Sprague Signs Offtake Agreement with Biofine for the Carbon-Negative Biofuel EL100

PORTLAND, ME – July 25, 2023 - Biofine Developments Northeast Inc. (Biofine) and Sprague Resources LP (Sprague) are pleased to announce a transformative, long-term agreement that will bring the next generation of advanced biofuel, ethyl levulinate (EL), to the market.  Sprague will also market EL, a product ready to revolutionize the heating oil industry by converting waste feedstocks into carbon-negative biofuels.  

 

Senator Angus King explores future of energy at Brunswick's M-Tech center

BRUNSWICK, ME - July 24, 2023 - Senator Angus King says the energy industry is changing, and today he saw first hand how Maine companies are getting ready for the future.

 

Biofine Signs Long-Term Lease at Lincoln Technology Park

LINCOLN, ME - March 23, 2023 - The Lincoln Town Council voted to approve a 20-year lease between the town and Biofine Developments Northeast for a biofuels refinery on the site of the former Lincoln Pulp & Tissue Mill, now known as the Lincoln Technology Park.