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Mississippi Approves $75M Loan to Catalytic Pyrolysis Startup KiOR for Biomass to Renewable Oil Plant

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KiOR, developer of a catalytic pyrolysis process to produce renewable oil from biomass, will receive a $75-million state-backed loan from Mississippi to bring the first three of its full-scale production facilities to the state. The first site will be built in Columbus, Mississippi and could open by the end of 2011. Clarion Ledger.

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Sapphire Energy and Phillips 66 parter on co-processing of algae crude oil with conventional crude

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San Diego-based Sapphire Energy, Inc., one of the world leaders in algae-based “Green Crude” oil production, and Phillips 66, an integrated energy manufacturing and logistics company, have entered a strategic joint development agreement aimed at taking production of algae crude oil a significant step toward commercialization.

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USDA announces availability of $181M to support development of advanced biofuels projects

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The Biorefinery Assistance Program was created through the 2008 Farm Bill and is administered by USDA Rural Development. Sapphire Energy’s “Green Crude Farm” in Columbus, N.M., In 2011, USDA provided Sapphire Energy a $54.5-million Other fuel derived from cellulosic biomass. is an example of the use of this program.

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