IH2 Technology Licensed to Leading European Company

A Fortune 2000 global company headquartered in Northern Europe has entered into an FEL-2 package license agreement with CRI/Criterion Catalyst Company LTD (CRIUK), a global catalyst technology company. The license covers IH2 technology, a continuous thermal catalytic process which produces liquid hydrocarbon transportation fuels from forest residues, and other renewable resources.

The initial Front End Loading (FEL-2) evaluation package will be completed for the core IH2 technology, inside battery limit (ISBL), by KBR, Inc. (KBR). KBR is CRI’s preferred engineering services provider for commercial IH2 facilities. KBR’s experience with the technology components of an IH2 processing facility will assist in de-risking the commercial scale design. KBR is a leading global engineering, construction and services company.

The client intends to source a broad range of forest residues as the design feedstock. IH2 hydrocarbons produced from woody biomass currently meet the American Society for Testing and Materials (ASTM) specifications for their respective fuels, positioned for the US market as an E10 gasoline fully renewable product, or as a 100% renewable diesel. Third party testing of the IH2 woody biomass derived neat (R100) kerosene cut, for global jet specifications. Jet A-1/JP8 indicates that the material meets these specifications for the properties tested to date. Ongoing research indicates the technology’s ability to achieve European Standard (EN) high-quality blend stock or potentially drop in renewable petrol and diesel specification hydrocarbons from this company's intended feed slate.

The IH2 technology is an efficient conversion route for woody biomass and forest residues feedstock that allows for production of clean transportation fuels from renewable resources. The process was developed by Gas Technology Institute (GTI) of Des Plaines, IL. CRI Catalyst Company of Houston, Texas has been granted exclusive worldwide licensing rights.