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REPREVE RENEWABLES Adds Genetic Assets from Mendel Biotechnology to Its Product Development Program  

Wednesday, May 14, 2014


Greensboro, N.C. – REPREVE® RENEWABLES, LLC, announced today it has purchased certain genetic assets or germplasm for its giant miscanthus grass product development program from Mendel Biotechnology, Inc., a privately held company in Hayward,Calif.

The purchase adds Mendel’s diverse miscanthus germplasm pool to REPREVE RENEWABLES’ proprietary biomass crop establishment technologies, its current product development program including the exclusive license of FREEDOM® Giant Miscanthus and its novel business model. The purchased germplasm provides an opportunity to accelerate the development of non-invasive varieties of miscanthus.

These new varieties will be developed to have increased yield potential when planted in different geographic areas, in varied soil types and under a range of agronomic conditions. The company is investing in research to develop high-yielding feedstocks to meet the growing demand from biomass market customers, such as those that develop advanced biofuels, chemical intermediates, solid fuels, animal bedding and pulp and paper.

“The purchase of these miscanthus genetic assets is a natural progression of REPREVE RENEWABLES’ efforts to expand biomass production. We target production on underutilized or marginal land not suited for food and fiber crops. To ensure a consistent, viable source of feedstocks, we will develop additional varieties that grow well in these fields across the country,” said Jeff Wheeler, chief executive officer.

“Our ultimate purpose is to provide reliable, cost-effective sources of feedstocks on a commercial scale, allowing companies to develop and commercialize their own bio-based products. Developing the right varieties to plant near customer locations where the feedstock is needed is a key component of our system.

“We view this purchase as an important strategic investment that expands the company’s growth potential by anticipating and meeting our customers needs,” Wheeler said.

For more information: www.repreverenewables.com

About REPREVE RENEWABLES
REPREVE RENEWABLES, LLC, is a leader in providing comprehensive renewable solutions for the biomass market. It is committed to developing renewable solutions for bio-based markets by leveraging crops grown on underutilized or marginal land to create sustainable biomass production. The company’s germplasm, proprietary establishment technologies and novel business model enables farmers and landowners to realize the value of biomass crops. The company is headquartered in Greensboro, N.C.

REPREVE® is a registered trademark of Unifi, Inc., used under license. FREEDOM® is a registered trademark of
Mississippi State University, used under license.


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