Vertimass Receives Support from US Department of Energy
December 10, 2014http://www.biofuels-news.com/industry_news.php?item_id=8614
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The fuel technology company Vertimass has been selected for the negotiation of an award to receive a $2 million grant from the US Department of Energy.
The grant was awarded to enable the commercialization of 'green' catalyst technology that converts ethanol into petrol, diesel and jet fuel blend stocks that remains compatible with current transportation fuel standards. The company now intends to expand the ethanol market.
"With the ability to add the catalyst to existing plants at a rapid pace and low cost, the new product will help meet the goals of the Renewable Fuel Standard and also aid the Federal Aviation Administration achieve their target of 1 billion gallons of renewable aviation fuel by 2018," Charles Wyman, president and CEO of Vertimass.
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