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   Non-TechMetabolix [MBLX] a Full Disclosure Thread

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From: Sam Citron5/8/2007 12:06:42 PM
   of 78
PACKAGING:Shrink-wrapped packages are the neighbor-friendly way to store trash until it can be processed.
PACKAGING:Shrink-wrapped packages are the neighbor-friendly way to store trash until it can be processed.
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March 8, 2007 -- Garbage was never sweeter - at least for investors.

Hitting the market are new garbage bags spun from sugar that actually dissolve cleanly under the ground.

The bags - resulting from a race among the world's five biggest agricultural giants - are just one of the commercial breakthroughs hitting Wall Street's pavement that's suddenly padded with new billions in investment cash.

The first out of the gate is a public company to build its factory for dissolvable bags and packaging made from sugars is Metabolix, bankrolled by No. 1 agribusiness Archer Daniels Midland.

In its first four months, it's up 32 percent and resisted last week's market rout.

Even New York City's in the gold rush, and expects to build a showcase processing plant that cleanly converts throwaway plastics and smelly trash into free electricity for all five boroughs - hoping to prevent summer blackouts while getting rid of garbage for just pennies.

It's written into new city sanitation laws, and outlined in a City Hall blueprint for adopting alternative technologies, due later this month from the Economic Development Corporation, said Councilman Michael McMahon, chairman of the council's sanitation committee.

While several years away, the new trash-to-energy pilot plant would likely be installed in a sprawling industrial stretch in Jersey City in the shadow of the Statue of Liberty. The city already uses a giant factory there of Hugo Neu Sims to recycle all its plastic, metal and glass, said McMahon.

Technologies to convert the garbage range from giant laser "plasma guns" that reduce it to harmless steam and a few elements, and gasification technology to run generators cleanly. Incineration isn't used in such plants.

Meanwhile, the problem of the stench of garbage piles waiting to be zapped into clean renewable energy is making other investors rich.

Former Wall Street investment banker David Stoller launched TransLoad America four years ago with a novel solution to the stink: big portable rigs and on-site factories that compress and shrink-wrap garbage into tidy Volkswagen-sized pods.

It cuts about 20 percent from costs of conventional trash handing for export because no mess is left behind.

"This solves the old problem of not-in-my-backyard because it has no smell at all, or any kind of leakage, and can be stored in large supply for years as feed stock to continually run a trash-to-energy facility," said Stoller.

TransLoad, based in Newark, has been in talks with officials in New York City and Los Angeles, the two largest trash exporters, about shrink-wrapping municipal trash for eventual use as a renewal energy source.

"In three or four years, all the plants popping up for natural and biodegradable plastics will be up and running, and that's when regulators will start to move in and make their use required by law," said biotech analyst Laurence Alexander of Jefferies & Co.

He sees growth of 20 percent a year for biodegradable plastics.

Driving the natural plastics revolution is the four-fold hike in the price of crude oil, which is used in the bulk of plastics here. Substitutes have been around for years but unheeded.

Even Henry Ford developed a process in 1941 to build his first "plastic car" using soybean by-products and chemical stiffeners. It never caught on, nor did the wonders of biodegradable plastic that was perfected four decades ago.

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From: Sam Citron5/13/2007 8:33:21 AM
   of 78
Ashland and Cargill to Form Joint Venture for Bio-based Chemicals

Ashland Inc., a global chemical company, and Cargill have agreed in principle to create a new joint venture devoted solely to the development and production of bio-based chemicals. The parties intend for the new stand-alone entity to become a leading global supplier of chemicals from renewable sources.

The venture’s first product will be propylene glycol (PG). Using both licensed and proprietary technology, the joint venture will produce high-grade propylene glycol from glycerin, an abundant co-product of biodiesel production.

The joint venture expects to provide global manufacturing and marketing of bio-based PG, starting with a 65,000 metric ton-per-year plant at a yet-to-be-finalized location in Europe.

The venture anticipates a combined initial capital investment in the range of $80 million to $100 million. Details on the name, leadership and development plans are expected to be announced later in 2007.

