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.
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