Dynamotive Energy, IFP, Axens to commercialize pyro oil-to-fuel technology in France

In Canada, Dynamotive Energy, IFP Energies nouvelles, Axens and Dr. Radlein completed heads of agreement for the development, scale-up and commercialization of Dynamtive’s proprietary pyrolysis oil upgrading process to produce second generation biofuels.  Renewable Oil Corporation is a further counterpart of the agreement. ROC rights and participation are subject to completion of certain conditions between the parties.

Under the terms of the agreement IFPEN would continue the development of the pyrolysis process at its facilities in France. Axens would contribute to the final stages of the process development and would commercialize the process once it reaches commercial stages.