September 20, 2010

Weekly News Roundup

Very tight deadline today and I'll start blogging about the Biobased Chemicals East conference on Tuesday after I finish my "bio-adipic acid" article for ICIS Chemical Business based from Verdezyne and Rennovia's presentations at that event.

I am now including the topic Green Chemicals to my weekly rotation of inorganics/biofuels/oleochemicals for ICB, so that will be exciting (ad alert! haha!).

For now, here are this week's news roundup, which seems to be revolving more around biofuels:

Jatropha financing
Bioenergy crop company SG Biofuels completed a $9.4m Series A financing from Flint Hills Resources, a privately held company based in Kansas, Life Technologies Corporation, a biotechnology tools company based in Carlsbad, Calif., and participation from existing investors. The financing will support the company's efforts to advance Jatropha as a high-yielding, low cost feedstock for diesel, jet fuel and petrochemicals.

Biodiesel investment in Canada
The Canadian government has granted through its ecoENERGY for Biofuels program up to $18.79m to million Biocardel Quebec Inc. for its biodiesel project. The company, located in Richmond, Quebec, will produce about 40 million litres of biodiesel a year using vegetable/cooking oil or animal fat.

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