Remove Convert Remove Financing Remove Mississippi Remove Standards
article thumbnail

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

Green Car Congress

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.

Columbus 225
article thumbnail

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

Green Car Congress

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.). —Fred Cannon.

Columbus 210
article thumbnail

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

Green Car Congress

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.) Earlier post.)

Columbus 210
article thumbnail

KiOR halts cellulosic fuels production at Columbus in Q1 to optimize production; need for R&D to boost yield and cut costs

Green Car Congress

KiOR is a significant factor in the US Environmental Protection Agency’s (EPA’s) calculation of cellulosic fuel volumes for the Renewable Fuel Standard (RFS) program. With the final 2013 overall volumes and standards requiring 16.55 For the 2014 percentage standards, EPA proposed reducing the overall target to 15.21

Columbus 257
article thumbnail

SCOPE Biofuels Project Releases Assessment on Environmental Effects of Biofuel Technologies

Green Car Congress

Increasing evidence suggests that biomass can be used much more efficiently (and therefore with less environmental impact) through direct combustion to generate electricity and heat, rather than being converted to liquid fuels such as ethanol. Heterogeneity observed in terms of treatment of co-products and allocation methods followed.