SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: scion who wrote (11511)8/19/2011 10:58:53 AM
From: scionRead Replies (5) of 53574
 
Waste Management invested an undisclosed amount of capital in Agilyx during the company’s Series B funding round, which totaled $22 million. Additional companies that have invested in Agilyx include Kleiner Perkins Caufield & Byers; Total Energy Ventures International; Chrysalix Energy Venture Capital; Saffron Hill Ventures; and Reference Capital.

In addition to investing in the company, Cesarek said that Waste Management also intends to provide feedstock to certain Agilyx locations and will be developing its own locations featuring Agilyx technology. Those locations could be developed through either a joint venture agreement, technology licensing, or both, Cesarek said. “It’s going to depend upon the circumstances, but more often than not it will likely be licensing of the technology—purchasing of the technology at various locations—and cooperating with Agilyx as to the operation of those technologies at our locations,” he continued. According to Cesarek, Waste Management plans to develop projects featuring Agilyx technology within an 18 month timeframe.

Waste Management has invested in a wide range of companies that can convert the material it handles into fuels and chemicals. In addition to Agilyx, the company has also recently invested in Terrabon Inc., Enerkem Inc., S4 Energy Solutions LLC, and Genomatica Inc.

“We’re continually looking for means by which to create more value out of the materials that we manage,” Cesarek said. “We see waste as a resource, not unlike the refining companies see oil as a resource or a chemical company sees natural gas and oil as a resource.”

biorefiningmagazine.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News