NewEnergyBlue acquires exclusive rights for Inbicon 2G ethanol technology in the Americas

August 12, 2019 |

In Massachusetts, NewEnergyBlue acquired exclusive rights to Inbicon bio-conversion technology throughout the Americas and will first employ it to turn North Dakota wheat straw into a high-value, carbon-neutral automotive fuel. The technology license was purchased from Ørsted, a Danish green-energy company. Ørsted developed the technology over 15 years at a cost exceeding $200 million, proving efficacy and commercial operation at its refinery in Kalundborg for nearly five of those years.

The company intends to build a series of biomass refineries across grain belts and sugar-growing regions to process agricultural residues like wheat straw, cornstalks, and sugar bagasse, converting them into a high-octane advanced ethanol that’s more than 100% below the carbon baseline of grain ethanol–more than 140% below gasoline.

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Category: Producer News

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