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Elevance Renewable Sciences

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Elevance is a company aimed at making specialty chemicals out of renewable oils.

The company began as a 2007 spinoff of agribusiness giant Cargill Inc. of Wayzata, Minn., with $40 million in cash and technology from Cargill, private-equity firm TPG Capital and Materia Inc., a Pasadena, Calif.-based refinery-tech outfit.

Elevance makes ingredients used in manufacturing personal care products, detergents, lubricants and other specialty chemicals, and fuel from renewable foodstocks.

Milestones

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• 
  Elevance Renewable Sciences added Steve DiBiase as CSO. (1/1/10)
  Posted 12/8/10 at 12:56pm
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  Elevance Renewable Sciences added Mel Luetkens as COO. (11/1/07)
  Posted 5/20/09 at 2:59pm
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  Elevance Renewable Sciences added Patrick Kelly as CFO.
  Posted 5/20/09 at 2:59pm
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  Elevance Renewable Sciences added K'Lynne Johnson as CEO. (1/1/07)
  Posted 5/20/09 at 2:58pm
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  Elevance Renewable Sciences received $50M in Series D funding. (7/20/11)
  Posted 7/21/11 at 5:42pm via biofuelsdigest.com
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  Elevance Renewable Sciences received $100M in Series C funding. (12/21/10)
  Posted 12/21/10 at 8:24am via prnewswire.com
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  Elevance Renewable Sciences received $40M in Series A funding. (3/26/08)
  Posted 5/20/09 at 3:27pm via venturebeat.com
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  Elevance Renewable Sciences — Bolingbrook, Ill-based Elevance Renewable Sciences Inc. has announced the acquisition of an idle biodiesel plant in Natchez, Miss. The former Delta Biofuels facility, which featured an 80 MMgy production capacity, will be converted and retrofitted with El (6/10/11)
  Posted 6/22/11 at 11:23am via biodieselmagazine.com
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  Elevance Renewable Sciences — Elevance Renewable Sciences has entered into a joint development agreement with Stepan Company. (10/29/10)
  Posted 12/8/10 at 1:19pm via biofuelsdigest.com
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  Elevance Renewable Sciences — Wilmar International in JV with Elevance Renewable Sciences JV to build biorefinery in Indonesia (6/29/10)
  Posted 12/8/10 at 1:02pm via reuters.com
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  Elevance Renewable Sciences — Elevance named to BusinessWeeks "Most Successful U.S. Startups 2008" (12/17/08)
  Posted 12/8/10 at 12:59pm via businessweek.com

Videos

Screenshots

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Above: www.elevance.com
Uploaded: 12/9/10

Sources

1. Elevance Renewable Sciences draws $40M for naturally-based chemicals (venturebeat.com) [edit]
2. Elevance Renewable Sciences Raises $100 Million in Series C Financing (prnewswire.com) [edit]
3. Elevance raises $50M in new funding round; gets Mississippi project sweeteners, too (biofuelsdigest.com) [edit]
4. Most Successful U.S. Startups 2008 (images.businessweek.com) [edit]
5. Wilmar, Elevance to build Indonesia biochemical plant (af.reuters.com) [edit]
6. Elevance, Stepan partner to develop renewable surfactants, antimicrobials (biofuelsdigest.com) [edit]
7. Elevance to convert idle biodiesel plant (Natchez, MS) (biodieselmagazine.com) [edit]