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02-05-2012

CORE BioFuel selects Technip to engineer the worlds first first wood to gasoline biorefinery

CORE BioFuel Inc announced today that it has selected Technip, a world leader in engineering, construction and project management in the energy industry, to complete the construction engineering of their first wood to gasoline biorefinery. CORE's Green Gasoline plant will produce 67 million litres of renewable gasoline and generate over 20 million litres of water annually from wood waste.

George Stanko, President of CORE BioFuel, states: "we are very excited about working with Technip to provide the next step in our commercialization process, which is to complete the engineering for our first plant. Technip, as a leader in syngas plant design, is uniquely positioned to support CORE thru the critical engineering phase of commercialization. One of the critical factors in our selection of the Technip team is their established working relationship with key component suppliers such as Air Products and Chemicals and Energy Products of Idaho (now Outotec). Both firms have agreements with CORE for development of production equipment."

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