MPM Signs MoUs To Develop Biofuel Technology

MPM Technologies has signed Memorandums of Understanding (MoU) with both Washington State University (WSU) and Neos-SDI to become involved in developing its biofuel technology. The MoU between MPM and WSU allows professors and research students access to MPM subsidiary Carbon Cycle Power's (CCP) plasma-arc gasification technology, a waste-to-value solution that creates bio-based fuels, including jet biofuel, as well as access to its on-site laboratory. Neos-SDI, meanwhile, intends to develop a proprietary software system based on Microsoft's platform that will control, track and report the processes of CCP's gasification technology.

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