Alliance BioEnergy gets new CEO and board members in effort to reorient business

July 18, 2018 |

In Florida, the Board of Directors of Alliance BioEnergy Plus has refocus the direction and operations of the company, is in the process of implementing a series of changes which will allow the company to concentrate more efficiently on its core competency, the production of sugars from cellulosic feedstock. The CEO and other key senior members of the company have resigned while two new board members have joined, including a new Chairman.

The newly configured board has appointed Ben Slager as CEO to lead the company forward. The new management and board have consulted with EK Labs, our wholly owned subsidiary, to determine the state of the current technology and the most rapid path forward to commercialization. CTS technology has been tested on nearly 100 different cellulosic materials and achieves clear conversion into sugar in every case. However, the variable compositions of different cellulosic feedstocks allow the process to work at higher efficiencies with some cellulosic materials than others. EK Labs continues to optimize biomass conversion parameters for optimal sugar production.

Ben, along with Director of Research and Technology, Dr. Peter Cohen, has filed patents on a new application of the technology, CTS 2.0, which offers significant improvements in operational efficiency and production capacity. Additional information on the new CTS 2.0 will be released in the coming months as final development and engineering will be completed.

Category: Fuels

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