LANCASTER, Pa., Sept. 11, 2024 /PRNewswire/
-- NewEnergyBlue, the clean-technology designer of biomass
refineries that turn agricultural waste into highly decarbonized
biofuels and biochemicals, has finalized its purchase of Inbicon
biomass-conversion technology from Ørsted, a renewable energy
company based in Denmark.
NewEnergyBlue's acquisition extends its scope of operations
worldwide, includes ownership of Inbicon's international patent
portfolio, and conveys global licensing rights for the
bioconversion technology. A previous licensing agreement was
exclusive just to the Americas.
"Corn stalks from America, wheat straw from Canada and Europe, sugar bagasse in Brazil and India—all over the world, billions
of tons of botanical waste are left behind after annual harvests,"
says Albury Fleitas, President of
NewEnergyBlue. "And on the horizon, perennial grasses grown in the
planet's expanding arid regions where food crops no longer thrive.
They're all ideal feedstocks for our biomass refineries, more
opportunities than ever to replace fossil fuels and chemicals with
next-generation renewables."
NewEnergyBlue biomass refinery's process design utilizes Inbicon
biotechnology to tightly adjust process thermodynamics and
precisely control chemical reactions without caustic additives. One
of the by-products is clean water. This smarter design aligns with
global environmental and sustainability mandates so essential to
meet this decade.
Invented in Denmark 25 years
ago, Inbicon technology proved its efficacy over a series of
critical 10x scale-ups. In 2009, Inbicon's first biomass refinery
opened at Kalundborg, Denmark,
processing local wheat straw and demonstrating the commercial
viability of second-generation (2G) ethanol for sustainably
decarbonizing auto and aviation fuel.
Slated to open in 2026 in Mason City,
Iowa, New Energy Freedom biomass refinery is designed to
annually convert corn stalks into 2G bioethanol and clean lignin.
The bioethanol is destined for low-carbon auto-fuel markets and
downstream conversion to sustainable Dow Chemical plastics.
Clean lignin is highly valuable in the production of polymers
and binders, replacing traditional oil-derived products in
manufacturing and road surfacing.
The bioconversion technology and process have sparked global
interest among leading international companies and scientists
looking to scale-up their technologies using the refineries'
commercial sugar and lignin streams. Following the commissioning
phase, a biomass tech campus will be established at Freedom.
"We're doing our part to take the fossil out of fuels, the oil
out of plastics, and the heat out of the atmosphere," says Fleitas.
"And we're aligning ourselves with international partners who
demonstrate the financial heft, nimbleness, and foresight to get
the job done."
Media Contact:
Roger Moore
rogermoore@newenergyblue.com
717-224-0245
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