Thor Biocrude (NL) and Susteen Technologies (GER) are taking the next step in the development and roll-out of a novel and low-cost biomass waste-to-fuel technology platform called Thermal Catalytic Reforming (TCR). TCR is a biomass conversion technology that converts low value...
Thor Biocrude (NL) and Susteen Technologies (GER) are taking the next step in the development and roll-out of a novel and low-cost biomass waste-to-fuel technology platform called Thermal Catalytic Reforming (TCR). TCR is a biomass conversion technology that converts low value wet organics bio-waste into high value biocrude (TCR-oil), green hydrogen-rich bio-syngas, and solid bio-char, that can be processed to biofuels and biochemicals.
Thor Biocrude (NL) and Susteen Technologies (GER) will establish a joint venture (JV) (work title “Susteen Biocrudeâ€) for the refining and marketing of biocrude oils to marketable hydrocarbon products. This JV has a high strategic relevance and strong market opportunity. The joint venture will focus on the conversion of low-value domestic, municipal or industrial carbon-rich waste flows into biocrude oil, the upgrading of biocrude into marketable bioliquids and their trading into fuel and chemical feedstock markets.
Specific activities conducted during this H2020-SMEINT Phase 1 feasibility study were:
• Analysis of the end-to-end value chain for the conversion of organic waste into sustainable basis resources (coal, gas and biocrude oil) and the further refining of biocrude oil into marketable second generation fuels.
• Perform exemplary business case analysis for this value chain
• Evaluate required specifications and characteristics of these applications with potential customers
• Propose most relevant prototype projects for field trials with potential EU customers
• Elaborate on a detailed business plan [D1].
The establishment of a small-scale biocrude refinery and creation of a dedicated company that fills the gap in the value chaing waste-to-fuel, will boost the deployment of the TCR platform. Customers that might have been hesitating to invest into a TCR platform because the platform doesn’t directly links with its products to the market, now see a company that can and will take the products and upgrade, market and sell them. Thereby the establishment of the biocrude refinery eliminates a barrier for customers that have to decide to deploy a TCR platform and as such the impact of this change positively affects the impact of the TCR waste-to-fuel platform.
More info: http://www.susteen-tech.com/.