Written by The Business Journal Staff
Visalia-based Edeniq, Inc., a biorefining and cellulosic ethanol technology company, announced today that it has entered into a license agreement with Cupertino-based Aemetis, Inc., an advanced renewable fuels and renewable chemicals company.
Under the terms of the agreement, Aemetis will deploy Edeniq’s Pathway technology at its 60-million-gallon-per-year ethanol production facility, which is located in Keyes, California.
Edeniq’s Pathway Technology integrates Edeniq’s patented Cellunatorequipment with cellulase enzymes to convert corn kernel fiber to cellulosic ethanol. The Pathway Technology utilizes existing fermentation and distillation equipment to produce up to 2.5 percent cellulosic ethanol and a 7 percent increase in overall ethanol yield.
“We selected Edeniq’s technology because we believe it is the fastest and most cost-efficient route to cellulosic ethanol,” said Eric McAfee, chairman and CEO of Aemetis. “This partnership is part of our commitment to being a leader in the transition toward advanced biofuel production in the United States and globally.”