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November 28, 2012
14:57 EDTREGI, GEVO, KIOR, SZYM, BIOFSenate votes to eliminate military restrictions on biofuel, Reuters says
The Senate voted 62-37 in favor of removing language in the National Defense Authorization Act that would have barred the military from buying biofuels that cost more than petroleum, according to Reuters. The Fly notes that Solazyme (SZYM), Gevo (GEVO) Renewable Energy (REGI), KiOR (KIOR) and Biofuel Energy (BIOF) are producers of renewable fuels. Reference Link
News For SZYM;GEVO;BIOF;KIOR;REGI From The Last 14 Days
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December 19, 2014
17:23 EDTREGIRenewable Energy CEO issues statement on Biodiesel Mixture Excise Tax Credit
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07:01 EDTREGIRenewable Energy, Neste Oil settle U.S. and Singapore patent suits
Renewable Energy Group and Neste Oil Corporation of Finland have entered into a Settlement and License Agreement whereby the parties have settled Neste’s U.S. patent infringement lawsuit against REG and REG’s Singapore patent infringement lawsuit against Neste and REG has licensed certain Neste Oil NEXBTL technology and intellectual property rights for use at REG Geismar. REG became the owner of the former Dynamic Fuels facility in Geismar, Louisiana in June. REG inherited the US and Singapore patent lawsuits that are now settled as part of the acquisitions of Syntroleum Corporation and Dynamic Fuels.
December 18, 2014
16:43 EDTSZYMSolazyme begins restructuring plan to reduce 2015 operating expenses by $18.0M
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December 16, 2014
07:31 EDTREGIRoth Capital to hold a conference
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December 15, 2014
17:41 EDTREGIRenewable Energy completes upgrades at Newton, Iowa Biorefinery
Renewable Energy announced the completion of upgrades to its 30M gallon nameplate biorefinery in Newton, Iowa, which allows the plant to produce an even higher purity biomass-based diesel from a wider variety of raw materials. Iowa U.S. Rep. Dave Loebsack and Mike Naig, Deputy Secretary of the Iowa Department of Agriculture and Land Stewardship, joined community and business leaders to mark the occasion. REG broke ground on the $13.2M project in February and completed it in November, four months ahead of schedule and on budget. In addition to the production process upgrades, a further $2.6M was invested to expand storage capacity by 2M gallons and enhance logistics, for a total investment of $15.8M. REG Newton refinanced its original loan through a banking syndicate led by AgStar Financial Services to extend the term and help pay for the project. The refinancing provides an additional $5M" to fund the capital project and extends the maturity date by five years.
December 9, 2014
17:53 EDTREGIREG subsidiary to acquire ICG's majority equity in Petrotec AG
Renewable Energy Group and IC Green Energy announced that REG, through a wholly-owned subsidiary, will acquire ICG’s majority equity ownership position in German biodiesel producer Petrotec AG. Closing of the transaction is expected before year end. ICG, Israel Corporation’s vehicle for investing in the alternative energy market, today formally accepted an offer from REG European Holdings B.V. to purchase ICG’s 69% equity ownership in Petrotec AG for $20.9M, or $1.235 per share, to be paid in newly issued REG shares valued at the 30 trading day volume-weighted average for the day prior to signing. The REG subsidiary will also purchase ICG’s loan to Petrotec AG in the amount of approximately $15.4M. In the next several weeks, REG European Holdings B.V. intends to make a cash tender offer for all other Petrotec shares at a price no less than the value per share to be received by ICG.

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