Monday, July 6, 2009

Rentech Takes 25% Stake in ClearFuels for its Cellulosic BTL Technology

Rentech Takes 25% Stake in Biomass Gasification Company
June 2009

Rentech, a prominent developer of a Fischer-Tropsch process for the conversion of syngas derived from biomass and fossil resources into synthetic fuels, specialty waxes and chemicals, has acquired a 25% stake in ClearFuels Technology Inc..

ClearFuels has exclusive rights to a proprietary High Efficiency Hydrothermal Reformer (HEHTR) and process for biomass to syngas conversion (BTG). The HEHTR technology can convert multiple cellulosic biomass feedstocks such as sugarcane bagasse and virgin wood waste into clean synthesis gas (syngas) suitable for integration with synthetic gas-to-liquids technologies.

ClearFuels and Rentech will integrate ClearFuels’ BTG technology platform with Rentech’s Fischer-Tropsch Process for the production of certified renewable synthetic jet and diesel fuels at commercial-scale facilities.

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