Cellulosic ethanol

Comstock Executes First Biorefinery Commercial Agreement

Retrieved on: 
Thursday, December 28, 2023

VIRGINIA CITY, Nev., Dec. 28, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced execution of agreements with RenFuel K2B AB (“RenFuel”) to advance Comstock’s first commercial biorefinery, including an option to acquire a subsidiary of RenFuel (“JV”).

Key Points: 
  • VIRGINIA CITY, Nev., Dec. 28, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced execution of agreements with RenFuel K2B AB (“RenFuel”) to advance Comstock’s first commercial biorefinery, including an option to acquire a subsidiary of RenFuel (“JV”).
  • The existing engineering work for the JV biorefinery involves integration of the RenFuel process into a pulp and paper mill in Sweden.
  • Comstock and RenFuel are currently evaluating the requirements for inclusion of an additional 25,000 TPY of biorefining capacity based on Comstock’s commercially available Cellulosic Ethanol and Bioleum derived fuels technologies.
  • Sven Löchen, RenFuel’s chief executive officer, added that “we are thrilled with our rapidly expanding strategic partnership with Comstock.

Comstock Fuels Targets More Sustainable Aviation Fuel

Retrieved on: 
Tuesday, December 19, 2023

VIRGINIA CITY, Nev., Dec. 19, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” or the “Company”) and its wholly owned subsidiary, Comstock Fuels Corporation (“Comstock Fuels”), today announced that Comstock Fuels’ biointermediate refining technology partner, RenFuel K2B AB (“RenFuel”), was awarded a Swedish Energy Agency grant of SEK 4.9 million (nearly US$480,000) to demonstrate an enhancement of RenFuel’s patented catalytic esterification processes to refine lignin co-products from paper production into Sustainable Aviation Fuel (“SAF”) at increased yields compared to conventional methods.

Key Points: 
  • VIRGINIA CITY, Nev., Dec. 19, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” or the “Company”) and its wholly owned subsidiary, Comstock Fuels Corporation (“Comstock Fuels”), today announced that Comstock Fuels’ biointermediate refining technology partner, RenFuel K2B AB (“RenFuel”), was awarded a Swedish Energy Agency grant of SEK 4.9 million (nearly US$480,000) to demonstrate an enhancement of RenFuel’s patented catalytic esterification processes to refine lignin co-products from paper production into Sustainable Aviation Fuel (“SAF”) at increased yields compared to conventional methods.
  • “Breakthroughs in SAF availability are critical for achieving net zero aviation timely,” said Corrado De Gasperis, Comstock’s Executive Chairman and Chief Executive Officer.
  • Shifting the resulting product ratio in favor of maximizing Sustainable Aviation Fuel yields using RenFuel’s technology is a primary objective of the work under this grant project.
  • RenFuel optimizing for increased Sustainable Aviation Fuel yields is a very timely and relevant consideration in many of our ongoing commercialization objectives, especially as we prioritize opportunities for the construction of our first commercial scale biorefinery.

Comstock Announces Third Quarter 2023 Results and Corporate Updates

Retrieved on: 
Thursday, October 26, 2023

VIRGINIA CITY, Nev., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced its recent operational highlights, third quarter 2023 results, and updated outlook.

Key Points: 
  • VIRGINIA CITY, Nev., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced its recent operational highlights, third quarter 2023 results, and updated outlook.
  • This resulted in a positive net income reflected in our quarterly and year-to-date results,” said Mr. De Gasperis.
  • Comstock will host a conference call today, Thursday, October 26, 2023, at 4:15 p.m.
  • ET to report its Third Quarter 2023 results and business update.

Comstock Fuels Completes All Validation Milestones

Retrieved on: 
Tuesday, October 17, 2023

VIRGINIA CITY, Nev., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced completion of all milestones required for the scale-up of its proprietary lignocellulosic biomass refining process, culminating in the execution by its wholly owned subsidiary, Comstock Fuels Corporation (“Comstock Fuels”), of an exclusive license agreement with RenFuel K2B AB (“RenFuel”) for use of RenFuel’s patented catalytic esterification process to refine Comstock Fuel’s proprietary Bioleum™ biointermediates in North America, Central America, and South America.

Key Points: 
  • VIRGINIA CITY, Nev., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced completion of all milestones required for the scale-up of its proprietary lignocellulosic biomass refining process, culminating in the execution by its wholly owned subsidiary, Comstock Fuels Corporation (“Comstock Fuels”), of an exclusive license agreement with RenFuel K2B AB (“RenFuel”) for use of RenFuel’s patented catalytic esterification process to refine Comstock Fuel’s proprietary Bioleum™ biointermediates in North America, Central America, and South America.
  • On April 28, 2023, Comstock Fuels entered into a Memorandum of Understanding with RenFuel to obtain an exclusive license for use of RenFuel’s technologies subject to process validation, which has been recently completed.
  • Consequently, on October 11, 2023, Comstock Fuels entered into an Exclusive License Agreement with RenFuel for use of its patented process in North America, Central America, and South America.
  • “The agreement with RenFuel complements our existing technology portfolio and marks the culmination of comprehensive process validation efforts completed over the past eighteen months.

Comstock Fuels Confirms Biofuel Yields in Excess of 100 Gallons Per Tonne and Carbon Intensity Scores Below 20

Retrieved on: 
Thursday, October 5, 2023

HBO is a unique, compliant, drop-in biointermediate that is used in the production of Sustainable Aviation Fuel and Renewable Diesel Fuel.

