Last update: 23.12.2010
TMO and Fiberight sign 20-year contract
Source : biofuels-news.com
On 20 September 2010 TMO Renewables, a developer of a new process for converting biomass into ethanol for transportation fuel, has entered into a 20-year exclusive contract with clean tech company Fiberight. The contract could be worth in excess of $25 million (€19.09 million) a year and will see Fiberight design and build a number of US-based bioethanol refineries. The plants will combine the TMO process, which optimises waste feedstock conversion using a speciality bio-organism and Fiberight’s fractionation and digestion technology to improve the conversion of municipal solid waste and associated cellulosic waste into ethanol. The site and funding for the first facility has already been secured and will break ground next year.
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21 September 2010 |
United States & Canada
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