PureVision a Founding Member of Colorado Center to Develop Biorefining Technologies

March 19, 2007
Denver, CO: PureVision Technology, Inc., a leader in developing cellulosic fractionation and biorefining technologies, is participating as a founding member of a new Colorado-based technology research collaboration, which was announced on March 19, 2007. The press conference at the Colorado State Capitol building included Colorado’s Governor Bill Ritter, U.S. Senator Ken Salazar, U.S. Congressmen Mark Udall and Ed Perlmutter and private sector business leaders including Ed Lehrburger of PureVision.

The Colorado Center for Biorefining and Biofuels, nicknamed C2B2 will operate as part of the Colorado Renewable Energy Collaboratory, a newly formed association of four of Colorado’s premier research institutions. These institutions include the University of Colorado at Boulder, the Colorado School of Mines, Colorado State University and the National Renewable Energy Laboratory. Colorado state lawmakers gave the Collaboratory $2 million in seed money to be used to obtain federal matching grants.

C2B2 founding private sector companies include industrial giants Shell Global Solutions, Chevron, Conoco/Philips and Dow Chemical Company and seven smaller Colorado-based companies including PureVision Technology, Inc.

Ed Lehrburger, PureVision’s President and CEO said, “Over the past several years, PureVision has worked closely with NREL, the University of Colorado and Colorado State University and we now look forward to working with the new partners and expanded capabilities of C2B2 to bring cellulosic biorefining to commercialization. We believe that the PureVision technology can become a significant building block for attracting research collaborators and funding for biorefinery research at C2B2."

PureVision has developed a unique fractionation technology that rapidly converts cellulosic biomass into industrial raw materials used for making a myriad of products including ethanol and other bio-products. This novel technology uses abundant and renewable cellulosic biomass feedstocks such as corn stalks, straws, wood, grasses and sugar cane residue (bagasse) to produce high value industrial bio-products.

C2B2 will work to create new technologies for the production of transportation fuels and other valuable products from plants including plastic, synthetic fibers and industrial chemicals. Because these materials now come from petroleum and natural gas, biorefining will reduce U.S. dependence on oil and gas, will provide alternative, domestic sources of energy and bio-products and will reduce greenhouse gas emissions.

Colorado’s U.S. Senator Ken Salazar spoke at the March 19th C2B2 news conference and said, “C2B2 brings together public and private partners with the skills and the commitment to change the way we produce fuels for our cars and make the products that we use in our daily lives. Producing fuels, fabrics, plastics and more from biomass will increase national security, bring new prosperity to rural America and reduce our impact on global warming. It is a win, win, win.”

PureVision is a privately held Colorado corporation that was organized in 1992 and is headquartered in Fort Lupton, Colorado. PureVision is scaling up its biorefining technology and plans to commercialize it, first to convert agricultural residues such as corn stalks into ethanol, and once commercially operational, to apply the technology to other cellulosic feedstocks and industrial bio-product applications.