BUSINESS GUIDE European quality exceeding its price! Pelletherm V.4 Long Time 18 kW 25 kW 30 kW mechanically self cleaning Tested and approved according to EN 303-5 Abengoa hit financial turbulence Bioenergy International No 83, 7-2015 31 Torpängsvägen 2, SE-148 60 Stora Vika +46 (0)8-10 99 15 +46 (0)739-823 066 info@fbio.se www.firstbioenergy.se ! " ! # ! !! ! ZZZFIQLHOVHQFRP± 0DUNHW/HDGHU IRU\HDUV« ‡%LRPDV%RLOHUV ‡25&&oJHQHUaWLRQ ‡TuUQKH\3ODQWV US-based advanced renewable fuel and biochemical platform technology company, Gevo Inc., has announced that it has entered into a license agreement and a joint development agreement with India-based ethanol plant engineering, procurement and construction (EPC) provider, Praj Industries Ltd, to enable licensing of Gevo’s isobutanol technology to processors of non-corn based sugars, including the majority of Praj’s global client base of ethanol plant owners. Praj will invest in the development and optimization of Gevo’s isobutanol technology for use with non-corn feedstocks including sugarcane, High efficiency Low emissions Low running costs sugar beet, cassava, rice, sorghum, wheat and certain cellulosic sugars. This is anticipated to lead to process design packages (“PDP”) that would be expected to accelerate the licensing of Gevo technology to users of these feedstocks. The duo will also work to commercialize Gevo’s technology for making renewable jet fuel from isobutanol in India. Gevo and Praj expect to license up to 250 million gallons of biobutanol capacity over the next ten years under this partnership. BI83/5080/AS Gevo and Praj sign licensing and development deals tel. +359 38 60 30 49 e-mail: sales@ecotherm.bg Ekoterm Proekt EAD www.greenecotherm.eu 67 Saedinenie Blvd. 6300 Haskovo, Bulgaria ashtray cleaning in 30 days Proekt EAD 67 Saedinenie Blvd tel On November 25 Spain-based energy and environment technology developer, Abengoa, notified Spanish securities market commission that it intends to apply for article 5 bis of the Spanish insolvency law. The company, which only two days prior announced winning a major contract for a power plant in Jamaica, cited termination of a framework agreement by one of its major creditors, Gonvarri Corporación Financiera. The company will have four months to reach an agreement with its creditors. Abengoa have numerous projects including advanced biofuels. BI83/5131/AS
Bioenergy International no 7 December 2015
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