April 20, 2011

Cobalt Technologies and American Process Partner to Build Cellulosic Biobutanol Refinery

Cobalt Technologies and American Process Inc. (API) today announced an agreement to build the world's first industrial-scale cellulosic biorefinery to produce biobutanol. Additionally, the companies agreed to jointly market a GreenPower+™ Biobutanol solution to biomass power facilities and other customers worldwide.

GreenPower+™  Biobutanol technology selectively converts part of  a boiler cellulosic biomass feedstock into renewable biobutanol, a valuable industrial chemical, widely used in paints and other coatings and a platform for production of renewable jet fuel and other valuable compounds.

Under the agreement, Cobalt Technologies and American Process will integrate Cobalt's patent pending continuous fermentation and distillation technology into American Process's Alpena Biorefinery, currently under construction in Alpena, Michigan. Slated to begin ethanol production in early 2012 with a switch to biobutanol in mid 2012, the API Alpena Biorefinery will produce 470,000 gallons of biobutanol annually, which will be pre-sold to chemical industry partners.

"We are excited to be partnering with American Process to commercialize our technology," said Rick Wilson, Ph.D., and CEO of Cobalt Technologies. "The American Process Alpena Biorefinery plant gives us a great opportunity to demonstrate our technology at a commercial scale and provides an excellent model for how GreenPower+ Biobutanol technology can add value to biomass power facilities.  We expect to move quickly from running the Alpena plant to building multi-million gallon facilities."

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