AE Biofuels, Inc., an international, vertically integrated biofuels company, announced that it has entered into a strategic agreement with Merrick & Company to commercially implement its patent-pending enzyme based technology for the conversion of non-food biomass and other materials into ethanol. Merrick is recognized as a leading provider of engineering and architectural design-build, procurement, construction management, and geospatial services.

As the terms of the agreement, AE Biofuels and Merrick will strive to swiftly deploy AE Biofuels’ next-generation biofuels technology to meet the significant demand for cellulosic ethanol created by the revised Renewable Fuels Standard (RFS). The Energy Independence and Security Act of 2007 increased the RFS to 36 billion gallons of renewable fuels, the bulk of which must be advanced biofuels, such as cellulosic ethanol.

“We are excited to team up with Merrick, a world-class organization with deep experience in both refining and biofuels, to work with customers to rapidly deploy our advanced technology,” commented Eric McAfee, chairman & CEO of AE Biofuels. “Our approach addresses the growing demand for advanced biofuels at both existing and new ethanol facilities. We think this flexibility will allow us to better serve the immediate needs of the biofuels industry.”

“Merrick is pleased to extend our advanced biofuels service offerings through the implementation of AE Biofuels’ enzyme-based technology,” stated Ralph Christie, PE, Merrick’s president and chief executive officer. “Merrick has been on the leading edge of the biofuels market since the early 1990’s and there’s a wealth of experience built over the last 18 years in this quickly evolving market that will provide a solid base for the team to work from.”

Let us hear your thoughts below:

Last 5 posts by QualityStocks

• Omnicity Corp. (OMCY.OB) Announces Addition of New Board Member - November 20th, 2009
• Muscle Flex, Inc. (MFLI.PK) Announces Release Time for the BUDDY Tablet Caddy Two-Minute Commercial and Landing Page - November 20th, 2009
• Artfest International, Inc. (ARTS.OB) Announces Revenue Profit Jumps - November 20th, 2009
• Omnicity Corp.’s (OMCY.OB) Recently-Issued Corporate Update - November 20th, 2009
• Soligenix Inc. (SNGX.OB) Taking Steps to Meet Challenges of Vaccine Technology and Biological Warfare - November 20th, 2009