LS9 wins Technology Pioneer Award at World Economic Forum for its synthetic hydrocarbon fuels

In California, LS9 executives attended the World Economic Forum in Switzerland, where the company received a Technology Pioneer award for the company’s development of hydrocarbon fuels made from cellulosic feedstock. LS9’s fuels are designed to closely resemble petroleum fuels, but are specially engineered to be clean, renewable, domestically produced and cost competitive with crude oil.

The company says that its trademarked DesignerBiofuels product line are compatible with existing infrastructure, including pumps, pipelines and vehicles. LS9 is now in the process of moving its products from lab to commercialization.

Gristmill reported last August on the progress of LS9. The venture, backed by ethanol venture capitalist Vinod Khosla’s Khosla Ventures, predicts that its process will yield 50% more energy from the same feedstocks as used today, will use 65% less energy in the process, can be transported by existing oil pipelines and used in non-flex-fuel engines.

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