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biotech

New deal to commercialise sustainable fuels

|12 July 2016|

France/Sweden

Commercialising renewable fuels ideal for use in smaller engines is a key priority for a pioneering new collaboration.

Global Bioenergies, IBN-One and Lantmännen Aspen have agreed a deal on renewable isooctane for specialty fuel applications for use in the two and four stroke small engines used in items like chainsaws and lawn mowers.

Aspen is part of the Swedish Lantmännen group, an agricultural cooperative and Northern Europe’s leader in agriculture, machinery, bioenergy and food products.

Claes Alin, CEO at Lantmännen Aspen said: “We are pleased to secure future access to renewable isooctane, a gasoline component with excellent fuel properties appropriate for specialty fuels. As the original and the key player on the alkylate gasoline market we take our responsibility in striving towards enhanced use of forefront renewables among specialty fuel users.”

The agreement gives Lantmännen Aspen access rights to renewable isooctane for specialty fuel applications, both from the next-to-come Leuna demo plant and from the future IBN-One commercial plant

Bernard Chaud, CEO at IBN-One said: “IBN-One, the first bio-isobutene commercial plant project, is moving forward. We recently announced the completion of the conceptual design phase and are now moving to detailed engineering. Renewable isooctane can easily be derived from bio- isobutene. We are also presently building the business ecosystem: Receiving an off-take intention from an established player in a high-value market segment clearly adds a stone to the building.”

Thomas Buhl, Head of business development at Global Bioenergies added: “A significant part of the isobutene to be produced in our Leuna demo-plant will be converted into isooctane, allowing us to provide batches to Lantmännen Aspen before start of the commercial size plant IBN-One. We are proud to have a major Swedish actor on board of our bio-fuel story, since Sweden is known to be among the pioneering countries regarding biofuels.”

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Written By

Iain is a creative writer, journalist and lecturer, and formerly an editor of two international business publications. Iain is now editor of Innovators Magazine, as well as the strategic content director for OnePoint5Media.

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