Markets & Sectors
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Sprague Signs Offtake Agreement with Biofine for the Carbon-Negative Biofuel EL100
The agreement is a significant step towards decarbonizing the heating oil market and commercializing Biofine’s patented technology. Biofine Developments Northeast Inc. (Biofine) and Sprague Resources LP (Sprague) are pleased to announce a transformative, long-term agreement that will bring the next generation of advanced biofuel, ethyl levulinate (EL), to the market. Sprague will also market EL, […]
TFIC Affiliate BDNE Agrees Biorefinery Site Lease with Lincoln, ME
On March 20, 2023, the Lincoln Town Council voted to approve a 20 + year lease between the Town of Lincoln and Biofine Developments Northeast (BDNE) for the development of a biofuels refinery on the site of the former Lincoln Pulp & Tissue Mill, now known as the Lincoln Technology Park. Construction of the project […]