Elevance gets $2.5m grant to fund bio-refinery

Published: 14-Dec-2009

Elevance Renewable Sciences has received a $2.5m grant from the US Department of Energy to fund the preliminary engineering design for a demonstration scale integrated bio-refinery to produce specialty chemicals and advanced biofuels from renewable sources.


Elevance Renewable Sciences has received a $2.5m grant from the US Department of Energy to fund the preliminary engineering design for a demonstration scale integrated bio-refinery to produce specialty chemicals and advanced biofuels from renewable sources.

The project will be based on Elevance’s core olefin metathesis technology, which converts plant oils to multiple streams of high value specialty chemicals and produces enhanced biofuels. According to Elevance, the plant may be located in Newton, Iowa although final site selection details have not been completed.

“This grant will further accelerate the commercialisation of our novel bio-refinery and the many renewable products it will produce,” said K’Lynne Johnson, ceo of Elevance. “We look forward to commercialising a technology that can benefit the country and the entire chemical industry.”

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