Waste-to-Fuels Startup Terrabon Hauls in Waste Management Investment
Terrabon has landed another investment partner — this time, it’s Waste Management– in its pursuit of commercially viable green gasoline, a renewable fuel made from the organic waste found in your local landfill. BNET wrote about Houston, Texas-based Terrabon back in April, when Valero Energy, the largest U.S. refiner, became a lead investor in the company. Consider this latest investment and partnership with Waste Management, also based in Houston, as the third leg on a stool. Without it, well, you’d have a two-legged stool, which isn’t very useful. Meaning, Terrabon has the technology, Valero has the refining and Waste Management — as North America’s largest trash collector — has access to all of that organic waste. Tim Cesarek, managing director in organic growth…
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