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is pursuing plans to double production capacity at its Columbus, Mississippi, facility through construction of a second facility incorporating KiOR’s commercially proven technology. Cellulosic gasoline and diesel company KiOR, Inc. Khosla Ventures incubated KiOR in 2007 and is the lead investor. Earlier post.).
In December 2013, Cannon had said that KiOR would operate the Columbus plant “ on a limited campaign basis only ” to verify the impact of improvements. In December 2013, Cannon had said that KiOR would operate the Columbus plant “ on a limited campaign basis only ” to verify the impact of improvements. Earlier post.) Earlier post.)
KiORs cellulosic gasoline and diesel are drop-in hydrocarbon fuels; its biomass-to-cellulosic fuel technology platform combines a proprietary catalyst systems with catalytic cracking processes that are used in crude oil refineries to produce gasoline. In April 2012, it mechanically completed its Columbus, Mississippi facility.
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. —KiOR 10-K.
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.)
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