Anellotech raises another $7M; biomass to aromatics
Green Car Congress
NOVEMBER 21, 2015
Catalytic fast pyrolysis company Anellotech has received an equity investment of $7 million from a new, strategic investor. The new, multinational corporate investor joins existing partners, Axens, IFP Energies nouvelles (IFPEN), Johnson Matthey, and other industry leaders. Anellotech’s proprietary thermal catalytic biomass conversion technology (Bio-TCat) cost-competitively produces building-block aromatics, including paraxylene and benzene, from non-food biomass.
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