Verenium Corporation
55 Cambridge Parkway, 8th Floor
Cambridge, MA 02142
TEL: 617.674.5300
4955 Directors Place
San Diego, CA 92121
TEL: 858.526.5000
Verenium Biofuels, LLC
PO Box 389
11107 Campbell Wells Road
East Highway 90
Jennings, LA 70546
TEL: 337.824.4180
About
Verenium Corporation is a leader in the development and the commercialization of cellulosic ethanol, an environmentally-friendly and renewable transportation fuel, as well as higher performance specialty enzymes for applications within the biofuels, industrial, and animal nutrition and health markets.
Integrated capabilities: our competitive edge
The Company possesses integrated, end-to-end capabilities in pre-treatment, novel enzyme development, fermentation, engineering, and project development and is moving rapidly to commercialize its proprietary technology for the production of cellulosic ethanol from a wide array of feedstocks, including sugarcane bagasse, dedicated energy crops, agricultural waste, and wood products. In addition to the vast potential for biofuels, a multitude of large-scale industrial opportunities exist for the Company for products derived from the production of low-cost, biomass-derived sugars.
Verenium’s Specialty Enzyme business harnesses the power of enzymes to create a broad range of specialty products to meet high-value commercial needs. Verenium’s world class R&D organization is renowned for its capabilities in the rapid screening, identification, and expression of enzymes that act as the catalysts of biochemical reactions.
Cellulosic ethanol: first mover advantage
Verenium operates one of the nation’s first cellulosic ethanol pilot plants, an R&D facility, in Jennings, Louisiana and has recently entered the start-up phase at its 1.4 million-gallon-per-year demonstration-scale facility. In addition, the Company’s process technology has been licensed by Tokyo-based Marubeni Corp. and Tsukishima Kikai Co., LTD and has been incorporated into BioEthanol Japan’s 1.4 million liter-per-year cellulosic ethanol plant in Osaka, Japan — the world’s first commercial-scale plant to produce cellulosic ethanol from wood construction waste.
Verenium and Marubeni are continuing to advance the commercialization of cellulosic ethanol projects utilizing Verenium’s proprietary technology in Asia with the opening of a three million-liter-per-year plant in Saraburi, Thailand. The cellulosic plant in Thailand is co-located with a facility that will produce ethanol from sugar-cane derived sucrose, which is widely abundant in the region.
The need for alternative fuels
The urgent need for cleaner automotive fuels is pushing the private sector to develop low-carbon alternatives. Cellulosic ethanol is widely recognized as one of the most promising ways to meet our need for clean fuels with dramatically lower energy inputs and net carbon emissions. Verenium is a leader in the development of cellulosic ethanol – a clean-burning fuel derived from canes, grasses, softwoods, and other biomass sources that are readily available and are not utilized for food.
The need for alternative fuels has led to new federal law mandating the production and use of billions of gallons of biofuels within the next decade. The market is vast. The first companies entering the market for next-generation cellulosic ethanol will be tapping into a multi-billion dollar market at the beginning of commercialization.