Epec Biofuels Holdings, which has developed an ethanol industry integration platform, has completed its first supply chain partner agreement with BioDimensions Delta BioRenewables (BDBR) of Memphis, Tenn., to help push its Ethanol 2.0 standard toward further adoption.
BDBR produces industrial sugar feedstocks that Epec views as a cornerstone to the future of ethanol.
Under the agreement, Epec will invest in BDBR and receive exclusive supply chain system and technology rights, equity, and board participation rights.
Epec isn’t providing a whole suite of supply chain technology, just along the steps where the two companies previously operated in the same supply chain. This helps to highlight a trend of using partnerships with revenue and equity benefits to manage supply chain operations instead of multiple companies outsourcing to a single platform or third-party that would then coordinate the same exchanges.
Randy Powell, BDBR’s technology manager, said, “Epec's core competencies are a natural complement to our own, making it an exceptionally attractive investment partner. Both companies are now better positioned to develop new products.” - Geoff Whiting