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Biomass to sugars and lignin company announces new name, new CEO, $30M in funding and a $75M deal with Mississippi to build plants in state

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Virdia, formerly HCL CleanTech, a developer of cellulosic sugars, announced a number of major company milestones, including a new brand and CEO, its latest funding round, and a $75-million deal with the Mississippi Development Authority to build manufacturing plants in the state. Earlier post.) Earlier post.)

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KiOR seeks to double cellulosic fuels production at Columbus plant; $50M in from Khosla for Columbus II

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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. KiOR has developed a proprietary catalytic pyrolysis process to convert non-food biomass into drop-in fuels. Earlier post.). —Vinod Khosla.

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Waste Management Makes Strategic Investment in Waste-to-Fuels Company Enerkem

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Waste Management has made a strategic investment in Enerkem, a developer of a thermochemical (gasification and catalytic synthesis) process to produce synthetic fuels and chemicals from biomass and waste, as part of Enerkem’s new financing round. The closing of this new round of financing, which generated C$53.8 Earlier post.).

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SCOPE Biofuels Project Releases Assessment on Environmental Effects of Biofuel Technologies

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In general, biofuels made from organic waste are environmentally more benign than those from energy crops. Using biomass primarily for material purposes, reusing and recycling it, and then recovering its energy content can gain multiple dividends. Lifecycle analysis.