March 1, 2012
BY Ron Kotrba
Three new member companies—Codexis, Velocys and CoolPlanet Energy Systems—joined the Advanced Biofuels Association, the organization announced today, bringing its number of member companies to 40.
“We are thrilled to welcome our new member companies as ABFA continues to attract America’s top biofuel companies among its members,” said ABFA President Michael McAdams. “Our members are demonstrating real world success every day by moving advanced replacement fuels from the beaker to the barrel, all in record time, without a lifetime of federally subsidized handouts. That success allows ABFA to fully engage lawmakers through a cohesive and responsible voice on Capitol Hill at a time when Washington is determined to identify smarter investments in clean energy fuels.”
Codexis is headquartered in Redwood City, Calif., and creates sustainable chemicals, clean fuels, pharmaceutical processes and renewable ingredients that make industry more efficient, productive and profitable. Industrial biotechnology from Codexis reengineers enzymes and microorganisms—“nature’s catalysts”—and puts them to work to solve real global challenges for the world’s largest companies.
Velocys is part of the Oxford Catalysts Group. Velocys Inc. and Oxford Catalysts Ltd. together design, develop and commercialize technology for the production of synthetic oil from waste gas (which would otherwise be flared or reinjected), stranded gas, renewable sources such as waste biomass, as well as coal via Fischer-Tropsch synthesis, a market that has the potential of producing as much as 25 million barrels of fuel a day.
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CoolPlanet Energy Systems is developing revolutionary negative carbon fuels based on plant photosynthesis that absorb carbon from the air. CoolPlanet can make exact replacements for gasoline that will operate in your current cars and, even more advanced superfuels for even higher gas mileage and better performance in future vehicles. CoolPlanetBioFuels division will deploy this technology for the mass production of fuels around the world.
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