Key Points: 
  • HBO is a unique, compliant, drop-in biointermediate that is used in the production of Sustainable Aviation Fuel and Renewable Diesel Fuel.
  • It has been verified to increase the diversity of hydroprocessed, fat-based feedstock and significantly reduce CI scores beyond what is commercially achievable today.
  • The carbon intensity of fossil fuels is industry-benchmarked at between 80 and 95.
  • They surpass existing cellulosic-derived biofuel production yields and CI performance scores that biofuel and petroleum refineries can achieve today.

EcoCeres Announces Its First 100% Agricultural Waste Produced Cellulosic Ethanol Shipment to Europe, Turning a New Chapter in Renewable Biofuels

Retrieved on: 
Monday, May 29, 2023

This milestone distinguishes EcoCeres as a company capable of producing a diverse range of renewable biofuels, covering Sustainable Aviation Fuel (SAF), Hydro-treated Vegetable Oil (HVO) and Cellulosic Ethanol.

Key Points: 
  • This milestone distinguishes EcoCeres as a company capable of producing a diverse range of renewable biofuels, covering Sustainable Aviation Fuel (SAF), Hydro-treated Vegetable Oil (HVO) and Cellulosic Ethanol.
  • "This shipment of cellulosic ethanol signifies EcoCeres' breakthrough success to reverse the lignocellulosic agricultural waste back to its original sugar forms, paving the way for sustainable aviation fuel to be produced through further alcohol-to-jet conversion," he added.
  • "Our innovative approach to producing cellulosic ethanol entirely from agricultural waste not only supports a sustainable future, but also strengthens our position in the renewable fuels market."
  • This initial shipment of cellulosic ethanol is an important step for EcoCeres evolving into a world leading advanced bio-refinery on sustainable biomass.

Global Advanced Biofuel Market Analysis Report 2022: Industry Size, Share, Trends, Opportunities, and Forecasts, 2018-2022 & 2022-2028 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 1, 2023

As a sustainable and clean fuel source, Advanced biofuels are anticipated to raise the market potential of the Advanced biofuels industry worldwide.

Key Points: 
  • As a sustainable and clean fuel source, Advanced biofuels are anticipated to raise the market potential of the Advanced biofuels industry worldwide.
  • As Advanced biofuels produce fewer greenhouse emissions, the environmental component drives the global market for Advanced biofuels.
  • There are prospects for other new entrants in the global Advanced biofuels market to enter the market because there are only a few fully commercialized manufacturers of various types of Advanced biofuels.
  • Company Profiles: Detailed analysis of the major companies in Global Advanced Biofuel Market.

Cellulosic Ethanol Market Size To Grow USD 4083.3 Million By 2028 With a CAGR of 24.8% | Valuates Reports

Retrieved on: 
Thursday, February 9, 2023

Due to the COVID-19 pandemic, the global Cellulosic Ethanol market size is estimated to be worth USD 1080.8 Million in 2022 and is forecast to a readjusted size of USD 4083.3 Million by 2028 with a CAGR of 24.8% during the review period.

Key Points: 
  • Due to the COVID-19 pandemic, the global Cellulosic Ethanol market size is estimated to be worth USD 1080.8 Million in 2022 and is forecast to a readjusted size of USD 4083.3 Million by 2028 with a CAGR of 24.8% during the review period.
  • Major Factors Driving the Growth of the Cellulosic Ethanol Market:
    In an automobile, cellulosic ethanol has the potential to replace both fuel and ethanol made from grains.
  • The cellulosic ethanol market is expanding, and this creates jobs and helps rural economies prosper.
  • With a market share of almost 100% in 2021, North America has the largest market for cellulosic ethanol.

Cellulosic Ethanol Market Size To Grow USD 4083.3 Million By 2028 With a CAGR of 24.8% | Valuates Reports

Retrieved on: 
Thursday, February 9, 2023

Due to the COVID-19 pandemic, the global Cellulosic Ethanol market size is estimated to be worth USD 1080.8 Million in 2022 and is forecast to a readjusted size of USD 4083.3 Million by 2028 with a CAGR of 24.8% during the review period.

Key Points: 
  • Due to the COVID-19 pandemic, the global Cellulosic Ethanol market size is estimated to be worth USD 1080.8 Million in 2022 and is forecast to a readjusted size of USD 4083.3 Million by 2028 with a CAGR of 24.8% during the review period.
  • Major Factors Driving the Growth of the Cellulosic Ethanol Market:
    In an automobile, cellulosic ethanol has the potential to replace both fuel and ethanol made from grains.
  • The cellulosic ethanol market is expanding, and this creates jobs and helps rural economies prosper.
  • With a market share of almost 100% in 2021, North America has the largest market for cellulosic ethanol.

Global Advanced Biofuel Market Report 2022-2028 - Companies Invest Highly in R&D to Create Technologies to Turn Biomass into Sophisticated Biofuels

Retrieved on: 
Wednesday, February 1, 2023

Companies invest highly in R&D to create technologies that turn biomass into sophisticated biofuels.

Key Points: 
  • Companies invest highly in R&D to create technologies that turn biomass into sophisticated biofuels.
  • As a sustainable and clean fuel source, Advanced biofuels are anticipated to raise the market potential of the Advanced biofuels industry worldwide.
  • As Advanced biofuels produce fewer greenhouse emissions, the environmental component drives the global market for Advanced biofuels.
  • Companies invest highly in R&D to create technologies that turn biomass into sophisticated biofuels.