US green power producer NewEnergyBlue plans to boost its wheat-to-biofuel business after acquiring exclusive rights to Inbicon's bio-conversion technology. The scale-up will involve constructing refineries across grain belts and sugar-producing regions of the Americas, where the firm will take advantage of agricultural residues to augment the fuel market with low-carbon high-octane advanced ethanol fuel. "We are very excited about this new opportunity for our customers in North America who want a more sustainable way to produce ethanol," said CEO John DeCicco.
US green power producer NewEnergyBlue plans to boost its wheat-to-biofuel business after acquiring exclusive rights to Inbicon's bio-conversion technology. The scale-up will involve constructing refineries across grain belts and sugar-producing regions of the Americas, where the firm will take advantage of agricultural residues to augment the fuel market with low-carbon high-octane advanced ethanol fuel. The closed-loop technology, which uses high-pressure steam from recycled water followed by an enzyme bath to break down products into sugars and lignin, was developed at a cost of $200m over 15 years by Inbicon, a subsidiary of Danish clean-energy company Orsted.