Attis plans to immediately begin the process of deploying its patented biorefinery technology to further diversify the biofuel and biobased product manufacturing at the campus. Attis will convert extracted locally sourced woody biomass pulp into cellulosic fuels and lignin into bioplastics, carbon fiber and advanced biofuels like renewable diesel and jet fuel.
Attis also aims to improve the quality and volume of co-products currently being produced at the Fulton ethanol plant by implementing its patented and licensed corn oil extraction technology that will almost double the current corn oil production yields at the plant and provide an augmented revenue stream. (Source: Attis Industries, DTN, June, 2019) Contact: Attis Ind., Jeff Cosman, CEO, 678-580-5661, www.attisind.com
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The transaction includes a 6-month transition services agreement as well as a 10-year offtake agreement for the ethanol produced at the facility.
According to an Attis release, "today, the United States consumes roughly 19 billion gallons of renewable fuel on an annual basis; however, Attis believes firmly that through the deployment of its innovative and transformative suite of green technologies, yearly production can nearly double while taking advantage of more carbon neutral feedstocks. Desperately needed innovation is required to realign existing production to the Renewable Fuel Standard's goal of 36 billion gallons by 2022."
(Source: Attis Industries, Inc. , Website 3 June, 2019) Contact: Attis Ind., Jeff Cosman, CEO, (678) 580-5661, www.attisind.com;
Sunoco LP, www.sunocolp.com
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