Taurus Energy AB in cooperation with CIMV and Dyadic for cellulocic ethanol

Taurus Energy AB is undertaking a large-scale commercial development project involving ethanol production. The research is being conducted, and has been conducted, by leading international scientists and has resulted in 9 patents so far.

Taurus Energy is providing a yeast technology for production of ethanol from forestry and agricultural waste. The method, which is protected by 13 internationally-patented microbiological processes.

Compagnie Industrielle de la Matière Végétale (“CIMV”) a pioneer company in developing processes for the production of biofuels and bio-based chemicals has announced that it has signed a collaboration agreement to commercialize second generation biofuel and biobased chemical technology with Dyadic International, Inc. (“Dyadic”) (OTCQX: DYAI), a global biotechnology company. Taurus Energy AB cooperates with both CIMV and DYADIC in developing second generation biofuel technology, in where Taurus will provide the yeast.

CIMV has a patented method of separating the thre main components celluloce, lignin and hemicelluloce in fibers. CIMV then produce a high quality lignin called “Biolignin”. Dyadic anticipates supplying enzymes for CIMV demonstration plant planned for 2015.

The principal owner of Taurus Energy is Avanza Pension. Taurus Energy is located in the Ideon Science Park in Lund.