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2007
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Feb. 16
Verenium breaks ground on the nation's first demo-scale cellulosic ethanol facility.
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June 20
Diversa & Celunol merge to form Verenium Corporation
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June 28
Verenium allocated $4.6M from DOE for enzyme development
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2008
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Jan. 7
Verenium and Bunge sign new agreement to develop enzyme processes for production of edible oils
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Feb. 27
Verenium awarded DOE grant to speed enzyme development
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April 7
Verenium commences start-up phase at demo-scale cellulosic facility
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May 28 & 29
Verenium begins commissioning of nation’s first cellulosic ethanol demonstration-scale plant - Company hosts analyst and investor day and dedication ceremony to mark industry milestone.
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July 14
Verenium awarded a grant from the U.S. Department of Energy (DOE) under a $40 million program to support the development of small-scale cellulosic ethanol biorefinery plants.
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July 15
Verenium and Marubeni Corporation continue to advance the commercialization of cellulosic ethanol projects utilizing Verenium's proprietary technology in Asia with the opening of a three million-liter-per-year plant in Saraburi, Thailand.
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July 24
Verenium awarded a three-year, $5.4 million grant from the New Zealand Foundation for Research, Science and Technology.
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August 6
Verenium announces significant partnership with BP to accelerate the commercialization of cellulosic ethanol.
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2009
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January 15
Verenium announces first commercial cellulosic ethanol project and "Farm to Fuel" grant in Florida.
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February 18
BP and Verenium form leading cellulosic ethanol venture to deliver advanced biofuels.
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March 24
Verenium and Alfa Laval announce collaboration on Purifine®
PLC enzyme.
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April 13
Verenium launches high perfomance enzyme for food and beverage applications.
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May 5
Verenium commends creation of Biofuels Interagency Working Group to speed development of energy alternatives.
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June 22
Verenium and WeissBioTech (formally Add Food Service GmbH) announce a commercial distribution partnership for Fuelzyme® and Veretase® enzymes.
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June 25
Verenium and BP are invited to begin negotiations for next phase of U.S. DOE loan guarantee program.
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July 6
Verenium complete's amendment to 8% senior convertible notes and positions the Company for future strategic growth.
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July 29
BP and Verenium announce Vercipia Biofuels to advance the commercialization of cellulosic ethanol.
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August 28
Verenium completes 5.5% convertible notes exchange to reduce the Company's debt and create additional financial flexibility.
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October 21
Verenium and VPP sign agreement to test C5 cellulosic technology on pulping feedstocks for the production of ethanol.
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2010 |
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February 11
Verenium launches Xylathin™ xylanase, a highly active enzyme designed to significantly improve economics of fuel ethanol production from cereal grains.
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March 3
Molinos Rio de la Plata's San Lorenzo plant completes start up of commercial scale oil degumming process utilizing Verenium's Purifine® PLC enzyme.
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September 2
Verenium closes the sale of its cellulosic biofuels business to BP for $98.3M.
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