Alder Fuels CEO Bryan Sherbacow wins the 2022 Global Bioeconomy Leadership Award for 2022

February 7, 2022 |

In Florida, The Daily Digest announced that Alder Fuels CEO Bryan Sherbacow will receive the 2022 Global Bioeconomy Leadership Award and will give the Global Leadership Address at ABLC 2022, the Advanced Bioeconomy Leadership Conference, on March 17, 2022.

The Award recognizes world and world-class leadership achievement in the advanced bioeconomy. Previous winners of the Award are: Thomas Vilsack, US Secretary of Agriculture; Ray Mabus, former US Secretary of the Navy; POET CEO Jeff Broin; and LanzaTech CEO Jennifer Holmgren.

“This Award recognizes the growing strategic importance in the commercialization of sustainable, affordable, available aviation fuels, and Bryan Sherbacow’s long-standing leadership in bringing this key technology to scale,” said Digest editor & publisher Jim Lane. “He has led on technology, led on partnership, led on policy and led on scale for more than ten years. As the industry looks to advance production to meet President Biden’s goal of 3 billion gallons of SAF by 2030, as well as ambitious targets in other countries around the world, we expect that Bryan will continue to innovate and re-define. He was in the front seat in the earliest days of SAF and remains there as it enters its next amazing chapter. That’s what leadership is all about.”

As CEO of Alder Fuels, a clean tech development and production company, Mr. Sherbacow is leading commercialization of a proprietary process to produce carbon negative crude oil that is scalable and cost-competitive with the petroleum it replaces. The technology converts abundant biomass from regenerative agriculture, wood processing, forest and crop residues to energy dense crude oil. Critical to rapid, world-scale deployment, the biocrude is compatible with existing petroleum refining and logistics infrastructure. The resultant jet and diesel products meet the same ASTM specifications and certifications of the fossil fuels they replace.

Alder has entered a joint technology development and licensing agreement with Honeywell UOP. United Airlines has contracted to purchase 1.5 billion gallons of SAF from Alder, the largest publicly announced SAF agreement in aviation history. The Company’s research is further supported by the U.S. Defense Logistics Agency, the U.S. Department of Energy (DOE) and a partnership with DOE’s National Renewable Energy Laboratory. United and Honeywell are also equity investors in Alder Fuels.

Previously, Mr. Sherbacow co-founded AltAir Fuels, which developed the world’s first refinery designed to produce SAF. Mr. Sherbacow was responsible for identifying strategic industry partners and equity investors in addition to negotiating

contracts for the refinery JV, technology licensing, engineering and construction. Commissioned in January 2016, AltAir Paramount converted a petroleum refinery to the production of SAF, renewable diesel, naphtha and propane. Mr. Sherbacow negotiated the aviation industry’s first commercial contracts for SAF with United Airlines and World Fuel Services. Additionally, he executed the first contract for operational use of renewable diesel fuel by the U.S. Navy. Subsequent contracts included Gulfstream, Boeing, UPS, Amazon and Shell. In March 2018, Mr. Sherbacow facilitated the acquisition by World Energy of AltAir and the Paramount refinery assets.

Mr. Sherbacow also serves as Chairman of the Low Carbon Fuels Coalition and a steering committee member of the Business Aviation Coalition for SAF.

The Daily Digest is the world’s most widely-read bioeconomy daily, with more than 5 million unique readers, and organizes ABLC, the Advanced Bioeconomy Leadership Conference in Washington and San Francisco each year, which is also carried to a global audience via the Digest’s streaming service.

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