Biogasol develops groundbreaking technology for bioethanol production  

2006.03.01
Biogasol, a Danish fledgling firm based at the Technical University of Denmark has developed a groundbreaking technology for cost-efficient production of bioethanol

Biogasol, a Danish fledgling firm based at the Technical University of Denmark (DTU), has developed a groundbreaking technology for cost-efficient production of bioethanol. BankInvest, one of the leading asset management companies in Denmark has invested heavily in the company via its venture fund, BI New Energy Solutions, and is strongly optimistic regarding its investment.

Professor Birgitte Ahring, founder and co-owner of Biogasol comments: "The business potential is enormous. The US is seeking to reduce oil imports by 75% by 2025, which means a large part of the transport sector must run on fuels other than petrol and diesel. "Biogasol's development work is currently conducted in laboratories at Biocentrum-DTU, but the technology will soon be tested in a new DKK 25 m (USD 4 m) pilot plant.

Biogasol´s new process technology has the potential to become the future industry standard for lignocellulosic based bioethanol production. Lignocellulosic biomasses are agricultural residues such as wheat straw and corn stoves which are more abundant and cheaper than corn, wheat or sugar beet currently used in starch based bioethanol plants. The news was reported by financial daily newspaper Børsen.

Link > Biocentrum-DTU 

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