Biotech company Dyadic International, Inc., has announced details of its program to build a large-scale biomass-to-ethanol plant. This company news release says in the 2G BIOPIC, a new advanced biofuels project funded by a $1.13 million grant from the European Commission’s Horizon 2020 program, Dyadic will work in collaboration with Compagnie Industrielle de Matière Végétale (“CIMV”) and five other industry partners.
Dyadic’s Chief Operating Officer, Danai Brooks, stated, “We are pleased to continue working closely with CIMV, and believe that Dyadic’s C1 enzymes will play a critical role in the 2G BIOPIC project success. The aim of 2G BIOPIC is to demonstrate the performance, reliability and sustainability of producing bioethanol from agriculture waste and wood. The demonstration plant built in the 2G BIOPIC program will process one ton of biomass per hour, or about 50 times the size of the CIMV pilot plant upon which the project is based. Successful funding of the 2G BIOPIC program further highlights the strength of Dyadic’s C1 Expression System in the field of advanced biofuels.”
Emmanuel Dutournier, CIMV’s Chief Financial Officer, Member of the Board of Directors and 2G BIOPIC Program Coordinator, continued, “2G BIOPIC is the second EU funded program where we are collaborating with Dyadic Netherlands. The first program Biomimetic, which deals with depolymerization of our BioligninTM, opens up many opportunities and we look forward to furthering our work together with the Dyadic team. We believe that the Dyadic and CIMV technologies are highly complementary, as Dyadic’s C1 enzymes work particularly well with the purer plant material produced from CIMV’s biomass pretreatment technology.”
The grant will be paid out over three years, with the first approximately $500,000 paid up front.