February 10, 2012

Bankrupt CHOREN sells tech to Linde

Germany-based gas producer Linde via its engineering business Linde Engineering Dresden has acquired the Carbo-V technology of the insolvent biofuel producer CHOREN (insolvent means bankrupt by the way).

The Carbo-V technology is a multi-stage biomass gasification process, which was CHOREN's main asset. Linde said it will offer the technology as licensor and also as an engineering and contracting company for commercial projects.

CHOREN filed for insolvency in July 2011 because of financial difficulties in starting up its synthesis gas demonstration plant in Freiberg, Saxonia. CHOREN processes biomass such as wood and wood wastes into synthesis gas, and in turn into ethanol.

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