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Example ... Next NY Funders Program is Friday, Dec. 14: Carbolosic Corporation: Making Sugar from Waste Cellulosic Material-Fast & Cheap

Burgess COMMENTARY

Peter Burgess

Next NY Funders Program is Friday, Dec. 14: Carbolosic Corporation: Making Sugar from Waste Cellulosic Material-Fast & Cheap

Gelvin Stevenson

Peter Burgess

Corn ethanol is under attack because it has a poor energy balance and uses a food to make fuel at a time when corn prices are high and people around the world are hungry. But Carbolosic Corporation could change all that. Carbolosic can transform paper, wood, agricultural waste, tree trimmings, old furniture, newspapers and magazines into sugar in 30 minutes, without acids or enzymes, using dry, mechano-chemical methods with yields above 80%. The process is the result of seven years work, and is patented. Competing products tend to be expensive, hazardous, or slow. Plus, those products can’t be recycled, as can sugar.

Carbolosic Corp.’s 30 minute processing time is faster than any other sugar-making process. Add to that the wide range of feedstock they can use in their process, and you have a major breakthrough. At least in the lab, which is the only place Carbolosic has achieved this so far. But scientists and engineers who have studied the process say that scaling up should not be a problem, and that is what the company is currently working on.

This technique can release the sugars in a plant, such as a corn plant, and can make up to seven times more ethanol from a corn plant—including the stalk, leaves and tassel—than ethanol plants currently turn out with just the corn kernels. This means we could multiply the amount of ethanol we make from just the kernels by six times, at lower costs and using no foods. Obviously, this process has great potential around the globe.

The company has a healthy business producing other natural organic compounds for many industrial sectors. It has a broad product line ranging from bulk products like various sugars and lignin, carboxylic acids, proteins including enzymes and pigments, and catalyst mixes, to fermentation products, where it focuses on carboxylic acid production using state-of-the-art supercritical CO2 extraction technology.

Cellulose is a feedstock for many products. Glucose is a C6 sugar along with Sucrose and Fructose; Xylose, Galactose & Arabinose are C5 sugars which can be fermented like the C6’s. Lignin is transformed into Vanillin (or vanilla), and chemicals which lead to production of biodegradable plastic feedstocks can also be formed from fermentation. And that is only a partial list.

Carbolosic licenses its CTS systems, each of which processes 250 tons of cellulose per day and can generate an EBITDA in excess of $23 million per year.

Headquartered in Melbourne Florida, Carbolosic has an experienced management team, and is raising funds to construct a plant to operate this process and build other facilities in Leesburg, Florida and West Palm Beach.

William J. Cox, President and CEO, will describe Carbolosic Corporation’s product and the company’s expansion plans.

Sector Expert: TBA

Date / Time: Friday, December 14, 2012 ... 8:00 – 10:00 am

Place:
Ernst & Young ... Room TBA
5 Time Square (7th Ave. between 41st & 42nd Streets)
New York, NY 10036
Nearest subways: 1,2,3,N,Q,R and the Shuttle from Grand Central
Security: If there is a problem, please call Gelvin Stevenson at 917-599-6089.

Fees: $50, payable by cash, credit card or check (payable to CEEP).
$25 for call-in. Registered call-ins will be emailed the call-in numbers and, if available, the slides to be presented.
$25 for students.
Annual subscriptions and Sponsorships are available.

Agenda

8:00 to 8:30 - Networking with Colleagues
8:30 to 8:40 - Introductions
8:40 to 9:10 - William J. Cox, President & CEO, Carbolosic Corp.
9:10 to 9:30 - TBA
9:30 to 10:00 – Discussion and Networking

To register, send your contact information to Gelvin Stevenson at gelvin.stevenson@gmail.com or 917-599-6089. And contact Gelvin If you have questions or need more information.