Le Lézard
Classified in: Health, Science and technology, Business
Subject: TNM

GranBio Acquires 100% Equity of the North American Biotechnology Firm American Process Inc. (API)


SÃO PAULO and ATLANTA, March 15, 2019 /PRNewswire-PRWeb/ -- GranBio completed the acquisition of 100% equity in American Process Inc. and affiliate companies including AVAPCO LLC and API Intellectual Properties Holdings. The acquired assets include the Alpena Biorefinery in Alpena Michigan, the Thomaston Biorefinery and R&D center in Thomaston, Georgia, operations, research, and business development staff and an extensive intellectual property portfolio in the biorefinery, biofuels, biochemicals, and nanocellulose fields with over 200 granted and pending patents.

"Acquiring the GreenPower+®, GreenBox+®, and AVAP® biorefinery technologies and the BioPlus® Nanocellulose Technology and their associated world-class demonstration plants and exceptional operations and R&D staff is part of GranBio's mission to become a global leader in the bioeconomy. As evidenced by the construction and operation of the first commercial scale cellulosic ethanol plant in Brazil, GranBio is deeply committed to launching innovative biotechnologies that build a better and more environmentally safe planet for the next generations," said GranBio's president, Bernardo Gradin.

About GranBio

GranBio is an industrial biotechnology company focused on commercial deployment of technologies for the production of biofuels, biochemicals, and advanced renewable materials including nanocellulose.
GranBio operates the first commercial scale cellulosic ethanol plant in the Southern Hemisphere. The biorefinery, named Bioflex 1, is located in Alagoas, Brazil and converts biomass from sugarcane residue, straw and bagasse into "second-generation" cellulosic ethanol.

Contact Information

Marcelo Lara
Marcelo.lara(at)granbio.com.br
http://www.granbio.com.br
http://www.granbio.com.br/en/

 

SOURCE PRWeb House E-Commerce


These press releases may also interest you

at 12:10
Compare-autoinsurance.org has released a new blog post that explains how the clients should compare car insurance rates rates and save money. For more info and free quotes, visit https://compare-autoinsurance.org/how-to-compare-auto-insurance-prices/...

at 12:00
Sheraton Hotels & Resorts, part of Marriott International, Inc. , announces the completion of an expansive transformation to the Sheraton Dallas Hotel by the Galleria. Sheraton has been steadfast in making changes from the lobby up to ensure that...

at 10:20
Compare-autoinsurance.org has launched a new blog post that explains how drivers should compare multiple online car insurance quotes. For more info and free quotes, please visit:...

at 03:00
North Texas Property Management, an expert group of property managers for residential homes in Plano, McKinney, and Allen, is proud to announce a revision to its staff page. Property management, after all, is a people business and the company is...

at 02:58
Elbit Systems Ltd. ("Elbit Systems") announced today that it was awarded a $127 million contract to supply vehicular tactical radio systems to the Army of a country in South Asia. The contract will be performed over a three-year period.  The radios...

25 mai 2019
Compare-autoinsurance.org has released a new blog post in which the pros and cons for car insurance quotes online are explained. For more info and free quotes, visit https://compare-autoinsurance.org/how-important-are-online-car-insurance-quotes/...



News published on 15 march 2019 at 21:00 and distributed by: