Victor Lin, a researcher at Iowa State University, has created a nano-scale bio-diesel refinery that could make biodiesel production cheaper, cleaner and faster.
Lin's nanospheres catalyze a reaction between animal and vegetable fats and methanol, producing biodiesel. He's already working with a venture capital firm to market the technology, though they're not sure whether to license it to other companies, or to start their own refinery.
In any case, the first step is to build a pilot plant, which could be completed in 18 months time.
Read the full press release at Iowa State University
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