We believe the chemical market has reached a tipping point where bio-based and petroleum-based options are both desired by the market and practical to produce. To be in a position where Ashland can offer bio-based specialty chemical products in the future, we need to help foster the creation of bio-based basic chemicals now. We are creating our future and we've found a terrific partner in Cargill to do so.
—Walter Solomon, vice president and chief growth officer, Ashland Inc.

According to Ashland market consultants, annual global production for propylene glycol totals more than 1.4 million metric tons, and research shows that global demand growing at a 3 - 7% rate. Propylene glycol is a common ingredient in a variety of resins, lubricants, cosmetics, paints, detergents and antifreeze. Today, propylene glycol is produced from propylene oxide, a petroleum-based intermediate.

Laboratory tests of the proprietary production method have shown the bio-based propylene glycol product will feature a high level of purity. In testing, the process to be used by the joint venture is efficient and produces fewer byproducts than other alternative approaches to making renewable propylene glycol, according to the companies.

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From: richardred6/8/2007 7:51:26 PM
   of 78
DuPont Launches DuPont(TM) Cerenol(TM) - its Newest Renewably Sourced Polymer Family
Monday June 4, 9:00 am ET
Family of Polyols Contains 80-100 Percent Renewable Content While Enhancing Performance

WILMINGTON, Del., June 4 /PRNewswire-FirstCall/ -- DuPont (NYSE: DD - News) today announced its next polymer family made with renewable resources - DuPont(TM) Cerenol(TM), which is made from 100 percent renewable resources. This patented new product line joins DuPont(TM) Sorona® as the newest polymer family made with corn instead of petroleum. Cerenol(TM) enhances the performance of a diverse portfolio of end-use products that range from running shoes and ski boots to cosmetics, automotive components and spandex fiber applications.

DuPont(TM) Cerenol(TM) is a family of renewably sourced, high-performance polyols (polyetherdiols). Cerenol(TM) can replace petroleum-based ingredients or finished products without compromising functionality. It offers value- added properties and can increase process efficiencies for a broad range of products in diverse markets including personal care, functional fluids and high-performance elastomers. Unlike petroleum-based or other plant-based alternatives, DuPont(TM) Cerenol(TM) is easily tailored to meet specific needs and performs better in many end uses while providing environmental benefits.

"Since customers want environmentally smart options that do not compromise performance, we are pleased to now offer both Sorona® and Cerenol(TM) -- two high-performance polymers that are engineered to meet or exceed the performance of their petroleum-based counterparts," said DuPont Bio-Based Materials Vice President & General Manager Peter C. Hemken.

DuPont(TM) Cerenol(TM) is named from Ceres, the Roman goddess of agriculture. The liquid polyol is made using Bio-PDO(TM) from the DuPont Tate & Lyle Bio Products joint venture in Loudon, Tenn. Cerenol(TM) is the result of polymerizing Bio-PDO(TM) with itself. Compared to existing alternatives such as polytetramethylene ether glycol (PTMEG), DuPont(TM) Cerenol(TM) has a significantly lower environmental footprint as determined by an ISO 14000- compliant Life Cycle Analysis, because from cradle to gate it has a 40 percent savings in non-renewable energy and 42 percent reduction in greenhouse gas emissions. Cerenol(TM) is being produced at DuPont operations in the United States and Canada.

Cerenol(TM) has a diverse portfolio of uses and benefits. For example, in personal care applications such as lotions, certain Cerenol(TM) grades provide a soft after-feel and reduce the need for certain additives. In some functional fluids such as heat transfer fluids, Cerenol(TM) offers a biodegradable fluid with excellent thermal conductivity. Cerenol(TM) is an ideal soft segment for several thermoplastic elastomers and thus enhances the performance of these elastomers. As an example, in spandex fibers it can replace the petrochemical soft segment of the polymer to provide better stretch recovery and an increase in the spinning speed of the fiber.

Cerenol(TM) will be the building block for two other renewably sourced products from DuPont. First, for new automotive primers and clearcoats from DuPont Performance Coatings that will be available in the first quarter of 2008, Cerenol(TM) provides increased chip resistance and flexibility. Second, grades of DuPont(TM) Hytrel® thermoplastic elastomers made with Cerenol(TM) will be available in late 2007 and will offer performance comparable to conventional grades.

