London, Ontario (PRWEB) September 13, 2011
Comet Biorefining Inc. (http://www.cometbiorefining.com), a leader in low cost cellulosic sugar technology, today announced that it has signed an exclusive agreement with Fulton Engineered Specialities Inc., a leading low cost manufacturer of modular process equipment and systems. Under the agreement, Fulton will provide turn-key manufacture of Comet’s modular cellulosic sugar process systems on an exclusive basis. Comet’s patent pending Cellulosic Sugar Technology produces low cost cellulosic sugar from a wide range of biomass feedstocks for direct conversion to biofuels and bioproducts using a novel, low cost conversion technology. Comet’s unique cellulosic sugar process utilizes modular design and fabrication, resulting in significant reductions in capital and operating cost.
Comet CEO and Founder, Dr. Andrew Richard, stated, “The key to success for the biofuels and bioproducts industry is low cost sugar. A significant component of low cost sugar is low capital cost. Fulton is a world leader in low cost, custom equipment manufacture, with operations in several countries. We are pleased to enter into this exclusive supply agreement, which furthers strengthens our position as a leading provider of low cost cellulosic sugar technology.”
Walter Widla, president of Fulton Engineered Specialties, added, “Teaming up with Comet to supply their process equipment is a great step in the evolution of our company and allows us to offer our wide range of expertise and capabilities to a customer with a great vision. Comet has the potential to greatly impact the worldwide production of biofuels and other bioproducts that has eluded the current suppliers to this environmentally significant market. Our company has developed an international network of fabrication facilities that allows us to be a flexible and cost effective supplier of custom designed process equipment. All partners in our network are ASME Certified and ISO-9001 Registered allowing us to supply consistently high quality equipment, on time and on budget, regardless of where in the world we ship to.”
About Comet Biorefining Inc.
Comet Biorefining is developing an enabling technology to produce low cost cellulosic sugar for the production of renewable biofuels and bioproducts. Comet Biorefining has demonstrated its cellulosic sugar technology at pilot scale and is currently scaling up to commercial applications. Comet Biorefining’s goal is to license its Cellulosic Sugar Technology worldwide .
About Fulton Engineered Specialties Inc.
Fulton Engineered Specialties Inc. is a designer and fabricator of custom pressure equipment and skid mounted, designed, fabricated and tested chemical process systems. Capabilities include Pressure vessels to ASME Code Sect. VIII Div I, and Div. II, heat exchangers, cryogenic storage equipment and systems, and high and ultra high vacuum equipment and systems. The company has the objective to be a significant international designer and fabricator of engineered equipment and systems for the chemical, oil and gas, and biofuel markets.
For further information:
Andrew Richard, PhD, CEO
Comet Biorefining Inc.
700 Collip Circle, Suite 211
London, Ontario, CANADA N6G 4X8