In 2014, the feasibility of Celtic Renewables’ innovative process to produce biobutanol from byproducts of the whisky industry was evaluated at Bio Base Europe Pilot Plant, using a Bio Base NWE Innovation Coupon. This assessment enabled Celtic Renewables to gather a next round of investments worth €1,5million and was the start of a succesful collaboration.
In September 2015, Celtic Renewables lands a £11million grant after winning a competition run by the UK Department for Transport (DfT). The £11million grant will help them build the world’s first plant dedicated to the production of advanced biofuel from the residues of the whisky industry. This biofuel facility will be operational by December 2018, producing at least 1 million litres of biofuel, capable of powering cars, every year.
Latest Press Releases by Celtic Renewables:
February 2016: Celtic Renewables Leaders honoured at Life Sciences Awards
September 2015: Celtic Renewables lands £11 million after winning DfT competition
June 2015: Celtic Renewables named Europe’s most innovative biotech SME
March 2015: New investment takes Celtic Renewables Ltd’s valuation to £10million
June 2014: Celtic Renewables Ltd. partners Bio Base Europe Pilot Plant following £1,2million investment