In Wisconsin, Virent Energy Systems was awarded the EPA’s Presidential Green Chemistry Challenge Small Business Award for its development of a proces to convert plant sugars into hydrocarbon fuels. Virent was ranked #3 in Biofuels Digest’s 50 Hottest Companies in Bioenergy for 2008-09.
Virent CTO Randy Cortright told Chemistry World that “Virent’s ‘Bio-forming’ process produces between 30 and 50 per cent more energy per acre of biomass than ethanol for any given crop. And because the hydrocarbons produced are the same as those found in fossil fuels, vehicles do not need to be modified to use the biofuel as they would if they were to run on ethanol.”
Free Subscription to the Daily Biofuels Digest e-newsletter
Related Stories
Virent wins EPA Green Chemistry Prize for drop-in fuels solutionIn Wisconsin, Virent Energy Systems was awarded the EPA's Presidential Green Chemistry Challenge Small Business Award for its development of a proces to convert plant sugars into hydrocarbon fuels. Vi...
Simply Green Biofuels nabs Maine Environmental Hero awardIn Maine, Simply Green Biofuels received the Maine Environmental Hero Award, which will be awarded at the Going Green Expo in Saco. The award was given in recognition of a bailout of 75 customers stra...
Virent Energy Systems was named Technology Pioneer 2009 by the World Economic ForumIn Wisconsin, Virent Energy Systems was named a Technology Pioneer 2009 by the World Economic Forum. Last year, LS9 was a recipient of the award, which was given to 34 companies in 15 countires. Viren...
BP Solar CEO to become new CEO of Virent, as bioforming technology readies for commercializationIn Wisconsin, the Shell Oil-backed green gasoline company Virent Energy Systems announced that the CEO of BP Solar, Lee Edwards, will become CEO of Virent in January as the company moves towards comme...
Sustainable Chemistry Alliance launches quarterly newsletterThe Sustainable Chemistry Alliance has launched a quarterly newsletter – SUSCHEMALLIANCE — with 4 to 5 key articles per issue. The newsletter will highlight the commercialization of sustainable ...
Virent aims to raise $25-$40 million in Series C financingIn Wisconsin, Virent Energy Systems said that it intends to raise $25 to $40 million in its Series C financing, and said that the new round would be led by new investors although participation is expe...