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Sk Inc. Invests In Fulcrum Bioenergy To Accelerate Production Of Low-Carbon Fuel From Waste

Dec 16, 2021•about 4 years ago
Seoul

Description

SK Inc., the strategic investment arm of South Korea's SK Group, announced today that is was part of a $50 million investment in Fulcrum BioEnergy Inc., a U.S.-based waste-to-fuels company. SK Inc. was joined in the investment with a Korean private equity fund.

Company Information

Company

Fulcrum Bio Energy

Location

Seoul, Seoul, South Korea

About

Fulcrum anticipates increased production, as the firm has secured a consistent supply of MSW feedstock through long-term agreements with major waste services companies in the U.S. and has secured offtake agreements with major energy companies and airline companies.