Edeniq And Global Bio-chem Enter Into Joint Development Agreement

VISALIA, Calif.--(BUSINESS WIRE)--Edeniq, Inc. (“Edeniq”), a biorefining and cellulosic technology company, today announced a Joint Development Agreement with Global Bio-chem Technology Group Limited (“Global Bio-chem,” HKG:0809), a leading manufacturer of chemicals from industrial sugars. Following a letter of intent forged in July, the companies further cement their cooperation on developing the lowest cost process for converting corn stover to cellulosic sugars for use in the production of bio-based chemical products.

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