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Velocys receives FONSI from USDA for planned Mississippi biorefinery; wood waste to drop-in fuels

Green Car Congress

Velocys plc announced that the US Department of Agriculture (USDA) has issued a Finding of No Significant Impact (FONSI) on the environmental assessment report for Velocys’ planned Bayou Fuels biorefinery in Natchez, Mississippi. Velocys technology is in use at ENVIA, the world’s first commercial smaller scale gas-to-liquids plant.

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Enerkem raises C$59M in latest financing round; Valero Energy joins, Waste Management increases investment

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Waste to biofuels and chemicals company Enerkem announced the closing of C$59 million (US$60 million) in financing. As part of this financing, Valero Energy Corp. Valero has investments in 10 ethanol plants throughout the Midwest; Valero and Enerkem have also agreed to jointly consider commercial opportunities.

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Velocys, Southwest Airlines in 15-year off-take agreement for 219M gallons of negative-carbon-intensity SAF; 575M gallons of net-zero blend

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Velocys plc announced that its wholly owned subsidiary, Velocys Renewables LLC, has entered into its first offtake agreement for the sustainable aviation fuel (SAF) to be produced at the planned Bayou Fuels biorefinery project in Mississippi with Southwest Airlines. million tonnes of avoided CO 2 over the term of the contract.

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Elevance acquires first North American biorefinery

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which is commercializing olefin metathesis technology ( earlier post ), has acquired the Delta BioFuels facility in Adams County, Mississippi. The Mississippi Development Authority worked with company and local officials to help facilitate the project. Elevance Renewable Sciences Inc.,

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Cellulosic fuels company KiOR reveals “substantial doubts” about its viability; funding needed by 1 April

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Other than that commitment, however, Kior said it has no other near-term sources of financing. in two weeks—it will not have adequate liquidity to fund operations and meet obligations (including debt payment obligations), and would not expect other sources of financing to be available. million.

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BlueFire Renewables Signs 15-Year Feedstock Supply Contract for Cellulosic Ethanol Facility

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Coupled with our recently-announced off-take agreement with Tenaska BioFuels, LLC, the key input and output contracts required for financing are now resolved. Cooper Marine Timberlands (CMT), with several chip mills in operation in Mississippi and Alabama, is a member company of Cooper/T.

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KiOR seeks to double cellulosic fuels production at Columbus plant; $50M in from Khosla for Columbus II

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is pursuing plans to double production capacity at its Columbus, Mississippi, facility through construction of a second facility incorporating KiOR’s commercially proven technology. Cellulosic gasoline and diesel company KiOR, Inc. Khosla Ventures incubated KiOR in 2007 and is the lead investor. Earlier post.). —Fred Cannon.

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