The alphaDIRECT Insight
Licella is a global leader in hydrothermal upgrading with its trademarked Catalytic Hydrothermal Reactor (Cat-HTR) platform. Through its unique partnership strategy, Licella is focusing on helping its partners fully leverage all aspects of their business by utilizing its proprietary Cat-HTR technology to convert low value products and waste streams into high value products, such as stable, non-acidic biocrude that is equivalent to conventional oil. We believe that Licella is a commercial pioneer in this technology and once the company’s first commercial project goes into production during 2019, the platform can be used to convert a variety of different feedstocks into high value products. With a capital light licensing and royalty model, Licella will be able to offer their technology solution to other partners and pathway to broader commercial adoption by a variety of industries.
With over A$75M invested in the development of the Cat-HTR platform, it has been extensively tested and conservatively scaled up at Licella’s large pilot plant in Somersby on the NSW Central Coast, Australia. The Cat-HTR platform is now commercial ready and proven across a wide range of feedstocks.
Licella’s proprietary hydrothermal upgrading platform, the Cat-HTR™, is proven to convert various residues, waste and non-edible biomass, End-of-Life Plastic, used lubrication oil and lignite into the world’s first stable biocrude or synthetic crude oil.