CLARKS, Neb., July 28, 2017 /PRNewswire/ -- Strobel Energy Group announced today that it has executed an Engineering, Procurement and Construction (EPC) agreement with Prairie Catalytic, LLC, a subsidiary of Greenyug, LLC, to design and construct its commercial scale Bio-Ethanol to Ethyl Acetate facility in Nebraska. Ethyl Acetate is a specialty solvent used extensively in products such as paints, coatings, pharmaceuticals, adhesives and a variety of consumer goods.
The Prairie Catalytic production facility will be located adjacent to the Archer Daniels Midland Company's (NYSE: ADM) Corn Processing Plant in Columbus, Nebraska which will supply the project with Bio-Ethanol feedstock and other services. Strobel has initiated the detailed engineering design and will begin construction of the facility in Q3 2017 with commissioning and production expected within approximately one year. HELM AG, (www.helmag.com) based in Hamburg, Germany and Piscataway, NJ, is one of the world's largest chemical marketing companies, has executed an off-take agreement for 100% of the Ethyl Acetate produced at the Prairie Catalytic facility.
According to Steve Strobel, CEO of Strobel Energy Group: "This project allows us to execute on all of our core competencies. From detailed engineering, to fabrication and procurement of structural and mechanical components incorporating our customers process technology, utilization of our R, S & U stamp certifications, QA/QC process, EH&S program and our ability to self-perform civil and mechanical portions of the scope while putting Nebraskans to work right in our backyard. We are excited about this challenge and look forward to executing on time and within budget."
Sagar Gadewar, CEO of Greenyug LLC and Prairie Catalytic LLC, states: "We look forward to working with Strobel Energy Group, a company whose entrepreneurial ethos and 'can do' attitude matches ours. Strobel's strong presence in the local community and commitment to high quality work will be critical for success of the Prairie Catalytic project."
Greenyug developed its patented technology at its Santa Barbara, California research facility and continued the scale-up at its fully integrated demonstration plant. Greenyug has developed a proprietary platform to add value to ethanol by upgrading it into a variety of bio-based chemicals with broad market appeal. Greenyug Ethyl Acetate will be the first commercially available in industrial quantities to be entirely sourced from renewable feedstock. The global market for Ethyl Acetate exceeds $4 Billion.
About Strobel Energy Group
Strobel Energy Group, based in Clarks, Nebraska, is a privately owned mid-stream energy infrastructure engineering, procurement, construction and operations firm that specializes in liquid energy infrastructure that processes, stores or moves products by rail, truck or pipeline. Strobel has been safely providing services to the US crude, refined products and bio fuel market since 1986. Company website: www.strobelenergy.com
Greenyug, LLC is a privately held technology development company with a mission to research, develop and commercialize production of commodity and specialty chemicals, polymers, and fuels derived from renewable sources in a cost efficient and market competitive manner. Greenyug corporate and research facility is based in Santa Barbara, California. Scale-up and process development are carried at a fully integrated demonstration facility in Pune, India. Our capabilities include all aspects of technology development from concept at lab scale to piloting and commercial deployment. http://www.greenyug.com/
SOURCE Strobel Energy Group