LSB is a coalition of leading advanced biofuels producers and technology developers committed to making a significant contribution to meeting the EU ambitions of decarbonising the transport sector. Advanced biofuels bring multiple benefits in terms of CO2 reduction, investments, revenues for farmers and forestry, improvements in waste management, and an increase in energy security. As a criteria for membership, the coalition requests a dedicated target to be defined for advanced biofuels, as proposed by the Commission in the form of Annex IXA mandate, and the related feedstock list.
Global Bioenergies develops innovative processes converting a broad variety of renewable feedstocks into advanced biofuels and bio-materials to secure supply and limit global warming. It is one of the few companies worldwide, and the only one in Europe, that is developing a process to convert renewable resources into hydrocarbons through fermentation. The company initially focused its efforts on the production of isobutene, one of the most important petrochemical building blocks that can be converted into fuels, plastics, organic glass and elastomers. It continues to improve the performances of its process, operates its industrial pilot, has started operations at its demo plant in Germany, and is preparing the first full-scale plant through a Joint-Venture with Cristal Union, named IBN-One.
“It is great to see a key French technology developer join our coalition at this critical moment when EU policy post 2020 is being shaped” said Marko Janhunen, Chair of LSB and Vice President, Stakeholder Relations, UPM Biorefining. “Advanced biofuels can provide opportunities across the EU, in all Member States. With the right regulatory framework we can unleash the investment potential”.
Bernard Chaud, Director of Industrial Strategy, Global Bioindustries, added that the company sees the need for EU wide policy to promote advanced biofuels that are often based on novel technologies and complex feedstock. It is committed to creating sustainable biofuels for consumers in France and in the EU, and look forward to collaborating with the advanced biofuels industry in the LSB coalition.