Higher oil prices have helped spark investment activity in US-based second-generation biofuel companies seeking to overtake their fossil fuel counterparts. The last week of May alone held an IPO launch for algae-based fuel maker Solazyme (garnering $227.2 million) as well as IPO filings for biomass feedstock grower Ceres ($100 million value) and biochemical producer Myriant ($125 million value).
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