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Comstock Validates Record Renewable Fuel Yields
ComstockComstock(US:LODE) GlobeNewswire News Roomยท2024-08-15 12:33

Core Insights - Comstock Inc. and its subsidiary Comstock Fuels have successfully validated renewable fuel conversion yields of up to 125 gallons per dry ton of woody biomass on a gasoline gallon equivalent basis [1][3][4] Group 1: Company Achievements - Comstock Fuels has developed advanced lignocellulosic biomass refining solutions that produce renewable fuels such as ethanol, gasoline, renewable diesel, and sustainable aviation fuel with market-leading yields and carbon intensities [2] - The company has validated a baseline yield of 125 GGE and a carbon intensity of 15 using a mixture of hardwood feedstock species, without emissions capture and conversion [3] - Comstock Fuels is evaluating modular integration of processes to capture and convert biogenic carbon emissions into additional Bioleum derived fuels, potentially increasing yields to approximately 150 GGE, which is over 80% of the theoretical maximum yield from woody biomass [5] Group 2: Future Plans - The validation of up to 125 GGE is a significant milestone for the financing and construction of a 50,000 TPY commercial demonstration facility [4] - The company aims to achieve cost parity with fossil fuels to incentivize the decarbonization of global transportation, with plans to finalize engineering and site selection for the commercial facility within the year [6] Group 3: Company Overview - Comstock Inc. focuses on commercializing technologies that contribute to global decarbonization by converting under-utilized natural resources, primarily woody biomass, into net zero renewable fuels [7]