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LanzaTech secures $15M debt financing from Western Technology Investment

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Waste gases-to-fuels and -chemicals technology company LanzaTech has closed on $15 million in debt financing from Western Technology Investment (WTI), a private investment firm based in Silicon Valley. Earlier this year, LanzaTech closed a $55.8-million

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

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Velocys has engaged the global leading project finance bank, Sumitomo Mitsui Banking Corporation (SMBC), as the lender of record and as its financial advisor. The site will be home to a biorefinery that will use Velocys’ technology to produce low-carbon transportation fuels from the wood wastes of lumber operations and tree plantations.

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Global Bioenergies picks up new €1.4M financing for isobutene program; targeting Germany expansion

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France-based Global Bioenergies, the developer of a one-step fermentation processes for the direct and cost-efficient transformation of renewable resources into light olefins, has obtained new €1.4-million million) financing from Bpifrance on the isobutene program. million (US$1.6-million) million interest-free loan over seven years.

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Euro Manganese enters offtake term sheet with battery-maker Verkor

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Located approximately 90 km east of Prague , the Chvaletice Manganese Project entails re-processing a significant manganese deposit contained in waste (tailings) from a decommissioned mine that operated between 1951 and 1975. The Chvaletice resource is the only sizeable, classified resource of manganese in the European Union.

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BMW i Ventures invests in Natural Fiber Welding; plant-based leathers, yarns and foams

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The financing round will enable the company to scale from the batch processing of materials to commercial roll-to-roll production. MIRUM is far less resource-intensive to produce than animal leather and synthetic leather. waste’ cork powder). BMW i Ventures has invested in Natural Fiber Welding , Inc.

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UNEP and partners launch Global Initiative for Resource-Efficient Cities; role of public transport

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The United Nations Environment Programme (UNEP) and partners have launched a new initiative that aims to reduce pollution levels, improve resource efficiency and reduce infrastructure costs in cities across the world. Up to 80% of the world population is expected to reside in cities by 2050.

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GE study finds 5% of worlds natural gas production wasted per year by flaring

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A newly released GE study — Flare Gas Reduction: Recent Global Trends and Policy Considerations —estimates that 5% of the world’s natural gas production is wasted by burning or “flaring” unused gas each year, despite some progress on the flaring issue. Click to enlarge.

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