Remfuel Bioenergy: 50 Hottest Companies in Bioenergy candidate profile
Remfuel Bioenergy
Based in: India
2008-09 ranking: Unranked
Business: Developing biofuel technologies, which eliminate transesterification for straight vegetable oil (SVO), animal fat oil and algal oil. REMB-1 is based on a new biodiesel source, which generates multi-fold income to the farmer compared to traditional biodiesel sources like Jatropha and requires no transesterification. The cultivation of this tree also generates an exotic food for human consumption. Novelty of this technology invention is established by acceptance of all 38 claims by PCT as novel and patentable (PCT filed) REMB-2)is a fuel additive, which makes SVO to work as a ‘drop-in’ bio-fuel to blend into diesel. This essentially eliminates the transesterification of fats, and allows any SVO, animal fat oil and algal oil to be used directly as a diesel blend.
Model: License technology(s) for commercial use; existing SVO plantations will benefit from reduction in capital costs.
Past milestones:
1. Development of fuel additives which eliminate need for transesterification
2. Blending agents for gasoline and algal fuel (no transesterification)
3. New plant oils, which do not require transesterification
Future milestones:
1. Licensing/Commercialization of biofuel technologies, which eliminate transesterification
2. Development of open-pond stable algal strain
3. Converting plant biomass to biofuel
Metrics: Technology saves over 30% of manufacturing costs and an independent patent search report indicates that our technology is unique & patentable. REMB-1 – New biofuel blend: US $ 1.3/gallon. REMB-2 – Biodiesel fuel additive: US$ 1.5/ gallon
Remfuel Bioenergy quotable quotes:
“REMB-1 is a nique plant-based fuel source, with no transesterification needs, which also generates food, and provides multi-fold farm income, compared to traditional biodiesel sources.”
“REMB-2, our fuel additive completely eliminates the need for transesterification of any traditionally used oils and cuts biodiesel production cost by over 30%.”
“We have a dedicated R&D team focused on developing innovative technologies in biofuels and are in the process of licensing/commercializing our technologies. We do not have any research partnerships and the research is exclusively the outcome of concerted in house R&D efforts.”
The Hot 50 for 2009-10 will be released Tuesday, 12/1. Between now and then, you’ll see profiles of potential candidates in the Digest, and you’ll have a chance to vote for your favorites. Reader response will count for 50 percent of a company’s overall score in the preparation of the rankings. The remaining 50 percent is voted by a panel of experts.
Information on registering your company for the “50 Hottest Companies in Bioenergy” rankings is here. While registration is not required, completing the candidate profile allows companies to augment information provided to the panel of selectors – registration form materials are also used to create candidate profiles that are published daily in Biofuels Digest.
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