BioProcess Algae LLC has been selected to receive a grant of up to $6.4 million from the U.S. Department of Energy as part of a pilot-scale biorefinery project related to production of hydrocarbon fuels meeting military specification.
BioProcess Algae is a joint venture among Franklin-based Clarcor Inc., a provider of filtration products, BioProcessH2O LLC, a wastewater purification technology company, and Green Plains Renewable Energy.
The project will use renewable carbon dioxide, lignocellulosic sugars and waste heat through BioProcess Algae's Grower Harvester technology platform, co-located with the Green Plains Renewable Energy, Inc. ethanol plant in Shenandoah, Iowa.
"We believe our Grower Harvester platform will be vital in the development of this project with the DOE," said Tim Burns, president and CEO of BioProcess Algae. "For this project, we will integrate low-cost autotrophic algal production, accelerated lipid production, and lipid conversion in an effort to develop a cost-effective advanced biofuel for military needs. This development is consistent with our current plans to build the next phase of Grower Harvester reactors in Shenandoah."
The project will demonstrate technologies to cost-effectively convert biomass into advanced drop-in biofuels and the recipient is required to contribute a minimum of 50 percent matching funds for the project.
POSTDATA: WARRANTY DEEDS