Nova Pangaea partners with Pakistan’s JS Group to licence biofuel technology
The deal includes a licence for the use of NPT’s REFNOVA end-to-end fractionation process, as well as a front end loading conceptual design package (FEL1) for a co-located REFNOVA lignocellulosic processing plant in Pakistan. The facility is expected to be able to convert 25,000 tonnes of bagasse per year.
NPT’s technology converts sugar cane bagasse into valuable sugars, providing additional yield and revenue streams for producers, as well as maximising every part of the sugar plant and the processing phases involved.
Both companies will deliver a joint commercial proposition for sugar cane processors in Pakistan, with JS Group acting as lead licensor of the REFNOVA process.
“We’re very pleased to be working with NPT and its exciting solution to directly address the serious problem of what to do with sugar cane bagasse,” commented Steve Smith, director at JS Group. “This material is a by-product of the sugar cane industry that is both plentiful and difficult to dispose of.
“NPT has found a revolutionary process to turn this plant by-product into valuable sugars and chemicals. This delivers clear commercial benefits for sugar cane processors and industrial users of chemicals and biofuels. In addition, it delivers environmental benefit by making the most of materials from the natural world, reducing the need to create artificial chemicals from fossil fuels.”
Sarah Ellerby, CEO of NPT, added: “We are excited to partner with JS Group as part of our accelerated international commercial strategy. We will start to deliver the design package work this month which is due to be completed by the end of the year. We are pleased to offer a sustainable and financially rewarding solution to Pakistan’s sugar industry for their bagasse.”
NPT operates a plant in Wilton, UK, which was constructed with the help of a £4.7 million (€5.4 million) grant from the UK Department for Transport. The company is in the process of closing the remainder of a £3 million (€3.4 million) investment round from internal investors, following the commissioning of its 1 tonne per hour REFNOVA demonstration plant in December last year.