Epec Biofuels Holdings has completed its first supply chain partner (SCP) agreement with BioDimensions Delta BioRenewables (BDBR) of Memphis, Tennessee, US to commercially further its Ethanol 2.0 industry integration platform.
The company developed Ethanol 2.0 industry integration platform which is a US equivalent of Brazilian ethanol from sugar cane.
Epec CEO Ron Miller said since effective ethanol production begins by fermenting sugars, BDBR’s developing capabilities to produce domestic industrial sugar feedstocks are the cornerstone of what will become the foundation for Ethanol 2.0™ production."
"By committing our resources, both capital and human, to BDBR’s effort, we minimize the risk, capital, and time required to achieve the commercially viable sweet sorghum ‘sugar platform’," continued Miller.
Epec executive chairman Steve Vanechanos said BDBR’s distributed production ‘sugar platform’ is unrivaled in the US.
"This capability makes them an ideal partner for helping attract additional SCPs to our linchpin Industry Integration effort," Vanechanos added.
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By GlobalDataEpec is making investment in BDBR in exchange for certain exclusive technological rights, equity position, and board participation.
BDBR will become a stragtegic partner with Epec’s with regards to its industry integration platform.
BDBR technology manager Randy Powell said Epec’s investment in the company will move its program from the R&D stage to commercial demonstration.
"Epec’s core competencies are a natural complement to our own, making it an exceptionally attractive investment partner," Powell added.
"Both companies are now better positioned to develop new products; deploy sweet sorghum production and processing technology; and advance the interest of an emerging sweet sorghum industry."
InterCore Energy CEO and Epec director James F Groelinger said, "Epec has strategically positioned itself with its Supply Chain
Partner program and I believe the InterCore investment in BDBR is an important step on the road to an Epec-led commercially viable domestic advanced biofuel industry."
BDBR a US based company produces, processes, and downstreams utilisation of sweet sorghum and integrates a mechanised system from field-to-factory.
