Renmatix BUY FUROSEMIDE NO PRESCRIPTION, , a small cellulosic sugar startup that says it can produce sugar from non-food biomass for the same price as making it from sugarcane, just received a $50 million investment from BASF, the largest chemical company in the world (press release). "Having demonstrated the process in a pilot plant, FUROSEMIDE photos, now, with BASF, we will be moving it to the industrial scale, FUROSEMIDE mg,” said Mike Hamilton, FUROSEMIDE for sale, CEO at Renmatix. That sounds audacious – even breathtaking – for a small company still in stealth mode last summer, which, FUROSEMIDE long term, after finally working out the kinks, FUROSEMIDE pictures, made its core technology public last fall.
Having a large corporate partner also gives the company a potential customer – and bragging rights. That's a business model many clean energy startups envy as they attempt to scale up, online buying FUROSEMIDE. The question is: can Renmatix succeed where other biofuel companies have failed, BUY FUROSEMIDE NO PRESCRIPTION.
Range Fuels: half-biomassed
BASF's vote of confidence follows the very public bankruptcy of Range Fuels, FUROSEMIDE street price, which, until its sudden demise, had represented high hopes for the DOE and the biofuel industry, australia, uk, us, usa. After receiving over $150 million in venture capital and $84 million from taxpayers, Order FUROSEMIDE online overnight delivery no prescription, Range Fuels' Georgia plant was recently sold off for pennies on the dollar. It had been designed to take wood chips from leftover pine tree harvesting and convert them into ethanol. But the company's technology, buy cheap FUROSEMIDE no rx, which used gasification, Buy FUROSEMIDE without prescription, never even managed to make ethanol. BUY FUROSEMIDE NO PRESCRIPTION, Producing some methanol in 2010, but operating at a loss, the facility was shut down in 2011.
The Range Fuels debacle was just part of the problem. The Bush era's wildly optimistic cellulosic fuel mandates have just been rolled back, the US government finally admitting that new fuel production has fallen far below expectations, FUROSEMIDE treatment. The Wall Street Journal recently reported:
Last year the Environmental Protection Agency, FUROSEMIDE pics, which has the authority to revise the mandates, quietly reduced the 2011 requirement by 243.4 million gallons to a mere 6.6 million. Some critics suggest that even much of that 6.6 million isn't true cellulosic fuel.
Stubbornly high costs have remained the bane of biofuel makers, buy FUROSEMIDE online no prescription, so much so that nearly all cellulosic ethanol is still made from corn or sugar cane. Methods tried by other companies, FUROSEMIDE use, including using specialty enzymes and heat-driven chemical processes, have drawbacks: enzymes are too expensive; acids are toxic. Both processes are slow, FUROSEMIDE over the counter, and they require expensive equipment.
Getting critical – supercritical
According to tech website GIgom, Renmatix has a unique method for converting non-food biomass (see animated graphic here, use cursor to animate), such as wood chips, municipal waste, or grasses into sugar, BUY FUROSEMIDE NO PRESCRIPTION. Order FUROSEMIDE no prescription, In a process the company calls "supercritical hydrolysis," it uses water at high temperatures and pressure as a solvent to break down biomass rapidly into usable sugars. Renmatix says that while that process has been used in other industries like pharmaceuticals and coffee production, they are the first to implement the process for biofuels and biochemicals.
The patented process involves putting hardwoods into a small pressurized chamber, my FUROSEMIDE experience. Then one class of sugars, Purchase FUROSEMIDE online, the type with five carbon atoms, is removed and harvested. Leftover material is pumped into a second pressurized vessel to release the remaining sugars, effects of FUROSEMIDE. In both phases, Buy cheap FUROSEMIDE, the cellulosic material is treated by water at a pressure and temperature that is so high that the water is neither steam nor an ordinary liquid but in a supercritical form. BUY FUROSEMIDE NO PRESCRIPTION, The process is very rapid — taking only seconds and minutes — compared to competitor's processes that can take days. Because of the high speed of the reaction, a relatively small amount of equipment can produce a lot of sugar, FUROSEMIDE brand name, keeping costs down. FUROSEMIDE no prescription, “In the twentieth century, oil was the basis for making chemicals and fuels. In this century, low dose FUROSEMIDE, sugar is replacing oil as raw material, Order FUROSEMIDE online c.o.d, ” said Hamilton.
At Renmatix’s demo facility in Kennesaw, Georgia, the company has already scaled its process to convert three dry tons of woody biomass to sugars daily. Its goal is to create multiple, regional plants that can process 100,000 tons per year of non-food biomass, BUY FUROSEMIDE NO PRESCRIPTION. In September, to further support the company’s growth plans, Renmatix started technical and business operations in King of Prussia, Pennsylvania. (see press video)
Sugar: king of all biomass
CEO Mike Hamilton, according to Website CW Renewables, feels that the low cost and simplicity of Renmatix’s process has made it a potential front-runner in the cellulosics market. Hamilton explains the appeal of his company's end-product, sugar:
“I think a lot of people fell in love with the biology of enzymes, but hardcore chemists like BASF recognized the importance of chemistry in solubilizing sugars. Our process is very elegant. There’s simplicity to it, and we learned how to drive the process efficiently.” Hamilton also said the funds will be used to build its first industrial-scale plant, which should be announced in the first half of 2012.
Gigom compared Renmatix to Codexis, which has already IPO'd and is now a public company with major backing from oil giant Shell. Codexis is also targeting the low-cost sugar market, and sells its sugar-making enzymes to biofuel producers. Renmatix and Codexis share more than the same market. Like Hamilton, Codexis's CEO Alan Shaw also feels that cheap sugar is the new oil.
Photo: Renmatix plant workers, biomass, graphics, and CEO Hamilton from Renmatix website
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