Sustainable Technology Corporation, a subsidiary of Petron Scientech, Inc., has completed the acquisition from DuPont, the complete technology assets for the world-class, second-generation technology developed and demonstrated by DuPont, capable of commercially producing ethanol from cellulosic biomass.
The acquired assets include all associated intellectual property and patents including that for process design and the zymomonas ethanologens. The acquisition of this technology by Sustainable Technology Corporation allows Petron Scientech to expand the family of renewable fuels and chemicals technologies that it licenses and provides, including those to produce biofuels, olefins from alcohols, including ethylene from ethanol, ethylene oxide and ethylene glycol, along with other ethylene derivatives such as polyethylene, EDC and SBR .
Sustainable Technology Corporation plans to license the technology globally including in biorefineries under development by BioChem USA, LLC.
About Sustainable Technology Corporation
Sustainable Technology Corporation, with headquarters in Princeton, NJ, USA, offers ecological and sustainable technologies for the biofuels and chemicals markets, replacing fossil-based feedstocks. Sustainable Technology Corporation was formed to help lead the way to a more sustainable world.
About Petron Scientech, Inc.
Petron Scientech, Inc., with headquarters in Princeton, NJ, USA for nearly thirty years has been a leading developer and licensor of chemical process technologies using both renewable and petroleum feedstocks. Petron maintains engineering offices in New Jersey, Portugal and India. Petron’s technologies are deployed globally in commercial operations. Petron’s technologies are helping to lead the shift to sustainable products. One example is its ethanol to ethylene technology has been selected by leading developers of technology to produce renewable jet fuel from alcohols (ATJ).
Source
Petron Scientec, Sustainable Technology Corporation, joint press release, 2019-10-09.
Supplier
BioChem USA, LLC
DuPont
Petron Scientech Inc.
Sustainable Technology Corporation
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