INEOS Bio to license syngas fermentation technology

INEOS Group Holdings PLC, one of the three largest chemical conglomerates in the world, has announced the July 1, 2008 formation of a new company, INEOS Bio, whose initial focus will be the commercialization of what they call "the World’s leading second generation bioethanol technology process" to serve the global renewable transport fuels market. The technology has been in development by Bioengineering Resources Inc. of Fayetteville, Arkansas for over two decades. While the process can certainly use cellulosic material as feedstocks (switchgrass, corn stover, wood wastes, rice straw, etc.) it does not produce "cellulosic ethanol" in the purest sense of the term. Through gasification, it reduces all components of the feedstock, not just the cellulose, into a syngas that is then fermented into ethanol with the water filtered... [read full story]