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20 July 2017—Shell and SBI BioEnergy have signed a contract giving Shell exclusive development and licensing rights to SBI BioEnergy’s patented carbon negative drop-in biofuel. This technology, a continuous catalytic process called PICFTR or “Process Intensifying Continuous Flow-Through Reaction,” can convert a range of lipid feedstocks into renewable drop-in gasoline, diesel, and jet fuel.
The two companies will collaborate to demonstrate the potential of SBI’s technology, and plan to scale up for commercial production by the end of the decade. Demonstration will occur at SBI’s new drop-in renewable diesel and jet fuel facility in Edmonton, Alberta. See the SBI BioEnergy press release and Biofuels Digest article for more information about the demonstration, licensing agreement, and the new technology.
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