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

June 14, 2023
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EcoCeres, Inc., an Asia-based innovative bio-refinery company with strong R&D capability, is thrilled to announce its first shipment of 100% agricultural waste-produced cellulosic ethanol to the European markets. This significant milestone comes after the commissioning of another groundbreaking facility in China. Cellulosic ethanol, a renewable blend substitute for gasoline, plays a vital role in reducing greenhouse gas emissions.

Diversifying Renewable Biofuels

The accomplishment of this milestone distinguishes EcoCeres as a company capable of producing a diverse range of renewable biofuels, including Sustainable Aviation Fuel (SAF), Hydro-treated Vegetable Oil (HVO), and Cellulosic Ethanol. The company’s in-house developed technology and biomass refinery platform position it to meet the growing market demand and regulatory requirements for renewable transportation fuels.

The shipment consists of 850 tons of cellulosic ethanol derived from agricultural waste, primarily corn cobs. This environmentally friendly fuel reduces greenhouse gas emissions by over 80% compared to traditional fossil fuels. It aligns with the European Union’s Renewable Energy Directive as an advanced biofuel.

Philip Siu, Co-Founder and CEO of EcoCeres, commented on the achievement, stating, “As one of the few companies globally with the capacity to produce cellulosic ethanol at an industrial scale, EcoCeres is well positioned to meet the growing demand for advanced biofuels. This shipment of cellulosic ethanol signifies EcoCeres’ breakthrough success in converting lignocellulosic agricultural waste back into its original sugar forms, paving the way for sustainable aviation fuel production through further alcohol-to-jet conversion.”

Dr. Bin Xu, COO of the Company’s Agricultural Waste Business, emphasized the company’s commitment to sustainability and market strength, saying, “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. Our unique differentiator lies in effectively separating hemicellulose, cellulose, and lignin, utilizing each in high-value processes or end products, economically and sustainably.”

Advancing Renewable Solutions

EcoCeres employs proprietary technology to convert agricultural waste, such as corn cobs and straw, into valuable waste-based biofuels and biopolymers. Their approach drives the energy and material transitions necessary to achieve carbon neutrality and addresses global environmental challenges.

According to the International Energy Agency (IEA)’s Net Zero scenario, the production of advanced ethanol would need to grow by a staggering 1,150% [or 12.5x] from 2021 to 2030. This initial shipment of cellulosic ethanol marks a significant step forward for EcoCeres as it evolves into a world-leading advanced bio-refinery focused on sustainable biomass.

About EcoCeres, Inc.

EcoCeres, Inc. (“EcoCeres”) is an innovative biomass utilization company with strong R&D capability and excellent ESG performance. It pioneers a sustainable bio-refinery model that supports a greener and more sustainable future. EcoCeres operates businesses in Bio-Grease Utilization and Agricultural Waste Utilization, committed to developing innovative solutions that address global environmental challenges by transforming agricultural waste into valuable biofuels and biopolymers.

In January 2023, EcoCeres received a significant equity investment from Bain Capital Private Equity, following a previous investment from UK-based energy fund Kerogen Capital in February 2022.

For more information about EcoCeres and its groundbreaking cellulosic ethanol technology, please visit https://www.eco-ceres.com.

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