Periodic Reporting for period 1 - TCR (Feasibility Assessment on Thermal Catalytical Reforming)
Periodo di rendicontazione: 2016-06-01 al 2016-10-31
Thor Biocrude (NL) and Susteen Technologies (GER) will establish a joint venture (JV) (work title “Susteen Biocrude”) for the refining and marketing of biocrude oils to marketable hydrocarbon products. This JV has a high strategic relevance and strong market opportunity. The joint venture will focus on the conversion of low-value domestic, municipal or industrial carbon-rich waste flows into biocrude oil, the upgrading of biocrude into marketable bioliquids and their trading into fuel and chemical feedstock markets.
• Analysis of the end-to-end value chain for the conversion of organic waste into sustainable basis resources (coal, gas and biocrude oil) and the further refining of biocrude oil into marketable second generation fuels.
• Perform exemplary business case analysis for this value chain
• Evaluate required specifications and characteristics of these applications with potential customers
• Propose most relevant prototype projects for field trials with potential EU customers
• Elaborate on a detailed business plan [D1].