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GLOBAL BIOENERGIES: The construction of the Leuna demo plant is completed

The construction of the Leuna demo plant is completed

Evry (France) and Leuna (Germany), 14 November 2016 -
Global Bioenergies announces today that the construction of its demo plant,
started mid-2015, is now completed.

Global Bioenergies' Demo plant is the only facility in the world dedicated to
the direct fermentation of gaseous hydrocarbons. It is located in the
facility owned by the Fraunhofer CBP, on the Leuna refinery platform. It was
financed in part by the German federal ministry for research (BMBF) through a
grant of €5.7m, and also through a €4.4m loan obtained from a consortium of
French banks (Société Générale, BNP-Paribas, CM-CIC and BPI).

Having a nameplate capacity of 100 tons/year, the Demo plant will allow the
conversion of various resources (industrial-grade sugar from beets and cane,
glucose syrup from cereals, second generation sugars extracted from wheat
straw, bagasse, wood chips.), into high-purity isobutene. Photographs of the
Leuna Demo plant are availablehere.

Isobutene is a platform molecule. In the fuel sector, it is presently used to
manufacture isooctane, ETBE and MTBE which are valuable compounds used in
gasoline mixes. It can also be converted into isododecane, a compound found
in jet fuel. Isobutene is also used to manufacture a wide variety of
materials and chemicals such as rubbers, plastics, organic glass, paints and
cosmetics. Scaling-up Global Bioenergies' technology to commercial scale will
enable significant carbon footprint reductions in these key industrial

Rick Bockrath, Global Bioenergies' VP for Chemical Engineering, states: "The
design of this Demo plant is unique. It borrows both from the fermentation
and the petrochemical worlds. We are now eager to obtain the Plant
certification from the TÜV, the German certification authority, and expect to
bring this Demo plant to life over the coming weeks."

Ales Bulc, CEO of Global Bioenergies' German subsidiary, states: "Building
this Demo plant was a long journey and has involved numerous subcontractors.
Global Bioenergies' Leuna team assumed the role of General Contractor:
Synchronizing these entities was a very complex task, but it kept the
technological know-how in-house. Our success today in reaching completion
demonstrates our ability to successfully execute highly innovative technology

Marc Delcourt, CEO of Global Bioenergies, adds: "In the next months and years,
our Leuna Demo plant will allow us to further validate the technology in an
industrial environment and to deliver ton-scale batches to various
industrialists. We expect numerous new collaborations with industrialists to
be set up once the Demo plant is in operations."


Global Bioenergies is one of the few companies worldwide, and the only one in
Europe, that is developing a process to convert renewable resources into
hydrocarbons through fermentation. The Company initially focused its efforts
on the production of isobutene, one of the most important petrochemical
building blocks that can be converted into fuels, plastics, organic glass and
elastomers. Global Bioenergies continues to improve the performances of its
process, operates its industrial pilot, is completing the construction of its
demo plant in Germany, and prepares the first full-scale plant through a
Joint-Venture with Cristal Union, named IBN-One. The company also replicated
its achievement to propylene and butadiene, two members of the gaseous
olefins family, key molecules at the heart of petrochemical industry. Global
Bioenergies is listed on Alternext, Euronext Paris (FR0011052257 - ALGBE).

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: GLOBAL BIOENERGIES via Globenewswire

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