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

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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. No opposing or negative comments were filed as part of the USDA’s public consultation process.

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Biomass to sugars and lignin company announces new name, new CEO, $30M in funding and a $75M deal with Mississippi to build plants in state

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Virdia, formerly HCL CleanTech, a developer of cellulosic sugars, announced a number of major company milestones, including a new brand and CEO, its latest funding round, and a $75-million deal with the Mississippi Development Authority to build manufacturing plants in the state. Earlier post.) Earlier post.)

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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 company intends to convert the facility to a biorefinery and derivatives operation in a multi-phase project that will involve an investment of more than $225 million.

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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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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. KiOR has developed a proprietary catalytic pyrolysis process to convert non-food biomass into drop-in fuels. Earlier post.). —Vinod Khosla.

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Waste Management Makes Strategic Investment in Waste-to-Fuels Company Enerkem

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Waste Management has made a strategic investment in Enerkem, a developer of a thermochemical (gasification and catalytic synthesis) process to produce synthetic fuels and chemicals from biomass and waste, as part of Enerkem’s new financing round. The closing of this new round of financing, which generated C$53.8 Earlier post.).

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KiOR expects to produce 920K gallons of cellulosic biofuels by year end; short-term focus on economics

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expects that, given current and anticipated operations through the remainder of the year, its Columbus, Mississippi facility will produce approximately 410,000 gallons of renewable fuel during the fourth quarter of 2013, bringing full year production total from the facility to approximately 920,000 gallons. Earlier post.)

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