Wednesday, May 11, 2011

Primus Green Energy Biopetroleum Breakthrough

The US based subsidiary of Israeli Corp (IC) has found a way to produce 93-octane rated gasoline from biobased feedstocks, which could create a drop-in greener option at the pumps in the future.

The process developed by Primus Green Energy Ltd converts waste biomass from agriculture into standard gasoline; not alcohol fuels such as ethanol or butanol but it is chemically identical to the gasoline currently in use and the company says it can be produced cost competitively. The fuel has the same properties and performance and can be run in conventional gasoline engines without any modifications or changes to fuel distribution infrastructure.

President of IC Green Energy, Dr. Yom-Tov Samia;
"Primus GE can produce 2,000 gallons of biofuel at its pilot facility. Primus GE's technology could lead to a positive revolution in the fuel industry, and signals a possible rehab from dependence on oil. IC Green Energy was founded in 2007 on the basis of Idan Ofer's vision to enter the renewal energy field. Fuel production from wood residue is another aspect of this strategy."

Primus is now working towards commercializing the product and they are in contact with a number of groups who they will use to assist them. Having built a pilot production facility they have partnered with aviation giants Lockheed Martin for engineering services to develop bio-jet fuel for the department of defense. They have a letter of intent from Eco Energy, which currently handle 20% of biofuel commerce in the US. To ensure that the company has enough biomass for production, Primus has been in contact with agricultural companies to negotiate use of marginal land for crop growth and also with forestry companies to gather their waste for use as feedstock. Landmark Ventures are also co-operating with Primus for future financing.

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