GeoSynFuels: 50 Hottest Companies in Bioenergy candidate profile

GeoSynFuels
Based in: Colorado
2008-09 ranking: Unranked

Business: Simultaneous Saccharification and Solid-State Fermentation for Ethanol and potential for other advancd biofuels such as biobutanol. GeoSynFuels is currently a development company focused on the construction of our continuous pilot plant.  We have applied for a DOE grant to fund this development but have a contingency plan for Jan 1 2010 should we not be awarded a grant.

Model: Build, own and operate.

Past milestones:

1. Complete engineering design for pilot plant  2. Develop effective 5-carbon fermentation microbe and process 3. Establish in-house proprietary pretreatment capabilities for large scale testing.

Future milestones:

1. Build and operate pilot facility.  2. Commence construction of first commercial plant. 3. Develop business opportunities outside USA

Metrics: Costs are highly dependant on the feedstock under considerration and the particulars of the process.  GeoSynFuels has several processing routes that range from treating beetle killed pine for both hemicellulose and cellulose conversion and fermentation to treating waste fiber (MSW, waste paper, etc) whcih requires no pretreatment.  The beetle kill process has a projected price of $1.25 per gallon while the waste fiber process will be less than $1.

GeoSynFuels quotable quotes:

“Much of GSF’s competitive advantage comes from the simplicity and scalability of the process but additional advantages come from a strategy of rapid scaleup, recognition of the existing commercialization barriers and strategic industrial partnerships.  Project capital costs are up to 5 -10X lower than competing processes and operating costs in the $1 per gallon range.  ”

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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