GranBio completes acquisition of US biomass power businesses

GranBio has completed the acquisition of 100 percent equity in American Process Inc. and affiliate companies including AVAPCO LLC and API Intellectual Properties Holdings.

The acquired assets include the Alpena Biorefinery in Alpena, Michigan, the Thomaston Biorefinery and R&D center in Thomaston, Georgia, operations, research, and business development staff and an extensive intellectual property portfolio in the biorefinery, biofuels, biochemicals, and nanocellulose fields with over 200 granted and pending patents.