UPDATE – Oct 2019
Green Biologics’ UK R&D team are about to enter an exciting new era. We are using the technology and significant intellectual know how we’ve developed over the past 15+ years to explore novel applications that exploit the unique capabilities of anaerobic host strains such as clostridia.
Our company name has changed to Biocleave Limited and a new website will follow soon.
After a detailed review, the Board of Green Biologics Limited (GBL) has concluded that it is not possible to secure funding to enable it to continue with its plan to build up sales and production levels of renewable butanol and acetone at the Group’s Little Falls, Minnesota plant to the point of cash break-even. Accordingly, given this withdrawal of financial support, the Board and Managements of its subsidiary companies, Green Biologics, Inc., and Central Minnesota Renewables LLC have commenced an orderly closure of operations and wind-down of those corporations for and subject to any actions by their creditors.