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Waste-to-biofuels company Enerkem raises C$280M, its largest financing round

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a leading waste-to-biofuels and chemicals producer, has completed a C$280-million (US$223 million) investment round—its largest to date. In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. Sinobioway is a leading Chinese company engaged in the bio-economy.

Waste 199
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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. Pricing is subject to a floor price which ensures the company will meet its project financing debt covenants.

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Maersk parterning with 6 companies to source at least 730,000 tpy of green methanol by end of 2025

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CIMC is a large, industrial conglomerate that has been a partner of Maersk for more than two decades. Its energy division—CIMC ENRIC—is a world-leading manufacturer of key equipment and services provider of engineering and system solutions for the clean energy, chemical and liquid food industries. WasteFuel (US).

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CCM: demand for ternary Li-ion batteries in China to more than double to 10 GWh in 2016 from 4.4GWh in 2015 due to subsidy fraud and response

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In the wake of the news that five alternative energy vehicle (AEV) makers defrauded the Chinese government of about US$150 million in subsidies, the Chinese government adjusted its subsidy policies for alternative energy vehicles. Subsidy fraud from five Chinese AEV makers in China. Subsidies totaled RMB33.44 million (RMB1.0

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Lux Research provides snapshot of oil majors’ investments in alternative fuels; BP leads investment frequency

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Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. However, it is also interested in cellulosic ethanol with its funding of Qteros, Mascoma Corporation, and Enerkem.

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LanzaTech in Coal to Ethanol Project in China; New Bio Energy Research Center

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MEK, Butadiene) from industrial waste gases, has signed a memorandum of understanding with one of the largest coal producers in China, Henan Coal and Chemical Industrial Corporation, to build a demonstration plant to produce ethanol and chemicals via LanzaTech’s fermentation process using syngas resulting from the gasification of coal. .:

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LanzaTech Pulls in $18M in Series B Funding; Qiming Ventures Leads

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New Zealand-based waste gas and syngas to fuels company LanzaTech ( earlier post ) has attracted US$18 million in Series B financing from investors led by China-focused venture capital firm Qiming Ventures. LanzaTech uses proprietary bacteria to convert industrial waste gases into fuels and chemicals. Gary Reischel.