Vertimass LLC is proud to announce that it is one of four companies selected to present at the “Pitch for a Green Future” session at the “Bioeconomy 2017: Domestic Resources for a Vibrant Future” conference being held at the Sheraton Pentagon City Hotel in Arlington, Virginia, July 11 – 12, 2017.
The conference is hosted by the U.S. Department of Energy’s (DOE’s) Bioenergy Technologies Office (BETO) and provides a unique platform for representatives from the bioenergy industry, Congress, state and federal agencies, national laboratories, academia and the financial community to focus on opportunities to grow and achieve a stronger bioeconomy. The Clean Energy Research and Education Foundation (CEREF) is a lead partner for the conference, which attracts approximately 600 participants.
John R. Hannon, Ph.D., Chief Operating Officer of Vertimass will present on the company’s new pathway to enhance use of biomass-derived renewable fuels. Vertimass acquired the exclusive worldwide license of this novel approach invented at Oak Ridge National Laboratory (ORNL) to convert ethanol into gasoline blend stocks and higher value chemical coproducts (BTX).
In addition to achieving essentially complete conversion of ethanol into hydrocarbons, the Vertimass approach has the potential to reduce greenhouse gas emissions and U.S. reliance on foreign sources of oil. The technology allows ethanol producers to bypass the 10% “blend wall” for blending with gasoline and opens up new markets for ethanol for use in heavy-duty vehicles and air travel as well as markets for valuable chemicals.
“We are delighted to be one of the four companies selected by the DOE to present,” said Dr. Charles Wyman, Vertimass President and Chief Executive Officer.
Chairman William Shopoff noted, “We are extremely pleased to have the opportunity to showcase our green catalyst renewal fuels technology. We are very proud of the technology, which can be rapidly and inexpensively integrated into existing ethanol plants to help meet the goals of the Renewable Fuel Standard (RFS) and also aid the Federal Aviation Administration (FAA) in achieving their target of one billion gallons of renewable aviation fuel by 2018.”
In 2015, Vertimass received an award of $2 million by the DOE’s BETO to accelerate building the foundation to scale up this transformational technology for converting ethanol into hydrocarbons for blending with gasoline, diesel and jet fuels.