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Global Bioenergies S.A.: IRST BATCH OF ISOBUTENE FROM RENEWABLE RESOURCES DELIVERED TO ARKEMA - Seite 2
all the achievements of the past few years. Being the representative of the
chemical industry chosen by Global Bioenergies for this program is also a
demonstration of Arkema's will to develop the bioeconomy.".
Marc Delcourt, CEO of Global Bioenergies concludes: "Being able to deliver
isobutene batches to industrialists further strengthens Global Bioenergies
position. The Company has passed a major turning-point in its development.
Concomitantly, we observe a favorable evolution of key market indicators
for the bioeconomy: decreasing sugar prices and a gradual recovery of oil
prices. The barrel of Brent has already increased by about 50% to $66 from
its low point of January. A new 50% increase would bring it back to $100".
About GLOBAL BIOENERGIES
Global Bioenergies is one of the few companies worldwide, and the only one
in Europe, that is developing a process to convert renewable resources into
hydrocarbons through fermentation. The Company initially focused its
efforts on the production of isobutene, one of the most important
petrochemical building blocks that can be converted into fuels, plastics,
organic glass and elastomers. Global Bioenergies continues to improve the
performances of its process, operates its industrial pilot and has begun
the construction of its demo plant. The company also replicated its
achievement to propylene and butadiene, two members of the gaseous olefins
family, key molecules at the heart of petrochemical industry. Global
Bioenergies is listed on Alternext, Euronext Paris (FR0011052257 - ALGBE).
Should you like to be kept informed, subscribe to our news feed on
www.global-bioenergies.com
Follow us on Twitter: @GlobalBioenergi
Contact
GLOBAL BIOENERGIES
Jean-Baptiste BARBAROUX
Head of Corporate Development
Phone: 01 64 98 20 50
Email: jean-baptiste.barbaroux@global-bioenergies.com
---------------------------------------------------------------------
05.05.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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353383 05.05.2015
Global Bioenergies is one of the few companies worldwide, and the only one
in Europe, that is developing a process to convert renewable resources into
hydrocarbons through fermentation. The Company initially focused its
efforts on the production of isobutene, one of the most important
petrochemical building blocks that can be converted into fuels, plastics,
organic glass and elastomers. Global Bioenergies continues to improve the
performances of its process, operates its industrial pilot and has begun
the construction of its demo plant. The company also replicated its
achievement to propylene and butadiene, two members of the gaseous olefins
family, key molecules at the heart of petrochemical industry. Global
Bioenergies is listed on Alternext, Euronext Paris (FR0011052257 - ALGBE).
Should you like to be kept informed, subscribe to our news feed on
www.global-bioenergies.com
Follow us on Twitter: @GlobalBioenergi
Contact
GLOBAL BIOENERGIES
Jean-Baptiste BARBAROUX
Head of Corporate Development
Phone: 01 64 98 20 50
Email: jean-baptiste.barbaroux@global-bioenergies.com
---------------------------------------------------------------------
05.05.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
353383 05.05.2015
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