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Call to Action for a Truly Sustainable Renewable Future
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-Include high octane/high ethanol Regular Grade fuel in EPA Tier 3 regulations.
-Use a dedicated, self-reducing non-renewable carbon user fee to fund renewable energy R&D.
-Start an Apollo-type program to bring New Ideas to sustainable biofuel and …

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Home » BioChemicals/Renewable Chemicals, Business News/Analysis, Funding/Financing/Investing, New Mexico, Process, R & D Focus

Incitor Incorporated Receives $1.5 Million Series A Investment

Submitted by on June 13, 2012 – 11:37 amNo Comment

(BusinessWire) Rapidly Growing Renewable/Biomass Energy and Chemical Company Receives Funding Led by the Cottonwood Technology Fund

Incitor Incorporated (“Incitor”), a Delaware Corporation based in Albuquerque, N.M. ( ), announced today that the Cottonwood Technology Fund (“Cottonwood”) ( ) led an investment group to fund Incitor’s next growth phase.

Incitor’s patent-pending low-temperature chemical process breaks down almost any biomass from agricultural, solid, woody or algal waste to create commodity petrochemical replacements, specialty bio-based chemicals, and Alestron(TM), a novel third generation biofuel compatible with both gasoline and diesel. Incitor is rapidly scaling up its process to a 15,000-30,000 gallon per year demonstration facility. Incitor’s technology will allow biofuel production at about $2/gallon and also reduces the production cost of important industrial chemicals such as levulinates, formates, and proprionates by about 80%.  READ MORE

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