Small scale biofuel refiner, Cool Planet Energy Systems from the US, is getting closer to its ultimate business plan to build biofuel refineries across the US and Asia following a funding tranche and a joint venture. The company has an enviable list of corporate venturing backers including Google Ventures and BP.
Cool Planet Energy Systems, a company that runs small scale bio refineries to convert non-food biomass into high-octane, drop-in biofuels, has signed an agreement with Concord Energy to establish a joint-venture in the Asia Pacific Region. The JV will develop commercial production facilities for the conversion of non-food biomass into biofuels and soil enhancing biochar.
Concord Energy is one of Singapore’s largest crude oil and refined petroleum product trading companies, with businesses in Asia, Middle East, Europe, North and West…
