Houston American signs term sheet with BTG Bioliquids for SAF tech

Houston American Energy, through its wholly-owned subsidiary Abundia Global Impact Group, signed a binding term sheet with BTG Bioliquids to develop sustainable aviation fuel (SAF) projects.

Under the agreement, Houston American will use BTG Bioliquids’ proprietary fast pyrolysis technology for the production of Fast Pyrolysis Bio-Oil from woody biomass waste streams to produce biomass-to-liquid fuels and SAF.

Houston American said that the next phase of development will be to optimise upgrading process at scale at its Cedar Port site in Baytown, Texas.

“This marks an important step in advancing HUSA and AGIG’s biofuels division. We have undertaken extensive due diligence, including detailed techno-economic assessments, to identify best-in-class partners for converting waste biomass into liquid fuels,” said Ed Gillespie, CEO of Houston American Energy Corp.

“BTG Bioliquids’ proven technology readiness level, commercial viability, and track record with multiple operational plants make them an ideal collaborator.”

The collaboration builds upon HUSA and AGIG’s strategy to develop a diversified renewable-fuels platform that converts waste and biomass into low-carbon fuels and chemical feedstocks.

“We are excited to move forward and support HUSA and their plans to develop an upgrading demonstration plant at their Cedar Port Industrial Park site using BTG Bioliquids technology. HUSA’s innovative approach to converting waste into low-carbon fuels aligns with our vision of supporting next-generation industries,” said Gerhard Muggen, managing director of BTG Bioliquids.