Richmond BizSense is reporting that Vireol Bio Energy, a bankrupted ethanol plant located in Virgina, confirmed they will pay creditors around $0.29 for every $1 they’re owed by the company. This amounts to about $1.7 million to potentially be paid out on around $4.98 million in debt claims.- Mitsubishi Chemical Corporation and Mitsui Zosen Machinery & Service have agreed to form a business tie-up to produce and sell zeolite membranes. With the goal of entering new markets and expanding sales, MCC will purchase MZM’s entire output of zeolite membranes and hold the sole sales rights in the U.S. and other global markets. Their agreement also provides proposals for new dehydration processes that will draw upon both companies’ technologies.
- Alliance BioEnergy Plus has announced that as the scientific and engineering team at subsidiary Ek Laboratories continues to optimize the CTS process for dry distiller’s grain (DDG) and various other cellulose biomass, the team has developed a pathway to produce JP-8, an advanced military grade aviation biofuel, at the suggestion of government officials at the DOE and NREL. Much like the commercial aviation fuel, Jet A-1 except with the addition of corrosion inhibitors and anti-icing additives in order to meet the stringent U.S. and British defense standards.
