PORTLAND PRESS HERALD • October 28, 2020
Biofine Developments Northeast Inc. of Bangor has formed a partnership with New Hampshire-based wholesale energy supplier Sprague Resources LP to help produce and market a patented biofuel made from 100 percent ethyl levulinate, an organic chemical compound often referred to as EL. Biofine said it hopes to finalize the site of its first biorefinery within the next month and be operating by 2023. The plant would process 100 tons a day of cellulose-based waste, primarily from paper and lumber mills, to make 3 million gallons a year of heating oil. It also would produce a side stream of renewable chemical byproducts that can be sold.