NewEnergyBlue, a sustainable energy company, has recently acquired the biomass conversion technology and international patent portfolio of Inbicon. This acquisition positions NewEnergyBlue as a key player in the bioenergy industry, allowing them to further develop and commercialize their innovative technology for the production of renewable energy.
Inbicon, a Danish company, has been a leader in the development of biomass conversion technology for over a decade. Their patented process converts agricultural and forestry residues into cellulosic ethanol, a renewable fuel that can be used in a variety of applications, including transportation and power generation. By acquiring Inbicon’s technology and patents, NewEnergyBlue now has the ability to scale up production and bring their renewable energy solutions to market on a larger scale.
The acquisition of Inbicon’s technology is a significant milestone for NewEnergyBlue, allowing them to expand their capabilities and reach in the bioenergy sector. With a focus on sustainable and environmentally friendly energy solutions, the company is well positioned to meet the growing demand for renewable fuels and reduce our reliance on fossil fuels.
Speaking about the acquisition, NewEnergyBlue president and CEO Thomas Corle said, “We see great potential in Inbicon’s technology and believe that it will play a key role in the future of bioenergy. This acquisition allows us to further develop our renewable energy solutions and bring them to market in a more efficient and cost-effective manner.”
Overall, the acquisition of Inbicon’s biomass conversion technology and patent portfolio is a significant development for NewEnergyBlue, positioning them as a leading player in the bioenergy industry. With a focus on sustainability and innovation, the company is poised to make a positive impact on the energy sector and contribute to a greener, more sustainable future.
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