DuPont's unique breadth of biology, chemistry and materials science, ranging from better seeds to value-added end-use products, has enabled the creation of DuPont(TM) Renewably Sourced Materials, where each product contains a minimum of 20 percent renewable content by weight. These high- performance products are sourced to a significant extent from renewable, sustainable agricultural feedstocks, rather than petroleum. Renewably Sourced Materials from DuPont help reduce the environmental footprint, promote rural development and increased markets for farmers around the world, and help reduce dependence on petrochemicals for everyday products. For more information about Cerenol(TM) and other Renewably Sourced Materials from DuPont, visit

DuPont is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.

The DuPont Oval Logo, DuPont(TM), The miracles of science(TM), Cerenol(TM), Sorona® and Hytrel® are registered trademarks or trademarks of DuPont or its affiliates.

Source: DuPont

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To: richardred who wrote (37)6/8/2007 7:52:29 PM
From: richardred
   of 78
Bio-Factory Producing Corn-Based Polymer
Friday June 8, 5:18 pm ET
By Duncan Mansfield, Associated Press Writer
DuPont, Tate & Lyle Begin Production of Corn-Based Polymer

LOUDON, Tenn. (AP) -- The nation's top energy official hailed on Friday the innovation behind chemical giant DuPont Co.'s new $100 million bioengineering joint-venture with multinational agri-processor Tate & Lyle PLC to produce a new biology-based polymer.

The Loudon plant is churning out a product derived from corn that the companies say can directly replace and improve upon petroleum-based ingredients in everything from carpets to clothes to cosmetics, saving energy and using renewable resources at the same time.

"The work that will be done here is on the leading edge of a biotechnology revolution, which I believe will change the way we power our cars, our trucks, our homes and our businesses," Energy Secretary Samuel Bodman said during a formal opening ceremony.

The plant is expected to make 100 million pounds of its bio-product annually. The plant may not reach full capacity for another year, but it already has shipped 85 rail cars of its bio-product since November.

"Up to this point, we have been focused on recycling products and putting that back in other products," said Jeffrey S. Lorberdaum, CEO of carpetmaker Mohawk Industries. "This is allowing us to take the next step in environmental sustainability."

By the fall, Mohawk will be marketing a line of carpet made entirely from the bio-ingredient from the Loudon plant.

DuPont and Tate & Lyle say their corn-based propanediol, or Bio-PDO, will find new uses because it helps fabrics take dyes more brilliantly, carpets become naturally stain resistant, face creams be gentler to the skin, and airplane de-icers biodegrade.

"It is the most significant invention since nylon," DuPont Chairman and CEO Charles "Chad" Holliday Jr. said in an interview with The Associated Press. The Wilmington, Del.-based company invented nylon in 1935.

"The functionality of this product is what really differentiates it," Iain Ferguson, chief executive of London-based Tate & Lyle, told the AP. "That gives us something which has a real edge."

The Loudon plant, about 35 miles south of Knoxville, uses corn sugar or glucose from an adjoining Tate & Lyle ethanol plant. An E. coli bacteria modified by DuPont scientists breaks down the glucose through a fermentation process much like making beer.

The result is a clear liquid compound that might be used in a quickly growing range of products, including fabrics, cosmetics, liquid detergents, boat hulls, ski boots and runway de-icers.

Brent Erickson, an executive vice president at the Biotechnology Industry Organization in Washington, D.C., said that while DuPont and Tate & Lyle are not alone, the commercialization of their Loudon plant was a significant development in what he termed the third wave of a biotech revolution that began 20 years ago in medicine and then agriculture about a decade ago.

"It has gone beyond the doctor's office into consumer goods and other products that we never imagined," he said.

Holliday and Ferguson said they have factored rising corn prices, driven in part by growing demand for biofuels, into their equation.

Steven Mirshak, president of the DuPont-Tate & Lyle Bio-Products joint venture, said the price of the companies' Bio-PDO base is "similar" to nylon. A chemical version of the product was discovered in the 1940s but was too expensive to make.

