KiOR locks up downstream deals for future biocrude

Read the full story at Biorefining Magazine.

KiOR Inc. continues its aggressive push of securing downstream partnerships for its future biocrude-based products as the Pasadena, Texas-based company recently signed a fuel supply agreement with FedEx Corporate Services Inc. to provide renewable diesel blendstocks for purchase by affiliates of FedEx Corporate Services. The fuel will be produced at KiOR’s first commercial production facility, an 11 MMgy plant in Columbus, Miss., scheduled to come online in the second half of 2012.The agreement with FedEx is KiOR’s first with an end user of transportation fuels.

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