AM Green’s Ambitious Ventures:
1. Investment in 2G Biofuels:
AM Green aims to invest USD 1 billion in secondgeneration (2G) biofuels.
Set up two bio-ethanol plants that will produce biofuels from nonfood biomass, such as plant materials and animal waste .
2. AssamBioRefinery Stake Acquisition:
AM Green intends to acquire a Fifty% stake in Assam Bio Refinery Pvt. Ltd.
The current stakeholders include FortumOyj and ChempolisOy from Finland.
Assam Bio Refinery will use bamboo to produce bioethanol, organic compounds, and green energy.
3. ChempolisOy Acquisition:
AM Green also plans to acquire the Finland-based biotechnology firm Chempolis Oy.
Chempolis is the licensor of the 2G biofuel technology for the world’s first plant producing cellulosic ethanol and bio-based chemicals from bamboo.
4. GreenEnergy Transition:**
AM Green aims to be a significant player in green hydrogen, green ammonia, biofuels, e-methanol, sustainable aviation fuels, and downstream high-value chemicals.
By acquiring stakes in Assam Bio Refinery and Chempolis Oy, AM Green is poised to lead the charge in sustainable energy solutions.
AM Green plans big investment to set up two bio-ethanol plants
Originally published on LinkedIn on 2024-07-24 14:06:45: https://www.linkedin.com/feed/update/urn%3Ali%3AgroupPost%3A3880479-7221878477824618498
AM Green’s Ambitious Ventures:
1. Investment in 2G Biofuels:
AM Green aims to invest USD 1 billion in secondgeneration (2G) biofuels.
Set up two bio-ethanol plants that will produce biofuels from nonfood biomass, such as plant materials and animal waste .
2. AssamBioRefinery Stake Acquisition:
AM Green intends to acquire a Fifty% stake in Assam Bio Refinery Pvt. Ltd.
The current stakeholders include FortumOyj and ChempolisOy from Finland.
Assam Bio Refinery will use bamboo to produce bioethanol, organic compounds, and green energy.
3. ChempolisOy Acquisition:
AM Green also plans to acquire the Finland-based biotechnology firm Chempolis Oy.
Chempolis is the licensor of the 2G biofuel technology for the world’s first plant producing cellulosic ethanol and bio-based chemicals from bamboo.
4. GreenEnergy Transition:**
AM Green aims to be a significant player in green hydrogen, green ammonia, biofuels, e-methanol, sustainable aviation fuels, and downstream high-value chemicals.
By acquiring stakes in Assam Bio Refinery and Chempolis Oy, AM Green is poised to lead the charge in sustainable energy solutions.
AM Green plans big investment to set up two bio-ethanol plants https://lnkd.in/d3m9xmgh
Originally published on LinkedIn on 2024-07-24 14:06:38: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A7221878448380608512
