Linde buys biomass syngas technology from insolvent CHOREN

09 February 2012 14:12  [Source: ICIS news]

LONDON (ICIS)--The insolvency administrators of German biofuels firm CHOREN have sold its biomass syngas technology to industrial gases and chemicals engineering major Linde, officials said on Thursday.

CHOREN filed for insolvency in July 2011 because of financial difficulties in starting up a synthesis gas demonstration plant.

Administrator Bruno Kuebler said that Linde unit Linde Engineering Dresden would continue to develop CHOREN’s Carbo-V technology for the production of second-generation biofuels.

“The sale to Linde means that there is a real opportunity that this technology will be fully developed and commercialised,” Kuebler said.

Financial terms were not disclosed.

The technology was CHOREN’s main asset. Last October, administrators sold CHOREN’s components business, which makes specialised gasification components and equipment.

Check out Doris de Guzman’s Green Chemicals Blog for views on sustainability issues

By: Stefan Baumgarten
+1 713 525 2653

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index