Carbolosic signs three-year offtake for cellulosic sugar with PFL Petroleum

In Florida, Carbolosic, LLC has entered into an agreement with PFL Petroleum Services, LTD to offtake all of the Industrial Grade Concentrated Cellulose Sugar Syrup the Carbolosic plants produce over the next three years, once the plants are operational.

This agreement comes on the heels of Carbolosic’s announcement last week that it has secured funding for five Cellulose to Sugar (CTS™) plants in the South Florida area. PFL has a long history in biofuel markets and gives Carbolosic access to the world markets for its proprietary Cellulose Sugar Syrup made from a variety of agriculture and yard waste.