Cleantech innovator Celtic Renewables has signed its first major re-seller, Caldic, as it gears up for the launch of Scotland’s first sustainable chemical plant in Grangemouth, Scotland.
Celtic Renewables’ patented low-carbon technology converts unwanted and low-value biological material into high-value renewable chemicals, sustainable biofuel, and other commercially and environmentally valuable products.
Caldic will distribute the bio-solvents produced by Celtic Renewables – a high purity bio solution, with a low carbon footprint, with the aim of providing a sustainable bio-based alternative to fossil fuel produced solvents.
The announcement of the partnership was made by Mark Simmers, Chief Executive Officer of Celtic Renewables, at a COP 26 event in November, attended by First Minister Nicola Sturgeon.
Celtic Renewables CEO Mark Simmers said: “This strategic partnership with Caldic not only secures the viability of our Grangemouth plant and the 35 people who work there, but also allows us to fast track our global expansion programme.
“To support this, we have launched an additional round of crowdfunding on Crowdcube to support our plans to build larger scale facilities around the world, which will enable us to bring more of our sustainable solutions to a greater number of people interested in doing the right thing for the planet.”
Celtic Renewables is a former winner of a Most Innovative European Biotech SME Award.