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Lignocellulosic oil: novel biofuel platform for maritime transportation

SEAFARER aims to commercialize a patented, energy-efficient process for converting abundant lignocellulosic waste into climate-neutral biofuel oil for retrofitting oil refineries and maritime engines.

Subsidie
€ 2.497.250
2022

Projectdetails

Introduction

SEAFARER has the objective to further mature, demonstrate, and bring to market the next-generation bio (fuel) oil process allowing oil refineries to retrofit for 100% climate-neutral operations.

Technology Overview

Our patented technology is the first process for high-efficient sustainable biomass conversion using lignocellulose and even pure lignin as feedstock – the most abundantly available & non-edible waste biomass on Earth, yet currently to 98% unexploited.

Process Efficiency

Our process is simple, featuring:

  • One-step reaction
  • No catalysts
  • 80% energy-efficient

Additionally, it is more than 2-times cheaper than all existing biofuel oil production methods.

Scalability and Unique Features

Our technology is thus highly scalable, able to produce lignocellulosic biofuel oil (L-BFO) that is fully miscible with all current liquid fuels. This is a unique feature, especially for the maritime sector, where:

  1. Engines found aboard large ships are adapted to more crude fuels.
  2. No refinement step is needed for using our L-BFO.
  3. Replacing heavy and costly engines is not an option.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 2.497.250
Totale projectbegroting€ 3.567.500

Tijdlijn

Startdatum1-11-2022
Einddatum31-10-2025
Subsidiejaar2022

Partners & Locaties

Projectpartners

  • KVASIR TECHNOLOGIES APSpenvoerder

Land(en)

Denmark

Inhoudsopgave

EIC Accelerator

EU-subsidieprogramma voor mkb en start-ups met grants tot €2,5 mln en equity-investeringen tot €15 mln voor baanbrekende innovaties.

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