On May 21, 2014, Renewable Energy Group, Inc. (REG), a leading U.S. biodiesel producer, and Tyson Foods, Inc. (Tyson) announced that they have agreed to REG's acquisition of Tyson's 50 percent ownership position in Dynamic Fuels, LLC (Dynamic Fuels). Contingent upon the closing of REG's December 2013 announced agreement to acquire substantially all of the assets of Syntroleum Corporation (Syntroleum), the acquisition announced on May 21, 2014, would give REG full ownership of Dynamic Fuels and its 75 million gallon per year nameplate capacity renewable diesel biorefinery in Geismar, Louisiana. Tyson and Syntroleum formed Dynamic Fuels in 2007 as a 50/50 joint venture. A copy of REG's press release on the announcement is available online.
On February 10, 2014, Lockheed Martin announced that it has partnered with the American Council on Renewable Energy (ACORE) "allowing ACORE to become an official partner with, NASCAR Green, the sustainability arm of the National Association for Stock Car Auto Racing, Inc. Through this agreement, Lockheed Martin and ACORE will jointly engage an audience of millions of NASCAR fans, delivering educational content about the benefits of renewable energy, sustainability and energy security...The sponsorship aims to promote careers in the renewable energy community writ large by highlighting the life-long value of studying science, technology, engineering and math (STEM) in order to build a strong, secure, economically viable and sustainable future." A copy of Lockheed Martin's press release is available online.
On February 10, 2014, Monsanto issued a press release announcing that Monsanto and Novozymes are closing The BioAg Alliance. According to the release, "[t]he announcement follows the satisfaction of relevant closing conditions and the receipt of required regulatory approvals. Both companies will now focus on implementing the long-term strategic alliance. The BioAg Alliance is unique in the industry, bringing together Novozymes' commercial BioAg operations and capabilities within microbial discovery, development and production with Monsanto's microbial discovery, advanced biology, field testing and commercial capabilities. The result will be a comprehensive research, development, and commercial collaboration for sustainable microbial products to help farmers globally meet the challenge of producing more with less -- for the benefit of agriculture, consumers, the environment and society at large." A copy of Monsanto's press release is available online.
On January 27, 2014, Arkema introduced biobased Pebax® for ski boot production. According to the company's press release, Pebax® Rnew 80R53 is 50% more rigid than existing Pebax® grades, already well-known for several years as reference materials for both alpine touring and cross-country ski boots. A copy of the press release is available online.
Dyadic International, Inc. (Dyadic) has been issued a U.S. patent covering, among other things, methods of developing and producing novel enzymes, encoding nucleic acid molecules for those enzymes, and methods to convert lignocellulosic biomass into fermentable sugars with enzymes that degrade the lignocellulosic material and novel combinations of enzymes, including those that provide a synergistic release of sugars from plant biomass. Dyadic is a global biotechnology company focused on the discovery, development, manufacture, and sale of enzymes and other proteins for the bioenergy, biobased chemical, biopharmaceutical, and industrial enzyme industries. A copy of the company's press release announcing the new patent may be found online.
On November 7, 2013, cellulosic biofuels producer KiOR, Inc. (KiOR) released its third quarter results. The company reported that its Columbus facility began a run in September, and is now producing cellulosic biofuels steadily and at record rates. This is significant news in the biofuels industry, as KiOR is one of the leading companies expected to contribute to the cellulosic volume availability under the RFS in 2013. A copy of the company's press release may be found online.
On October 31, 2013, NatureWorks issued a press release announcing that it "now offers three new Ingeo high performance biopolymer grades designed for injection molding and extrusion applications. They will allow formulations comparable in performance to engineering thermoplastics at a cost lower than any previous high-biobased content polymers on the market." A copy of the press release is available online.
On November 4, 2013, it was reported that Johor Biotechnology and Biodiversity Corporation (J-BioTech) recently signed a three-year Memorandum of Understanding (MOU) with Malaysian Biotechnology Corp Sdn Bhd (BiotechCorp) to develop a biobased industry in Johor.
On September 26, 2013, cellulosic biofuels company KiOR, Inc. announced that it intends to build a second cellulosic biorefinery near its existing plant in Columbus, Mississippi. This second plant, or "Columbus II," is expected to cost $225 million and the Company intends to build it in 18 months after it raises sufficient capital. This announcement is significant, especially as it comes at a time when federal RFS opponents are strong and have waged a campaign to dismantle the law in part by arguing about the lack of development in the cellulosic biofuels space. KiOR's press release on Columbus II is available online.