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UPS announces renewable diesel agreements with Neste, REG and Solazyme; up to 46M gallons over next 3 years

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Bio-based feedstocks from fats, plant oils and waste residues are converted to renewable diesel using advanced refining technologies. Neste produces NEXBTL renewable diesel from a variety of feedstocks including more than half from waste and residues. In 2014, we achieved a 14.1%

Renewable 150
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Renewable fuels and biochar company Cool Planet closes on $100M Series D financing

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The company’s process also produces a biochar-based product called CoolTerra that has the capability of making the fuel “carbon negative,” reversing the consequences of CO 2 build-up from fossil fuels, the company says. This excess carbon is highly porous and has beneficial water and nutrient retaining capabilities.

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USDA provides $91M loan guarantee to Cool Planet for biogasoline blendstock plant; biomass pyrolysis and catalytic conversion

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USDA has reached an agreement with Silicon Valley Bank to provide a $91-million Biorefinery Assistance Program loan guarantee to Cool Planet to help the company finish construction on an advanced biofuel plant at the Port of Alexandria in Louisiana. Earlier post.). Cool Planet will be contributing $50 million in equity to the project.

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LA-based SMLC to lead new DOE Smart Manufacturing Innovation Institute; ~$800M for 5 new hub competitions

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Process intensification breakthroughs can dramatically shrink the footprint of equipment needed on a crowded factory floor or eliminate waste by using the raw input materials more efficiently. Lawrence Livermore National Laboratory; Louisiana State U.; LanzaTech; Materia; SEVA; TowerJazz; Small: Able Industrial Products Inc.;