TANOVIS AND THE BIOREFINERY
Tanovis initially developed its technology as a complement to the production of cellulose fibers. Recent work has demonstrated the potential for integration of Tanovis’s processes with various Second Generation biorefinery schemes for the conversion of lignocellulosic biomass to fuel ethanol.
Ethanol production from corn and other grain competes with the production of feed and food, has an inflationary impact on such vital commodities, and is limited by the availability of suitable land. To meet sustainable fuel targets, it will be necessary to shift to Second generation process, that rely on biomass (grown on marginal lands and with little fertilizer input) as the feedstock.
On 13 November 2018, the European Parliament (EP) approved new targets for renewables, energy efficiency and second-generation biofuels when it voted to confirm a provisional agreement on the revised Renewable Energy Directive (REDII).
Second-generation biofuels must provide at least 14% of transportation fuel by 2030. From 2019 until 2030, first-generation biofuels will be steadily phased out because they are considered to have a high risk for indirect land use change.
Tanovis is well positioned to tap into such a huge emerging resource. We have already shown our capability to extract high-purity, value-added components from intermediate biorefinery streams. We have demonstrated the utility of such products in the markets we already participate in.
Our believe is that value-added utilization of the biomass components that do not go into ethanol production could dramatically improve the economics of second generation biofuels.