NextCAT, Inc. is working to advance a biofuel catalyst technology developed at the National Biofuels Energy Lab at Wayne State University. A recent license agreement is allowing NextCAT to commercialize a class of catalysts that enable biodiesel producers to use cost-effective raw materials such as waste vegetable oil, animal fats and residual corn oil, and convert them into biodiesel. This technology offers a unique process solution for an industry that has been mostly idled in the United States since 2008, when rising feedstock prices rendered the production of biodiesel uneconomical. With a cost savings of at least $1 per gallon over traditional diesel fuel, the NextCAT solution greatly changes the economics of a biodiesel plant.
"Wayne State Startup Company Working To Advance Biofuels,"
1, Article 20.
Available at: http://digitalcommons.wayne.edu/newscience/vol19/iss1/20