5 result(s) displayed (1 - 5 of 5):

BP ups its stake in biofuel (from Corporate Dealmaker)

BP plc (NYSE:BP) has signed a joint development agreement with Martek Biosciences Corp. (NASDAQ:MATK) to produce microbial oils for biofuels applications. The companies will work to develop new technologies that convert sugars into biodiesel. BP will contribute $10 million and will own all intellectual property developed through the agreement. Martek --...

Posted on August 13, 2009 9:30 AM

Bankrupt VeraSun considers unsolicited buyout offer (from Corporate Dealmaker)

VeraSun Energy Corp., the No. 2 ethanol producer in the U.S., said late Monday night it has received a nonbinding unsolicited indication of interest for all of its assets. VeraSun, which said it would consider this and other proposals, didn't reveal the suitor's name due to confidentiality considerations. The Associated...

Posted on November 25, 2008 2:00 PM

More funding for Chevron algae ally Solazyme (from Corporate Dealmaker)

Reducing our dependence on foreign oil is a hot topic, especially with prices being where they are. Some alternative energies, including cellulolistic ethanol, algae and even chicken fat. Algae is our topic of the day: Solazyme, a Chevron partner, raised about $45 million in its latest round, while Enterprise-Rent-A-Car created a division and hired experts to look into getting its fleet juiced up on the organism. Is there a possible deal between the two ...

Posted on August 27, 2008 3:35 PM

VeraSun, US BioEnergy complete merger (from Corporate Dealmaker)

The merger of ethanol producers VeraSun Energy Corp. and US BioEnergy Corp. comes as no surprise to those of us here at Corporate Dealmaker. The transaction was completed on March 31, but we asked US BioEnergy CEO Gordon Ommen about the possibility of a merger way back in September. Here's...

Posted on April 1, 2008 12:44 PM

Engineering crops for biofuels (from Corporate Dealmaker)

In the past, plant biotechnologists concentrated on crops used primarily for animal feed. Lately, though, the genetic engineers have turned to creating crops for biofuels. Startups in the field have worked largely on behalf of agricultural chemical giants. Monsanto Co., Dow AgroSciences LLC, the DuPont Agriculture & Nutrition division of...

Posted on December 15, 2007 10:39 AM