Cobalt Teams Up With Fluor
Sustainable Industries
Cobalt Teams Up With Fluor
By Sara Stroud
Published: August 26, 201
Biofuel startup Cobalt Technologies in August said it’s partnering with engineering and construction giant Fluor Corporation (NYSE: FLR) as it looks to bring its technology to commercial scale.
Using waste wood as feedstock, Mountain View, Calif.-based Cobalt makes biobutanol, a liquid alcohol fuel with applications in gasoline and jet engines that can also be used as a replacement for industrial chemicals. The company says its process reduces greenhouse gasses by up to 90 percent compared to gasoline production.