15 Mar '12, 7am

Green Car Congress: Primus Green Energy raises $12 million for

Primus Green Energy raises $12 million for renewable gasoline technology 15 March 2012 The Primus process consists of three main steps: 1) gasification of biomass to produce a syngas; 2) CO2 separation and scrubbing of the syngas; 3) liquid fuel synthesis using a four-stage catalytic system. Click to enlarge. Primus Green Energy Inc., developer of a proprietary process to produce gasoline and other fuels from biomass and/or natural gas (earlier post ), has completed its third round of funding with the recent $12-million investment by IC Green Energy Ltd, the renewable energy arm of Israel Corp. Ltd. This latest investment brings the total of funds raised since 2007 to $40 million. The $12-million investment completes the financing for the integrated single-loop demonstration plant currently under construction at Primus Green Energy’s Hillsborough, NJ, site. Primus already ...

Full article: http://www.greencarcongress.com/2012/03/pge-20120315.html

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