Archive for the ‘KIOR’ category


KiOR (KIOR)

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The Holy Grail is a renewable fuel that no one can tell is renewable. Its price would be similar to that of a barrel of oil. It would be dropped into existing pipelines, refineries and vehicle engines that already process millions of barrels of petroleum a day. 

– ClimateWire

There are a couple of companies working on this “Holy Grail” – one of them is KiOR (KIOR) which was featured on 60 Minutes on 5-Jan-14 – it’s worth the 14 minutes: http://www.cbsnews.com/news/cleantech-crash-60-minutes/.

Despite the recent negative publicity (see 60 Minutes and this article), 2013 marked an historic turning point where for the first time ever alternative fuels began production at commercial scale. And KiOR was one of the companies to make it happen.

KiOR is a Vinod Kholsa backed biofuel company that takes wood chips from yellow pines (or other biomass) and turns it into fuel. The company line is something like, “We do what Mother Nature does, but instead of millions of years, it takes us just seconds.” Most people look at the chart and think, “these guys must be complete failures”. But it’s fairly remarkable what KiOR has been able to accomplish – KiOR has gone from an idea on paper in 2007 to demo facility in 2010 to IPO in June 2011 (raising $150MM) to commercial start-up in March 2013.