USPTO grants Neol Biosolutions patent for MicroBiOil-1

By Ron Kotrba | June 13, 2014

The U.S. Patent and Trademark Office has granted Neol Biosolutions, a 50/50 joint venture between the Neuron Bio Group and Repsol, a patent for its MicroBiOil-1 technology that converts crude glycerin from biodiesel production into triglycerides. 

The company reports that the technology has already been demonstrated at semi-industrial scale and it has entered the commercialization phase, whereby Neol is promoting the sale of licenses or partnerships for co-licensing.

Click here for more information. 




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