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May 05, 2015 11:11 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Virent Energy Systems, Inc.

Company Overview

Virent Energy Systems, Inc. engages in the development and commercialization of biorefinery solutions for the production of fungible biofuels. It offers BioForming, a technology platform that catalytically transforms soluble plant sugars, such as non-food and home grown energy sources into fungible advanced fuels for car, truck, train, and air transportation. The company was founded in 2002 and is headquartered in Madison, Wisconsin.

3571 Anderson Street

Madison, WI 53704

United States

Founded in 2002

Phone:

608-663-0228

Fax:

608-663-1630

Key Executives for Virent Energy Systems, Inc.

Chairman of The Board, Chief Executive Officer and President
Co-Founder and Technical Consultant
Co-Founder, Chief Technical Officer and Director
Chief Operating Officer
Vice President of Legal Affairs
Compensation as of Fiscal Year 2014.

Virent Energy Systems, Inc. Key Developments

Virent Announces Full Range Bio-Aromatics Production

Virent announced that it has successfully produced bio-paraxylene, bio-toluene and bio-benzene at demonstration scale and has confirmed that all three chemicals meet typical industry specifications. Virent has also produced sample volumes of bio-Aromatic 100, an aromatic solvent widely used in paint, industrial, and agricultural solvent applications. The company has broadened its product offerings for renewable chemicals through this process. Virent’s production of paraxylene at its Madison, Wisconsin laboratory, has reached a capacity of 10 tons per year which will allow Virent to serve the needs of multiple collaborators for product validation and market demonstrations. Aromatic 100, benzene and toluene are also available at smaller capacities for similar purposes. These aromatic chemicals are key building blocks for a wide range of materials and markets including food and beverage packaging, textiles, automobiles, detergents, construction materials, and paints and coatings.

Virent Appoints Edgar Steenwinkel as Vice President of Research and Development

Virent announced the appointment of Edgar Steenwinkel as the company’s Vice President of Research and Development. Steenwinkel will lead technology development efforts of Virent’s BioForming platform in preparation of commercialization of its biofuel and biobased chemicals. Steenwinkel joins Virent from Albemarle, where he served as Global Business Director for Alternative Fuels Technologies.

Virent Energy Systems, Inc. Presents at World Bio Markets USA, Oct-29-2014 02:35 PM

Virent Energy Systems, Inc. Presents at World Bio Markets USA, Oct-29-2014 02:35 PM. Venue: San Diego Marriott Mission Valley, 8757 Rio San Diego Drive, San Diego, California, United States. Speakers: Kieran Furlong, Director of Business Development.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
September 11, 2014
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