purchase and refine the product produced here. A KiOR spokesman said in an email to the Mississippi Business Journal last week […] [...]

Barbour: Biomass deal ‘not too good to be true’

by Published: September 5,2010

Tags: Dr. Mark Bricka, Fred Cannon, Gov. Haley Barbour, KIOR

State education researchers say technology process is possible but has a lot of issues to overcome The concept of biofuel has been around since World War II, when Adolf Hitler ordered his top scientists to explore and develop new ways to power German war machines. The concept of commercializing renewable crude oil, or re-crude, which […] [...]

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