In Canada, Comet Biorefining has successfully closed an investment round to fund its proposed cellulosic sugar production facility using stover and wheat straw as feedstock. PM Equity Parnership, the corporate venture and private equity investment arm of Philip Morris International, led the financing round that was also joined by Bioindustrial Innovation Canada (BIC) and Sofinnova […]
In April, we reported that Comet Biorefining has signed an off-take agreement with bio-succinic acid producer BioAmber for cellulosic dextrose from Comet’s upcoming first commercial plant in Sarnia, Ontario. The dextrose will be produced from agricultural residues using Comet’s innovative technology. The agreement also provided increasing shape to the development of an biobased industrial cluster in […]
In Ontario, Comet Biorefining has signed an off-take agreement with bio-succinic acid producer BioAmber for cellulosic dextrose from Comet’s upcoming first commercial plant in Sarnia, Ontario. The dextrose will be produced from agricultural residues using Comet’s innovative technology. The agreement also provides increasing shape to the development of an biobased industrial cluster in the Sarnia […]
In Canada, Ontario-based farmer’s cooperative, confirms that it has entered into a memorandum of understanding with Comet Biorefining to collaborate on the development of a sustainable agricultural biomass supply chain in southwestern Ontario. Comet Biorefining recently announced Sarnia, Ontario as the location of its commercial-scale biomass-derived sugar facility. The plant will require over 60,000 tonnes […]
In Canada, Sustainable Development Technology Canada awarded Comet Biorefining a CA$10.9 million grant for the construction of its first-of-a-kind advanced bio-based chemicals plant. Located in Sarnia, Ontario, the plant will use proprietary conversion technology to transform corn stover, an agricultural residue, into high-purity dextrose sugar. What does Comet make, and why is that important? Bottom […]
By Edward Dodge, Special to The Digest Day 2 at ABLC2016 featured another packed schedule of prominent speakers from across the bioeconomy. Marcel Van Berkel from GFBiochemicals announced that they have acquired Segetis, the green chemistry firm from Minnesota. GFBiochemicals is the leading producer of levulinic acid which can replace a range of petroleum […]
In Canada, Comet Biorefining Inc announced the closing of a funding round led by Sofinnova Partners. Comet will use the proceeds to complete the design of its commercial facility, expand the team and continue to develop commercial partnerships. Comet has developed a proprietary technology for the conversion of wood, wheat straw, bagasse, corn stover and […]
In Canada, Comet Biorefining announced that it has begun fabrication of a cellulosic sugar toll processing plant to be located in Southwestern Ontario. This facility will produce cellulosic sugar on a tolling basis for current and potential Comet customers and licensees. The Comet Cellulosic Sugar Process is feedstock flexible and produces low cost cellulosic sugar […]
