BiotechnologyNewEnergyBlue acquires Inbicon biomass conversion technology and international patent portfolio
NewEnergyBlue, the clean-technology designer of biomass refineries that turn agricultural waste into highly decarbonized biofuels and biochemicals, has finalized its purchase of Inbicon biomass-conversion technology from Ørsted, a renewable energy company based in Denmark. NewEnergyBlue’s acquisition extends its scope of operations worldwide, includes ownership of Inbicon’s international patent portfolio, and conveys global licensing rights for the bioconversion technology. A previous licensing agreement was exclusive just to the Americas. “Corn stalks from America, wheat straw from Canada and Europe, sugar...