Ineos Bio selects AMEC to support global licensing
Ineos Bio has selected international engineering company AMEC to be its global license support engineering firm. AMEC will work with Ineos Bio in developing engineering design packages for future Ineos Biotechnologies licenses.
According to Ineos Bio vice president Dam Cummings, AMEC will be playing a major role in the scale up of his company’s technology. They are the engineering, procurement and construction (EPC) provider for Ineos Bio’s first commercial-scale facility in Vero Beach, Fla. That plant, which is expected to begin operations during the second quarter of 2012, will be capable of producing 8 million gallons of cellulosic ethanol per year, along with megawatts of renewable electricity.
Cummings noted that AMEC was chosen to serve as Ineos Bio’s global license support engineering firm for several reasons. One of the most significant is their global presence and ability to serve a global license base, he said. “We have 270 active licenses in 51 countries around the world in the rest of our other types of technologies,” Cummings added. “Our experience has shown us that we prefer having a provider for the licensing support…that has the ability and the experience in operating in all of the different areas of the world where this technology would be licensed.”
According to Cummings, Ineos Bio expects to begin licensing its cellulosic ethanol technology in 2012. “We have a number of parties who are interested and moving forward,” he said. In its role as Ineos Bio’s global license support engineering firm, AMEC will ensure the engineering designs for these facility are optimized and customized for each site location.
“This agreement is a key milestone for Ineos Bio,” said Peter Williams, CEO of Ineos Bio. “It is a crucial step as we move into the phase of licensing our bioenergy technology globally to help solve to address the world’s waste management challenges. We’ve designed our sustainable solution so it’s easily licensed and can be replicated around the world to create renewable bioenergy from waste, bringing us energy independence and providing opportunities for cleantech jobs.”