"But with our new process using biology, we are able to produce PDO at a cost point where we can develop direct applications of its use in a variety of markets," he said, replacing petroleum counterparts.

Corn-based substitutes for petroleum are good for the environment, but experts have said they also contribute to a rise in global food import costs, making it harder for developing countries to feed their populations.

Holliday said DuPont brings an unusual perspective to the corn supply situation. The company also owns the major corn seed brand Pioneer and is devoting considerable resources to increasing its productivity.

"Every time you get something like this where you get a price increase, you get further investment in agricultural production," Ferguson said. "And there is clearly considerable further potential to raise the yields."

DuPont Co.:

Tate & Lyle PLC:

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From: richardred7/2/2007 11:08:23 AM
   of 78
Dow Completes Wolff Walsrode Acquisition
Monday July 2, 6:56 am ET
Dow Chemical Completes Acquisition of Bayer's Wolff Walsrode Division

MIDLAND, Mich. (AP) -- Dow Chemical Co. said Monday it completed its acquisition of Bayer AG's cellulose plastics unit, Wolff Walsrode, for $590 million.

Including assumed debt and pension commitments, the deal is valued at $725 million.

Bayer said in March it would divest Wolff Walsrode as part of plans to finance its acquisition of fellow German drug maker Schering AG. Bayer said it plans to use the $590 million cash portion of the transaction to lower debt.

Wolff Walsrode will become part of Dow's Water Soluble Polymers business.

"Wolff is a strategically aligned acquisition that brings new expertise and customer focus to accelerate Dow's growth in key specialty markets," Dow Chairman and Chief Executive Andrew Liveris said in a statement.

The acquisition is expected to add to Dow's earnings by the end of the first year of ownership.

Questions or comments about this story should be directed to the Financial News desk of The Associated Press at 212-621-7190.

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From: richardred9/28/2007 12:06:07 AM
   of 78
Metabolix Receives $2M Government Award
Thursday September 27, 6:42 pm ET
Metabolix Gets $2M Award From Commerce Department, to Use Proceeds for Product Development

CAMBRIDGE, Mass. (AP) -- Metabolix Inc., which is developing biodegradable plastics from corn sugar, said Thursday it received a $2 million award from the U.S. Department of Commerce's National Institute of Standards and Technology.

Metabolix said it will use the award, part of the agency's Advanced Technology Program, to develop a commercially viable process for producing biobased chemicals from renewable agricultural products.

Shares rose $1.24, or 5 percent, to $25.90 during aftermarket electronic trading after closing up 81 cents at $24.66.

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To: richardred who wrote (40)10/12/2007 1:23:31 PM
From: richardred
   of 78
Metabolix Announces Results of Life Cycle Assessment for Mirel(TM) Bioplastics
Friday October 12, 9:05 am ET
Achieves Major Reduction in Greenhouse Gas and Fossil Fuel Relative to Conventional Plastics

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Metabolix Inc. (NASDAQ: MBLX - News) today announced that Telles(TM), its joint venture with Archer Daniels Midland Company (NYSE: ADM - News), has released the findings of an independent life cycle assessment (LCA) for Mirel(TM) bioplastic resin. The LCA study, conducted by Dr. Bruce Dale, professor of Chemical Engineering at Michigan State University, determined that production of Mirel reduces the use of nonrenewable energy by more than 95% and provides a 200% reduction in greenhouse gases (GHG) compared to production of conventional petroleum-based plastics.

Because Mirel is made from corn and utilizes renewable energy in its production, either directly or via offset, the environmental benefits are significant. The LCA measures the environmental impact of Mirel from "cradle to factory gate." Mirel requires only 2.5 MJ/kg of nonrenewable energy per kilogram verses 70 MJ/kg for olefins such as polypropylene and polyethylene. Mirel actually has a negative net CO2 footprint, showing a net result of -2.2 GHG emissions (kg CO2 eq. /kg) compared to a +2.0 GHG emissions (kg CO2 eq. /kg) for these olefin based polymers.

Mirel is a family of biobased, sustainable and biodegradable plastics with high-performance characteristics including excellent resistance to heat and hot liquids. Mirel biodegrades in a wide range of environments: soil, home compost, industrial compost and both fresh and salt water.

