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Monday, 09/02/2013 5:46:56 AM

Monday, September 02, 2013 5:46:56 AM

Post# of 6407
I wonder if the SucreSource plant has anything to do with this, hmm......


GS Caltex to mass-produce alternative fuel this year

"GS Caltex is aiming to commercialize biobutanol as a renewable fuel for cars that could be used as a substitute for gasoline later this year, market insiders in the oil refinery industry said Wednesday.

The company has reportedly set the launch for the fourth quarter of 2013. It is operating a factory which has the capacity to produce biobutanol from sugar or wood under a joint research project with the Korea Advanced Institute of Science and Technology."


http://nwww.koreaherald.com/view.php?ud=20130327000814


This is what Klann stated back in Feb 2012 when SucreSource signed the agreement with GS Caltex:

“This agreement validates SucreSource’s business model of selling its cellulosic sugars and, as in this case, sugar producing process to synergistic back end proprietary chemical companies to produce high value products,” said Arnold Klann President & CEO. “As a major petroleum producer, GS Caltex is a perfect partner with which to initiate the business build out. Korea, like the U.S., China, and several other nations, is moving away from food-based sugars to produce high-end products such as biobutanol, ethanol, ethyl levulinate and various other chemicals. SucreSource is a first mover in this space and has the proven technology to meet this increasing cellulosic sugar demand head-on. This facility will be the first of many to be built.”

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