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Siluria Technologies raises $30M in Series C to commercialize its OCM process for converting natural gas into commodity chemicals and transportation fuels

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Siluria Technologies, a startup developing novel catalysts for the oxidative coupling of methane (OCM) reaction to produce ethylene (C 2 H 4 ) directly from methane (CH 4 ) with high performance at low temperatures ( earlier post ), has closed its Series C financing, raising $30 million. Earlier post.). To date, Siluria has raised $63.3

Convert 225
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Mascoma and Valero establish JV for commercial-scale hardwood cellulosic ethanol facility; Valero providing majority of financing

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Longyear LLC, signed a non-binding letter of intent to support the construction of a commercial-scale wood-based cellulosic ethanol biorefinery in Kinross; at the time, construction was projected to begin this year. In January, Valero invested in Mascoma ( earlier post ).

Financing 210
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Valero providing construction financing for Valero-Diamond renewable diesel JV

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A subsidiary of Valero Energy Corporation will provide financing to Diamond Green Diesel LLC, a previously announced joint venture project between Darling International and Valero Energy Corporation ( earlier post ), for the construction of its renewable diesel facility in Norco, Louisiana. Charles refinery near Norco, Louisiana.

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CSIRO licenses technology to Amfora for production of oil in leaves and stems of plants; participates in Series A

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US-based biotech startup Amfora and CSIRO (Commonwealth Scientific and Industrial Research Organisation, the federal government agency for scientific research in Australia) signed an agreement to advance development and commercialization of technology to produce oil in the leaves and stems of plants as well as the seeds. Source: CSIRO.

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SITA UK and Cynar to build UKs first commercial plants to convert waste plastic to diesel

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SITA UK, one of the country’s leading recycling and resource management companies and a subsidiary of Suez Environment, has signed an exclusive agreement with Cynar Plc to build Britain’s first fully operational plants to convert end of life plastic into diesel fuel. Cynar system. Pyrolysis then commences and the plastic becomes a vapor.

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Empa and partners exploring DME as fuel with new heavy-duty test engine

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The scientists intend to provide sound data on the combustion process, efficiency and environmental impact of DME in the commercial vehicle sector. The engine block is derived from a Cursor 11 commercial vehicle engine manufactured by FPT Industrial and has already served us for five years in various research projects. Image: Empa.

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Algenol closes on additional $25M internal equity financing

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Founded in 2006, Algenol converts CO 2 from industrial emitters into transportation fuels through its Direct-To-Ethanol process. It is then isolated and purified, while the algal biomass is processed to extract and produce a bio-oil co-product. This new investment follows a previous investment of $40 million from BioFields in 2014.

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