Jay Kouba, Chairman and CEO of Metabolix, stated, "The results of this independent study actually exceeded our expectations. It confirms the environmental benefits of Mirel bioplastics and its underlying technology. Our current and prospective customers can be confident, and proud, in telling their consumers that products containing Mirel are far better for the environment than conventional plastics." Telles, the Metabolix and ADM joint venture, is currently working with customers evaluating a variety of applications while constructing its commercial scale production plant which is expected to begin operations in late 2008.

Professor Dale will be publishing the results of the Mirel LCA and speaking at the Symposium on Biotechnology for Fuels and Chemicals in May 2008. Professor Dale commented, "Making informed decisions based on a product's environmental impact requires an understanding of its entire life cycle, from the activities required to produce its raw materials to the manufacturing process. Our LCA research validates Mirel's significant reductions in greenhouse gases and non-renewable fuel use through its entire life cycle when compared to conventional plastics."

About Metabolix

Founded in 1992, Metabolix, Inc. is an innovation driven bioscience company focused on providing sustainable solutions for the world's needs for plastics, fuels and chemicals. The Company is taking a systems approach, from gene to end product, integrating sophisticated biotechnology with advanced industrial practice. Metabolix is now developing and commercializing Mirel(TM) bioplastics, a sustainable and biodegradable alternative to petroleum based plastics. Mirel is suitable for injection molding, extrusion coating, cast film and sheet, blown film and thermoforming. Metabolix is also developing a proprietary platform technology for co-producing plastics, biofuels and chemical products in biomass energy crops such as switchgrass.

Metabolix and Archer Daniels Midland Company (ADM) are commercializing Mirel through a joint venture called Telles. The first commercial scale Mirel production plant is being constructed adjacent to ADM's wet corn mill in Clinton, Iowa. The plant is expected to begin operations in late 2008 and is designed to produce up to 110 million pounds of Mirel annually. Mirel will reduce reliance on petroleum and decrease environmental impacts relative to conventional petroleum based plastics.

For more information, please visit (MBLX-G)

Safe Harbor for Forward-Looking Statements

This press release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in this release do not constitute guarantees of future performance. Investors are cautioned that statements in this press release which are not strictly historical statements, including, without limitation, statements regarding Metabolix's plans and objectives for research and development, operations, and product development, the commercial viability of Metabolix products, and the expected sales potential of Metabolix products, constitute forward-looking statements. Such forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated, including, without limitation, risks and uncertainties associated with: Metabolix's ability to successfully develop new technologies and products; the market acceptance of Metabolix products; its ability to compete with petrochemical-based plastics, fuels and chemicals and with other biobased products; its ability to develop and successfully commercialize its products; its ability to obtain required regulatory approvals; its ability to obtain, maintain and protect intellectual property rights for its products; and other risks detailed in Metabolix's filings with the Securities and Exchange Commission, including Form 10-K for the year ended December 31, 2006. Metabolix assumes no obligation to update any forward-looking information contained in this press release.


Matt Lindberg, 203-682-8214
Brian Ruby, 203-682-8268
Kathleen Heaney, 203-803-3585

Source: Metabolix Inc.

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To: richardred who wrote (41)10/12/2007 5:21:13 PM
From: Sam Citron
   of 78
That was a pretty valuable life cycle assessment. It gave a boost to Metabolix's market cap today of over $120 million at one point this afternoon, about a 25% rise in the stock. Volume at 1.2M was decent, but not spectacular.


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To: richardred who wrote (41)10/12/2007 11:41:33 PM
From: tnsaf
   of 78
>>The LCA measures the environmental impact of Mirel from "cradle to factory gate."<<

"to factory gate" doesn't seem like a complete life cycle. When Mirel has degraded would be the end of the cycle.


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To: tnsaf who wrote (43)10/13/2007 1:05:20 AM
From: richardred
   of 78
>Our LCA research validates Mirel's significant reductions in greenhouse gases and non-renewable fuel use through its entire life cycle when compared to conventional plastics."

The PR wasn't to specific as to details. In what you mentioned, and the comparison study used to compare Mirel to conventional plastics.


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