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Solazyme and Bunge form joint venture for commercial-scale renewable oil production facility in Brazil

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Solazyme produces tailored oils using heterotrophic algae grown in industrial fermenters. Algae-based renewable oil company Solazyme, Inc. Algae-based renewable oil company Solazyme, Inc. will have an expected annual production capacity of 100,000 metric tons of oil. Source: Solazyme. Click to enlarge. Earlier post.).

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Dynamotive and IFP in exclusive negotiations for commercial development of pyrolysis oil upgrading to fuels

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and IFP Energies nouvelles (IFPEN) have initiated exclusive negotiations for the commercial development of the company’s proprietary pyrolysis oil upgrading process to produce second-generation biofuels. Dynamotive Energy Systems Corp. Earlier post.). Earlier post.). The process is patent pending. Earlier post.).

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Dynamotive and IFP Energies Nouvelles extend MOU for upgrading bio-oils to mobile fuels

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Dynamotive Energy Systems Corporation and IFP Energies Nouvelles (IFPEN) have extended their Memorandum of Understanding to cooperate in the field of pyrolysis oil upgrading with the aim to produce second generation biofuels, announced in June 2010 ( earlier post ) to July 2011.

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Dynamotive and Genting BioOil extend MOU

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Canada-based Dynamotive and Genting Bio-Oil Sdn Bhd (GBO) of Malaysia have extended their August 2011 memorandum of understanding (MOU) through December 2012. In August 2011, the MOU was developed to explore the cooperation for the development of pyrolysis oil market in the South East Asia Region for a period of six months.

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Osum Oil Sands closes $500M private placement; new investors include government of Singapore

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Canada-based Osum Oil Sands Corp. has entered into definitive agreements with a group of investors to issue, on a private placement basis, $500 million in equity securities. billion barrels (net) of Best Estimate Contingent Resources through both acquisitions and additional geological and reservoir work in 2011.

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EPA announces 2011 Presidential Green Chemistry Challenge Awards; green chemistry market opportunity projected to be $98.5B by 2020, about 2% of total market

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billion in 2011 to $98.5 The 2011 award winners are: Greener synthetic pathways: Genomatica, San Diego, Calif. Genomatica is developing and commercializing sustainable basic and intermediate chemicals made from renewable feedstocks including readily available sugars, biomass, and syngas. billion by 2020. per million Btu.

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United purchasing 15M gallons of renewable jet fuel from AltAir Fuel; Honeywell’s UOP Green Jet

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United Airlines executed a definitive purchase agreement with AltAir Fuels ( earlier post ) for cost-competitive, sustainable, bio-synthetic paraffinic kerosene at commercial scale. AltAir has partnered with an existing oil refiner for the operation of its first commercial facility. —AltAir CEO Tom Todaro.

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