Cobalt and Fluor sign agreement
On 11 August 2010 biobutanol firm Cobalt Technologies signed an agreement with Fluor Corporation.
As part of the agreement Fluor will provide engineering consulting services as Cobalt prepares to commercialise its biobutanol production technology.
‘Fluor’s experience in designing and executing large projects, particularly refining projects, is unmatched in the world, said CEO at Cobalt Technologies Rick Wilson. He continued: ‘We originally asked Fluor to provide an impartial analysis of our biobutanol production technology. Now, to have them sign a strategic agreement with us truly validates our vision.’
John Hopkins, group executive of business development at Fluor, said: ‘We have examined many different biofuels technologies and are choosing to work with those companies that we believe have the greatest potential to be commercialised economically and to make a major impact on achievement of the nation’s alternative fuel goals.’
As part of the agreement Fluor will provide engineering consulting services as Cobalt prepares to commercialise its biobutanol production technology.
‘Fluor’s experience in designing and executing large projects, particularly refining projects, is unmatched in the world, said CEO at Cobalt Technologies Rick Wilson. He continued: ‘We originally asked Fluor to provide an impartial analysis of our biobutanol production technology. Now, to have them sign a strategic agreement with us truly validates our vision.’
John Hopkins, group executive of business development at Fluor, said: ‘We have examined many different biofuels technologies and are choosing to work with those companies that we believe have the greatest potential to be commercialised economically and to make a major impact on achievement of the nation’s alternative fuel goals.’
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