KiOR signs agreement with Catchlight Energy for biofuels feedstocks

KiOR, a next-generation renewable fuels company, and Catchlight Energy have signed a feedstock supply agreement which will see Catchlight Energy provide forestry-based feedstocks to KiOR for commercial renewable fuel production.

Catchlight Energy, a company that is a 50/50 joint venture between Chevron and Weyerhaeuser, will provide the feedstocks to the KiOR fuel facility located in Columbis, Mississippi, US.

‘Securing a feedstock supply agreement for our first commercial facility in Columbus is an important milestone,’ says Fred Cannon, KiOR’s president and CEO.  ‘We are pleased with the progress in securing contracts for the facility’s feedstock supply and for the offtake of the facility's output of renewable fuel blendstocks.’

The agreement follows Catchlight Energy’s decision to provide RIN certification of the products of cellulosic biofuels under the US Renewable Fuel Standard, to purchase petrol and diesel fuel blendstocks from KiOR.