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 continued [...] [...]
by MBJ Staff Published: October 7,2011
Tags: alternative fuels, biofuels, defense, education, energy, GREEN ENERGY, higher education, military, ships, sustainable energy
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 too many [...] [...]
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 stock-based [...] [...]
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 conspired to [...] [...]
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 sustainability [...] [...]
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 KiOR’s first [...] [...]
NATCHEZ — Elevance Renewable Sciences Inc., a creator of high-performance renewable specialty chemicals for use in personal care products, detergents, plastics and lubricants, announced the company has acquired the Delta BioFuels facility in Adams County.
See complete story here …
[...]
by MBJ Staff Published: June 1,2011
Tags: biofuels, Braemar Energy Ventures, Canada, Cycle Capital, Enerkem Inc., Ethanol, Memorandum of Understanding, methanol, Mississippi, Mississippi Development Authority, old telephone poles, pilot facility, Pontotoc, Quebec, Rho Ventures, syngas, Three Rivers Landfill, treated wood, U.S. Department of Energy, USDA, Vincent Chornet, waste management, work force training
From staff reports
CHICAGO — Enerkem Inc., a leading waste-to-biofuels and chemicals company based in Canada, announced today an additional $60 million in financing for its Pontotoc, Mississippi plant, on which the company expects to break ground later this year.
The plant will be located within the Three Rivers Landfill and convert trash to methanol [...] [...]
COLUMBUS — Gov. Haley Barbour joined executives from KiOR and state and local officials today for a groundbreaking ceremony at the site of KiOR’s first commercial biofuel production facility in Columbus.
The company announced in August 2010 it would locate five biofuel production facilities throughout Mississippi, a company investment of $500 million that will create at [...] [...]
COLUMBUS — KiOR Inc., a renewable fuels company, and Catchlight Energy, LLC (CLE), a 50-50 joint venture between subsidiaries of Chevron Corporation and Weyerhaeuser Company focused on providing liquid transportation fuels from sustainable forest-based resources, announced they have signed a conditional offtake agreement for CLE to purchase gasoline and diesel fuel blendstocks from KiOR’s first [...] [...]
Loading ...