A Tees firm has made a significant technological breakthrough which will open up its biochemicals, advanced biofuels and biopolymers proprietary process to cleantech firms across Europe, North America and South Asia.
Redcar-based cleantech company Nova Pangaea Technologies has made a significant breakthrough of its proprietary REFNOVA technology.
The UK-based technologist has demonstrated and proven a new process route which significantly reduces the customer’s capital expenditure and delivers attractive economic returns.
The business is led by Sarah Ellerby, a farmer’s daughter from North Yorkshire, who enjoyed a successful professional sports career in the United States before moving into business with various chief executive roles before returning to her native North Yorkshire to lead Nova Pangaea.
Just over a year into Ellerby’s leadership, the company is now moving quickly to offer its patented chemical process, known as REFNOVA, to customers around the world.
CEO Sarah Ellerby – pictured (above) with CFO Neil Guilder (left) and CTO Dr Neil Hindle – said: “This is a game-changer for Nova Pangaea Technologies and of course our customers.
“This breakthrough strengthens our value proposition and delivers on our customer promise of continuously innovating REFNOVA to find ways to improve customer economics and reduce capital expenditure and operating expenses.”
The new technology suite offers up to six configurations which focus on the output products such as biochar and non-fossil fuel derived activated carbon and advanced biofuels with a pathway to sustainable aviation fuel.
The REFNOVA suite takes a modular design approach which allows customers to “add-on” additional REFNOVA product applications as desired.
Sarah added: “In addition to decarbonizing transport fuels via the implementation of higher ethanol petrol, we need to consider reducing the dependency on coal for the production of activated carbon and move to a bio-carbon approach.
“REFNOVABLACK is a right here, right now process to produce 100% sustainable products and renewable fuel sources economically.
“REFNOVABLACK brings additional benefits to users wherever governments introduce a carbon tax or emissions trading scheme.
“We have adopted a “next-generation” strategy at Nova and are continuously seeking ways to improve and innovate the technology and provide sustainable products.
“This allows Nova to stay relevant and disrupt the market. I would like to congratulate our CTO Neil Hindle and his excellent team for their brilliant work to make this happen.”
Nova Pangaea’s REFNOVA technology sustainably converts forestry and agricultural residues into sustainable biochemicals and biopolymers and drop-in products for biofuels.
The technology is a world-first, patented process developed by the Redcar, UK based company.