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Cellulosic fuels company KiOR reveals “substantial doubts” about its viability; funding needed by 1 April

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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. —KiOR 10-K.

Columbus 225
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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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Cellulosic gasoline and diesel company KiOR, Inc. is pursuing plans to double production capacity at its Columbus, Mississippi, facility through construction of a second facility incorporating KiOR’s commercially proven technology. Khosla Ventures incubated KiOR in 2007 and is the lead investor. Earlier post.). —Fred Cannon.

Columbus 210
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KiOR expects to produce 920K gallons of cellulosic biofuels by year end; short-term focus on economics

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Cellulosic gasoline and diesel company KiOR, Inc. Earlier post.) 'Cellulosic gasoline and diesel company KiOR, Inc. The ratio between gasoline, diesel and fuel oil expected to be produced during the year is approximately 35% gasoline, 40% diesel, and 25% fuel oil. Earlier post.) Earlier post.)

Columbus 210
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KiOR halts cellulosic fuels production at Columbus in Q1 to optimize production; need for R&D to boost yield and cut costs

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KiOR is a significant factor in the US Environmental Protection Agency’s (EPA’s) calculation of cellulosic fuel volumes for the Renewable Fuel Standard (RFS) program. With the final 2013 overall volumes and standards requiring 16.55 For the 2014 percentage standards, EPA proposed reducing the overall target to 15.21

Columbus 257
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ENVIA suspends operations at Oklahoma City GTL plant

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The ENVIA plant uses Velocys Fischer-Tropsch technology to produce premium wax, diesel and naphtha. Following consideration of the facts, financial projections and available financing, the ENVIA Board decided to suspend operations at the facility. Sold more than 10,000 barrels of products to commercial offtakers.