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KiOR and Catchlight Energy sign feedstock supply agreement

KiOR, Inc., developer of a catalytic pyrolysis process to produce renewable oil from biomass, and Catchlight Energy LLC (CLE), a 50-50 joint venture between subsidiaries of Chevron Corporation and Weyerhaeuser Company focused on providing liquid transportation fuels from sustainable forest-based resources, have signed a feedstock supply agreement.

Under the agreement, Catchlight Energy will supply forestry-based feedstocks required by KiOR’s first commercial renewable fuel production facility in Columbus, Mississippi.

The announcement follows the fuel offtake agreement signed between the two parties in April, in which Catchlight Energy agreed, subject to satisfaction of product specification criteria and RIN certification of the products as cellulosic biofuels under the US Renewable Fuel Standard, to purchase gasoline and diesel fuel blendstocks from KiOR’s Columbus, Mississippi facility. The companies have also signed a Testing and Optimization Agreement to optimize the compatibility of KiOR’s blendstocks with Chevron’s facilities.

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