11 December 2013
Details
Calystra Energy,
focusing on development of methane as
a new biological feedstock for
cost-competitive, scalable biofuels and chemicals production,
today announced completion of a Series A financing round
totalling $3million to advance the development of
biological routes to high value industrial chemicals and fuels
based on METHANE,
an advantaged feedstock from natural gas.
Source : U.S. EIA, The Economist
Trillion cubic meters, 2011/ Latest Available
The financing was led by Pangaea Ventures Limited.
Calystra Energy,
Alan Shaw, Ph.D., Chairman, President and CEO,
- This financing positions Calystra to
continue rapid development of
scalable, economical pathways for
these new importants products based on our
biological gas to liquids and
biological gas to chemicals
natural gas conversion technologies.
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