Applied Biorefinery Sciences: Biofuels Digest’s 2014 5-Minute Guide

March 10, 2014 |

Applied Biorefinery Sciences was created in 2008 to commercialize biorefinery technology that is distinctly different from enzymatic (bio-chemical) and gasification (thermo-chemical) processes that destroy or discard chemical intermediaries generally in favor of a single target product.

The ABS process offers potential to overcome biorefinery economic viability impediments through process simplicity, high energy efficiency, and co-production of products for existing chemical and wood product (e.g., fuel pellets and pulp) markets.  ABS is led by a team of scientists, engineers, and business people with extensive knowledge of biorefinery design and economics.

3 Top Milestones for 201013

  • Patents issued and pending on our unique product recovery system from hot water extracted material
  • • Awarded New York State incentives totaling $881,960 for constructing a demonstration biorefinery in the Adirondacks capable of processing 3 dry tons per day of forest residuals
  • • Awarded $153,340 grant from New York State Energy Research and Development Authority (NYSERDA) to study the use of biorefinery technology to reduce electrical energy consumption in the production of wood fuel pellets.

3 Major Milestone Goals for 201416

  • • Complete engineering works on a commercial hot water extraction and recovery system with capacity to process 250,000 tons of lignocellulosic biomass annually
  • • Raise sufficient capital from equity sales to secure project financing from private lenders
  • • Announce long-term offtake agreements for sugar and hydro-torrefied wood fibers

Business Model: (e.g. owner-operator, technology licensor, fee-based industry supplier, investor)

Applied Biorefinery Sciences intends to be a technology licensor for commercial biorefineries projects wholly owned by Applied Biorefinery Sciences or owned in partnership with another entity.  Each commercial facility will pay royalties to Applied Biorefinery Sciences and some portion of the dividend payouts, depending on the equity structure of the individual project.

Competitive Edge(s):

Our competitive edge is the co-production of intermediary chemicals and 5- and 6-carbon sugars with hydro-torrefied wood fibers, substantially increasing the overall value proposition.

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Category: 5-Minute Guide

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