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May 03, 2015 7:53 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Cobalt Technologies, Inc.

Company Overview

Cobalt Technologies, Inc., doing business as Cobalt Biofuels, engages in developing and producing drop-in bio-based chemicals from various non-food feedstocks. The company specializes in commercializing the production of bio N-butanol, a renewable chemical and fuel for use in paints, lacquers, and other surface coatings, as well as in the production of various fuels and chemicals, including jet fuel, bio-based plastics, and synthetic rubber. It has strategic partnerships with Solvay-Rhodia, Bunge Limited, and the U.S. Navy. The company was founded in 2005 and is based in Mountain View, California.

500 Clyde Avenue

Mountain View, CA 94043

United States

Founded in 2005

Phone:

650-230-0760

Fax:

650-230-0756

Key Executives for Cobalt Technologies, Inc.

Chief Executive Officer and President
Founder
Age: 57
Chief Operating Officer
Age: 56
Vice President of Research & Development
Compensation as of Fiscal Year 2014.

Cobalt Technologies, Inc. Key Developments

Cobalt Technologies, Inc. and ANDRITZ Inc. Sign Exclusive Agreement to Supply Technology and Engineering for Production of Lignocellulosic-Based N-Butanol

Cobalt Technologies, Inc. signed an exclusive global cooperation and supply agreement with ANDRITZ Inc. to integrate Cobalt's proprietary lignocellulosic pre-treatment process for the production of n-butanol with ANDRITZ's customized pre-treatment systems. The primary alcohol, n-butanol is a widely used industrial chemical found in paints, lacquers, and other surface coatings. It has traditionally been produced from fossil fuels. Engineered to achieve low production costs, Cobalt's technology naturally converts both C5 and C6 sugars into bio-butanol, using any non-food lignocellulosic, renewable and sustainable feed-stock. The bio-butanol can be used for a broad array of fuels and chemicals -- including jet fuels, bio-based plastics, and synthetic rubber. Combining Cobalt's proprietary process expertise with ANDRITZ's extensive experience in designing and supplying biomass processing systems will provide the market place a solution for developing reliable, efficient, and cost-effective production facilities.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
December 18, 2014
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