Mississippi Business Journal » KIOR

KiOR starts production at Mississippi biorefinery

Associated Press — Thu, 08 Nov 2012 19:52:29 +0000

JACKSON — Alternative fuel firm KiOR says it started production in October in Mississippi and plans to make its first commercial shipment before November’s end. Based in Pasadena, Texas, KiOR built a $222 million refinery in Columbus, Miss., to extract the equivalent of light crude oil from wood chips. It refines the oil into gasoline [...]

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KiOR rises on manufacturing plant update

Associated Press — Tue, 14 Aug 2012 15:46:35 +0000

PASADENA — Shares of KiOR Inc. advanced Tuesday after the renewable fuels company said its manufacturing facility in Columbus, Miss., will start operations in September. KiOR is developing a platform to convert non-food biomass into oil. It said the Columbus facility will begin providing gas and diesel in the fourth quarter. It also said the [...]

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

Amy McCullough — Fri, 03 Feb 2012 06:01:02 +0000

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 [...]

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MBJ Editorial: Mississippi Delta worse off after eight years of Gov. Barbour

Ross Reily — Tue, 13 Sep 2011 13:38:17 +0000

The Mississippi Delta continues to flounder as unemployment figures average around 18 percent for the 12 counties between Vicksburg and Memphis. Yet, there have been many jobs announcements in the years of the Barbour administration, but very few have had anything to do with the Mississippi Delta. In this latest barrage of economic development announcements, [...]

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Decimated logging industry clings to hope of housing rebound

Clay Chandler — Sun, 29 May 2011 08:00:40 +0000

Since the mid-1990s, Mississippi’s logging industry has been sawed to a fraction of what it was. Perhaps no better illustration of that comes in the latest employment figures for the industry included in a report by the Mississippi Institute for Forest Inventory. In 1996, the industry employed 125,000 people, according to the report. By 2008, [...]

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Plenty of timber, but no deal yet for KiOR

Clay Chandler — Sun, 27 Feb 2011 06:00:59 +0000

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 [...]

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Good idea or not?

Amy McCullough — Sun, 23 Jan 2011 06:00:27 +0000

See related Feb. 4 Business Blog post, ‘Haley Barbour and Khosla Ventures’ and Feb. 11 post, ‘WSJ: Learned from Khosla-backed energy startups that tanked.’ State leaders agree that affordable and reliable energy is essential for Mississippi’s future economic growth. Gov. Haley Barbour has said his energy policy is “more of it” and has aggressively promoted [...]

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Honorable Mention: Bio-fuels became household word in Mississippi

Wally Northway — Sun, 19 Dec 2010 06:00:56 +0000

BlueFire reached deal to build in Fulton Biomass-rich Mississippi landed two major projects this year. In September, BlueFire Renewables, looking to build an ethanol plant in Fulton, reached two milestone agreements (MBJ Online, Sept. 21, “BlueFire signs ethanol agreement with TBF;” and, MBJ Online, Sept. 27, “BlueFire signs feedstock contract with Alabama company”). The following [...]

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Harper On Energy

Stephen McDill — Sat, 23 Oct 2010 19:40:23 +0000

U.S. Rep. Gregg Harper speaks to the 2010 annual business meeting of the U.S. Oil & Gas Association at the King Edward Hotel in Jackson.

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

Clay Chandler — Sun, 05 Sep 2010 06:00:07 +0000

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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