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General Biomass
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Internet: |
www.generalbiomass.com |
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Address: |
2859 Central Street
Suite 134
Evanston, IL 60201 |
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Contact: |
Daniel Gibbs, Ph.D. |
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Phone: |
847/433-4323 |
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Fax: |
847/475-5226 |
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e-Mail: |
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General Biomass Company develops engineered cellulase
enzymes to convert nonfood raw materials like waste wood,
paper and energy crops to glucose for fuel ethanol
production. Cellulosic ethanol is a substitute for gasoline.
Cellulase enzymes are the key to producing very large
amounts of renewable biofuels from biomass. The total
world market for biofuels was $20 billion in 2006 and will
rise to $80 billion in 2016.
Using a combination of gene sequencing, cloning and
bioinformatics tools originally developed for medical
research, the Company’s unique and proprietary tech-
nology combines high performance cellulase enzymes
with an in-licensed high performance expression host to
manufacture different enzymes with the capability of
breaking down biomass into fermentable sugars (precursor
products to ethanol and other biofuels). For example,
General Biomass can select cellulase enzyme genes from
organisms living in hot springs, put those genes in its system
and produce larger quantities of enzymes better suited for
industrial ethanol production. General Biomass is negotiating
a licensing agreement to use a patented gene expression
system for the production of cellulase and other enzymes
necessary to produce glucose and xylose from biomass.
(Text removed)
With license and service fees of 15% of customer ethanol
revenues (e.g. 15% of 100M gal ethanol at $2.00/gal), we
project license income of $30 million by 2013. Our method
can make many different enzymes, and glucose produced
with these enzymes is the raw material for a wide variety of
biofuels and bioplastics.
Producers of ethanol from cellulose will need large quantities
of cellulase and associated enzymes. At 100g enzyme
protein/gal ethanol, a single 25 million gal/year ethanol
plant would require 2,500,000 kg enzyme protein per year,
or 2750 tons of cellulase enzymes. Adding just 1 billion
gallons of cellulosic ethanol to U.S. gasoline would require
40 such plants, with a total annual cellulase protein require-
ment of 110,000 tons/year. At $3/kg, this would produce
revenues of $300 million/year.
Daniel Gibbs, President and Founder, has over 25 years
of experience in biological sciences, including 5 years at
Abbott Labs. He testified on biofuels before the U.S. House
Energy Subcommittee in June 2006, was an invited speaker
on biomass ethanol for the American Coalition for Ethanol,
and has published a paper on the potential of switchgrass
ethanol in the U.S. He was an NIH Postdoctoral Fellow at the
University of Washington and an NIH Predoctoral Fellow at
Stanford. He has a B.A. in Biology from Wesleyan University
and a Ph.D. and M.A. in Biological Sciences from Stanford
University.
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