Feedstock, Press Release

Sapphire Energy pays off government loan

Sapphire Energy has paid off the entire loan guarantee of $54.5m awarded to the company by the U.S. Department of Agriculture in  Dec. 2009 to build a fully integrated, algae-to-crude oil commercial demonstration facility in Columbus, N. M. In partnership with the USDA and the U.S. Department of Energy, Sapphire Energy developed and implemented its facility, known as the Green Crude Farm, on time and on budget, which is now operational and producing renewable crude oil on a continuous basis. The company expects to be producing 100 barrels of crude oil per day in 2015, and at commercial-scale production in 2018.

About Doris de Guzman

Will Green Chemistry save the world or is it hype? Doris de Guzman examines alternative processing, new technology, R&D and other sustainability initiatives aimed at preventing pollution; replacing ingredients; and using renewable feedstocks in Green Chemistry. She has been covering the oleochemicals market for 15 years and spread her beat to inorganics, biofuels and green chemistry.

Discussion

Comments are closed.

Confirm if you are currently a subscriber to Tecnon OrbiChem's Bio-Materials newsletter. If not, please contact doris@greenchemicalsblog.com.

TECNON ORBICHEM BIO-MATERIALS SERVICE



TECNON ORBICHEM IS ATTENDING THESE EVENTS

 

 

 

 

Follow me on Twitter

%d bloggers like this: