Renewable biomass feedstock is processed through a proprietary, high temperature pyrolysis technology from Proton Power Inc. (“PPI”) that converts the wood material into multiple high-value products:
· Renewable diesel fuel that exceeds ultra-low sulfur, on-road specifications. This is “drop in” diesel fuel and qualifies for the Federal renewable fuel credits and California Low Carbon Fuel Credits
Biochar that is an outstanding and valuable organic fertilizer; and
· Bulk Graphene that is derived from the Biochar in a secondary process.
The Process Technology is “Green”. Carbon in the renewable feedstock is sequestered in the giochar or graphene. The entire process has a very low carbon intensity and produces a high quality diesel fuel that is well suited to markets like California that offer incentives based on the low carbon intensity of the fuel.
The biochar can be used directly out of the production plants as an excellent soil amendment or it can be converted to a much higher value product: graphene.
Graphene was discovered in 2004 at the University of Manchester as a single layer of carbon atoms arranged in a hexagonal pattern. The material has numerous amazing properties. it is about 100 times stronger than the strongest steel and is an excellent conductor of both heat and electricity. Adding small amounts of graphene to composite materials dramatically improves their performance. Hundreds of applications for graphene are under development ranging from electronic circuitry to water filtration, high performance batteries to structural parts for automobiles, and enhanced concrete and asphalt.
A major impediment to the development of graphene’s potential is its current high cost. Homeland Fuels Company plans to leverage its major position with biochar to dramatically reduce the cost of bulk graphene, creating an economic pathway for several large-scale graphene applications.