April 6, 2011

Weekly News Roundup

Thank you for making my @ICISgreenblog twitter achieved past the 1000 mark!! I hope to be more active (in twitter and blog) as soon as school is out. 

For now, here are this week's news roundup:

Cargill buys ethanol plant from Tate & Lyle
Cargill has purchased Tate & Lyle's corn wet mill ethanol plant in Fort Dodge, Iowa, which has the ability to grind 150,000 bushels/day of corn and has the capacity to produce 115m gal/year of ethanol. Cargill said the facility will fit into their bio-product portfolio and plans to replicate their biorefinery success in Blair, Nebraska and Eddyville, Iowa.

Solix secures funding, changes name
Solix Biofuels has secured in excess of $16m for its first part of Series B financing round from investors such as Bohemian Ventures, The Southern Ute Alternative Energy Fund and I2BF Global Ventures. The new funding will drive the commercialization of Solix's industrial algae growth system, the AGS™. Solix also changed its name to Solix BioSystems.

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