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Lux: VCs invest $5.8B in bio-based chemicals, as focus shifts to disruptive synthetic biology

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While from 2010 to 2015, the investment focus was on drop-in replacements for established chemicals, in 2016 VCs’ focus has shifted to disruptive synthetic biology (synbio) and conversion technologies, according to Lux Research. Low oil hits drop-ins, substitutes. Among their findings: Synbio poised to grow bigger.

2016 150
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Global Bioenergies reports first production of green isobutene at demo plant

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Global Bioenergies is now entering the final phase of demonstrating its technology for converting renewable carbon into hydrocarbons. The demo plant will be ramped up in the first half of 2017, with the goal of reaching performances close to commercial levels by the end of the year. Earlier post.).

Global 150
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GE Aviation testing 100% Gevo Alcohol-to-Jet fuel

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GE Aviation has begun jet engine combustor component testing with 100% Gevo renewable alcohol-to-jet fuel (ATJ). These new catalytic conversion strategies are focused on making ATJ blends that include additional hydrocarbon products—such as aromatic content—to allow for greater blending volumes of the AJF product.

Fuel 170
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VTT study concludes gasification-based pathways can deliver low-carbon fuels from biomass for about 1.90-2.65 US$/gallon

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The horizontal red lines show the comparable price of gasoline (before tax, refining margin 0.3 $/gal, exchange rate: 1 € = 1.326 $) with crude oil prices 100 $/bbl and 150 $/bbl. Converted into gasoline-equivalent price per liter, the estimated production cost would be 0.5–0.7 Source: VTT. 0.7 €/liter (app. 0.7 €/liter.

Carbon 218
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Genencor and Goodyear Partnering on Process to Develop BioIsoprene from Sugars; To be Used in Manufacture of Tires

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and Genencor, a division of Danisco A/S, have established a research collaboration to develop an integrated fermentation, recovery and purification system for producing BioIsoprene from renewable raw materials for use in tires. Genencor intends to commercialize the technology within the next five years.

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National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

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In the absence of major technological innovations or policy changes, the United States is unlikely to meet cellulosic biofuel mandates under the current Renewable Fuel Standard (RFS2) by 2022, according to a new report from the National Research Council.

Renewable 252
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BP and Martek Biosciences Enter a Joint Development Agreement to Deliver Advanced Microbial Biofuels

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BP and Martek Biosciences Corporation signed a Joint Development Agreement (JDA) to work on the production of microbial oils for biofuels applications. Reduced exposure to vegetable oil price. Additionally, each party is entitled to certain commercial payments from technology commercialized in the other party’s field.

Oil 191