Positive findings from the ABIR Program – Bio-Chemicals to Drive Commercialisation.
Licella is nearing completion of an $8.2m ABIR feasibility project with the assistance of a $5.4m grant obtained through ARENA.
The ABIR feasibility project is for a commercial-size Cat-HTR module producing Bio-Chemicals and Bio-Crude.
Focus going forward will be on high-value Bio-Chemicals and using Bio-Crude oil as a refinery blend stock.
The Bio-Crude fraction has been shown capable of blending and upgrading to drop-in fuels in a conventional refinery, which could potentially help Australia reduce its reliance on imported finished fuels.
Licella has identified an optimum site for a commercial plant in the “Green Triangle” of South Australia.
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