Alternativa (IOM) Limited and GreenShift Corporation have entered into an exclusive supply and cooperation agreement to design and develop sustainable integrated feedstock and renewable energy production facilities.

The two companies will initially focus on selected geographies throughout the world that have both abundant undeveloped biomass-derived feedstock resources and the downstream supply-chain infrastructure needed for robust distribution and use of renewable energy and other biomass-derived products at scale.

The first facility is planned for Ukraine, and will be designed to process rapeseed into renewable fuels, edible oils and animal feed. While the development of the Ukrainian project is at an advanced stage, Alternativa is also evaluating several additional sites in Russia and Canada. Each site will be designed to cost-effectively refine undeveloped first-generation biomass resources into value-added carbon-neutral products, but also to include fully-integrated applications of innovative second- and third-generation feedstock production and refining technologies, such as GreenShift's oil extraction and Cellulosic Oil technologies…

[source: Alternativa]