Houston American Energy Progresses in Sustainable Aviation Fuel Development
Partnership Announcement: Houston American Energy Corp. (HUSA) has signed a binding Term Sheet with BTG Bioliquids to develop biomass-to-liquid fuels and Sustainable Aviation Fuel (SAF) projects using BTG's fast pyrolysis technology at HUSA's Cedar Port site in Texas.
Strategic Goals: The collaboration aims to create a diversified renewable-fuels platform that converts waste biomass into low-carbon fuels, complementing HUSA's existing initiatives in plastics-to-fuels and circular-economy projects.
CEO's Statement: Ed Gillespie, CEO of HUSA, emphasized the importance of this partnership in advancing their biofuels division and highlighted the extensive due diligence conducted to ensure BTG Bioliquids is a suitable collaborator.
BTG Bioliquids Overview: BTG Bioliquids specializes in converting biomass residues into renewable bioliquids, with a focus on sustainability and local processing, aiming to replace fossil fuels with their fast pyrolysis technology.
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