Arbios Biotech forms global alliance with Shell Catalysts & Technology
Arbios Biotech has announced that it and Shell Catalysts & Technologies (SC&T), an affiliate of global oil and gas major Royal Dutch Shell plc (Shell), have formed a new global alliance aimed at utilizing SC&T’s upgrading technology capability in the pursuit of a low-carbon intensity, circular-economy focused biorefinery.
Arbios Biotech, a joint venture between Australia-headed bioprocess technology developer Licella Holdings Ltd (Licella) and Canada-headed forest industry major Canfor Corporation, was formed to commercialize Licella’s Cat-HTR bioconversion platform.
Using near or at supercritical water to create high-quality biocrude, a renewable and sustainable bio-oil for the circular economy, Licella’s platform is a globally leading hydrothermal liquefaction (HTL) technology, for various forms of wood and post-consumer biomass around the world, particularly in North America, South America, and Europe.
Shell Catalysts & Technologies will play a critical role in helping Arbios Biotech realize its vision of a low-carbon regional circular economy, bringing an end-to-end biorefinery solution in many jurisdictions where no such options exist today, while also supporting efforts to deliver attractive economic returns and desired sustainability outcomes, said Don Roberts, Chairman of Arbios Biotech.
This alliance between Arbios Biotech and SC&T anticipates that Shell upgrader units will work in concert with commercial Cat-HTR plants, strategically located near aggregated post-consumer biomass feedstock sources.
By linking SC&T upgrader units with Cat-HTR plants, Arbios Biotech would have the capability to upgrade biocrude to finished products in one continuous, efficient process.
We are very pleased to be working with Arbios Biotech on this exciting initiative as they look to develop a low-carbon circular economy. We look forward to further developing a strong and collaborative relationship that will meet the needs of the global marketplace, said Kathren Murray, VP New Business Development with Shell Catalyst & Technologies.