Axens, IFPEN and Dynamotive to Develop and Commercialize Process for Upgrading Bio-Oil to Transportation Fuels
The process, initially developed by Dr Radlein and Dynamotive, has involved IFPEN for the past years during which extensive analysis and verification of economic and technical parameters concluded that the process has competitive advantages when compared to existing processes and competing technologies.
In pursuit of the development, laboratory scale units were developed and operated in Canada and in France at IFPEN facilities in Lyon where Dynamotive’s bio-oil was upgraded to synthetic hydrocarbons. This predevelopment work has led to patent applications by IFPEN, Dynamotive and Dr. Radlein.
The agreements mark the completion of Dynamotive’s investment program in the process as IFPEN commits to develop the full bio-oil upgrading technology. Dynamotive on its part will cooperate in provisioning pyrolysis oil to IFPEN for the development program. Axens will finalize the development of the upgrading technology, and will be in charge of its industrialization and commercialization.