Forest Products and By-Products

Forest products are sustainable, renewable, carbon neutral materials, and are an important part of our everyday life.  They include solid lumber, paper, paperboard, tissue, cardboard packaging, laminated beams, building panels, chemicals, furniture, rayon fabric, liquid and solid fuel and food fiber. Forest co-products are the by-products or residues from major forest products operations,  They are…

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Life Cycle Analysis

Conducting a “life cycle analysis” – determining the cradle-to-grave carbon footprint and emission profile of a project and its raw material input and product output streams — is becoming increasingly common for companies that are developing new bioeconomy technologies and products. The benefits of this process go beyond its potential for providing a compelling demonstration…

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Small Business Innovation Research (SBIR) Funds

The Small Business Innovation Research (SBIR) program, a federally funded program designed to encourage research to meet national needs, aims to spark technological innovation, encourage creative ideas and participation by women and socially or economically disadvantaged people, and increase commercialization within the private sector or innovations created from federal research and development funding. It is…

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Hazards and Operability (HAZOP)

What do HAZOP experts in the bioeconomy do?  HAZOP (Hazards and Operability Study), a widely used process hazards analysis methodology, use professionally qualified team brainstorming to identify and resolve process safety hazards by considering unusual occurrences. It focuses early on the more probable failure scenarios, including human factors. It poses questions about possible deviations from…

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Renewable Fuel Standards (RFS)

Congress created the Renewable Fuel Standards (RFS) Program to reduce greenhouse gas emissions and expand the nation’s renewable fuels sector while reducing reliance on imported oil. This program was authorized under the Energy Policy Act of 2005 (RFS) and expanded under the Energy Independence and Security Act of 2007 (RFS2). The U.S. Environmental Protection Agency…

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What is TEA?

What is TEA in the renewable industries? Very simply, it is the acronym for techno-economic analysis.  Bringing new technology to the market is a commitment.  It’s expensive and normally takes quite some time.  Uncertainty is a normal complication because a technology’s economic value often depends strongly on unknown results of future research and development, and…

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Hazard Mitigation

Like in most industries, safety hazard mitigation in the bioeconomy is a key component of every process hazard analysis of every project.  This is most frequently done using HAZOP (Hazards and Operability) studies. HAZOP is a systematic, thorough method, using the Process Flow Diagrams, and it is designed, ideally, to find all possible specific unsafe…

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Appraisals for the Bioeconomy

There are relatively few professionals with significant expertise in appraisals and valuations in bioeconomy businesses and assets.  This is likely because the majority of bioeconomy valuations call for opinions on the value of operational or closed biofuels plants, cutting-edge biotechnologies such as pyrolysis, torrefaction, waste to energy, or gasification, or simply the value of the…

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