- Behind The Scenes
COLUMBUS, Miss. -- KiOR, Inc. (Nasdaq:KiOR), a next-generation renewable fuels company, announced today that it has been granted Part 79 registration for its Renewable Gasoline Blendstock 5 by the U.S. Environmental Protection Agency (EPA). The registration, required by manufacturers of motor vehicle fuels by the EPA, must be completed prior to the sale of the product.
"Part 79 registration is a landmark for KiOR and the renewable sector, as KiOR's gasoline is the first renewable cellulosic gasoline that the EPA has registered for sale in the United States," said Fred Cannon, KiOR's President and Chief Executive Officer. "With this registration, KiOR's breakthrough cellulosic gasoline will be fueling cars of American consumers this year, providing a truly renewable fuel option that uses only sustainable non-food feedstock, reduces greenhouse gases, creates American jobs, and reduces our dependence on imported oil."
"Our first production facility, scheduled to begin production later this year in Columbus, Mississippi, is creating over 150 new jobs and will yield enough fuel to meet the annual transportation needs of over 20,000 families. This facility demonstrates how the Renewable Fuels Standard and forward-thinking states like Mississippi can combine to make a positive impact on both domestic energy policy and local rural economies."
Part 79 registration does not constitute endorsement, certification, or approval by any agency of the United States.
KiOR is a development stage, next-generation renewable fuels company that has developed a unique two-step proprietary technology platform to convert abundant and sustainable non-food biomass into cellulosic gasoline, diesel and fuel oil. KiOR's cellulosic fuels may be transported using existing distribution networks and are suitable for use in vehicles on the road today. KiOR strives to help ease dependence on foreign oil, reduce lifecycle greenhouse gas emissions and create high-quality jobs and economic benefit across rural communities. For more information, please visit www.KiOR.com.
KiOR's shares are traded on NASDAQ under the symbol "KiOR."