IH2 Technology Licensed to Leading European Company

A Fortune 2000 global company headquartered in Northern Europe has entered into an FEL-2 package license agreement with CRI/Criterion Catalyst Company LTD (CRIUK), a global catalyst technology company. The license covers IH² technology, a continuous thermal catalytic process which produces liquid hydrocarbon transportation fuels from forest residues, and other renewable resources.

The initial Front End Loading (FEL-2) evaluation package will be completed for the core IH² technology, inside battery limit (ISBL), by KBR, Inc. (KBR). KBR is CRI’s preferred engineering services provider for commercial IH² facilities. KBR’s experience with the technology components of an IH² processing facility will assist in de-risking the commercial scale design. KBR is a leading global engineering, construction and services company.

The client intends to source a broad range of forest residues as the design feedstock. IH² hydrocarbons produced from woody biomass currently meet the American Society for Testing and Materials (ASTM) specifications for their respective fuels, positioned for the US market as an E10 gasoline fully renewable product, or as a 100% renewable diesel. Third party testing of the IH² woody biomass derived neat (R100) kerosene cut, for global jet specifications. Jet A-1/JP8 indicates that the material meets these specifications for the properties tested to date. Ongoing research indicates the technology’s ability to achieve European Standard (EN) high-quality blend stock or potentially drop in renewable petrol and diesel specification hydrocarbons from this company's intended feed slate.

The IH² technology is an efficient conversion route for woody biomass and forest residues feedstock that allows for production of clean transportation fuels from renewable resources. The process was developed by Gas Technology Institute (GTI) of Des Plaines, IL. CRI Catalyst Company of Houston, Texas has been granted exclusive worldwide licensing rights.

*IH² is a trademark of Gas Technology Institute.

About CRI/Criterion Catalyst Company UK LTD

CRI/Criterion Catalyst Company UK LTD is an affiliate of CRI Catalyst Company, the global catalyst technology company of the Shell Group. CRI operates research laboratories, development facilities, manufacturing plants and business units throughout the world. It is dedicated to providing a broad customer base with effective and cost-efficient catalysts and technologies. CRI has a range of products with specific focus on environmental applications, hydrogen separation and recovery, selective oxidation and hydrogenation and the production of renewable fuels. Website: www.cricatalyst.com

About Gas Technology Institute (GTI)

GTI is a leading research, development and training organization that has been addressing the nation’s energy and environmental challenges by developing technology-based solutions for consumers, industry, and government for more than 70 years. Website: www.gastechnology.org

About KBR, Inc.

KBR, Inc. is a global technology, engineering, procurement and construction company serving the hydrocarbons and government services industries. With operations in 40 countries, KBR has more than 25,000 people delivering services to customers in over 70 countries representing an unmatched reservoir of talent and experience in a wide range of markets. Website: www.kbr.com

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