Primus Green Energy has developed a scalable proprietary process to convert biomass and/or natural gas into liquid transportation fuels (gasoline, diesel, jet fuel) and specialty chemicals (xylene, toluene). The company operates a pilot test plant and is constructing an integrated single-loop demonstration plant at its Hillsborough, N.J. site. Management is led by chairman Dr. Yom-Tov Samia. Primus plans to complete its first commercial plant in early 2013. Financially, the company completed a $12M third funding round that completes financing for the demonstration plant. The investment was made by IC Green Energy Ltd., the renewable energy arm of Israel Corp. Ltd.

Total raised

$12M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2012