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Biotech / Medical : Genencor (GCOR)- Recent IPO

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To: richardred who wrote (24)9/2/2004 10:46:15 AM
From: richardred  Read Replies (1) of 58
 
If you believe that Alternative fuels will play big future roll.
GCOR is a player in development.

What Is a Biorefinery?

A biorefinery is a facility that integrates biomass conversion processes and equipment to produce fuels, power, and chemicals from biomass. The biorefinery concept is analogous to today's petroleum refineries, which produce multiple fuels and products from petroleum. Industrial biorefineries have been identified as the most promising route to the creation of a new domestic biobased industry.

By producing multiple products, a biorefinery can take advantage of the differences in biomass components and intermediates and maximize the value derived from the biomass feedstock. A biorefinery might, for example, produce one or several low-volume, but high-value, chemical products and a low-value, but high-volume liquid transportation fuel, while generating electricity and process heat for its own use and perhaps enough for sale of electricity. The high-value products enhance profitability, the high-volume fuel helps meet national energy needs, and the power production reduces costs and avoids greenhouse-gas emissions.

Conceptual Biorefinery
NREL's biorefinery concept is built on two different "platforms" to promote different product slates. The "sugar platform" is based on biochemical conversion processes and focuses on the fermentation of sugars extracted from biomass feedstocks. The "syngas platform" is based on thermochemical conversion processes and focuses on the gasification of biomass feedstocks and by-products from conversion processes.
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