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February 27th, 2007
NanoDynamics Inc. has launched a biofuels production venture in Australia using its green process technology.
The Buffalo nanotechnology company signed a licensing agreement with Global Technex Pty of Brisbane, Australia, aimed at bringing new technologies to the country's biofuels industry.
The agreement will see NanoDynamics' ND Fusion process intensification technology used to convert sugarcane into ethanol. The ultimate goal is to develop a large-scale ethanol production facility in Queensland, Australia.
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