Neol Biosolutions to scale up Microbioil-2.0 process at CB2G
Neol Biosolutions, a 50/50 joint venture between Repsol and Neuron Bio, has reached an agreement with the Center for Second Generation Biofuels (CB2G) of CENER, the Spanish National Renewable Energy Centre, in order to carry out the scale-up testing of its second technological platform Microbioil-2.0.
The technology Microbioil-2.0 is able to produce large quantities of oil from different types of agricultural waste of different origins, such as wheat straw or sugar cane bagasse thanks to the microorganism Neoleum, which has been discovered and developed by Neol. The obtained oils can be used as raw material for the production of advanced biodiesel or other oleochemicals derivatives.
Both the facilities of CB2G in Aoiz (Navarra), with equipment that allows work in multi-ton scale and the experience of the scientific team have been determinants for the choice of this public centre at this critical stage for Neol. This new milestone is very relevant in the race towards commercialization of the technologies owned by Neol thus it will open new doors to international business relations.
The Centre for Industrial Technological Development (CDTI), which is an entity answering to the Ministry of Economy and Competitiveness, has recently approved the funding of the project within part of its funding policies for market applications on R&D projects of Spanish companies.