The wonder from down under finds an Aussie funder

The Biofuels Digest, the world’s most widely read biofuels daily, has run a special feature on Licella and iQ Renew.

“From Australia we have just heard that Licella has given the exclusive Australian license for the Cat-HTR and End-of-Life Plastic to its subsidiary iQ Renew, which has in turn merged with Australian recycler Stop Waste, a cash flow positive business, in which Licella Holdings is now a shareholder. As part of the overall transaction share swap, Stop Waste Holdings, owners of Stop Waste, have also made an investment into Licella.

iQR will be one of the first companies globally to combine physical and chemical recycling, at a time when the world is searching for new recycling pathways following China’s effective ban on imported foreign waste.”

The Bottom Line…

“Licella continues to find very interesting partners to commercialize its technology — not unlike the approach that LanzaTech has successfully employed. The key has generally been to find feedstock owners who can realize a substantial lift in the value of the residues they control by applying the Cat-HTR platform.

Moreover, it’s another worthy competitor to the likes of Enerkem and Fulcrum BioEnergy in terms of presenting useful value uplifts to clients with municipal waste resources.”

Read the full article here:

The wonder from down under finds an Aussie funder