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NewEnergyBlue Acquires Inbicon Biomass Technology from Ørsted, Expanding Global Reach
Slice of Energy Team
September 19, 2024
Key Highlights:
NewEnergyBlue acquires Inbicon biomass technology from Ørsted, expanding global operations.
Global licensing rights to bioconversion tech now extend beyond the Americas.
NewEnergyBlue biomass refinery processes utilize highly efficient, eco-friendly methods.
First biomass refinery in the U.S. to open in Mason City, Iowa, by 2026.
Technology supports production of 2G bioethanol and clean lignin for industrial applications.
Source: PR Newswire
Notable Quote:
"Corn stalks from America, wheat straw from Canada and Europe, sugar bagasse in Brazil and India—all over the world, billions of tons of botanical waste are left behind after annual harvests. We're doing our part to take the fossil out of fuels, the oil out of plastics, and the heat out of the atmosphere."
Our Take:
NewEnergyBlue’s acquisition of Inbicon technology marks a pivotal step in the renewable energy landscape, enhancing the production of next-generation biofuels and biochemicals. By expanding global licensing rights and advancing eco-friendly refinery processes, NewEnergyBlue positions itself at the forefront of sustainable energy innovations. The upcoming Mason City refinery will be a key milestone, contributing to the reduction of carbon emissions in transportation and manufacturing sectors, while paving the way for a greener future.