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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.

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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. Enerkem’s financing round, for which Credit Suisse acted as agent, will support the company’s large roll-out of current and future planned projects.

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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.)

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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.

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DOE pulls grant funding from BlueFire Renewables cellulosic biofuels plant

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BlueFire also asserted that if it failed in reversing the DOE decision, it would devise a new strategy with respect to financing the Fulton Project. BlueFire Renewables, Inc., Earlier post.). BlueFire said it would exhaust all options available to it in order to reverse the DOE’s decision.

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EmberClear completes technical feasibility study for a natural gas to liquids project in Natchez, MS

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has completed the technical feasibility study for a natural gas to liquids project in Natchez, Mississippi. EmberClear has access to an 800-acre site along the Mississippi River. The company has completed all major milestones related to Good Spring NGCC 1 and is currently evaluating proposals for construction financing.

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