Neol to perform ag-waste-to-oil scale-up testing at CB2G
Grenada, Spain-based Neol Biosolutions S.A. announced it has reached an agreement with the Center for Second Generation Biofuels (CB2G) of the Spanish National Renewable Energy Center (CENER) to initiate scale-up testing of its Microbioil-2.0 technological platform.
Microbioil-2.0 is said to produce large quantities of oil from different types of agricultural waste of different origins, such as wheat straw or sugar cane bagasse, using the microorganism Neoleum, discovered and developed by Neol. The oils can be used as feedstock for production of advanced biodiesel or other oleochemicals derivatives.
According to Neol, the firm chose CB2G to perform this work because of the center’s equipment that allows multi-ton scale-up, and the experience of CB2G’s scientific team.
“This new milestone is very relevant in the race towards commercialization of the technologies owned by Neol,” the company stated. “Thus, it will open new doors to international business relations.”
The Center for Industrial Technological Development, which answers to the Ministry of Economy and Competitiveness, has recently approved funding for the project as part of its funding policies for market applications on R&D projects of Spanish companies.
Neol Biosolutions is a 50/50 joint venture between Repsol and Neuron Bio.