<<Development Strategy

Co-location

   The Biofine process is, in our assessment, unique in its level of process development.  
  
   But biorefineries, like all biomass-based advanced processing technologies – from paper to ethanol – are very expensive to build.  
In our estimation, successful financing of early commercial facilities will require leveraging existing industrial assets. 
 
   Aging industrial facilities often have excess capacities, a pre-permitted site, and related expertise that can all be contracted.  Co-location with these facilities can allow us to purchase existing steam generation, electricity, biomass handling, and waste water treatment as services.
 
   Purchasing vital utilities through industrial co-location helps minimize the capital required, shortens the construction timelines, and secures a local economic partner to aid in development.
 
   Maine BioProducts has spent considerable time identifying potential co-location partners in Maine and throughout North America.