WILMINGTON, Del., April 19, 2012 /PRNewswire/ -- Butamax™ Advanced Biofuels, LLC, a joint venture between BP and DuPont, announced today that it has entered into collaboration with Fagen, Inc. for the introduction of commercial biobutanol production using Butamax™ technology. Fagen is the world's most experienced biofuels engineering, procurement and construction contractor, having built more ethanol capacity than any other company. They are the largest, most respected green energy design builder in the U.S. and have constructed over 85 ethanol plants totaling approximately 6 billion gallons of annual production. Fagen's extensive experience with ethanol production facilities and Butamax's pioneering biobutanol technology provides strong synergy for the rapid scale-up of biobutanol production.
"We are delighted to partner with Fagen on our path to commercialize biobutanol," said Paul Beckwith, Butamax CEO. "Fagen is simply the world leader when it comes to project execution in the biofuels industry, with leading standards for safety and quality. Our shared commitment to renewable energy makes Fagen a natural partner for Butamax and our shareholders."
"Butamax offers an exciting opportunity for ethanol facilities to leverage their existing assets to produce the next generation biofuel," said Aaron Fagen, CEO Fagen, Inc., "We look forward to working with Butamax in the deployment of their commercial strategy and their first retrofit project starting in 2013."
Butamax was the first company to identify the opportunities and technology for cost-effective production of isobutanol through advanced biotechnology. The company announce
|SOURCE Butamax Advanced Biofuels, LLC|
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