DuPont and New Tianlong Industry Co., Ltd. Sign Historic Deal to Bring Cellulosic Ethanol Technology to China
Changchun, Jilin Province, China (PRWEB) July 16, 2015 -- Today DuPont and Jilin Province New Tianlong Industry Co., Ltd., (NTL) announced a licensing agreement to begin the development of China’s largest cellulosic ethanol manufacturing plant, located in Siping City, Jilin Province, China. The agreement allows NTL to license DuPont’s cellulosic ethanol technology and use DuPont™ Accellerase® enzymes, to produce renewable biofuel from the leftover biomass on Jilin Province’s highly productive corn farms. NTL is working to secure the necessary government approvals and support to implement this agreement.
Officials from DuPont, NTL, Siping City and Lishu County in Jilin Province praised the announcement as a milestone in the global renewable fuel marketplace. Combining NTL’s ethanol production expertise with processing technology, technical support and world-class enzymes supplied by DuPont, NTL will be able to produce cellulosic renewable fuel for the rapidly growing Chinese liquid biofuel market, which is projected to exceed 1.7 billion gallons per year by 2020. “As we bring online the largest and most sophisticated cellulosic facility in the world in the State of Iowa in the United States, we are simultaneously working with leaders who share the same vision of producing the next generation of clean renewable fuels in their region,” said Jan Koninckx, global biofuels leader for DuPont Industrial Biosciences. “We are honored to have found such a strong partner in NTL. The company’s reputation for producing world-class grain ethanol makes it a superior candidate to put DuPont’s advanced technology to work to realize the additional economic and environmental benefits of cellulosic biofuel in China.”
“With its history of scientific innovation, collaboration and commitment to the ethanol industry, DuPont is an ideal partner for New Tianlong in our quest to bring the cleanest renewable fuel on the planet to China,” said SUN Guojing, general manager of NTL. “We look forward to working with DuPont over the coming years as we develop the biomass supply chain, construct a world-class facility, and produce fuel that delivers on the promise of reduced pollution and greenhouse gases. This project will augment our current excellent grade ethanol offerings and business and will make NTL the preeminent biofuel product supplier in China.”
This announcement is particularly important in light of China’s aggressive goals for renewable energy, cutting its reliance on foreign oil and increasing employment opportunities for its large number of rural citizens.
An official signing ceremony took place in Changchun with representatives of both companies in attendance. Also in attendance at the ceremony were Siping City Secretary LIU Xijie and Lishu County Secretary SUN Yanjun. “This project is significant for local economic development and the launch of the clean-energy industry in the region and enjoys the full support from the local government,” said LIU Xijie.
Jilin Province New Tianlong Industry Co., Ltd. (NTL) was founded in 1988 and acquired by Ginsber Beer Group in 2003. NTL is one of the largest corn refinery plants in the northeast of China with the production and sale of potable alcohol, chemical reagent (absolute ethyl alcohol), corn oil (raw material), etc. For additional information about NTL, please visit: http://www.jlsxtl.com/En/aboutus.asp.
DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit http://www.dupont.com/
Forward Looking Statements: This document contains forward-looking statements which may be identified by their use of words like “plans,” “expects,” “will,” “believes,” “intends,” “estimates,” “anticipates” or other words of similar meaning. All statements that address expectations or projections about the future, including statements about the company’s strategy for growth, product development, regulatory approval, market position, anticipated benefits of recent acquisitions, timing of anticipated benefits from restructuring actions, outcome of contingencies, such as litigation and environmental matters, expenditures and financial results, are forward looking statements. Forward-looking statements are not guarantees of future performance and are based on certain assumptions and expectations of future events which may not be realized. Forward-looking statements also involve risks and uncertainties, many of which are beyond the company’s control. Some of the important factors that could cause the company’s actual results to differ materially from those projected in any such forward-looking statements are: fluctuations in energy and raw material prices; failure to develop and market new products and optimally manage product life cycles; ability to respond to market acceptance, rules, regulations and policies affecting products based on biotechnology; significant litigation and environmental matters; failure to appropriately manage process safety and product stewardship issues; changes in laws and regulations or political conditions; global economic and capital markets conditions, such as inflation, interest and currency exchange rates; business or supply disruptions; security threats, such as acts of sabotage, terrorism or war, weather events and natural disasters; ability to protect and enforce the company’s intellectual property rights; successful integration of acquired businesses and separation of underperforming or non-strategic assets or businesses, including timely realization of the expected benefits from the separation of Performance Chemicals. The company undertakes no duty to update any forward-looking statements as a result of future developments or new information.
# # #
7/16/15
The DuPont Oval Logo, DuPont™ and Accellerase® are registered trademarks or trademarks of DuPont or its affiliates.
Wendy Rosen, DuPont, +1 650-284-6429, [email protected]
Share this article