In Sweden, Taurus Energy has held contract negotiations with a US company as it develops its XyloFerm yeast strain, which can be used for the production of second-generation ethanol. The US company produces a cheap sugar from cellulose material, producing hemicellulose as a by-product. The two companies plan on signing a Research Collaboration Agreement, under which Taurus Energy will receive a hydrolysate from the US company so that Taurus can tailor its yeasts to suit this hydrolysate and to achieve optimization in the fermentation process.
In addition, Taurus is in the process of signing an MOU with Lallemand Biofuels, one of the world’s largest yeast suppliers, for a commercial distribution agreement.
Finally, Taurus Energy has also completed negotiations with Quad County Corn Processors (QCCP) on a MTA/NDA (Material Transfer Agreement/Non-Disclosure Agreement). Under these agreements, Taurus Energy has been sent QCCP’s hydrolysate, to carry out the customary tests with its yeasts. The initial tests have been completed, and the results passed on to QCCP. The tests results are looking good, and Taurus is scheduled to discuss steps for a continued collaboration with QCCP this month.
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