ZeaChem Selected for $4.6 million Award from California Energy Commission to Develop Renewable Low-Carbon Biofuels
LAKEWOOD, Colo., Oct 18, 2012 -- ZeaChem Inc., developer of highly-efficient biorefineries, announced today it has been selected as a proposed recipient of a $4.6 million award from the California Energy Commission for the development of a pilot plant at its Menlo Park, Calif. research and development (R&D) facility to scale up the company's C3 (three-carbon atom) product platform for advanced biofuel production. The proposed award, which the Energy Commission will consider at a future business meeting, will enable the production of low-carbon drop-in bio-based gasoline, with identical chemical structure and performance as petroleum-based gasoline, from woody biomass and agricultural residues. The award will also cover costs for completion of a commercial feasibility study, which will analyze market acceptance of advanced fuels and the regional supply chain for a potential commercial scale biorefinery in Northern California.
"ZeaChem thanks the California Energy Commission for selection of this award, which will accelerate the commercialization of our C3 platform of bio-based fuels," said Jim Imbler, president and chief executive officer of ZeaChem. "We are working to establish an advanced biofuels supply chain to provide the state with a sustainable, economic source for low-carbon gasoline."
ZeaChem is creating the industry's first truly integrated cellulosic biorefineries, capable of producing a broad portfolio of fuel and chemical products from renewable biomass. ZeaChem's model for commercializing its biorefining technology allows it to scale up one product platform while developing the next in the R&D phase. ZeaChem is deploying its C2 (two-carbon atom) product platform at the demonstration scale in Boardman, Ore. for the production of cellulose-based acetic acid, ethyl acetate, ethanol, jet fuel and diesel. ZeaChem's first commercial biorefinery is under development. The C3 product platform is the next product portfolio being scaled-up by ZeaChem to further diversify the company's product offering for the fuel and chemical industries.
About ZeaChem Inc.
ZeaChem Inc. has developed a cellulose-based biorefinery platform capable of producing advanced fuels and intermediate chemicals. ZeaChem's indirect approach leapfrogs the yield and carbon dioxide (CO2) problems associated with traditional and cellulosic based biorefinery processes. In addition, ZeaChem has a significant capital cost advantage compared to other cellulosic technologies. By efficiently extracting the most energy possible from biomass feedstocks, ZeaChem significantly increases output while reducing both production costs and environmental impacts. Incorporated in 2002, ZeaChem is headquartered in Lakewood, Colo. and operates a research and development laboratory facility in Menlo Park, Calif., and a demonstration biorefinery in Boardman, Ore.
Please visit www.zeachem.com for more information.