Biofuels – Epiron Bioenergy secures fairness funding from Protera Funding Companions Asia

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Epiron Bioenergy has entered into an fairness funding settlement with Protera Funding Companions Asia. The proceeds might be used to extend the variety of assortment factors and improve present processing vegetation to supply feedstocks of upper specs.

Epiron Bioenergy secures equity investment from Protera Investment Partners Asia

Picture by Steve Buisin from Pixabay

Chris Chen, co-founder of Epiron Bioenergy, mentioned: “Contemplating the now extraordinarily troublesome macro atmosphere, this can be a testomony to Aperon BioEnergy going through such circumstances and efficiently elevating funds.”

“Buyers consider in our enterprise fundamentals and our imaginative and prescient for decarbonization. We stay up for rising our assortment of used cooking oil to make a fair stronger environmental and social affect.”

Epiron Bioenergy just lately closed a separate fairness financing spherical from Mitsui Chemical substances. Each investments are poised to place Epiron Bioenergy for exponential development amid rising demand for renewable feedstock for superior biofuels.

exponential development forward

Based on a January 2021 evaluation by Greenia, the worldwide biofuels business is projected to develop considerably by 2025 – in comparison with 2020, it’s anticipated to develop three-fold in Asia, six-fold within the Americas and three-fold in Europe.A dealer and guide specializing in waste based mostly feedstock and biodiesel.

Epiron Bioenergy, a number one built-in participant and options supplier within the bioenergy area, collects and processes a variety of renewable feedstocks together with Used Cooking Oil (UCO), Palm Oil Mill Effluent (POME) and in an ever-growing Asian Acts as an essential exporter. Market.

Over the previous 15 years, Epiron Bioenergy has registered a presence in additional than 10 international locations and picked up over 500 million liters of UCO between 2017-2021, offsetting an estimated 1.5 million tonnes of carbon emissions.

Tai Lin, Managing Associate, Protera Funding Companions Asia, mentioned, “Along with Apiron, we may help streamline and elevate meals waste streams throughout Asia and within the course of help superior biofuel improvement globally. Huh.”

“This funding will open up alternatives for collaboration for our meals and agriculture portfolio and create among the optimistic affect that everybody is speaking about.”

As well as, additional avenues for strategic collaboration might be made potential with Protera Funding Companions Asia, whose meals and agriculture funding administration experience and upstream connections will quickly monitor development.

Epiron Bioenergy has had a busy 12 months. In Could, the corporate obtained a inexperienced mortgage from HSBC below the Enterprise Financing Scheme – Inexperienced below Enterprise Singapore. That is the Financial institution’s first EFS Inexperienced Mortgage processed below a streamlined certification course of to offer enterprises quick access to sustainable financing.

Richard Huang, co-founder of Epiron Bioenergy, mentioned, “We’re grateful for the business help that can permit us to construct a collaborative group to handle provide chain inefficiencies with Epiron Bioenergy’s multicultural and multi-juridical technique. ”

“At Epiron BioEnergy, our imaginative and prescient is to scale back carbon emissions in land, sea and air transport areas with an environment friendly provide of biofuels.”

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