Synata Bio’s Sylonto Project Awarded $4.5 Million NDRC Grant
11/19/24, 3:00 PM
Location
Money
¥4.5 million
Industry
biofuel
biomass energy
biotechnology
Type
partnership
Synata Bio’s Sylonto project has been awarded a $4.5 million grant from China’s National Development and Reform Commission (NDRC) for deploying their technology into a commercial waste carbon-to-ethanol facility integrated into the Henan Energy Group’s chemicals production site, Henan Longyu. The project aims to transform on-site waste gases into 50,000 tons of chemical-grade ethanol per year, with plans to expand that to 500,000 tons annually by 2028.