STC acquires DuPont’s G2 ethanol technology assets
Type of post: NEWS IN BRIEF.
Sustainable Technology Corporation (STC), a subsidiary of Petron Scientech Inc., has completed the acquisition of DuPont’s
2G ethanol technology assets, capable of commercially producing ethanol from
cellulosic biomass.
Ethanol Producer Magazine: “Sustainable Technology acquires
DuPont’s G2 ethanol technology”, 18/10/2019.
Figure 1. Logo of STC
The acquired assets include all associated
intellectual property and patents including that for process design and the zymomonas
ethanologens. The acquisition of this technology by STC allows Petron
Scientech to expand the family of renewable fuels and chemicals technologies that
it licenses and provides (biofuels, olefins from alcohols, ethylene oxide, ethylene
glycol, PE, EDC and SBR). STC plans to license the technology globally, including
in biorefineries under development by BioChem USA LLC (see “BioChem
USA to set up a biorefinery in the Indian state of Gujarat”, 6/2/2019).