AE Biofuels, Inc., an international, vertically integrated biofuels company, announced that it has entered into a strategic agreement with Merrick & Company to commercially implement its patent-pending enzyme based technology for the conversion of non-food biomass and other materials into ethanol. Merrick is recognized as a leading provider of engineering and architectural design-build, procurement, construction management, and geospatial services.
As the terms of the agreement, AE Biofuels and Merrick will strive to swiftly deploy AE Biofuelsâ€™ next-generation biofuels technology to meet the significant demand for cellulosic ethanol created by the revised Renewable Fuels Standard (RFS). The Energy Independence and Security Act of 2007 increased the RFS to 36 billion gallons of renewable fuels, the bulk of which must be advanced biofuels, such as cellulosic ethanol.
â€œWe are excited to team up with Merrick, a world-class organization with deep experience in both refining and biofuels, to work with customers to rapidly deploy our advanced technology,â€ commented Eric McAfee, chairman & CEO of AE Biofuels. â€œOur approach addresses the growing demand for advanced biofuels at both existing and new ethanol facilities. We think this flexibility will allow us to better serve the immediate needs of the biofuels industry.â€
â€œMerrick is pleased to extend our advanced biofuels service offerings through the implementation of AE Biofuelsâ€™ enzyme-based technology,â€ stated Ralph Christie, PE, Merrickâ€™s president and chief executive officer. â€œMerrick has been on the leading edge of the biofuels market since the early 1990â€™s and thereâ€™s a wealth of experience built over the last 18 years in this quickly evolving market that will provide a solid base for the team to work from.â€