Here are last week's news in no particular order. I will put a separate post about the DOE's biomass grant announced last week.
More money for Metabolix
Bioplastic developer Metabolix has completed its public offering of 3,450,000 shares of its common stock at a price of $9.00 per share for gross proceeds of $31 million. The Company intends to use the net proceeds from the offering for working capital and other general corporate purposes.
Recycled plastic bridges
Axion International Holdings completed its $957,000 contract for the construction of two railroad bridges designed from nearly 100% recycled plastics. The US Army has commissioned each of these bridges to be built at Fort Eustis, Virginia.
Carpet fiber eco-certified
Invista said it is the first company to obtain Environmentally Preferable Product (EPP) certification for its carpet fibers under a new, expanded standard by third-party certification company Scientific Certification Systems (SCS).
Biomass fuel plant approved
renewaFUEL LLC plans to construct and operate its next-generation biomass fuel production facility at the Telkite Technology Park near Marquette, Michigan. The plant will produce 150,000 tons/year of high-energy, low-emission biofuel cubes, a composite of collected wood and agricultural feedstocks supplied from local farmers and loggers for the facility.
GE's biggest wind service deal
GE and E.ON Climate & Renewables North America signed a 7-year operation and maintenance agreement covering EC&R's complete fleet of 529 GE wind turbines installed in the United States. The O&M deal is one of the largest wind services agreements ever signed by GE.
And in ICIS news (requires subscription):
Bioplastics' share of auto sector to increase, a consultant with BeOne Hamburg reported.
French chemical maker Arkema forecast that 10% of its sales will come from renewable resources.
Producing biodiesel from sugarcane is less than five years away from becoming commercially viable, as illustrated by two US companies.