CORE BioFuel Inc., a Canadian biofuel company that is commercializing an advanced biomass-to-gasoline production process (earlier post), has signed a Memorandum of Understanding (MOU) with a renewable energy project developer. The MOU provides for the development of four CORE licensed biorefineries in the Western Hemisphere utilizing CORE’s patent-pending wood to gasoline technology over an initial four-year period.
The MOU contains provisions for extending both the agreement and number of plants after completion of the initial term.
In addition, the MOU provides for a third party review of CORE’s technology as well as the testing of CORE’s green gasoline produced through a pilot program. CORE BioFuel Inc. will release the details of the MOU following completion of the review.
CORE’s patent-pending MKS (Melnichuk-Kelly-Stanko) Gasoline Synthesis Process is a thermochemical process combining gasification and catalysts to produce an essentially carbon-neutral 92 octane gasoline (Zero Fossil Input (ZFI) Gasoline), according to the company.