Milestones
Propelling the Holistic Decarbonisation Journey with Innovative Solutions
2008
2017
2018
2020
2021
2022
2023
- R&D capability for biomass utilisation established by Towngas
- Successfully commenced commercial production of HVO
- Developed proprietary 1st-gen HEFA tech
- Sold 3,000 tonnes of HVO to Europe
- Developed proprietary 2nd-gen HEFA tech
- First shower of Crude Cellulose in July 2020
- Delivered first truckload of Furfural in Sept 2020
- A new business platform known as EcoCeres, Inc. was founded
- Developed proprietary 3rd-gen HEFA tech
- Started trial production of Cellulosic Ethanol and Furfural at two facilities in Hebei
- Successfully produced Cellulosic Ethanol
- Sold 185,000 tonnes of HVO to Europe
- Kicked off new HVO/SAF project in Malaysia
- Successfully produced SAF and delivered to the market
- Kerogen Capital invested US$108 million in EcoCeres and became a strategic investor
- Bain Capital invested US$400 million in EcoCeres
- Successfully delivered the first 100% agricultural waste produced cellulosic ethanol shipment to Europe
